Mortgage rates are based on bonds, and bonds spent last week bracing for the impact of higher energy prices. In the bond world, higher inflation begets higher rates, all else equal.  Oil prices remain elevated, but fell more than 5% on Monday. The bond market responded with a drop in Treasury yields (which generally correlate with mortgage rates). Both the 10yr Treasury yield and the average top-tier 30yr fixed mortgage rate fell 0.06% on the day. That means mortgages are now at the highest levels in only 3 months after being at 7-month highs on Friday afternoon.  [thirtyyearmortgagerates]

March 16, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.36% -0.05%   5.99% 7.08% 15 Yr. Fixed 5.95% -0.06%   5.55% 6.48% 30 Yr. Jumbo 6.58% -0.02%   6.1% 7.2% Compare Mortgage Rates from Local Lenders for Mar 16, 2026 Mortgage Rates Recover Modestly From 7-Month Highs Mon, Mar 16, 2026 2:51PM Mortgage rates are based on bonds, and bonds spent last week bracing for the impact of higher energy prices. In the bond world, higher inflation begets higher rates, all else equal.  Oil prices remain elevated, but fell more than 5% on Monday. The bond market responded with a drop in Treasury yields (which generally correlate with mortgage rates). Both the 10yr Treasury yield and the average top-tier 30yr fixed mortgage rate fell 0.06% on the day. That means mortgages are now at the highest levels in only 3 months after being at 7-month highs on Friday afternoon.  [thirtyyearmortg... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.36% -0.05 0.00 15 Yr. Fixed 5.95% -0.06 0.00 30 Yr. FHA 5.87% 0.00 0.00 30 Yr. Jumbo 6.58% -0.02 0.00 7/6 SOFR ARM 5.74% -0.04 0.00 30 Yr. VA 5.89% 0.00 0.00 Updates Daily - Last Update: 3/16 Freddie Mac Rate Change Points 30 Yr. Fixed 6.11% +0.11 0.00 15 Yr. Fixed 5.50% +0.07 0.00 Updates Weekly - Last Update: 3/12 Mortgage Bankers Assoc. 30 Yr. Fixed 6.19% +0.10 0.58 15 Yr. Fixed 5.54% +0.05 0.68 30 Yr. Jumbo 6.26% +0.10 0.30 Updates Weekly - Last Update: 3/11 UMBS 30YR 5.0 99.20 +0.31   95.71 100.50 UMBS 30YR 5.5 100.86 +0.21   98.11 101.64 10 YR Treasury 4.224 -0.054   3.932 4.590 Stronger Start as Markets Hope For De-Escalation Mon, Mar 16, 2026 10:38AM With no massive escalation in Iran over the weekend, oil prices trickled only modestly higher during Asian trading hours and began to recover during European hours. Early domestic trading kept the friendly trend intact with some help from Trump comments that suggested a limited timeline for the war. That said, the rally was more of a linear trend this mornin... (read more) MBS Price Change UMBS 4.5 97.14 +0.41 UMBS 5.0 99.20 +0.31 UMBS 5.5 100.85 +0.21 GNMA 4.5 97.30 +0.38 GNMA 5.0 99.64 +0.29 GNMA 5.5 100.78 +0.07 Pricing as of: 3/16 3:29PM EST US Treasury Yield Change 2 YR Treasury 3.679 -0.047 5 YR Treasury 3.805 -0.049 7 YR Treasury 4.001 -0.060 10 YR Treasury 4.223 -0.054 30 YR Treasury 4.861 -0.040 Pricing as of: 3/16 3:29PM EST Other News Processing, Bridge Loan, Non-QM Products; News and Oil Prices Point to a Fed Hold; "Tip to Tail" Wave Mon, Mar 16, 2026 11:30AM Products, Services, and Software for Brokers and Lenders “Great News! LendingPros has Pipeline Accelerator Specials for March, check them out. Plus, we're excited to celebrate joining the ARIVE platform and have combined our March and ARIVE specials for UP TO 100 BPS OFF NON-QM for loans locked from 3/10 – 3/20, 2026! Our Live on ARIVE Specials include: 25... (read more) Latest Video Home builder sentiment edges higher in March February industrial production rises 0.2%, slightly above estimates Cavco Industries CEO on housing affordability bill Consumer outlook edges lower in March, University of Michigan survey show Around the Web CNBC Treasury yields move lower as investors continue to monitor oil prices and look ahead to Fed interest rate decision NAHB Builder Sentiment Inches Higher but Affordability Concerns Persist Eye on Housing Small Gains for New Single-Family Home Size NY Fed Empire State Manufacturing Survey CNBC Mortgage rates surge to highest since September, hitting spring housing market Marketwatch Job openings jump to 3-month high, but businesses aren't actually hiring more people Investing Live The whole market moves based on fresh assessments of the length of the war University of Michigan Consumer sentiment down about 2%, lowest reading of the year CNBC European markets set to start the week higher but oil prices remain in focus BLS JOB OPENINGS AND LABOR TURNOVER – JANUARY 2026 BEA Personal income increased $113.8 billion (0.4% monthly rate) in January Eye on Housing Flat Conditions for Open Construction Jobs Census.gov New orders for manufactured durable goods in January

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