Daily mortgage rate commentary and market analysis — the same stories your loan officer's Daily Rate News page carries.
Sat, Oct 17, 2026
Inflation ran at 3.7% in September — the highest reading this year since May. That sounds like terrible news for mortgage rates. Instead, bond yields fell for two straight days afterward. Here’s why …
Sat, Oct 17, 2026
Inflation climbed to 3.7% in September, and almost all of the jump came from the pump. But the bond market reacted anyway, and the average 30-year mortgage is stuck at 7.40% — a full 1.13 points high…
Tue, Oct 13, 2026
The 30-year average is the highest it has been in almost three years. The surprising part: it climbed while traders were giving up on the idea of another Fed rate hike this month. Here is what is rea…
Mon, Oct 12, 2026
The 30-year fixed average has risen seven weeks straight, driven by a bond market worried about oil and inflation. The bond market is closed today for Columbus Day, so nothing moves until Tuesday. Th…
Wed, Oct 7, 2026
Mortgage rates just hit their highest level since late 2023. Two things happening this afternoon — a large government bond sale and the release of the Federal Reserve's private meeting notes — will g…
Tue, Oct 6, 2026
Hiring nearly stalled in September — and mortgage rates went up anyway. The 30-year average is now 7.28%, almost a full point higher than a year ago. Here’s what changed in the bond market, what it c…
Thu, Sep 10, 2026
A government report out this morning showed prices climbing faster before goods ever reach a store shelf. Here is what that means for what you'd pay on a home loan today — and the three dates between…
Wed, Sep 2, 2026
The 10-year Treasury yield hit its highest level in nearly three years Wednesday morning, and traders now believe the Federal Reserve’s next move is more likely to be a rate hike than a cut. Here’s w…
Tue, Sep 1, 2026
For most of this year the argument was about when the Federal Reserve would cut. After Chair Kevin Warsh spoke in Jackson Hole on Friday, the market is arguing about whether the Fed will raise . Here…
Mon, Aug 31, 2026
Fed Chair Kevin Warsh spent Friday morning in Jackson Hole telling the world that inflation still isn’t behaving. Bond traders heard him. Over the weekend the odds of the Fed raising rates on Septemb…
Sun, Aug 30, 2026
A single speech in Wyoming reset what traders expect from the Fed this fall — and the 30-year fixed jumped to a three-week high before the weekend. Here’s what actually happened, and what it means if…
Sat, Aug 29, 2026
Kevin Warsh told an audience in Wyoming that inflation is still too high and that money isn't tight enough. Traders heard “we might raise rates,” and lenders repriced within hours. Here's what it mea…
Sat, Aug 29, 2026
Kevin Warsh told an audience in Wyoming that inflation is still too high and that money isn't tight enough. Traders heard “we might raise rates,” and lenders repriced within hours. Here's what it mea…
Fri, Aug 28, 2026
Kevin Warsh gave his first Jackson Hole speech this morning. He called 2% inflation “a firm, fixed target,” said he wants a “quieter Fed” that stops telegraphing its next move, and left the 30-year m…
Thu, Aug 27, 2026
Mortgage rates have edged down two weeks running. But the argument inside the Federal Reserve right now is whether its next move should be up , not down. Here's what that means for your payment. Figu…
Wed, Aug 26, 2026
The Fed's favorite inflation gauge held at 3.3% in July. Mortgage rates barely blinked. Below: what today's number actually changes for you, the one thing that's been pushing rates around more than t…
Tue, Aug 25, 2026
The average 30-year mortgage slipped again last week, to 6.65%. But the bond market has mostly stopped reacting to the economy and started watching one podium in Wyoming — where the new Fed chair giv…
Mon, Aug 24, 2026
The 30-year average slipped for a second straight week. But long-term government bond yields are sitting near the top of their range, and traders have started pricing in something almost nobody expec…
Sun, Aug 23, 2026
The 30-year fixed averaged 6.65% last week, its second small decline in a row. Under that calm surface, bond traders are quietly betting the Federal Reserve's next move might be up, not down — and th…
Sat, Aug 22, 2026
The 30-year average eased to 6.65%. But the Federal Reserve's own meeting notes show three officials voted to raise rates last month, the Treasury Department had to step in to calm the bond market, a…
