Even though the underlying bond market is in slightly weaker shape today, mortgage rates ended up trickling just a bit lower than yesterday's latest levels. This can happen on occasions when there is a strong rally late in the previous day. Mortgage lenders don't end up passing along all of that improvement in rate sheets and some of them decide to wait for the following day to make the adjustments.  In addition, this morning's slightly weaker bond market performance reversed course around 11am and paved the way for multiple lenders to adjust their rates lower over the past few hours. The net effect is a move down to 7.48% for the average to-tier 30yr fixed rate, just barely edging out the 7.49% seen on the morning of October 2nd to claim the lowest spot since September 25th.  Bears/pessimists will be quick to note that this is still massively higher than we were at the end of august when rates were 6.75%. Nonetheless, it's the strongest counterattack we've seen since then.  [thirtyyearmortgagerates]

October 9, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 7.48% -0.02%   5.99% 7.61% 15 Yr. Fixed 7.15% -0.02%   5.55% 7.23% 30 Yr. Jumbo 7.63% -0.02%   6.1% 7.71% Compare Mortgage Rates from Local Lenders for Oct 9, 2026 Mortgage Rates Officially at 2 Week Lows Fri, Oct 9, 2026 2:37PM Even though the underlying bond market is in slightly weaker shape today, mortgage rates ended up trickling just a bit lower than yesterday's latest levels. This can happen on occasions when there is a strong rally late in the previous day. Mortgage lenders don't end up passing along all of that improvement in rate sheets and some of them decide to wait for the following day to make the adjustments.  In addition, this morning's slightly weaker bond market performance reversed course around 11am and paved the way for multiple lenders to adjust their rates lower over the past few hours. Th... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 7.48% -0.02 0.00 15 Yr. Fixed 7.15% -0.02 0.00 30 Yr. FHA 7.15% -0.02 0.00 30 Yr. Jumbo 7.63% -0.02 0.00 7/6 SOFR ARM 6.90% -0.05 0.00 30 Yr. VA 7.17% -0.01 0.00 Updates Daily - Last Update: 10/9 Freddie Mac Rate Change Points 30 Yr. Fixed 7.40% +0.12 0.00 15 Yr. Fixed 6.73% +0.13 0.00 Updates Weekly - Last Update: 10/8 Mortgage Bankers Assoc. 30 Yr. Fixed 7.30% +0.18 0.75 15 Yr. Fixed 6.56% +0.13 1.02 30 Yr. Jumbo 7.27% +0.12 0.50 Updates Weekly - Last Update: 9/30 UMBS 30YR 6.0 98.19 -0.03   97.78 102.75 UMBS 30YR 6.5 100.63 +0.01   100.34 104.00 10 YR Treasury 5.244 +0.013   3.948 5.318 Slightly Weaker Start. Keep 3-Day Weekend in Mind Fri, Oct 9, 2026 9:50AM After yesterday's nice comeback, here's how we're thinking about today. Fridays before 3-day weekends: frequently see a move to the sidelines among certain investors. Traders who were tactically long bonds over the past 2 days could be booking profit. Translation: some of the strength over the past 2 days could turn to weakness for purely mechanical reas... (read more) MBS Price Change UMBS 5.5 95.61 +0.04 UMBS 6.0 98.29 +0.07 UMBS 6.5 100.62 +0.00 GNMA 5.5 95.99 +0.52 GNMA 6.0 98.30 -0.24 GNMA 6.5 100.81 +0.08 Pricing as of: 10/9 4:22PM EST US Treasury Yield Change 2 YR Treasury 4.791 +0.040 5 YR Treasury 5.023 +0.035 7 YR Treasury 5.135 +0.029 10 YR Treasury 5.246 +0.015 30 YR Treasury 5.605 -0.002 Pricing as of: 10/9 4:22PM EST Other News Polly and Hedging, Database, Equity, CE, Fulfillment Tools; Prepayments; Dart Acquires ACT Fri, Oct 9, 2026 11:50AM As Robbie and I prepare to head to Chicago this weekend for the “MBA National,” yesterday I was speaking with someone at the bar at Legs Inn in Northern Michigan. (Yeah, it’s somethin’.) We shouldn’t be afraid to talk about the economy, or politics, and I told her that I’ve been in capital markets for over 40 years and there are plenty of clever sayings abou... (read more) Latest Video October consumer sentiment misses estimates Mortgage rates on the move Consumer spending in September was the third strongest in over 4 years: Bof... Consumers resilient in September: CNBC/NRF Retail Monitor Around the Web CNBC Americans' debt problems are flashing a warning not seen since the Great Recession BLS Unemployment rate little changed at 4.2 percent in September 2026 Investing Live US October UMich prelim consumer sentiment 46.3 vs 47.8 expected Investing Live US treasury sells $22 billion of 30 year bonds at a high yield of 5.618% NY Fed US NY Fed GDP Nowcast Q3: 2.65% (prev 2.46%) Eye on Housing Private Water and Sewer Systems in 2025 New Single-Family Homes CNBC Treasury yields rise as Fed's Waller says more hikes needed, investors await 30-year auction CNBC Treasury yields steady as Trump strikes diplomatic tone on Iran ahead of midterms Federal Reserve 2025 Survey of Consumer Finances Investing Live US weekly initial jobless claims 197K vs 200K expected Investing Live Atlanta Fed GDPNow Q3 tracker 3.6% vs 3.7% prior Eye on Housing Remodeling Market Sentiment Remains Stable in Third Quarter Despite Headwinds Investing Live US August wholesale inventories +0.5% vs +0.7% expected

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