The average top tier 30yr fixed rate was unchanged on Friday despite the bond market being slightly weaker. Normally, weaker bonds mean higher rates, but the timing of intraday market movement matters. In today's case, bonds are still much stronger than the first half of yesterday, and only weaker when compared to closing levels. Because mortgage lenders prefer to set rates once per day (only adjusting after a certain threshold of market volatility), the average lender hadn't yet fully adjusted to yesterday afternoon's bond market gains. In plainer terms, mortgage lenders had a bit of a cushion today and it was perfectly soaked up by the modest losses in the bond market. By remaining unchanged, the average rate is officially in line with the lowest levels in just over a month. Apart from that, there are only a handful of days with lower rates going all the way back to late 2022. 

October 17, 2025 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.23% +0.00%   6.13% 7.26% 15 Yr. Fixed 5.81% +0.01%   5.6% 6.59% 30 Yr. Jumbo 6.20% +0.00%   6.14% 7.45% Compare Mortgage Rates from Local Lenders for Oct 17, 2025 Rates Hold Steady Just Above 3 Year Lows Fri, Oct 17, 2025 2:22PM The average top tier 30yr fixed rate was unchanged on Friday despite the bond market being slightly weaker. Normally, weaker bonds mean higher rates, but the timing of intraday market movement matters. In today's case, bonds are still much stronger than the first half of yesterday, and only weaker when compared to closing levels. Because mortgage lenders prefer to set rates once per day (only adjusting after a certain threshold of market volatility), the average lender hadn't yet fully adjusted to yesterday afternoon's bond market gains. In plainer terms, mortgage lenders had a bit of a cushi... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.23% 0.00 0.00 15 Yr. Fixed 5.81% +0.01 0.00 30 Yr. FHA 5.99% +0.01 0.00 30 Yr. Jumbo 6.20% 0.00 0.00 7/6 SOFR ARM 5.70% -0.01 0.00 30 Yr. VA 6.01% +0.02 0.00 Updates Daily - Last Update: 10/17 Freddie Mac Rate Change Points 30 Yr. Fixed 6.27% -0.03 0.00 15 Yr. Fixed 5.52% -0.01 0.00 Updates Weekly - Last Update: 10/16 Mortgage Bankers Assoc. 30 Yr. Fixed 6.42% -0.01 0.61 15 Yr. Fixed 5.77% 0.00 0.70 30 Yr. Jumbo 6.47% -0.13 0.53 Updates Weekly - Last Update: 10/15 UMBS 30YR 5.0 99.78 -0.10   95.05 99.98 UMBS 30YR 5.5 101.15 -0.03   97.47 101.28 10 YR Treasury 4.010 +0.041   3.932 4.780 Bonds Partially Unwinding Yesterday's Liquidity Panic Fri, Oct 17, 2025 11:53AM By process of elimination and ongoing forensic efforts, it's becoming more and more clear that yesterday's mystery rally in the short end of the yield curve was a product of liquidity/reserve stress in short-term funding markets. While the regional bank drama may have added fuel to the fire in a roundabout way, it was neither the match nor the flame. Episode... (read more) MBS Price Change UMBS 4.5 97.91 -0.11 UMBS 5.0 99.78 -0.10 UMBS 5.5 101.15 -0.03 GNMA 4.5 97.89 +0.04 GNMA 5.0 99.78 +0.00 GNMA 5.5 100.89 +0.10 Pricing as of: 10/18 3:23PM EST US Treasury Yield Change 2 YR Treasury 3.463 +0.040 5 YR Treasury 3.593 +0.048 7 YR Treasury 3.781 +0.042 10 YR Treasury 4.010 +0.041 30 YR Treasury 4.607 +0.024 Pricing as of: 10/18 3:23PM EST Other News TBA, Appraisal, Reverse Mortgage Tools; STRATMOR on AI and Competition; Can the CFPB be Willed Away? Fri, Oct 17, 2025 11:38AM Under the category of careers that are, or will be, impacted, by artificial intelligence, attorneys are inevitably on it. Here’s a tale of a lawyer caught using AI while explaining to the Court why he used AI. In other legal mortgage news, California mandated forbearances for mortgage borrowers affected by wildfires. Meanwhile, is disaster assistance based o... (read more) Latest Video A proxy for jobless claims data: Here's what to know Regional banks and credit concerns: Here's what to know U.S. 10-year Treasury slides below 4% October homebuilder sentiment +5 points to 37 vs. +1 point estimated Around the Web CNBC What student loan borrowers can and can't do, as the government shutdown stretches on Realtor.com New-Home Construction Is Barreling Toward a Standstill if Government Shutdown Continues CNBC Fed Governor Miran wants a half-point cut this month, while Waller backs another quarter-point move CNBC Treasury yields inch lower as U.S. government shutdown enters 17th day CNBC Regional banks and Jefferies shares tank as concerns grow on Wall Street about sour loans Realtor.com HUD Makes Deep Layoffs at Fair Housing Office During Government Shutdown Eye on Housing Better Growth, Larger Deficits: CBO Fiscal Outlook CNBC Tariff costs to companies this year to hit $1.2 trillion, with consumers taking most of the hit, S&P says Eye on Housing Builders Stay Cautious as Single-Family Permits Weaken CNBC Treasury yields tick lower as investors hunt for clues on Fed policy path CNBC Treasury yields inch lower as investors weigh trade developments CNBC Most U.S. consumers expect higher holiday prices and a weaker economy, survey finds CNBC Top European Central Bank board members see sticky inflation but clear rate path

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