As of last Friday, average top-tier mortgage rates hit their lowest levels since July 20th. If they'd managed to drop even 0.01% today, it would have been a new 3-week low.  As it stands, rates moved modestly higher in response to higher oil prices. Throughout the Iran war, oil and rates have had a broadly strong correlation because oil informs inflation expectations and inflation is a key input for the rate market. Even after today's rise, rates remain much closer to the lower end of the range over the past 3 weeks. Logically, any positive developments in the war or diplomacy should result in lower rates. Beyond that, there's separate volatility potential related to inflation reports that come out later this week, but as always, that could be for better or worse depending on the outcome of the reports. 

August 10, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.76% +0.02%   5.99% 6.85% 15 Yr. Fixed 6.27% +0.02%   5.55% 6.34% 30 Yr. Jumbo 6.86% +0.01%   6.1% 6.92% Compare Mortgage Rates from Local Lenders for Aug 10, 2026 Mortgage Rates Rise Modestly From 3 Week Lows Mon, Aug 10, 2026 3:32PM As of last Friday, average top-tier mortgage rates hit their lowest levels since July 20th. If they'd managed to drop even 0.01% today, it would have been a new 3-week low.  As it stands, rates moved modestly higher in response to higher oil prices. Throughout the Iran war, oil and rates have had a broadly strong correlation because oil informs inflation expectations and inflation is a key input for the rate market. Even after today's rise, rates remain much closer to the lower end of the range over the past 3 weeks. Logically, any positive developments in the war or diplomacy should re... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.76% +0.02 0.00 15 Yr. Fixed 6.27% +0.02 0.00 30 Yr. FHA 6.29% +0.01 0.00 30 Yr. Jumbo 6.86% +0.01 0.00 7/6 SOFR ARM 6.35% +0.06 0.00 30 Yr. VA 6.31% +0.01 0.00 Updates Daily - Last Update: 8/10 Freddie Mac Rate Change Points 30 Yr. Fixed 6.69% +0.03 0.00 15 Yr. Fixed 6.01% -0.03 0.00 Updates Weekly - Last Update: 8/6 Mortgage Bankers Assoc. 30 Yr. Fixed 6.81% +0.05 0.65 15 Yr. Fixed 6.13% -0.02 0.73 30 Yr. Jumbo 6.72% +0.02 0.52 Updates Weekly - Last Update: 8/5 UMBS 30YR 5.5 99.19 -0.36   98.89 101.64 UMBS 30YR 6.0 101.31 -0.24   101.05 102.75 10 YR Treasury 4.709 +0.062   3.948 4.736 Another Week, Another Oil Price Pivot Mon, Aug 10, 2026 10:32AM Recent experience suggests the safest assumption about oil prices and bond yields is that they will pop and drop with reasonable regularity. In other words, lower prices/yields for a few days following friendly war-related headlines tend to give way to unfriendly headlines and a market reversal. Wash, rinse, repeat. The new week is starting off with unfriend... (read more) MBS Price Change UMBS 5.0 96.76 -0.40 UMBS 5.5 99.19 -0.36 UMBS 6.0 101.31 -0.24 GNMA 5.0 96.98 -0.39 GNMA 5.5 99.57 -0.18 GNMA 6.0 101.69 -0.18 Pricing as of: 8/10 7:18PM EST US Treasury Yield Change 2 YR Treasury 4.235 +0.037 5 YR Treasury 4.407 +0.057 7 YR Treasury 4.556 +0.062 10 YR Treasury 4.709 +0.062 30 YR Treasury 5.252 +0.051 Pricing as of: 8/10 7:18PM EST Other News Land Loan, Agentic AI Tools; Deep Dive Into Earnings; Pennymac's Spector on Servicing Value Mon, Aug 10, 2026 11:42AM Here in the hallways at the Western Secondary in L.A., there isn’t a lot of talk about GSE reform, although this short clip from Sam Valverde, ex-acting president of Ginnie Mae, revisits the subject: The GSE reform trigger nobody's watching closely enough. More of the talk is about 2nd quarter earnings, and I received this note: “Rob, I am a broker in Missou... (read more) Latest Video Modest gains in consumer spending in July, CNBC/NRF Retail Monitor finds Experts react to the July jobs report Former Dallas Fed Pres. Fisher: Still seeing inflationary pressures that ar... June wholesale inventories rise 0.2%, missing expectations Around the Web CNBC Interest rates may stay higher for longer. What that means for consumers Eye on Housing Three States Drive Over 20% of Remodeling Activity Investing Live Fed's Hammack: Now is the time to bring more restraint into policy Investing Live US July employment trends 107.71 vs 106.74 prior Investing Live Oil prices trim losses on delayed US-Iran deal; lack of US attacks keeps hopes alive Eye on Housing Wage Growth for Residential Building Workers Continues to Cool CNBC Oil in U.S. Strategic Petroleum Reserve falls below 300 million barrels, lowest since 1983 CNBC Treasury yields inch lower as investors look ahead to key inflation data CNBC Falling long-term unemployment isn't good news, economists say what it means for jobseekers CNBC U.S. economy unexpectedly lost 23,000 jobs in July NY Fed Short-Term Inflation Expectations Tick Down; Household Finance Expectations Improve Investing Live Fed's Barkin: We are in a zero-to-modest gain jobs environment NY Fed US NY Fed GDP Nowcast Q3: 2.24% (prev 2.52%)

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