Mortgage rates ultimately managed to hold steady on Tuesday despite some underlying market volatility. Rates change day to day (and sometimes intraday) based on movement in the bond market, and there's been plenty of that. Yesterday's market movement was good for rates after starting out near the worst levels since February. This allowed most lenders to make positive adjustments, thus getting the average back under 7% by the end of the day.  Things started on a weaker note yet again today, but in a far gentler way. Because the underlying bond market was in roughly the same spot as it was when mortgage lenders revised their rates yesterday, today's average remained unchanged. All that having been said, it's important to note that these are averages. Because different lenders react to market movement in slightly different ways at different times of day, an individual lender may be noticeably better or worse than yesterday depending on when you look.  The thing that should generally be true is this: by the end of business today, most lenders should be very close to their highest rate offering of the past month, roughly matching either yesterday's or last Wednesday's highs.

May 20, 2025 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.15% -0.02%   6.01% 7.13% 15 Yr. Fixed 5.72% -0.03%   5.55% 6.5% 30 Yr. Jumbo 6.33% -0.02%   6.1% 7.45% Compare Mortgage Rates from Local Lenders for May 20, 2025 Mortgage Rates Hold Steady Near Recent Highs Tue, May 20, 2025 4:32PM Mortgage rates ultimately managed to hold steady on Tuesday despite some underlying market volatility. Rates change day to day (and sometimes intraday) based on movement in the bond market, and there's been plenty of that. Yesterday's market movement was good for rates after starting out near the worst levels since February. This allowed most lenders to make positive adjustments, thus getting the average back under 7% by the end of the day.  Things started on a weaker note yet again today, but in a far gentler way. Because the underlying bond market was in roughly the same spot as it wa... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.15% -0.02 0.00 15 Yr. Fixed 5.72% -0.03 0.00 30 Yr. FHA 5.75% -0.05 0.00 30 Yr. Jumbo 6.33% -0.02 0.00 7/6 SOFR ARM 5.56% -0.03 0.00 30 Yr. VA 5.77% -0.04 0.00 Updates Daily - Last Update: 2/6 Freddie Mac Rate Change Points 30 Yr. Fixed 6.11% +0.01 0.00 15 Yr. Fixed 5.50% +0.01 0.00 Updates Weekly - Last Update: 2/5 Mortgage Bankers Assoc. 30 Yr. Fixed 6.24% +0.08 0.55 15 Yr. Fixed 5.64% +0.09 0.61 30 Yr. Jumbo 6.34% -0.05 0.40 Updates Weekly - Last Update: 1/28 UMBS 30YR 5.0 100.05 +0.01   95.71 100.50 UMBS 30YR 5.5 101.49 +0.04   98.11 101.64 10 YR Treasury 4.213 +0.033   3.932 4.608 Budget Battle Hitting Bonds Amid Empty Calendar Tue, May 20, 2025 10:11AM It's a holiday-shortened week with a relatively empty economic calendar, thus forcing the bond market to find its movement cues elsewhere. To some small extent, corporate bond issuance has had an impact behind the scenes. It was lower than expected yesterday, which may have helped, and is picking back up today, which may be hurting. But the bigger pain align... (read more) MBS Price Change UMBS 4.5 98.06 +0.03 UMBS 5.0 100.05 +0.01 UMBS 5.5 101.49 +0.04 GNMA 4.5 97.84 +0.10 GNMA 5.0 100.18 +0.11 GNMA 5.5 101.22 -0.02 Pricing as of: 2/7 11:04AM EST US Treasury Yield Change 2 YR Treasury 3.496 +0.044 5 YR Treasury 3.753 +0.036 7 YR Treasury 3.965 +0.026 10 YR Treasury 4.213 +0.033 30 YR Treasury 4.851 +0.006 Pricing as of: 2/7 11:04AM EST Other News Automation Pilot; MBA Pooling, Marketing, Cyber Insurance, Processing Tools; MBA Open Door Auction Tue, May 20, 2025 11:41AM A mullah, a rabbi, and a priest walk into a bar here in New York. The bartender says, “What is this, some kind of joke?” What isn’t a joke is people’s pay, and trends in mortgage compensation, and this month’s STRATMOR’s piece is titled, “Compensation is Still Lender’s Largest Expense.” What also isn’t a joke is likely, or at least possible, further consolid... (read more) Latest Video Republicans will likely succeed in passing budget bill, says Wolfe Research... U.S.-China deal impacts Fed's outlook, CNBC survey finds 30-year fixed mortgage rate rises above 7% Raphael Bostic: Debt downgrade could ripple through the economy Around the Web Reverse Engineering Finance The looming impact of student loan repayment on the FHA portfolio? Eye on Housing Single-Family Home Size Trending Higher Calculated Risk Blog California Home Sales "Retreat" in April; New Listings "Surge" CNBC U.S. Treasury yields slip as Fed signals just one rate cut in 2025 CNBC JPMorgan CEO Jamie Dimon says markets are too complacent on tariffs, expects S&P 500 earnings growth to collapse CNBC Mortgage rates cross back over 7% after U.S. credit downgrade Calculated Risk Blog "How do you grade the Spring housing market?" Calculated Risk Blog Update: Lumber Prices Up 13% YoY Federal Reserve FEDS Paper: Collateral Reuse and Financial Stability Forex Live More signs that the US-Japan trade agreement is on ice PR Newswire The Conference Board Leading Economic Index® (LEI) for the US Plunged in April Eye on Housing Slight Gains for Townhouse Construction Eye on Housing Flat Growth for Single-Family Built-for-Rent

© 2026  Mortgage News Daily, LLC. | 19701 Bethel Church Rd. | Cornelius, NC 28031 Interest rates displayed are national averages and for informational purposes only. Actual rates from lenders may vary based on several factors including, but not limited to, credit worthiness, ability to replay, credit score, down payment, loan term, etc. This email was sent to: [recipientemail]. Go here to UNSUBSCRIBE from this email.