MRPI model note
Mortgage-Rate Pressure
Reading the 10-year Treasury backdrop through tightening and easing pressure.
MRPI uses a different language
MRPI is the Mortgage Rate Pressure Index. It is a weekly model anchored to the 10-year Treasury backdrop and is designed for housing and rate-pressure context.
Unlike MTPI, LTPI, and NSPI, MRPI is not interpreted as risk-on versus risk-off. Negative readings mean tightening pressure; positive readings mean easing pressure.
Tightening pressure
The published MRPI value is -0.79, placing the model in its tightening regime. This describes pressure in the rates backdrop; it is not a direction call on a crypto asset or an instruction to transact.
The Terminal displays the current 10-year Treasury and 30-year mortgage-rate series from FRED so the model state can be viewed beside public market context.
Publication standard
The current value is a manually published research snapshot without a claimed model-source timestamp. Exact transformations and weights are not disclosed in AQ Core v0.1, and FRED terminal data should not be assumed to be the model calculation feed.
Read the full methodology or open the rates and housing dashboard.