Mortgage rates ended last week at the lowest level since May 14th. Most of the recent drop happened last Wednesday, but each day since then has added a microscopic improvement. Today was no exception with the 30yr fixed rate index falling a mere 0.01%--the lowest increment we measure. The calendar of economic events was completely empty and consequential news headlines were just as scarce. This will change over the next 3 days on at least one front. Big-ticket econ data comes out on each of the next 3 mornings. Thursday's jobs report is typically the most important scheduled monthly data, but each day carries at least some risk for volatility. Why only 3 more days this week? Because Friday is closed for the Independence Day observance. And when the bond market is closed, mortgage lenders don't generate new rate sheets (and typically aren't open to accept new locks).

June 29, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.52% -0.01%   5.99% 6.85% 15 Yr. Fixed 6.12% +0.00%   5.55% 6.25% 30 Yr. Jumbo 6.75% -0.01%   6.1% 6.93% Compare Mortgage Rates from Local Lenders for Jun 29, 2026 Mortgage Rates Inch to Another 6-Week Low Mon, Jun 29, 2026 3:07PM Mortgage rates ended last week at the lowest level since May 14th. Most of the recent drop happened last Wednesday, but each day since then has added a microscopic improvement. Today was no exception with the 30yr fixed rate index falling a mere 0.01%--the lowest increment we measure. The calendar of economic events was completely empty and consequential news headlines were just as scarce. This will change over the next 3 days on at least one front. Big-ticket econ data comes out on each of the next 3 mornings. Thursday's jobs report is typically the most important scheduled monthly data, but... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.52% -0.01 0.00 15 Yr. Fixed 6.12% 0.00 0.00 30 Yr. FHA 6.07% 0.00 0.00 30 Yr. Jumbo 6.75% -0.01 0.00 7/6 SOFR ARM 6.22% -0.01 0.00 30 Yr. VA 6.09% 0.00 0.00 Updates Daily - Last Update: 6/29 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 6.59% -0.01 0.63 15 Yr. Fixed 6.02% 0.00 0.69 30 Yr. Jumbo 6.52% -0.10 0.58 Updates Weekly - Last Update: 6/24 UMBS 30YR 5.0 98.63 -0.04   96.76 100.50 UMBS 30YR 5.5 100.60 -0.03   98.96 101.64 10 YR Treasury 4.380 +0.013   3.948 4.668 3.5-Day Week Starting Out Slow and Flat Mon, Jun 29, 2026 10:24AM At the risk of jinxing it, Monday is pretty much already in the back as an uneventful start to a holiday-shortened week (early close on Thursday and fully closed on Friday). Bonds were very flat overnight and are near unchanged levels in the first few hours. Unchanged is good in this case as it means we're holding in a friendlier trading range under the 4.42... (read more) MBS Price Change UMBS 4.5 96.26 -0.11 UMBS 5.0 98.61 -0.07 UMBS 5.5 100.60 -0.03 GNMA 4.5 96.51 -0.09 GNMA 5.0 98.87 -0.11 GNMA 5.5 100.67 -0.02 Pricing as of: 6/29 3:45PM EST US Treasury Yield Change 2 YR Treasury 4.112 +0.023 5 YR Treasury 4.146 +0.018 7 YR Treasury 4.252 +0.018 10 YR Treasury 4.379 +0.012 30 YR Treasury 4.863 -0.002 Pricing as of: 6/29 3:45PM EST Other News Verification, AI Processing, Digital Closing Tools; Ways to Think About AI; Conventional Conforming News Mon, Jun 29, 2026 11:29AM Lenders often ask about improving their execution, and STRATMOR’s current blog is “Pricing That Can Help Borrowers.” MLOs occasionally ask about an online tool that can help potential borrowers understand the process. Here’s something for your new clients, especially those who are first-time home buyers: a short quiz to get them started on what to think abou... (read more) Latest Video Allianz's Mohamed El-Erian: 'I would be surprised if we get a rate hike thi... New home sales decline in May Marcus & Millichap CEO: Housing bill won't have a significant impact on hou... Sen. Blunt Rochester on bipartisan housing bill: Over 40 provisions will at... Around the Web BLS Unemployment rates were lower in 6 states over the year ended May 2026 CNBC Oil prices near pre-war levels but persistent supply risks could spark a rebound, analysts warn CNBC Treasury yields little changed as investors look ahead to key jobs data Realtor.com The Rules That Once Helped Americans Buy Homes Now Risk Leaving Them in the Red Investing Live Fed's Goolsbee: Inflation is going the wrong way CNBC Minneapolis Fed President Neel Kashkari says he expects a rate hike this year Eye on Housing PCE Inflation Hits 3-Years High in May Dallas Fed Texas factory output growth slows further CNBC Treasury yields edge lower as traders monitor inflation trajectory, Middle East latest BLS Addressing missing consumer expenditure data due to the 2025 lapse in appropriations Eye on Housing Property Tax Revenue Leads State and Local Tax Growth in Q1 2026 Investing Live UMich final June consumer sentiment 49.5 vs 50.0 expected Investing Live US May wholesale inventories +0.3% vs +0.3% expected

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