Fri, Feb 20 2026, 3:18 PM
Bonds dictate mortgage rates and bonds experienced a bit of volatility this morning in response to the Supreme Court ruling on tariffs. The initial im...
Thu, Feb 19 2026, 3:33 PM
For the average lender, top-tier 30yr fixed mortgage rates were perfectly unchanged compared to yesterday. This keeps them right in line with the lowe...
Wed, Feb 18 2026, 3:11 PM
Mortgage rates at the average lender moved up by 0.01% today--the smallest increment measured by the MND daily rate index. This means that most borrow...
Tue, Feb 17 2026, 4:08 PM
It was an uneventful day for mortgage rates with the average lender holding right in line with last Friday's levels. In this case, that's a good thing...
Fri, Feb 13 2026, 2:07 PM
When the administration announced that Fannie and Freddie would be buying mortgage-backed securities in early January, rates fell sharply to the lowes...
Thu, Feb 12 2026, 2:35 PM
Just one day after an incredibly strong jobs report--something that would normally create problematic upward momentum for rates--the average lender is...
Wed, Feb 11 2026, 2:26 PM
Mortgage rates moved 0.03% higher today. On almost any other day, this would be a bit of a bummer, but in today's case, it's a victory. There was a t...
Tue, Feb 10 2026, 2:20 PM
Mortgage rates fell on Tuesday following a downbeat Retail Sales report. At 0.05%, it was the largest single-day drop since the uncommonly big 0.15% d...
Mon, Feb 9 2026, 3:15 PM
The past 2 weeks have seen very little volatility for mortgage rates. After being near 6% for a week in early January, rates rose abruptly to 6.21% (...
Fri, Feb 6 2026, 12:51 PM
In the bigger picture, the past two and a half weeks have been marked by a very narrow range in the bond market. Because bonds dictate mortgage rates,...
Thu, Feb 5 2026, 1:52 PM
Mortgage rates are driven by bonds and that bonds care about employment data. There are quite a few different economic reports that focus on various e...
Wed, Feb 4 2026, 2:58 PM
The average top tier 30yr fixed mortgage rate hit its highest levels in 2 weeks yesterday. The caveat was that the range has been very narrow during t...
Tue, Feb 3 2026, 3:23 PM
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,...
Mon, Feb 2 2026, 3:35 PM
Weakness in the bond market generally means higher mortgage rates. Today was no exception. A key economic report on the manufacturing sector was much ...
Fri, Jan 30 2026, 4:10 PM
While there was certainly plenty of volatility elsewhere in the financial market this week, there was almost none to be found in mortgage rates. Wed, ...
Thu, Jan 29 2026, 3:59 PM
Sometimes being tuned into daily mortgage rate changes means coming across other news about financial markets. In today's case, that could expose you ...
Wed, Jan 28 2026, 3:51 PM
On some occasions, a rate announcement from the Federal Reserve (even one that results in no change to the Fed Funds Rate) can cause a huge move in mo...
Tue, Jan 27 2026, 3:40 PM
Today was the 5th day in a row where mortgage rates moved at least a little bit lower. While rate movement is often the product of obvious underlying ...
Mon, Jan 26 2026, 3:20 PM
Mortgage rates trickled modestly lower again today for the 4th straight business day on Monday. The average top-tier 30yr fixed rate is the lowest it'...
Fri, Jan 23 2026, 2:49 PM
This week's only real mortgage rate movement was seen at the outset on Tuesday morning (Monday was closed for the holiday) in response to geopolitical...
Thu, Jan 22 2026, 3:40 PM
Mortgage rates may not be as low as they were before the weekend's geopolitical headlines, but they've moved just a hair lower on each of the past two...
Wed, Jan 21 2026, 3:09 PM
Markets held more sideways overnight as traders awaited further geopolitical developments today surrounding Greenland. Both stocks and bonds lost grou...
Tue, Jan 20 2026, 3:28 PM
Mortgage rates jumped sharply higher on Tuesday in response to weakness driven by geopolitical events and overseas financial markets. After hitting lo...
Fri, Jan 16 2026, 4:06 PM
Don't stress out. If we ignore the past 5 days, today's mortgage rates are still the lowest since early 2023. That said, they're up a bit from last w...
Thu, Jan 15 2026, 3:25 PM
Mortgage rates moved modestly lower for the average lender today, but higher for others. The distinction is whether the lender in question made a late...
Wed, Jan 14 2026, 3:27 PM
Trading levels in the bond market directly impact the rates that mortgage lenders can offer. This is why rates moved so much lower after last week's n...
Tue, Jan 13 2026, 3:25 PM
According to our chart of MND's mortgage rate index, 30yr fixed rates bottomed at 6.01% yesterday, but that's because the chart logs the day's latest ...
Mon, Jan 12 2026, 3:44 PM
Mortgage rates are either higher or lower today, depending on the lender in question. Some lenders raised rates on Friday afternoon in response to wea...
Fri, Jan 9 2026, 1:56 PM
On a week where the mortgage market was most likely to experience volatility due to Friday's jobs report, Thursday afternoon's surprise announcement o...
Thu, Jan 8 2026, 4:05 PM
Mortgage rates were just a hair higher for the average lender on Thursday. The underlying bond market lost some ground following a stronger weekly Job...
Wed, Jan 7 2026, 4:09 PM
Wednesday had the potential to cause bigger volatility for rates due to the confluence of several important economic reports. If that data had been lo...
Tue, Jan 6 2026, 3:53 PM
Mortgage rates have been effectively unchanged for 5 straight days now. During that time, the MND 30yr fixed rate index hasn't moved by more than 0.01...
Mon, Jan 5 2026, 3:52 PM
The two days of 2025 with the lowest rates were September 16th and October 28th. Both days happened to be the Tuesdays that preceded Fed rate cuts. On...
Fri, Jan 2 2026, 3:27 PM
Heading into the week, we knew there was a high bar for any legitimate mortgage rate fireworks. In addition to a dearth of scheduled events with the p...
Wed, Dec 31 2025, 1:10 PM
Although Freddie Mac's weekly mortgage rate survey (released today) suggested the lowest rates since October 2024, our daily numbers offer a bit more ...
Tue, Dec 30 2025, 3:11 PM
Mortgage rates continue operating in an excruciatingly narrow range near their lowest levels of the past few years. Yesterday was the 6th best day of ...
Mon, Dec 29 2025, 3:31 PM
With another holiday closure on deck and light calendar of events, the rate market is off to another uneventful start this week. In fact, the average ...
Fri, Dec 26 2025, 3:00 PM
Because mortgage rates are determined by the bond market, a boring market day typically translates to a boring mortgage rate day. But that's not entir...
Wed, Dec 24 2025, 1:01 PM
It was a short day for the bond market that underlies mortgage rates, but a good one. A side effect of holiday weeks and early market closures is a bi...
Tue, Dec 23 2025, 4:11 PM
Mortgage rates have broadly been in a narrow holding pattern for the past 4 months and an even narrower range during December. Today will do nothing t...
Mon, Dec 22 2025, 3:21 PM
Mortgage rates are tied to movement in the bond market and bonds were close enough to Friday's levels that mortgage rates were essentially unchanged t...
Fri, Dec 19 2025, 4:09 PM
It ended up being a fairly uneventful day for mortgage rates despite scattered speculation about the impact of foreign monetary policy decisions. The ...
Thu, Dec 18 2025, 3:44 PM
Officially, there were 2 days at the end of November where the average lender's 30yr fixed rates were just a hair lower (0.02% difference). Otherwise...
Wed, Dec 17 2025, 3:51 PM
Mortgage rates were perfectly unchanged compared to yesterday's levels for the average lender. This wasn't a huge surprise considering the absence of ...
Tue, Dec 16 2025, 2:08 PM
There was a decent chance that rates would have made a fairly big move today in response to the release of November's jobs report. This is the most im...
Mon, Dec 15 2025, 2:41 PM
Mortgage rates were just slightly lower to start the new week. This leaves the average lender's top tier 30yr fixed rate almost dead center in the nar...
Fri, Dec 12 2025, 4:18 PM
Friday saw mortgage rates move back up near the highest levels of the week, and thus the highest levels of the past 3 months. Thus ends another week w...
Thu, Dec 11 2025, 3:20 PM
As is sometimes the case on the day following a Fed day, the bond market carried a bit more momentum in the same direction as yesterday afternoon. For...
Wed, Dec 10 2025, 4:02 PM
The Fed cut its policy rate by 0.25% today and mortgage rates moved lower after the announcement. That said, those two developments are not related. ...
Tue, Dec 9 2025, 3:59 PM
Mortgage rates were surprisingly steady on Tuesday with most lenders roughly in line with Monday's levels. Why surprising? Because the bond market wa...
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