January 28, 2026
US Mortgage Rates Increase for First Time in Four Weeks
US mortgage rates climbed for the first time in four weeks, halting an early-year upswing in home purchase and refinancing activity.
The contract rate on a 30-year mortgage rose 8 basis points to 6.24% in the week ended Jan. 23, according to Mortgage Bankers Association data released Wednesday.
Europe:
Germany Sees Economy Reviving With Government-Spending Boost
The German government expects Europe’s biggest economy to emerge from three years of stagnation in 2026, but a heavy reliance on state spending shows fostering a broader-based recovery remains a work in progress.
Gross domestic product is seen expanding by 1% this year and by 1.3% in 2027, according to an updated outlook published Wednesday by the economy ministry in Berlin.
Asia:
BOJ’s Minutes Hint at Rising Concern Over Yen’s Impact on Prices
Some Bank of Japan board members expressed rising concern over the extent to which the yen’s depreciation is affecting price trends when they discussed policy in December before deciding at that meeting to raise the benchmark interest rate to the highest since 1995.
Some members said that “in deciding whether to raise the policy interest rate, the bank should give consideration to the impact of the yen’s depreciation on inflation rates, and in some cases, on underlying inflation,” according to the minutes from the December 18-19 gathering released Wednesday.
Disclaimer:
Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.
Company Disclosure – The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.
