Objective
Answer whether the current 10-year Treasury backdrop is exerting tightening,
neutral, or easing pressure on mortgage-rate conditions.
Inputs
The current public parser validates six weekly TNX criteria from the
`Weekly LPI` workbook.
T3S [Loxx] 1W - 10Trend criterion.
FTKC EMAC 1W - 7 - 8Momentum criterion.
EWMA 1W 14Trend criterion.
Normalized KAMA Oscillator 1W 17- 19 -10 -12Momentum criterion.
EWMA Oscillator 1W 7 - 18Momentum criterion.
Regularized Moving Average Suite 1W 8 - 18 - 3Trend criterion.
Signal Construction
The app reads the published `TNX Regime Score`, independently recomputes the
arithmetic mean of the available criteria, and warns if the two differ by
more than `0.01`.
Normalization
MRPI is published on a `-1.00` to `+1.00` scale. Negative values indicate
tightening pressure. Positive values indicate easing pressure.
Regimes
`-1.00 to -0.75` Strong Tightening, `-0.75 to -0.25` Tightening, `-0.25 to
+0.25` Neutral, `+0.25 to +0.75` Easing, `+0.75 to +1.00` Strong Easing.
Update Frequency
The public site reads bounded ranges from the `Weekly LPI` workbook and
refreshes the normalized output every five minutes by default.
Historical Series
Public history uses only rows with both a valid date and a valid score. Blank
future rows are excluded until a real score is published.
Interpretation
MRPI measures directional pressure or regime. It should not be described as a
predictor of mortgage rates with certainty.
Interpretation boundary
MRPI is an educational pressure framework. It does not predict a specific mortgage rate, recommend a rate lock, or provide individualized mortgage guidance.