Rate momentum shifted noticeably on Wednesday. The underlying bond market saw heavy buying in pre-market trading--likely a result of large-scale quarter-end rebalancing among the largest money managers (i.e. adjusting balance of stocks vs bonds in investment portfolios). Excess demand for bonds = lower rates, all else equal. It also hasn't hurt that oil prices continue declining as bond demand has frequently benefited from the lower implied inflation. The average top-tier 30yr fixed rate fell 0.10% to 6.55--just a hair above June 16th levels of 6.54%. Before that, you'd have to go back to May 14th to see anything lower.  [thirtyyearmortgagerates]

June 24, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.53% -0.02%   5.99% 6.85% 15 Yr. Fixed 6.12% -0.03%   5.55% 6.25% 30 Yr. Jumbo 6.77% -0.02%   6.1% 6.93% Compare Mortgage Rates from Local Lenders for Jun 24, 2026 Mortgage Rates Quickly Approaching 1-Month Lows Wed, Jun 24, 2026 2:52PM Rate momentum shifted noticeably on Wednesday. The underlying bond market saw heavy buying in pre-market trading--likely a result of large-scale quarter-end rebalancing among the largest money managers (i.e. adjusting balance of stocks vs bonds in investment portfolios). Excess demand for bonds = lower rates, all else equal. It also hasn't hurt that oil prices continue declining as bond demand has frequently benefited from the lower implied inflation. The average top-tier 30yr fixed rate fell 0.10% to 6.55--just a hair above June 16th levels of 6.54%. Before that, you'd have to go back to Ma... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.53% -0.02 0.00 15 Yr. Fixed 6.12% -0.03 0.00 30 Yr. FHA 6.10% -0.05 0.00 30 Yr. Jumbo 6.77% -0.02 0.00 7/6 SOFR ARM 6.23% +0.01 0.00 30 Yr. VA 6.12% -0.05 0.00 Updates Daily - Last Update: 6/25 Freddie Mac Rate Change Points 30 Yr. Fixed 6.49% +0.02 0.00 15 Yr. Fixed 5.84% +0.03 0.00 Updates Weekly - Last Update: 6/25 Mortgage Bankers Assoc. 30 Yr. Fixed 6.60% 0.00 0.63 15 Yr. Fixed 6.02% +0.03 0.65 30 Yr. Jumbo 6.62% -0.04 0.57 Updates Weekly - Last Update: 6/17 UMBS 30YR 5.0 98.66 +0.14   96.76 100.50 UMBS 30YR 5.5 100.58 +0.11   98.96 101.64 10 YR Treasury 4.383 -0.004   3.948 4.668 Quick Rally Toward Key Resistance Just Before The Open Wed, Jun 24, 2026 9:34AM Bonds spend most of the night trading sideways to slightly stronger. Oil prices fell sharply, making it tempting to conclude that's the reason that 10yr yields were almost 7bps lower at 9am. But more than half of the oil rally was over before Treasuries began rallying. There was an obvious and uncommonly large volume spike in Treasuries around 7:50am ET. Oil... (read more) MBS Price Change UMBS 4.5 96.44 +0.22 UMBS 5.0 98.68 +0.16 UMBS 5.5 100.59 +0.12 GNMA 4.5 96.49 +0.19 GNMA 5.0 98.96 +0.11 GNMA 5.5 100.64 +0.10 Pricing as of: 6/25 1:22PM EST US Treasury Yield Change 2 YR Treasury 4.100 -0.048 5 YR Treasury 4.143 -0.036 7 YR Treasury 4.244 -0.028 10 YR Treasury 4.377 -0.010 30 YR Treasury 4.849 +0.011 Pricing as of: 6/25 1:22PM EST Other News Retention, Credit, CU Lending, Disaster Analysis Tools; Housing Act to the President; Webcasts Wed, Jun 24, 2026 11:46AM “Why did the Dalai Lama go to Las Vegas? Because he loves Tibet.” It’s 107 F here in Las Vegas. Some would say, “It’s summer, what do you expect?” (No one expected 40 people to die in France trying to escape the heat.) Lenders and servicers are wondering, if push comes to shove about A/C in homes or supplying a local data center with electricity, who will wi... (read more) Latest Video New home sales decline in May Sen. Blunt Rochester on bipartisan housing bill: Over 40 provisions will at... How the U.S.-Iran deal could affect gas prices and interest rates Watch CNBC's full interview with White House National Economic Council Dire... Around the Web MBA Mortgage Applications Increase in Latest MBA Weekly Survey CNBC Treasury yields dip as oil falls to pre-war levels CNBC Factory job cuts reported around financial crisis and Covid levels for June, S&P says Realtor.com Senate Passes Major Bipartisan Housing Bill, Setting Stage for Final House Vote Investing Live US treasury so $69 billion of two-year notes at a high yield of 4.189% BLS Producer Price Index up 6.5 percent over year ending May 2026 CNBC Atlanta Fed pick emerges as key opportunity for Warsh to reshape the central bank CNBC Senate poised to advance housing bill to limit private equity purchases of single-family homes Reuters Fed's Goolsbee says labor market stable, inflation going the wrong way Federal Reserve FEDS Paper: Beyond Reserves: The Federal Reserve's BalanceSheet and the Repo Market ADP ADP National Employment Report Preliminary Estimate for June 6, 2026 CNBC Treasury yields fall despite rate hike concerns hitting tech stocks Investing Live US June S&P Global flash services PMI 51.3 vs 51.0

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