Last Thursday's stock market sell-off was a key factor in driving mortgage rates to the lowest levels in more than a month. More broadly, tech stock jitter have clearly correlated with multi-week trend toward lower rates that began in mid-October. As such, any time we see a pronounced bounce in stocks, we might be somewhat concerned about a similar bounce in rates. Stocks definitely bounced today with both the S&P and NASDAQ retracing more than half of the losses seen last Thursday. Mortgage rates dropped 0.05% on Thursday, but  are only 0.01% higher today. One potential consideration is that oil prices continued even lower and that drop corresponded with lower bond yields at times. The average top-tier 30yr fixed rate rose to 7.18%--the second lowest reading since September 14th.

November 9, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 7.18% +0.01%   5.99% 7.61% 15 Yr. Fixed 6.83% +0.00%   5.55% 7.23% 30 Yr. Jumbo 7.37% -0.01%   6.26% 7.71% Compare Mortgage Rates from Local Lenders for Nov 9, 2026 Mortgage Rates Mostly Steady Despite Stock Market Bounce Mon, Nov 9, 2026 3:52PM Last Thursday's stock market sell-off was a key factor in driving mortgage rates to the lowest levels in more than a month. More broadly, tech stock jitter have clearly correlated with multi-week trend toward lower rates that began in mid-October. As such, any time we see a pronounced bounce in stocks, we might be somewhat concerned about a similar bounce in rates. Stocks definitely bounced today with both the S&P and NASDAQ retracing more than half of the losses seen last Thursday. Mortgage rates dropped 0.05% on Thursday, but  are only 0.01% higher today. One potential consideratio... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 7.18% +0.01 0.00 15 Yr. Fixed 6.83% 0.00 0.00 30 Yr. FHA 6.82% 0.00 0.00 30 Yr. Jumbo 7.37% -0.01 0.00 7/6 SOFR ARM 6.49% -0.01 0.00 30 Yr. VA 6.83% -0.01 0.00 Updates Daily - Last Update: 11/9 Freddie Mac Rate Change Points 30 Yr. Fixed 7.18% -0.06 0.00 15 Yr. Fixed 6.57% -0.03 0.00 Updates Weekly - Last Update: 11/5 Mortgage Bankers Assoc. 30 Yr. Fixed 7.30% -0.07 0.75 15 Yr. Fixed 6.76% +0.06 0.98 30 Yr. Jumbo 7.20% -0.08 0.48 Updates Weekly - Last Update: 11/4 UMBS 30YR 6.0 100.06 -0.03   97.78 102.75 UMBS 30YR 6.5 101.71 -0.01   100.34 104.00 10 YR Treasury 4.862 -0.001   3.948 5.318 Slightly Weaker as Stocks Recover. CPI On Deck Mon, Nov 9, 2026 10:48AM In the bigger picture, today offers little by way of actionable new info for the bond market. Unsurprisingly, volatility is being dictated by a decently big bounce in equities. Stocks were sideways to slightly stronger overnight, but have jumped somewhat sharply at the 9:30am NYSE open. Roughly half of last Thursday's rout has now been erased. Bonds weren't ... (read more) Other News Ops Efficiency, Non-QM, AI Governance Tools; M&A Strategy; Election Results and Lending; FEMA Changes Mon, Nov 9, 2026 11:57AM All of you out there wishing there were fewer people on the roads or in line at the post office, take heart. Lenders with a long time horizon, not so much. Apparently, even paradise is having trouble keeping its population up: The Census Bureau released updated projections through 2100 for 25 countries and U.S. territories, revealing that population declines... (read more) Latest Video NY Fed: Inflation expectations unchanged at still-elevated levels U.S. economy added 165,000 jobs in October, way more than expected; unemplo... San Francisco Fed president on jobs report: This is good news for American ... October jobs report suggests economy is healthy, says former Minneapolis Fe... Around the Web CNBC Home listings pile up in October, but sellers won't slash prices Investing Live U.S. Treasury sells $58 billion of 3 year notes at a high yield of 4.627% Investing Live Fed's Goolsbee: Starting to see inflation kicking up in services NY Fed Inflation Expectations Stable; Labor Market Expectations Mixed Investing Live Fed's Barkin: Jobs report was 'healthy' but firms still see low-hire, low-fire economy Federal Reserve The Effect of Oil Prices on Core Inflation: Recent Evidence from the Advanced Economies Eye on Housing Remodeling Activity Holds Flat in Second Quarter Amid Housing Slowdown CNBC Treasury yields steady as investors await more economic data CNBC San Francisco Fed President Daly says higher rates 'are likely to be needed' in inflation fight Investing Live US September wholesale inventories +0.7% vs +0.6% expected Investing Live Microsoft is reportedly winding down it's Oracle deal to wind down AI cloud capacity CNBC The AI credit card is getting costlier as CoreWeave bond yield tops 16% Eye on Housing Hiring Rebounds in October, but Residential Construction Employment Declines

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