Open: 0.66 Close: 0.68 Change: 0.02

Today's Summary

Realtor.com reports in the November 2025 Monthly Housing Market Trends Report that new listings were up 1.7% year-over-year in November. Peak Prosperity rates are going up on January 30 for the first time in 17. Peak Prosperitys rates are going up on January 30 for the first time in 17 years. The balance sheet fell back to zero today, with all repos from unwinding, and zero new new repos being taken up at the two auctions today. Low mortgage rates are toxic for affordability because prices adjust upward. Median existing single-family home sales price last month was up by about 1.9% from a year earlier. Update on mortgage/MBS spreads to Treasuries have remained very low relative to historical averages. Stablecoin settlement volumes have reached $46 trillion in total transaction volume over the past year, up 106% from prior period. Japan should come up with a concrete action plan for making banking a rapid, push-button process. Ripple-linked XRP is up about 1% over the last 24 hours, and the prominent crypto token has jumped more than 11% in the last week to recently change hands at $2.13. WTI dropped a couple of bucks immediately, but by Thursday afternoon, it was back to where it was.