Mortgage application activity surged last week in response to headlines of mortgage rates stably holding multi-year lows. The Mortgage Bankers Association (MBA) reported an increase of 11.0% on a seasonally adjusted basis for the week ending February 27. Refi applications once again led the charge, jumping 14.3% from the previous week and 109% higher vs the same week one year ago. Conventional refi apps rose 20% for the week, marking the fourth consecutive weekly increase and the strongest pace since 2022. Purchase demand also strengthened. The seasonally adjusted Purchase Index increased 6.1% from one week earlier and was 10% higher than the same week one year ago. Lower rates and a gradual improvement in housing inventory continue to support buyer activity as the spring market approaches. The composition of activity shifted further toward refinances. The refinance share of total applications increased to 59.8% from 58.6% the prior week, while ARM share rose to 8.8% . FHA share decreased to 15.8% , VA share declined to 17.1% , and USDA share remained unchanged at 0.4% . Notably, the present week has seen a significant shift in rates with the average lender jumping back to early February levels.  [thirtyyearmortgagerates]

March 6, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.14% +0.01%   5.99% 7.08% 15 Yr. Fixed 5.74% -0.01%   5.55% 6.48% 30 Yr. Jumbo 6.44% +0.02%   6.1% 7.2% Compare Mortgage Rates from Local Lenders for Mar 6, 2026 Volatile Crosscurrents Keep Mortgage Rates Relatively Flat Fri, Mar 6, 2026 3:24PM Before this morning's jobs report was released, mortgage rates were on track to end the week at their highest levels in several weeks. This was due to an ongoing mega-spike in oil prices spilling over to the bond market (higher oil = higher inflation implications, and bonds hate inflation). The jobs report saved the day, albeit in a morbid way. It was one of the weakest jobs reports in years with unemployment continuing to trend higher and the job count falling deeply into negative territory. The jobs market is the only thing as important to bonds as inflation, and job market weakness tends t... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.14% +0.01 0.00 15 Yr. Fixed 5.74% -0.01 0.00 30 Yr. FHA 5.72% 0.00 0.00 30 Yr. Jumbo 6.44% +0.02 0.00 7/6 SOFR ARM 5.45% +0.03 0.00 30 Yr. VA 5.74% 0.00 0.00 Updates Daily - Last Update: 3/6 Freddie Mac Rate Change Points 30 Yr. Fixed 6.00% +0.02 0.00 15 Yr. Fixed 5.43% -0.01 0.00 Updates Weekly - Last Update: 3/5 Mortgage Bankers Assoc. 30 Yr. Fixed 6.17% -0.04 0.56 15 Yr. Fixed 5.50% -0.15 0.73 30 Yr. Jumbo 6.21% -0.09 0.27 Updates Weekly - Last Update: 2/18 UMBS 30YR 5.0 99.81 0.00   95.71 100.50 UMBS 30YR 5.5 101.25 -0.02   98.11 101.64 10 YR Treasury 4.125 -0.011   3.932 4.590 Massive Miss in NFP. So Why Aren't Bonds Improving? Fri, Mar 6, 2026 9:29AM It's shaping up to be a frustrating day market watchers. Decades of experience tells us that bonds should rally fairly sharply on a day where nonfarm payrolls miss the forecast by the widest margin in more than a year.  At -92k vs +59k, today fits that bill.  And like you'd expect, bonds rallied sharply right at 8:30am ET. But the rally was short-l... (read more) MBS Price Change UMBS 4.5 97.87 +0.03 UMBS 5.0 99.81 0.00 UMBS 5.5 101.25 -0.02 GNMA 4.5 98.03 +0.12 GNMA 5.0 100.11 +0.08 GNMA 5.5 101.03 -0.04 Pricing as of: 3/6 3:58PM EST US Treasury Yield Change 2 YR Treasury 3.547 -0.037 5 YR Treasury 3.707 -0.021 7 YR Treasury 3.906 -0.018 10 YR Treasury 4.125 -0.011 30 YR Treasury 4.751 -0.004 Pricing as of: 3/6 3:58PM EST Other News Highest Refi Demand in 4 Years After Last Week's Rate Rally Fri, Mar 6, 2026 3:00PM Mortgage application activity surged last week in response to headlines of mortgage rates stably holding multi-year lows. The Mortgage Bankers Association (MBA) reported an increase of 11.0% on a seasonally adjusted basis for the week ending February 27. Refi applications once again led the charge, jumping 14.3% from the previous week and 109% higher ... (read more) Verification Tool; Company and Training Webinars at Home; Capital Markets; Oil-Driven Inflation? Fri, Mar 6, 2026 10:53AM Officially winter ends on 3/19, as the Spring Equinox is 3/20. Most modern clocks these days auto-update when daylight savings begins/ends. So, Sunday morning I’ll be walking around my house thinking, “Wow... times have changed.” This Sunday many places will be changing their clocks and springing ahead. This will, once again, lead to the public asking politi... (read more) Latest Video U.S. payrolls unexpectedly fell by 92,000 in February; unemployment rate ri... Fed Governor Stephen Miran: Labor demand isn't strong enough because moneta... U.S. labor market actively contracting in consumer-facing sectors, says Rev... December business inventories rise 0.1%, in line with estimates Around the Web CNBC U.S. payrolls unexpectedly fell by 92,000 in February; unemployment rate rises to 4.4% CNBC San Francisco Fed's Daly says jobs report complicates interest rate call Eye on Housing U.S. Economy Loses 92,000 Jobs in February Reuters Fed's Collins sees rate policy holding steady for some time CNBC The February jobs numbers are coming out Friday. Here's what to expect Investing Live Fed's Hammack: Dollar dominance remains intact as Fed stays patient Investing Live Atlanta Fed GDPNow Q1 estimate 2.1% versus 3.2% previously CNBC Home sellers are relisting properties at fastest pace in a decade, but spring supply is still low CNBC Treasury yields move higher as investors await key jobs data Breaking The News US retail sales down by 0.2% in January NASDAQ U.S. Labor Productivity Growth Slows Much Less Than Expected In Q4 Eye on Housing Builders Identify Key Long-Term Forces Shaping Housing Demand and Industry Health Breaking The News US business inventories up by 0.1% in December

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