Economic Update | Week Ending November 15, 2025

Weekly Economic Update; WEU

The longest government shutdown in history ended this week – Stock markets were almost unchanged this week following last week’s sell-off off which marked the worst week for stock markets in seven months. The week started off well. Stock markets rallied to near record highs when a deal to reopen the government was reached. As people were called back to work, there were a lot of questions as to how much the 43-day shutdown would impact the economy. According to the Congressional Budget Office (CBO), the disruption is expected to reduce fourth-quarter GDP growth by about 1.5 percentage points. All in all, tens of thousands of federal workers missed paychecks, contractors lost business, consumer spending was curtailed during the six-week interruption, and key data like jobs and unemployment, inflation, retail sales, etc., were not released as planned because the workers who tabulate the data were furloughed. Investors are anxious about how consumers will behave after six weeks of disrupted pay and routines. Many of those wages are lost (or delayed) and won’t get recycled instantly into restaurant meals, travel, shopping, etc. That means some spending is permanently displaced this quarter. That, in turn, is one reason stocks faltered despite the end of the shutdown. Additionally, investors are worried about comments from Fed Chairman Powell and other Fed members that alluded to no Fed interest rate drop in December. Investors felt that another drop in December was almost certain until Powell and other Fed members’ comments.

Stock Markets – The Dow Jones Industrial Average closed the week at 47,147.48, up 0.3% from 46,987.10 last week. Year-to-date, it is up 5.8% from 44,544.66 on December 31, 2024. The S&P 500 closed the week at 6,734.11, up 0.1% from 6,728.80 last week. Year-to-date, the S&P is up 11.5% from 6,040.53 on December 31, 2024. The Nasdaq closed the week at 22,900.59, down 0.5% from 23,004.54 last week. Year-to-date, it is up 16.7% from 19,627.44 on December 31, 2024.

U.S. Treasury bond yields – The 10-year Treasury bond closed the week yielding 4.14%, up from 4.11% last week. The 30-year treasury bond yield ended the week at 4.74%, up from 4.70% last week. We watch bond yields because mortgage rates follow bond yields.

Mortgage rates – Every Thursday, Freddie Mac publishes interest rates based on a survey of mortgage lenders throughout the week. The Freddie Mac Primary Mortgage Survey reported that mortgage rates for the most popular loan products as of November 13, 2025, were as follows: The 30-year fixed mortgage rate was 6.24%, nearly unchanged from 6.22% last week. The 15-year fixed was 5.49%, nearly unchanged from 5.5% last week.

The graph below shows the trajectory of mortgage rates over the past year.

Have a Great Weekend!

Mortgage Rate Update | November 13, 2025

MRU

Mortgage rates – Every Thursday, Freddie Mac publishes interest rates based on a survey of mortgage lenders throughout the week. The Freddie Mac Primary Mortgage Survey reported that mortgage rates for the most popular loan products as of November 13 2025, were as follows:

The 30-year fixed mortgage rate was 6.24%, nearly unchanged from 6.22% last week. The 15-year fixed was 5.49%, nearly unchanged from 5.5% last week.

The graph below shows the trajectory of mortgage rates over the past year.

Freddie Mac was chartered by Congress in 1970 to keep money flowing to mortgage lenders in support of homeownership and rental housing. Their mandate is to provide liquidity, stability, and affordability to the U.S.

From Snapchat Bitmojis to Apple Digital ID and More! | Tech News

Technology keeps nudging everyday life into new rhythms — smarter discovery, pocketable cameras, phone-first identity, and subtle UX wins for creators. Check out what moved the needle this week in the world of technology with our weekly round-up. From Snapchat Bitmojis to Apple Digital ID and more, we have covered with the top headlines you need to know!

LinkedIn’s AI people-search helps you find the right contact by description

LinkedIn launched an AI people-search tool that lets users find professionals by natural-language descriptions — for example, “Northwestern alumni in entertainment marketing” — instead of relying solely on exact names or rigid job titles. The feature weights relevance by your network connections and is rolling out to Premium users in the U.S. first, with broader availability planned. For recruiters, partnerships teams, and marketers, this reduces manual sleuthing and surfaces warm intros faster, improving outreach quality. It also nudges LinkedIn further from static profiles toward an AI-assisted discovery layer that understands intent and context. Expect privacy and accuracy conversations as networked people-search becomes a standard workflow for talent and business dev.

DJI’s Neo 2 selfie drone goes global — just not (yet) in the U.S.

DJI introduced the Neo 2, a compact selfie drone designed for quick social clips with automated tracking and easy editing flows, and announced global launches in many regions while holding off on a U.S. launch for now. The Neo 2 prioritizes portability and simplicity: creators can capture stabilized aerial footage without hauling pro rigs, then jump straight into basic edits. DJI’s decision to delay U.S. availability highlights continuing regulatory and safety hurdles that shape hardware rollouts for consumer aircraft. For creators outside the U.S., the Neo 2 looks like a compelling pocketable tool; for U.S.-based creators, it’s a reminder that access depends on local rules, not just product readiness. Either way, small drones are getting finessed to be more creator-friendly and less fiddly.

Apple’s Digital ID wins TSA acceptance for select checkpoints

Apple’s Digital ID in Wallet gained acceptance from the TSA for participating checkpoints. Likewise, the acceptance of Apple’s Digital ID lets travelers present verified identity documents from their phones instead of paper IDs. Of course, this will only be accepted where the program is supported. The system emphasizes device-based security and user control. Digital ID credentials are encrypted and presented by the user at the point of inspection rather than being uploaded to a central server. Early agency adoption signals growing institutional trust in certified Digital ID usage, but support will expand gradually as other agencies and venues onboard. For frequent travelers, the feature offers the convenience of shorter lines and fewer physical documents. Watch for Digital ID adoption by airports, state agencies, and transit systems to understand when it becomes broadly useful.

Aqara’s FP300 Presence sensor promises long battery life and Matter/Thread support

Aqara introduced the FP300 Presence multi-sensor, a compact Zigbee/Matter/Thread device designed to detect presence and motion while claiming multi-year battery life under typical use. The sensor pairs low-power operation with industry-standard protocols so it can slot into modern smart-home setups without frequent battery swaps. That combination makes presence detection more practical for automations like lights, HVAC, and occupancy routines while avoiding the annoyance of constant maintenance. Buyers will want to confirm local processing options and privacy practices, since always-on presence features raise legitimate data concerns. Overall, the FP300 is a pragmatic push toward more reliable, lower-hassle home automation.

 

Google Photos’ “Help me edit” lands on iOS to fix images by description

Google Photos added “Help me edit” on iOS, where users can type a natural-language instruction like “make the sky moodier and brighten the subject” and get suggested edits that apply exposure, color, and crop tweaks automatically. The feature is aimed at creators who want fast, consistent retouching without diving into a full editor — a quick way to turn a decent photo into a social-ready image. Advanced users can still fine-tune the results, but for many people, the conversational workflow speeds up the edit loop significantly. The update leans on Google’s image models and UX polish to make editing feel like asking a helpful friend for a touch-up. Expect ongoing improvements to fidelity and context understanding as the tool learns from more varied instructions.

Snapchat revives 2D Bitmojis with a comic-style refresh for subscribers

Snapchat reintroduced a comic-inspired 2D Bitmoji aesthetic for subscribers this week. The feature will be for those who prefer the illustrated look over the platform’s more photoreal 3D avatars. The comeback is a win for creators and communities that use avatar styling as a core part of identity and branding, offering a clearer, more graphic expression across Stories and ads. Snapchat positions the change as customization and nostalgia — letting users choose the visual language that best fits their social voice. The update is small in scope but meaningful in practice. Likewise, avatar style impacts tone, readability, and how audiences relate to creators. Expect more avatar customization options and monetizable styling bundles aimed at power users.

Weekend Events | November 14 – November 16

Dive into the weekend with local fun! From Ice Skating in Santa Monica to symphonies in the Valley and more, the city is filled with fall happenings. Check out this week’s round-up of weekend activities happening November 14 through November 16.

Los Angeles Weekend Events | November 14 – November 16 

Oktoberfest at Red Lion Tavern

When: Until November 16 

Where: Silverlake

What: Catch bold, experimental performances at REDCAT’s 22nd annual New Original Works Festival, where L.A.-based artists transform the space into a cutting-edge stage laboratory. Spanning three weekends, the festival showcases innovative works in dance, theater, music, and multimedia. Can’t make it in person? Select shows will also be livestreamed.

Tarantino Live: Pulp Rock Extravaganza

When: Until November 16 

Where: CineVita | Inglewood

What: For the Record is back with its most ambitious show yet: Tarantino Live returns inside CineVita, the world’s largest Spiegeltent, now home to FTR at Hollywood Park next to SoFi Stadium. The high-octane production honors 30 years of Pulp Fiction and reimagines unforgettable scenes and musical numbers from Quentin Tarantino’s iconic films, like Kill Bill, to Django Unchained. Expect a dazzling, immersive blend of theater, film, and concert that celebrates the legendary director’s cinematic universe.

Fireside Films by Rooftop Cinema Club

When: Until January 4, 2026

Where: Downtown

What: Street Food Cinema keeps the outdoor movie magic going with its cozy Fireside Films series, featuring heaters, seasonal favorites, and a free hot drink with each ticket. The lineup mixes holiday hits like Elf, Home Alone, and The Holiday with beloved L.A.-set films like La La Land and L.A. Confidential, plus newer crowd-pleasers such as Sinners and Freakier Friday. Screenings run throughout November and December—perfect for festive film lovers.

Westside & Beach Communities Weekend Events | November 14 – November 16  

Astra Lumina

When: Until December 31 

Where: Rancho Palos Verdes

What: Wander through a glowing galaxy of lights during the South Coast Botanic Garden’s celestial-inspired nighttime experience. This hour-long Palos Verdes trail skips the usual holiday trimmings in favor of nine dazzling installations that feel more otherworldly than wintery. Think less North Pole, more outer space—making it one of L.A.’s most hypnotic after-dark garden shows of the season. 

Ice at Santa Monica

When: Until January 19 

Where: Santa Monica

What: Just steps from the ocean, Ice in Downtown Santa Monica transforms the coastal city into a winter wonderland. The 8,000-square-foot outdoor rink—open daily from November through mid-January—sits at Fifth Street and Arizona Avenue, less than a 10-minute walk from the E Line. Admission ($24) includes skate rentals for an hour-long session, with private fire pits and party packages available for those looking to elevate the experience. Expect cozy treats, themed events, and even a special Taylor Swift birthday skate night on December 13. 

Live Talks Los Angeles

When: Until December 4 

Where: Venice

What: L.A.’s star-studded lecture series returns this October with a dynamic mix of in-person and virtual events featuring some of the most fascinating minds in arts, science, and entertainment. Guests can expect captivating talks from notable figures like Werner Herzog, Tim Curry, Judd Apatow, and Marc Maron. Many events offer the option to purchase a signed copy of the speaker’s book, making it a must for curious minds and culture lovers alike.

San Fernando Valley Weekend Events | November 14 – November 16 

Japanese Food Expo in LA 2025

When: November 14 – November 15 

Where: 555 Universal Hollywood Drive | Universal City

What: Get ready to taste your way through Japan—this year’s celebration offers three time slots over two days, giving you more chances than ever to indulge. From savory street food to cultural experiences, everything’s included in your ticket. Thanks to your incredible support, we’re making this our most unforgettable year yet—don’t miss it!

Boy Band Skate Night (All Ages)

When: November 15 

Where: Moonlight Rollerway | 5110 San Fernando Road

What: Grab your squad and get ready to roll at Boy Bands Skate Night—where the only thing smoother than your moves are the harmonies. Groove to the greatest hits from NSYNC, BTS, One Direction, and more while you skate, sing, and live out your ultimate fandom fantasy. Admission gets you in, but skate rentals are $8 at the window if you’re not bringing your own wheels.

“Gobble Gobble” Sugar Cookie Decorating Class

When: November 14

Where: Castle & Crown | 2012 West Burbank Boulevard

What: Learn how to turn cookies into edible art at the “Gobble Gobble” Cookie Decorating Class in Burbank! This beginner-friendly, two-hour workshop teaches the basics of royal icing and cookie design, with everything provided—including 6 cookies, 4 icing colors, and decorating tools. Perfect for a fun night out with friends or solo creativity, it takes place Friday, November 14, at Castle & Crown.

Conejo Valley Weekend Events | November 14 – November 16  

Vintage & Artisan Outdoor Market

When: November 15 

Where: DeFrenS Consignment Furniture, Home Decor, and Gifts | Thousand Oaks

What: Explore vintage treasures, handmade goods, and local art at this lively Vintage & Artisan Market! Browse curated booths filled with pottery, textiles, jewelry, and décor, plus enjoy classic car displays, live music, local eats, and adoptable pets. It’s a full day of community, creativity, and stylish finds you won’t want to miss.

Patagonia Salmon Run 5K in Ventura

When: November 16

Where: Ventura

What: The 29th Annual Patagonia Salmon Run 5K returns on Sunday, November 9, 2025, at 8:30 a.m. at a location to be announced in Ventura. Runners of all levels are invited to join this community race celebrating fitness and sustainability. 

California Young Artists Symphony Concert

When: November 16 

Where: Fred Kavli Theater | Thousand Oaks

What: The California Young Artists Symphony opens its fifth season with a powerful performance at the Kavli Theatre in Thousand Oaks on Sunday, November 16, 2025, at 4 PM. The program features Strauss’s dazzling “Don Juan” and Shostakovich’s profound Symphony No. 10, under the baton of Maestro Alexander Treger (formerly of the LA Phil and American Youth Symphony).

Top Spots for Thanksgiving Dinner Around Town | L.A. Eats

Thanksgiving is just around the corner, and if you’re still figuring out where to eat, now is the time to lock in your plans. Are you after an elegant dine-in experience or a take-home spread? The options are limitless in LA, and these standout restaurants are offering some of the best Thanksgiving dinner options locally. From truffle-laced vegan feasts to fire-smoked turkeys, this year’s lineup is packed with reservation-worthy options. Trust us: spots are filling fast, so make your move now.

Gwen – Hollywood Glamour with a Chef’s Touch

Location: 6600 Sunset Boulevard, Los Angeles, CA 90028

Curtis Stone’s Art Deco stunner will open its doors on Thanksgiving for a $145 set menu. Thanksgiving dinner at Gwen includes smoked carrot soup, slow-cooked turkey breast, glazed ham, and decadent sides like beef tallow Parker House rolls and charred red cabbage. Dessert? Classic pies done right. Reserve via OpenTable.

Pasjoli – Upscale Comfort To-Go

Location: 2732 Main St, Santa Monica, CA 90405

Chef Dave Beran’s French-inspired reheat-at-home Thanksgiving dinner ($125 per person) is perfect for staying in. The spread includes turkey breast, leg confit, black truffle gravy, pommes purée, and Basque cheesecake. Pick-up is on November 26. Order on the Pasjoli website.

Playa Provisions – Beachy & Festive

Location: 119 Culver Boulevard, Playa del Rey, CA 90293

Open on Thanksgiving Day, this coastal favorite serves a $90 prix fixe meal with citrus-herb turkey, sausage stuffing, and pumpkin pie. Kids under 6 eat free. Make reservations ASAP—they go fast.

A.O.C. – Seasonal Sides You’ll Want Seconds Of

Location: 8700 W 3rd St, Los Angeles, CA 90048

Suzanne Goin’s annual to-go Thanksgiving dinner menu includes a brined turkey, her signature sourdough stuffing, Brussels sprouts, sweet potatoes, and a chocolate pecan tart. Pre-order now for pick-up on November 25 or 26.

Augie’s On Main – Elevated Comfort for Two

Location: 2428 Main Street, Santa Monica, CA 90405

Choose from the “Dirty Turkey” dinner for two ($75) or the Prime Rib pack ($120) at Augie’s On Main. Both Thanksgiving dinner meals come with stacked sides like Szechuan Brussels sprouts and whipped potatoes. Pre-order for delivery or pickup on November 26.

Crossroads Kitchen – Plant-Based and Packed with Flavor

Location: 8284 Melrose Ave, Los Angeles, CA 90046

Serving a four-course vegan Thanksgiving feast with chestnut-wild mushroom roast, mashed potatoes, stuffing, and pumpkin pie. $75 per person. Wine pairings available. Reservations via OpenTable.

Superba Food + Bread – Build-Your-Own Feast

Location: 1900 Lincoln Boulevard, Venice, CA 90291

Order à la carte or build a custom holiday meal. Choose from turkey, heritage ham, mac & cheese, vegan stuffing, and more. Pick-up on Thanksgiving morning at Venice, Calabasas, or Pasadena locations.

The Sky Room at Fairmont Breakers – Classic Buffet with a View

Location: 210 East Ocean Boulevard, Long Beach, CA 90802

This elegant rooftop buffet includes carving and seafood stations, gourmet desserts, and unbeatable ocean views. Seatings at 12, 3, and 6 p.m. for $149 per adult and $45 for kids. Book through OpenTable.

Kismet Rotisserie – Casual, Flavorful, and Crowd-Pleasing

Location: 10000 Washington Boulevard, Culver City, CA 90232

For $150, the Thanksgiving party pack feeds four with a rotisserie chicken, sides like Caesar-ish salad and schmaltzy potatoes, and an apple-pecan crumble that seals the deal.

Majordomo – For the Adventurous Eater

Location: 1725 Naud Street, Los Angeles, CA 90012

From bo ssam feasts to roasted duck and honey pie, Majordomo’s choose-your-own-adventure takeout lineup is perfect for food lovers looking to ditch the traditional bird. Order now—items go fast.

Before the Feast…

Thanksgiving dinner in Los Angeles doesn’t have to be all stress and stuffing. Whether you’re after a fine-dining feast, plant-based perfection, or a reheat-ready tray of indulgent classics, these restaurants are ready to deliver. Just don’t wait—book your table or place your order before these spots are fully gobbled up.

Cozy Thanksgiving Getaways | Out & About

Thanksgiving is just two weeks away—have you made your plans yet? If the idea of cooking a massive feast or entertaining a house full of guests sounds more stressful than soulful, it might be time to trade tradition for relaxation. Luckily, Southern California offers a wealth of luxurious Thanksgiving getaways near Los Angeles, all within a few hours’ drive. Whether you’re craving a chef-led holiday meal, a spa sanctuary in the desert, or coastal charm with a side of Cabernet, these destinations are booking up fast. Now’s the moment to reserve your spot for a cozy, unforgettable holiday weekend.

Ojai: Serenity and Spa Escapes

Nestled in the Topatopa Mountains, Ojai is a picturesque escape known for its artsy charm and serene energy. Stay at Ojai Valley Inn, an award-winning resort with Spanish-style architecture, luxe spa treatments, and a Thanksgiving feast at The Farmhouse led by renowned chefs. Explore the charming village for boutique shopping and olive oil tastings, or simply unwind under the oaks with a glass of wine. Book early—holiday weekends fill quickly in this tucked-away haven.

Santa Barbara: Coastal Sophistication

The American Riviera is a timeless destination for a holiday getaway. Stay at The Ritz-Carlton Bacara or Belmond El Encanto, where ocean views, elevated amenities, and curated Thanksgiving menus make the weekend feel special without lifting a finger. Whether you stroll along Butterfly Beach, enjoy a wine tasting in the Funk Zone, or indulge in a spa day, Santa Barbara brings a sense of laid-back luxury perfect for the season.

Palm Springs: Midcentury Magic Meets Desert Calm

If poolside lounging and sunny skies sound like your ideal holiday, Palm Springs offers a glamorous Thanksgiving alternative. Book a stay at Korakia Pensione for Moroccan-inspired serenity or check into Parker Palm Springs for maximalist style and impeccable dining. Many resorts host holiday dinners with gourmet twists on classic favorites, while spas offer seasonal treatments to help you unwind. Make reservations early—Palm Springs is a holiday hotspot.

Laguna Beach: Artful Oceanfront Escape

For a coastal getaway closer to home, Laguna Beach offers the perfect blend of ocean air and artistic flair. Check into Montage Laguna Beach, where oceanfront rooms, gourmet dining, and holiday experiences create a memorable Thanksgiving weekend. Enjoy a scenic hike in Heisler Park or explore the galleries and boutiques that line Pacific Coast Highway. Be sure to reserve your Thanksgiving dinner at Studio or Harvest early—these tables don’t last long.

Paso Robles: Wine Country Warmth

Venture north to Paso Robles for a Thanksgiving steeped in rustic elegance and wine country charm. Cozy up at Allegretto Vineyard Resort or Hotel Cheval, both offering refined lodging and close proximity to some of California’s top vineyards. Local wineries often host Thanksgiving weekend tastings, and many nearby restaurants offer prix fixe holiday menus. Just be sure to book your accommodations and dinner reservations ahead of time—it’s one of the most popular weekends of the season. 

Whether you’re seeking relaxation or a new holiday tradition, these Thanksgiving getaways offer something for every luxury-minded traveler. With just two weeks to go, now’s the time to book that boutique hotel or reservation at the chef’s table. Your stress-free holiday weekend awaits.

Winter Season Smart Home Upgrades | Home Tips

While Southern California winters might not bring snow-covered rooftops or icy sidewalks, cooler nights and occasional storms still call for seasonal prep. As the sun sets earlier and temps dip just enough to warrant a cozy night in, it’s the perfect time to make a few smart home upgrades for winter. Whether you’re looking to boost comfort, save energy, or prevent weather-related mishaps, these tech-savvy improvements offer both peace of mind and style.

1. Install a Smart Thermostat

Swapping out your basic thermostat for a smart version is a no-brainer in SoCal homes, where temps can swing from balmy afternoons to brisk evenings in a matter of hours. Programmable smart thermostats like Nest or Ecobee learn your habits, adjust settings automatically, and help cut down on unnecessary heating. Many models also let you control the temperature remotely from your phone; perfect for warming up the house before you walk in from a chilly beachside evening.

2. Add Smart Lighting for Cozy Evenings

Shorter daylight hours don’t have to mean dark, dreary interiors. Smart lighting systems like Philips Hue or LIFX let you schedule warm-toned lighting to gradually brighten your home as dusk settles in. Motion sensors add an extra layer of convenience and security, especially for outdoor pathways or entryways. Create preset scenes for movie nights, holiday dinners, or relaxed Sunday mornings, all with the tap of a button.

3. Use Leak Detectors to Prevent Winter Water Damage

 

Even in dry climates, winter storms and sudden downpours can lead to unexpected leaks. Place smart water leak detectors near water heaters, under sinks, or in laundry rooms to catch problems early. Devices from brands like Flo by Moen or Honeywell can alert your phone the moment moisture is detected—potentially saving you thousands in repairs.

4. Upgrade to Energy-Efficient Window Treatments

Southern California homes are often flooded with sunlight, which is lovely most of the year, but in winter, older windows can let heat escape fast. Adding insulated or cellular shades can help keep warm air inside while still letting in that signature SoCal glow. For added convenience, consider motorized shades you can control via remote or app.

5. Integrate a Smart Home Hub

To bring it all together, a central smart home hub like Amazon Echo, Google Nest Hub, or Apple HomePod can streamline your winter-ready upgrades. From adjusting the thermostat and lights to monitoring security cams and leak detectors, a hub gives you centralized control—and more reasons to stay wrapped in that throw blanket.

 

Southern California may not demand the same winter prep as snowier locales, but smart home upgrades for winter can still make a big difference in comfort, safety, and energy savings. Whether you’re nestled in the hills of Hollywood or soaking up ocean breezes in Santa Monica, these upgrades help ensure your home is as cozy and connected as the season calls for.

Economic Update | Week Ending November 8, 2025

Weekly Economic Update; WEU
This week marked the 39th day of the government shutdown, the longest shutdown in U.S. history. Investors, who had shaken off the shutdown until this week, sold stocks in the worst stock market week since April, fearing that the shutdown would slow the economy. The University of Michigan consumer sentiment report showed that consumer confidence hit its lowest level since June 2022, when inflation peaked at 9.2%. The Bureau of Labor Statistics did not release its Jobs and unemployment report, which was due Friday, November 7 for the second consecutive month due to the shutdown. Limited economic data has investors confused about the state of the jobs market, inflation, retail sales, and other factors that they routinely watch to determine the state of the economy.

Stock Markets – Stock markets had their worst week since April. The Dow Jones Industrial Average closed the week at 46,987.10, down 1.2% from 47,562.87 last week. Year-to-date, it is up 5.5% from 44,544.66 on December 31, 2024. The S&P 500 closed the week at 6,728.80, down 1.6% from 6,840.20 last week. Year-to-date, the S&P is up 11.4% from 6,040.53 on December 31, 2024. The Nasdaq closed the week at 23,004.54, down 3% from 23,724.96 last week. Year-to-date, it is up 17.2% from 19,627.44 on December 31, 2024.

U.S. Treasury bond yields – The 10-year treasury bond closed the week yielding 4.11%, unchanged from 4.11% last week. The 30-year treasury bond yield ended the week at 4.70% up slightly from 4.67% last week. We watch bond yields because mortgage rates follow bond yields.

Mortgage rates – Every Thursday, Freddie Mac publishes interest rates based on a survey of mortgage lenders throughout the week. The Freddie Mac Primary Mortgage Survey reported that mortgage rates for the most popular loan products as of November 6, 2025, were as follows: The 30-year fixed mortgage rate was 6.22%, up from 6.17% last week. The 15-year fixed was 5.5%, up from 5.41% last week.

The graph below shows the trajectory of mortgage rates over the past year. 

Housing became more affordable in the third quarter of 2025 – The California Association of Realtors reported that 17% of California households could afford to purchase the $887,380 median-priced home in the third quarter of 2025, up from 15% in the second quarter of 2025, and up from 16% in the third quarter of 2024. A minimum annual income of $223,600 was needed to make monthly payments of $5,590, including principal, interest, taxes, and insurance on a 30-year fixed-rate mortgage at a 6.67 percent interest rate. Twenty-seven percent of home buyers were able to purchase the $649,990 median-priced condo or townhome. A minimum annual income of $163,600 was required to make a monthly payment of $4,090.

Have a Great Weekend!

Mortgage Rate Update | November 6, 2025

MRU

Mortgage rates – Every Thursday, Freddie Mac publishes interest rates based on a survey of mortgage lenders throughout the week. The Freddie Mac Primary Mortgage Survey reported that mortgage rates for the most popular loan products as of November 6 2025, were as follows:

The 30-year fixed mortgage rate was 6.22%, up from 6.17% last week. The 15-year fixed was 5.5%, up from 5.41% last week.

The graph below shows the trajectory of mortgage rates over the past year.

Freddie Mac was chartered by Congress in 1970 to keep money flowing to mortgage lenders in support of homeownership and rental housing. Their mandate is to provide liquidity, stability, and affordability to the U.S.

From Instacart AI Tools to Sandbar’s Stream Ring and More! | Tech News

Don’t miss a beat with this week’s leading tech news headlines. The internet is abuzz with major updates in the world of AI and startups. We are breaking down the latest from Instacart AI tools to Sandbar’s Stream Ring and more! Read on for our weekly round-up and stay connected.

Instacart Launches Enterprise AI Suite

Instacart unveiled a new enterprise offering called “AI Solutions” aimed at helping grocers. The Instacart tool seeks to help grocers of all sizes adopt generative and agentic AI to upgrade everything from product discovery to inventory management. Likewise, Instacart says the move is about giving smaller chains access to the same kinds of AI‑powered tools that bigger players have, leveling the digital grocery playing field. The Instacart announcement signals that even everyday sectors like food retail are accelerating their AI transformation. For marketers, the move by Instacart suggests we’ll see more hyper‑personalized shopping experiences, smarter in‑aisle suggestions, and tighter integration between digital and physical. 

US AI Startups Lead With Big Rounds

According to recent data, U.S. startups pulled in very large venture rounds in October — California alone saw ~$8.5 billion raised, and roughly 38 % of investments went to AI‑driven businesses. This surge underscores how the North American tech ecosystem remains the dominant venture zone for frontier AI, even as other regions ramp up. It also highlights that investor appetite is still strong in deep tech and enterprise AI, not just consumer apps or hype. For marketers like you, Samira, this means messaging around “AI ready,” “enterprise‑grade,” and “scaling with AI” will be more than jargon — it’s becoming expected. And for brand strategies, aligning with AI‑led narratives (ethics, capability, scale) will increasingly matter.

Grafana Labs Launches Mimir 3.0

Grafana Labs (known for its open‑source observability tools) launched “Mimir 3.0” at the latest KubeCon & CloudNativeCon North America event. Likewise, the update brings large‑scale monitoring, improved metrics backend, and enterprise‑grade performance for Prometheus‑compatible stacks. In plain terms: as companies run ever‑larger distributed systems, the tools to monitor and understand them are evolving fast — and turning open‑source platforms into serious enterprise alternatives. This matters because it shifts more operational power from cloud providers into software stacks that customers control and customize. For marketing teams, it means tech brands will lean more into “open,” “scalable,” “trusted” narratives. And for pop‑culture crossover, the notion of open infrastructure becoming mainstream tech mirrors how creative tools are democratizing. Of course, this means that tech storytelling and art storytelling align again.

Vehicle Tech Week North America Announced for 2026 in Michigan

A major automotive‑technology event organizer announced a new large‑scale show — Vehicle Tech Week North America, which is taking place in October 2026 in Novi, Michigan. The event brings together three big sub‑shows (testing, autonomy, interiors) under one roof, symbolizing how vehicle tech disciplines are merging. It demonstrates the auto industry’s recognition that mobility innovation is no longer just about engines — it’s about AI, user experience, smart interiors, and full system integration. For creative marketers, the implication is that “mobility” stories are becoming tech‑culture stories; interiors, UX, ambient computing, and voice assistants in cars all become narratives. If you’re working on any campaign touching travel, transport, or smart spaces, this show signals where the culture and tech stories will cross.

Sandbar Stream Ring for notes, chats, and a personal voice

Sandbar, a startup founded by former CTRL-Labs employees, introduced the Stream Ring, a wearable ring that records whispered voice notes, transcribes them into the companion app, and offers an “Inner Voice” AI chatbot trained on the user’s recorded voice. The ring promises one-tap capture for thoughts-to-text, on-device controls for media, and a charging puck. Sandbar says the mic is not always listening and that recordings are encrypted. The device is pitched as a personal extension for idea capture and lightweight interaction. Likewise, this blending of hardware gestures and haptics with a conversational, voice-based assistant. Preorders opened at $249–$299 with US shipping expected in summer 2026.

Giga Raises $61 M, Hearvana Raises $6 M for On‑Device Sound AI

Recent funding rounds spotlight two promising North American startups. The start-up: Giga raised  $61 million to build voice‑AI customer‑support agents. Hearvana, another start-up to watch, secured $6 million to develop on‑device AI for advanced hearing enhancement. The contrast illustrates two big themes: voice/agent automation moving into enterprise workflows. Additionally, it highlights on‑device intelligence (not just cloud). For marketers, this signals that audio interfaces and voice platforms are increasingly strategic. And for consumer brand stories, the line between “smart device” and “smart experience” keeps blurring. Of course, this shift creates opportunities to talk about inclusion, experience, and brand voice.