The bad news: mortgage rates moved up to their highest levels in 2 weeks today.  The good news: the rate range has been very narrow during that time, so there's not too much of a difference between 2-week highs (6.20%) and lows (6.15%).  Today's move wasn't a product of anything that happened today. Rather, the culprit was the focal point of our coverage yesterday. Specifically, an economic report on the manufacturing sector was exceptionally strong yesterday. The result was a weaker bond market and, thus, an implication for higher rates. But the report came out after most mortgage lenders had published rates for the day and the average lender didn't see quite enough weakness in bonds to justify a mid-day rate change yesterday. Instead, they simply waited until this morning to make the expected changes.

February 3, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.20% +0.00%   6.01% 7.13% 15 Yr. Fixed 5.76% +0.00%   5.55% 6.5% 30 Yr. Jumbo 6.36% +0.01%   6.1% 7.45% Compare Mortgage Rates from Local Lenders for Feb 3, 2026 Mortgage Rates Drift Up to 2-Week Highs Tue, Feb 3, 2026 3:23PM The bad news: mortgage rates moved up to their highest levels in 2 weeks today.  The good news: the rate range has been very narrow during that time, so there's not too much of a difference between 2-week highs (6.20%) and lows (6.15%).  Today's move wasn't a product of anything that happened today. Rather, the culprit was the focal point of our coverage yesterday. Specifically, an economic report on the manufacturing sector was exceptionally strong yesterday. The result was a weaker bond market and, thus, an implication for higher rates. But the report came out after most mortgag... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.20% 0.00 0.00 15 Yr. Fixed 5.76% 0.00 0.00 30 Yr. FHA 5.84% 0.00 0.00 30 Yr. Jumbo 6.36% +0.01 0.00 7/6 SOFR ARM 5.64% 0.00 0.00 30 Yr. VA 5.85% -0.01 0.00 Updates Daily - Last Update: 2/4 Freddie Mac Rate Change Points 30 Yr. Fixed 6.10% +0.01 0.00 15 Yr. Fixed 5.49% +0.05 0.00 Updates Weekly - Last Update: 1/29 Mortgage Bankers Assoc. 30 Yr. Fixed 6.24% +0.08 0.55 15 Yr. Fixed 5.64% +0.09 0.61 30 Yr. Jumbo 6.34% -0.05 0.40 Updates Weekly - Last Update: 1/28 UMBS 30YR 5.0 99.83 0.00   95.71 100.50 UMBS 30YR 5.5 101.34 0.00   98.11 101.64 10 YR Treasury 4.272 +0.009   3.932 4.608 Data-Free Day Thanks to Shutdown Tue, Feb 3, 2026 10:38AM While not as disruptive or publicized as the most recent example, there's a partial government shutdown underway. Even if the House passes the funding legislation today, the Bureau of Labor Statistics (BLS) has already said they will not be publishing either of this week's key reports (JOLTS, which would have been today, and Friday's jobs report). This is co... (read more) MBS Price Change UMBS 4.5 97.76 +0.03 UMBS 5.0 99.84 +0.01 UMBS 5.5 101.34 0.00 GNMA 4.5 97.44 -0.03 GNMA 5.0 99.88 -0.01 GNMA 5.5 101.13 +0.04 Pricing as of: 2/4 1:26PM EST US Treasury Yield Change 2 YR Treasury 3.561 -0.008 5 YR Treasury 3.826 -0.005 7 YR Treasury 4.041 -0.002 10 YR Treasury 4.268 +0.005 30 YR Treasury 4.906 +0.011 Pricing as of: 2/4 1:26PM EST Other News Customer Intelligence, HELOC, Uplist's Recapture, Construction Products; Rates Are Driven by Markets; IMB Hallway Report Tue, Feb 3, 2026 11:08AM Regarding rate movement, the bond market often does the Fed’s job for it, and so whatever the Fed’s Open Market Committee actually does is almost an afterthought. The partial U.S. Government shutdown is hurting economic activity, and companies like Newrez are posting and how the shutdown is impacting lending. The FHA Office of Single Family Housing released ... (read more) Latest Video Rocket Companies CEO: On track to produce the highest mortgage loan product... Trump picks Kevin Warsh for Federal Reserve chair to succeed Jerome Powell Chicago PMI jumps to 54 in January, beating estimates of 44 Producer prices up more than expected, though annual rate eases Around the Web Eye on Housing Homeownership Rate Inches Up to 65.7% CNBC House Republicans move toward reopening U.S. government CNBC Housing affordability isn't just hurting buyers: More homeowners are falling behind on their mortgages CNBC December CRE deal volume sinks further, but office is a surprising bright spot Eye on Housing U.S. Population Growth Slows in 2025 CNBC Friday's jobs report will be delayed because of the partial government shutdown CNBC Rare earth stocks jump after Trump launches $12 billion critical minerals stockpile PR Newswire Manufacturing PMI® at 52.6%; January 2026 ISM® Manufacturing PMI® Report CNBC Family offices brace for higher inflation with real estate and alternative investments BLS December PPI Higher Than Expected MNI Chicago PMI Jumped to 54.0 in January CNBC Treasury yields fall as investors weigh Fed leadership uncertainty FXStreet United States S&P Global Manufacturing PMI came in at 52.4, above forecasts (51.9) in January

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