The bad news is that the average top-tier 30yr fixed rate remains over 6.5% after being under 6% just a month ago. The good news is that rates recovered nicely over the weekend.  By Friday afternoon, the average rate was 6.64%--the highest since August 2025--adding to a trend of rapid upward movement over the course of March. While there's no way to know if a bigger picture corner has been turned, it's a victory in the short term. Notably, the underlying bond market broke from its typical correlation with oil prices today. The latter has experienced severe volatility due to the Iran war, and bonds have been affected due to inflation implications. It's too soon to determine if that's happening for temporary reasons relating to the calendar more than underlying events and economic fundamentals.

March 30, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.55% -0.09%   5.99% 7.08% 15 Yr. Fixed 6.12% -0.03%   5.55% 6.48% 30 Yr. Jumbo 6.62% -0.03%   6.1% 7.2% Compare Mortgage Rates from Local Lenders for Mar 30, 2026 Mortgage Rates Drop Meaningfully Over The Weekend Mon, Mar 30, 2026 3:24PM The bad news is that the average top-tier 30yr fixed rate remains over 6.5% after being under 6% just a month ago. The good news is that rates recovered nicely over the weekend.  By Friday afternoon, the average rate was 6.64%--the highest since August 2025--adding to a trend of rapid upward movement over the course of March. While there's no way to know if a bigger picture corner has been turned, it's a victory in the short term. Notably, the underlying bond market broke from its typical correlation with oil prices today. The latter has experienced severe volatility due to the Iran war... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.55% -0.09 0.00 15 Yr. Fixed 6.12% -0.03 0.00 30 Yr. FHA 5.98% -0.12 0.00 30 Yr. Jumbo 6.62% -0.03 0.00 7/6 SOFR ARM 6.19% -0.12 0.00 30 Yr. VA 6.00% -0.12 0.00 Updates Daily - Last Update: 3/30 Freddie Mac Rate Change Points 30 Yr. Fixed 6.38% +0.16 0.00 15 Yr. Fixed 5.75% +0.21 0.00 Updates Weekly - Last Update: 3/26 Mortgage Bankers Assoc. 30 Yr. Fixed 6.43% +0.13 0.65 15 Yr. Fixed 5.83% +0.17 0.80 30 Yr. Jumbo 6.45% +0.06 0.56 Updates Weekly - Last Update: 3/25 UMBS 30YR 5.0 98.24 +0.38   95.71 100.50 UMBS 30YR 5.5 100.22 +0.35   98.11 101.64 10 YR Treasury 4.348 -0.086   3.932 4.590 Bonds Mostly Finding Their Own Buyers Mon, Mar 30, 2026 9:12AM There are three distinct reasons that could account for bonds paradoxically rallying overnight despite oil prices remaining high and an absence of meaningful de-escalation in the Iran war. The most notable development has been the correction in Fed Funds Futures that began on Friday morning and extended modestly into this morning. Less objectively ... (read more) MBS Price Change UMBS 4.5 96.07 +0.52 UMBS 5.0 98.21 +0.34 UMBS 5.5 100.21 +0.34 GNMA 4.5 96.23 +0.55 GNMA 5.0 98.73 +0.29 GNMA 5.5 100.34 +0.19 Pricing as of: 3/30 5:13PM EST US Treasury Yield Change 2 YR Treasury 3.835 -0.084 5 YR Treasury 3.989 -0.087 7 YR Treasury 4.173 -0.086 10 YR Treasury 4.352 -0.082 30 YR Treasury 4.910 -0.060 Pricing as of: 3/30 5:13PM EST Other News AI/LOS, Commercial Products; USDA, FHA, VA Changes; Interviews with Lennar's Escobar and Vesta's Yu Mon, Mar 30, 2026 11:21AM Do you remember when everyone was talking about the lack of housing inventory as a problem for buyers? Those days are long gone: There are now nearly 50 percent more home sellers than buyers as mismatch widens to a record 630,000. (Of course this is depending on price point and location.) And what they’re selling isn’t necessarily new: Per the American Commu... (read more) Latest Video Fed Gov. Stephen Miran: Traditionally the Fed looks through an oil price sh... Fed Gov. Stephen Miran: What's happening in private credit doesn't present ... Watch CNBC's full interview with Fed governor Stephen Miran Uncertainty on war in Iran calls for Fed to keep rates steady, Fed's Richar... Around the Web CNBC Powell sees inflation outlook in check, no wider crisis yet in private credit Investing Live Fed's Powell: Policy is in a good place to wait and see how current situation plays out CNBC Treasury yields move lower as investors look to jobs data CNBC Watch Fed Chair Jerome Powell speak live to an economics class at Harvard Investing Live Secretary of State Rubio said that the war with Iran will continue for another 4 weeks Investing Live Japan's fin min says watching market moves with a high sense of urgency CNBC Department of Labor proposes rules for including alternative assets in 401(k)s CNBC Pessimism sets in for Europe as Iran war hits economic and consumer confidence Eye on Housing NAHB HBGI: Micro Markets Lone Bright Spot for Single-Family Building in Fourth Quarter Investing Live Philadelphia Fed Pres. Paulson: Fed has made notable progress bringing inflation down Investing Live Fed's Barkin: Even before oil shock, progress on inflation was stalling University of Michigan Surveys of Consumers Final Results for March 2026 Investing Live UMich final March consumer sentiment 53.3 vs 54.0 expected

© 2026  Mortgage News Daily, LLC. | 19701 Bethel Church Rd. | Cornelius, NC 28031 Interest rates displayed are national averages and for informational purposes only. Actual rates from lenders may vary based on several factors including, but not limited to, credit worthiness, ability to replay, credit score, down payment, loan term, etc. This email was sent to: [recipientemail]. Go here to UNSUBSCRIBE from this email.