2+ day, 15+ hour ago   (503+ words) You may have seen other headlines today that reference 30yr fixed rates of 6.76%. Those stories would be citing Freddie Mac's weekly rate survey which is an average of the 5 business days (4 in this case, due to the holiday) ending yesterday (September…...

3+ day, 15+ hour ago   (616+ words) What do mortgage rates have to do with Treasuries? Quite a lot, actually. U.S. Treasuries are the bills and bonds issued by the government. In addition to financing government spending, they are also the lifeblood of the financial system. Due to…...

4+ day, 15+ hour ago   (416+ words) Top tier 30yr fixed mortgage rates started the week right where they were on Friday for the average lender. At 6.89%, we're just a hair below the highest mark since June 2025. In general, rates have been increasing steadily since the Iran war…...

1+ week, 4+ day ago   (210+ words) Fighting intensified today between the U.S. and Iran. Oil prices moved higher fairly quickly and bond yields followed. This has been a common pattern during the Iran war as higher oil prices imply higher inflation which, in turn, implies higher yields…...

1+ week, 5+ day ago   (220+ words) Bonds lost ground today, largely due to mechanical, month-end trading (i.e. not due to economic data, inflation, or news headlines). When bonds lose ground, rates rise, all else equal. Mortgage rates were already fairly close to longer-term highs last week. Today's…...

2+ week, 1+ day ago   (255+ words) Mortgage application activity softened last week, with both purchase and refinance demand moving lower as mortgage rates climbed to their highest level in three weeks. The Mortgage Bankers Association (MBA) reported a 1.0% decrease in total application volume on a seasonally…...

2+ week, 3+ day ago   (461+ words) Intraday volatility in the bond market can make it tricky to track day over day changes in mortgage rates. Lenders publish the day's first rates based on bond market prices around 9:30-10:00am ET, but things can change if bonds move enough....

2+ week, 4+ day ago   (207+ words) Fuel prices continue dictating most of the day-to-day momentum for interest rates and today was a notable example. Early this morning, news reports suggested progress in the peace process via Pakistani mediators. Oil prices dropped sharply in response and bond…...

2+ week, 5+ day ago   (226+ words) Mortgage rates are based on bonds, but whereas bonds improved slightly from Friday's levels, mortgage rates are microscopically higher for the average lender. The issue is timing. Mortgage lenders set rates last Friday during a time of day when bonds…...

3+ week, 1+ day ago   (258+ words) Mortgage application activity was little changed last week as higher mortgage rates continued to weigh on purchase demand. The Mortgage Bankers Association (MBA) reported a 0.4% decrease in total application volume on a seasonally adjusted basis for the week ending August…...