Company: RITM-PC
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001556593-25-000033
Chunk: 4

Company: Rithm Capital Corp.
Filing Date: 2025-10-31
Form: 10-Q
Item: Item 2
Chunk 4
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 the beginning of 2023. Home price growth picked up slightly with the 12-month increase in the median resale price of an existing home at 2.0% in August 2025, which compares to 1.4% in June 2025. The 30-year fixed mortgage rate declined somewhat to 6.39% at the end of the third quarter of 2025 from 6.77% at the end of the second quarter of 2025.

The economic conditions discussed above influence our investment strategy and results. 

The following table summarizes the change in U.S. gross domestic product (“GDP”) estimates (annualized rate) according to the U.S. Bureau of Economic Analysis:

Three Months EndedSeptember 30,2025June 30,2025March 31,2025December 31,2024September 30,2024Real GDPNot Available(A)3.8 %(0.5)%2.4 %3.1 %

(A)Real GDP data as of September 30, 2025 was not released as of the filing date due to the federal government shutdown.

The following table summarizes the annualized U.S. unemployment rate according to the U.S. Department of Labor: 

September 30,2025June 30,2025March 31,2025December 31,2024September 30,2024Unemployment rateNot Available(A)4.1 %4.2 %4.1 %4.1 %

(A)Unemployment rate data as of September 30, 2025 was not released as of the filing date due to the federal government shutdown.

The following table summarizes the annualized 10-year U.S. Treasury rate according to the Federal Reserve and the 30-year fixed mortgage rate according to Freddie Mac:

September 30,2025June 30,2025March 31,2025December 31,2024September 30,202410-year U.S. Treasury rate4.2 %4.2 %4.2 %4.6 %3.8 %30-year fixed mortgage rate6.4 %6.8 %6.7 %6.9 %6.1 %

We believe the estimates and assumptions underlying our consolidated financial statements are reasonable and supportable based on the information available as of September 30, 2025; however, uncertainty related to market volatility, the path of the federal funds rate