- Daily Chartbook
- Posts
- DC Lite #429
DC Lite #429
"The mortgage spread has dropped to a 3-year low. That's good news for homebuyers and refinancers"
Daily Chartbook
August 26, 2025
In partnership with
Welcome back to DC Lite: Daily Chartbook’s free, entry-level newsletter containing 5 of the day’s best charts & insights.
1. Mortgage spread. "The mortgage spread has dropped to a 3-year low. That's good news for homebuyers and refinancers."
2. Labor market differential. "Consumers see increasing slack in the jobs market. The Labor Differential continues to soften, falling to a fresh low of 9.7 in August. In particular, we saw a notable jump in those saying 'jobs hard to get.'"
3. BTC realized profit. "Long-term holders have already realized more profit this cycle than in all but one prior cycle (2016–17), highlighting elevated sell-side pressure. Taken alongside other signals, this suggests the market has entered a late phase of the cycle."
4. R2K flows. Last week's flows into $IWM were the largest since the week of the election in early November.
5. Revisions breadth. "The percentages of S&P 500 companies with positive three-month changes in forward revenues and forward earnings have increased significantly in recent weeks. That suggests that the S&P 493 should do well."
Sponsored content:
From Italy to a Nasdaq Reservation
How do you follow record-setting success? Get stronger. Take Pacaso. Their real estate co-ownership tech set records in Paris and London in 2024. No surprise. Coldwell Banker says 40% of wealthy Americans plan to buy abroad within a year. So adding 10+ new international destinations, including three in Italy, is big. They even reserved the Nasdaq ticker PCSO.
Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.
Reply