It depends what one's definition of "recent" is, but if it involves the past few weeks, mortgage rates were at their highest recent levels both yesterday and today.  2 other days in that window were worse, but only microscopically.  On a positive note, the entirety of the past few weeks has seen rates calmly holding a narrow range at the lowest average level since early October 2024.   If it's not already clear, today did nothing to change the prevailing trend, even though the underlying bond market suggested rates should move higher.  As we discussed yesterday, bonds can say one thing and mortgage rates can do something else depending on the time of day and the pace of market movement.  Today was just another example as the bond market movement that suggested higher rates happened too late in the day for most lenders to react.  The tacit implication is that rates will be slightly higher tomorrow if the bond market remains in the same territory between now and tomorrow morning. 

March 26, 2025 Download our Mobile App: Download our Mobile App: Mortgage Rate Watch Mortgage Rates Hold Steady Near Recent Highs It depends what one's definition of "recent" is, but if it involves the past few weeks, mortgage rates were at their highest recent levels both yesterday and today.  2 other days in that window were worse, but only microscopically.  On a p... (read more) MBS Commentary Yields Pushing Against 1 Month Highs The first 3 days of this week have all generally seen yields at the highest levels in a month (or perhaps in "at least 28 days" considering Feb's day count). While that doesn't sound like an overly pleasant turn of events for the bond/mortg... (read more) Rob Chrisman Correspondent Product; Pulte's FHFA Changes and Non-QM Investors; Capital Markets Anyone who thinks politics doesn’t impact residential lending isn’t, frankly, paying attention. Let’s start with something simple, like… interest rates. Rates, including mortgage rates, are influenced by economic activity, and we can all agree that t... (read more) Mortgage Rates 30 Yr. Fixed Rate 6.75% +0.04% Rate Change Points Mortgage News Daily 30 Yr. Fixed 6.75% +0.04 0.00 15 Yr. Fixed 6.14% +0.02 0.00 30 Yr. FHA 6.15% +0.04 0.00 30 Yr. Jumbo 6.88% +0.01 0.00 7/6 SOFR ARM 6.30% +0.05 0.00 30 Yr. VA 6.17% +0.05 0.00 Updates Daily - Last Update: 4/2 15 Yr. Fixed Rate 6.14% +0.02% Rate Change Points Freddie Mac 30 Yr. Fixed 6.65% -0.02 0.00 15 Yr. Fixed 5.89% +0.06 0.00 Updates Weekly - Last Update: 3/27 Rate Change Points Mortgage Bankers Assoc. 30 Yr. Fixed 6.93% -0.02 0.66 15 Yr. Fixed 6.31% -0.04 0.70 30 Yr. Jumbo 7.03% +0.07 0.53 Updates Weekly - Last Update: 2/19 MBS / Treasuries UMBS 30YR 5.5 100.29 +0.26 Price / Yield Change MBS UMBS 5.5 100.37 +0.34 UMBS 6.0 102.02 +0.39 GNMA 5.5 101.06 +0.20 GNMA 6.0 101.81 +0.17 Pricing as of: 4/3 4:06AM EST 10 Year US Treasury 4.0611 -0.0625 Price / Yield Change US Treasury 2 YR Treasury 3.782 -0.072 5 YR Treasury 3.798 -0.061 7 YR Treasury 3.907 -0.101 10 YR Treasury 4.050 -0.073 30 YR Treasury 4.452 -0.045 Pricing as of: 4/3 4:06AM EST Latest Video NY Fed: 9 million student loan borrowers face significant drops in credit s... President Trump to announce new auto tariffs: White House Negative GDP growth is more likely than not, says Former Fed Reserve Vice C... CNBC Global CFO Survey: 15% of businesses say they'll pass tariff costs on ... Around the Web Calculated Risk Blog Final Look at Local Housing Markets in February and a Look Ahead to March Sales CNBC Trump could sign new auto tariffs as soon as Wednesday, White House says CNBC Mortgage demand from homebuyers is strongest in nearly two months, but that's not saying a lot Eye on Housing Property Tax Revenue Outpaces Other Sources in 2024 CNBC Federal housing agency will not cut Fannie Mae and Freddie Mac loan limits, new director says Calculated Risk Blog Update: Lumber Prices Up 15% YoY CNBC Consumer confidence in where the economy is headed hits 12-year low CNBC U.S. Treasury yields tick higher as recession fears grow Wells Fargo Upside Surprise in Durables Looks More Rebound than Recovery CNBC FHFA will not cut Fannie Mae and Freddie Mac loan limits Calculated Risk Blog New Home Sales Increase to 676,000 Annual Rate in February CNBC U.S. Treasury yields edge higher as Trump's tariffs are expected to be more limited in scope FHFA FHFA House Price Index Up 0.2 Percent in January; Up 4.8 Percent from Last Year

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