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Mortgage Rates

Mortgage rates can change from day-to-day. Savvy mortgage shoppers keep up on interest rates and trends as they prepare to buy a home and secure their mortgage.

Our daily mortgage rates help you track trends in the national daily mortgage rates for 30-year and 15-year fixed-rate mortgages as well as trends in the 10-year Treasury rate.

10-Year Treasury Rate

Treasury Yield Curve As of October 20, 2020

Mortgage News Feed

  • Builder Confidence Sets a New Record Once Again
    For only the second time in its 35-year history, the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) topped 80 this month. The first time was in September. The index, a measure of builder confidence in the market for newly built single-family homes increased two points to… Read more »
  • Second Homes, Widespread but Few in Number
    There were approximately 7.5 million second homes in the U.S. in 2018, the most recent year for which data is available. This is 5.5 percent of the nation's total housing stock. Na Zhao, writing in the National Association of Home Builders (NAHB's) Eye on Housing blog, says the largest share… Read more »
  • Forbearances Up Slightly After Last Week's Plunge
    Last week Black Knight reported that the beginning of October saw a decline in the number of active forbearance plans of 649,000 or 18 percent as many plans reached the end of their initial period. It was the largest single week decline since the crisis began. This week the number… Read more »
  • Pandemic Throwing Millions into Rent, Mortgage, and Student Loan Peril
    The pandemic is endangering the credit histories of at least 30 million Americans and possibly threatening the shelter status of many of them. The Mortgage Bankers Associations' (MBA's) Research Institute for Housing America (RIHA) said on Friday that over 6 million households missed making rent or mortgage payments in September… Read more »
  • Troubling Unemployment Numbers Eclipsed by a Strong Housing Market
    Although the housing market continues to show strength, Freddie Mac economists say there are increasingly troubling signs in the larger economy. The third quarter forecast from the company's Economic and Housing Research Group notes an apparent stall in economic activity in early July. Even as many businesses reopened, unemployment claims… Read more »
  • Mortgage Rates Hit Record Lows but Applications Fell Flat
    The volume of mortgage applications dipped slightly last week. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, was down 0.7 percent on a seasonally adjusted basis during the week ended October 9 and was 1 percent lower on an unadjusted basis. The Refinance… Read more »
  • Late-Stage Delinquencies Now Twice Great Recession Peak
    Mortgage delinquencies continued to rise in July according to CoreLogic's new loan performance report. The company found that 6.6 percent of all mortgages were at least 30 days past due (including those in foreclosure.) This represents a 2.8-percentage point increase in the overall delinquency rate compared to July 2019, when… Read more »
  • California Law Seeks to Restrain Wall Street's Potential Landlords
    California is taking steps to avoid a repeat of the conversion of thousands of single-family homes from ownership to rental properties as occurred during the Great Recession. In late September, the state's governor Gavin Newson signed a bill that will give tenants, affordable housing groups and local governments the first… Read more »
  • Pandemic and Recession are Changing the Way People Rent and Buy
    Robert Dietz says you can count him as among those who believe the geography of housing demand is being changed by the pandemic and the resulting recession. He also thinks some of the changes will endure beyond the dual crises. Dietz, chief economist of the National Association of Homebuilders (NAHB)… Read more »
  • Forbearance and Late Payments are Making Mortgages Harder to Get
    Mortgage credit tightened again in September, reaching a second successive six-year low. The Mortgage Bankers Association (MBA) said its Mortgage Credit Availability Index (MCAI) dropped another 1.9 percent to 118.6. A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of loosening… Read more »
  • Forbearances Experience Record Decline as Initial Plans Expire
    The number of forbearance plans plunged last week as those that went into effect in the early days of the pandemic hit the end of their initial six-month terms.  Black Knight said nearly one-fifth of the plans ended, as the number fell by 649,000 mortgages or 18 percent of the… Read more »
  • Consumers Remain Confident About Job Prospects
    Fannie Mae's Home Purchase Sentiment Index (HPSI) continued to rebound from its spring slide, rising for the second straight month. The HPSI, based on a subset of six questions from the company's monthly National Housing Survey, shows increased optimism about home selling conditions, home price growth and the labor market… Read more »
  • Refi Application Volume Recovers From Last Week's Loss
    The  Mortgage Bankers Association (MBA) said the volume of purchase mortgage applications declined for a second week but refinancing more than recovered from last week's 7 percent loss. MBA's Market Composite Index, a measure of mortgage loan application volume, increased 4.6 percent on a seasonally adjusted basis during the week… Read more »
  • Almost 400,000 Delinquent Homeowners Have Better Options
    The Urban Institute (UI) estimates that there are about 400,000 homeowners who have become "needlessly delinquent" as a result of the COVID-19 pandemic.  UI analysts Michael Neal and Linda Goodman credit the Coronavirus Aid, Relief, and Economic Security (CARES) Act with providing "a much-needed lifeline" during the crisis, but conclude… Read more »
  • July's Home Prices Increase by 5.5%, Breaking a Two-Year Record
    Entry-level priced homes, which continue to be in short supply, are, helping to drive strong price gains. CoreLogic says home prices nationwide, including distressed sales, increased year over year by 5.5 percent in July 2020 and were up 1.2 percent compared to the previous month. The annual increase was the… Read more »
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