The bond market and mortgage rates have been on the move lower recently after hitting longer term highs at the end of July. Today offered a break from the recent movement with bonds and rates holding perfectly flat day-over-day. The upside is that this means it's yet another day spent at the lowest levels in more than 2 weeks.  The average top-tier 30yr fixed rate remained at 6.75%.  Flat oil prices helped facilitate the flat bond market performance.  Risks and opportunities remain in the coming days. If a Hormuz transit agreement is confirmed, rates could certainly fall.  If fighting breaks out again, rates could move higher. Friday's jobs report represents similar "either/or" risks depending on the outcome of the data. 

August 5, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.75% +0.00%   5.99% 6.85% 15 Yr. Fixed 6.29% +0.00%   5.55% 6.34% 30 Yr. Jumbo 6.89% -0.01%   6.1% 6.92% Compare Mortgage Rates from Local Lenders for Aug 5, 2026 Mortgage Rates Steady at 2 Week Lows Wed, Aug 5, 2026 3:11PM The bond market and mortgage rates have been on the move lower recently after hitting longer term highs at the end of July. Today offered a break from the recent movement with bonds and rates holding perfectly flat day-over-day. The upside is that this means it's yet another day spent at the lowest levels in more than 2 weeks.  The average top-tier 30yr fixed rate remained at 6.75%.  Flat oil prices helped facilitate the flat bond market performance.  Risks and opportunities remain in the coming days. If a Hormuz transit agreement is confirmed, rates could certainly fall. ... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.75% 0.00 0.00 15 Yr. Fixed 6.29% 0.00 0.00 30 Yr. FHA 6.31% +0.02 0.00 30 Yr. Jumbo 6.89% -0.01 0.00 7/6 SOFR ARM 6.30% -0.01 0.00 30 Yr. VA 6.32% +0.01 0.00 Updates Daily - Last Update: 8/5 Freddie Mac Rate Change Points 30 Yr. Fixed 6.66% +0.08 0.00 15 Yr. Fixed 6.04% +0.08 0.00 Updates Weekly - Last Update: 7/30 Mortgage Bankers Assoc. 30 Yr. Fixed 6.76% +0.07 0.69 15 Yr. Fixed 6.15% +0.11 0.84 30 Yr. Jumbo 6.70% +0.26 0.52 Updates Weekly - Last Update: 7/29 UMBS 30YR 5.5 99.56 -0.04   98.89 101.64 UMBS 30YR 6.0 101.57 -0.02   101.05 102.75 10 YR Treasury 4.620 +0.006   3.948 4.736 Minimal Overnight Volatility. Waiting on Data and War News Wed, Aug 5, 2026 8:55AM With the potential for a Hormuz deal floated earlier in the week, a more substantive announcement remains the biggest opportunity for the bond market until Friday's jobs report (and even then, could supersede the jobs report depending on the details). Conversely, another diplomatic breakdown or another re-escalation would be the biggest risk. There were no n... (read more) MBS Price Change UMBS 5.0 97.25 -0.04 UMBS 5.5 99.56 -0.04 UMBS 6.0 101.57 -0.02 GNMA 5.0 97.55 0.00 GNMA 5.5 99.82 -0.05 GNMA 6.0 101.83 -0.01 Pricing as of: 8/5 4:18PM EST US Treasury Yield Change 2 YR Treasury 4.181 -0.017 5 YR Treasury 4.328 +0.001 7 YR Treasury 4.466 +0.003 10 YR Treasury 4.620 +0.006 30 YR Treasury 5.176 +0.003 Pricing as of: 8/5 4:18PM EST Other News Latest Video Philadelphia Fed President Paulson: We need 'mildly restrictive' policy to ... ISM non-manufacturing PMI comes in at 54.1 in July, missing expectations S&P Global U.S. Services PMI comes in at 54.6 in July Private companies added just 44,000 workers in July, below expectations, AD... Around the Web CNBC Fed's Kashkari says 'now is the time to start slowly moving' rates up Federal Reserve Bank of Dallas Federal Reserve Banks of Dallas and New York to launch pilot survey of the private credit market Eye on Housing U.S. Economy Expanded at a Slower Pace in the Second Quarter of 2026 CNBC Mortgage rates hit their highest level in over a year, causing demand to drop below year-ago levels Realtor.com Fannie and Freddie’s New Condo Mortgage Rules Could Mean More Delays and Denials, Experts Say CNBC Private companies added just 44,000 workers in July, below expectations, ADP reports CNBC Affordability is a 'defining challenge' for Americans, with food costs leading the way, report finds NAR Home Prices Increased in 80% of Metro Areas in Second Quarter of 2026 S&P Global Business optimism strengthens to eight-month high as activity and sales rise solidly PR Newswire Services PMI® at 54.1%; July 2026 ISM® Services PMI® Report BLS Private-sector job gains 7.8 million, losses 7.2 million, during fourth quarter 2025 CNBC U.S. Treasury yields fall as traders monitor possible Iran war deal CNBC As Warsh and the Fed contemplate fewer meetings, markets brace for potential volatility ahead

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