Mortgage rates were a bit hesitant to follow the bond market's advice yesterday. Specifically, bonds rallied (i.e. bond prices moved higher and yields/rates moved lower). This almost always coincides with mortgage rates falling by a proportional amount. But yesterday didn't see the typical level of correlation for many lenders. Today is a different story. The additional gains in the bond market (courtesy of Iran-related headlines and lower oil prices) offered enough reassurance for mortgage lenders to get a bit more aggressive in terms of keeping pace with the market.  The net effect is an average 30yr fixed rate that is now down to the lowest levels in just over 2 weeks. [thirtyyearmortgagerates]

August 4, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.75% -0.07%   5.99% 6.85% 15 Yr. Fixed 6.29% -0.03%   5.55% 6.34% 30 Yr. Jumbo 6.90% -0.02%   6.1% 6.92% Compare Mortgage Rates from Local Lenders for Aug 4, 2026 Mortgage Rates Lowest in Over 2 Weeks Tue, Aug 4, 2026 3:01PM Mortgage rates were a bit hesitant to follow the bond market's advice yesterday. Specifically, bonds rallied (i.e. bond prices moved higher and yields/rates moved lower). This almost always coincides with mortgage rates falling by a proportional amount. But yesterday didn't see the typical level of correlation for many lenders. Today is a different story. The additional gains in the bond market (courtesy of Iran-related headlines and lower oil prices) offered enough reassurance for mortgage lenders to get a bit more aggressive in terms of keeping pace with the market.  The net effect is... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.75% -0.07 0.00 15 Yr. Fixed 6.29% -0.03 0.00 30 Yr. FHA 6.29% -0.04 0.00 30 Yr. Jumbo 6.90% -0.02 0.00 7/6 SOFR ARM 6.31% -0.05 0.00 30 Yr. VA 6.31% -0.04 0.00 Updates Daily - Last Update: 8/4 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 99.63 +0.40   98.89 101.64 UMBS 30YR 6.0 101.58 +0.29   101.05 102.75 10 YR Treasury 4.613 -0.061   3.948 4.736 Hormuz Deal Hopes Turning Bonds Green at Open Tue, Aug 4, 2026 9:39AM This morning is offering another installment of hope for some form of progress in Iran. In today's case, it was Bessent floating the notion of possible Hormuz deal as early as this week. Markets will believe it when they see it, of course, but they're certainly willing to trade the hope. After moving modestly higher overnight, oil prices and bond yields are ... (read more) MBS Price Change UMBS 5.0 97.29 +0.44 UMBS 5.5 99.67 +0.44 UMBS 6.0 101.59 +0.30 GNMA 5.0 97.50 +0.37 GNMA 5.5 99.90 +0.32 GNMA 6.0 101.84 +0.13 Pricing as of: 8/4 5:41PM EST US Treasury Yield Change 2 YR Treasury 4.194 -0.048 5 YR Treasury 4.325 -0.066 7 YR Treasury 4.461 -0.067 10 YR Treasury 4.612 -0.062 30 YR Treasury 5.171 -0.057 Pricing as of: 8/4 5:41PM EST Other News Webcasts, Capital Deployment, DPA Tools; AI and Borrower Trust; Interview with Vesta's Mike Yu Tue, Aug 4, 2026 11:44AM After a general summer lull, and with talk of JPMorgan Chase’s $750 billion housing investment rifling through our biz, mortgage conference season shifts back into gear with next week’s Western Secondary with plenty of events in September and October, so book those rooms. The last time you stayed in a hotel, or maybe you’re reading this right now in one, wha... (read more) Latest Video Philadelphia Fed President Paulson: We need 'mildly restrictive' policy to ... Fed's Warsh considering holding fewer regularly-scheduled rate meetings: Re... ISM manufacturing PMI rises to 55.6 in July, beating expectations July Chicago PMI surpasses expectations, comes in at 57.6 Around the Web NAR Home Prices Increased in 80% of Metro Areas in Second Quarter of 2026 BLS Private-sector job gains 7.8 million, losses 7.2 million, during fourth quarter 2025 Investing Live JOLTs job openings 7.359M vs 7.400M estimate. Lower than last month. CNBC Bessent says there may be deal Tuesday or Wednesday to open Strait of Hormuz with 'freedom of movement' US Treasury Job openings little changed at 7.4 million in June CNBC Philadelphia Fed President Paulson content with rates at current level, but keeping an open mind BEA U.S. International Trade in Goods and Services, June 2026 US Treasury Treasury Announces Marketable Borrowing Estimates Eye on Housing Residential Construction Spending Slips as Remodeling Activity Weakens Eye on Housing Construction Job Openings Rising Investing Live Atlanta Fed GDPNow growth estimate rises to 6.2% from 5% previously Census.gov Monthly Full Report on Manufacturers’ Shipments, Inventories, & Orders CNBC CNBC Daily Open: A U.S. yen intervention dressed in euros

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