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Mortgage Rates

Mortgage rates can change from day-to-day. Savvy mortgage shoppers keep up on interest rates and trends as they prepare to buy a home and secure their mortgage.

Our daily mortgage rates help you track trends in the national daily mortgage rates for 30-year and 15-year fixed-rate mortgages as well as trends in the 10-year Treasury rate.


10-Year Treasury Rate

Treasury Yield Curve As of January 27, 2021

Mortgage News Feed

  • More Evidence of Covid's Effect on Home Buying Preferences
    It probably wasn't on your COVID Bingo card, but the National Association of Home Builders (NAHB) is finding more and more evidence that the pandemic is changing America's home buying plans. Rose Quint writes in NAHB's Eye on Housing Blog that the percentage of those households considering purchasing a home… Read more »
  • November Home Prices Climbed at Highest Rate in Six Years
    The annual increases in U.S. home prices is nearing dizzying levels. The November data from the Federal Housing Finance Agency (FHFA) crossed into double digits for the second consecutive month while the months numbers from S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index came close. The Case-Shiller index, which… Read more »
  • Loans Still Taking 2 Months to Close as Refi Demand Stays Strong
    The interest rates on 30-year fixed rate mortgages originated in December reached an all-time low in ICE Mortgage Technology's (formerly Ellie Mae's) records, an average of 2.93 percent and a 4-basis point decline from the November rate. The company, in its monthly Origination Insight Report, said the note rate for… Read more »
  • Existing Home Sales Reach Highest Levels Since 2006
    Existing home sales resumed an upward trajectory in December. After drifting lower by 2.5 percent in November, breaking a five-month streak of gains, the National Association of Realtors┬« (NAR) said sales in the last month of the year rose 0.7 percent. Sales of single-family homes, townhomes, condominiums, and co-ops, were… Read more »
  • Upbeat 2021 Econ Forecast From Fannie Mae
    Optimism is running high in Fannie Mae's first Economic and Housing Outlook of the year. The company's Economic and Strategic Research (ESR) team says expanding vaccination efforts, the potential of greater than previously expected fiscal stimulus, and the end of winter all "point to an economy ready to take off… Read more »
  • End-of-Year Delinquencies a Challenge for 2021
    Mortgage performance understandably deteriorated over the course of 2020. Black Knight, in its "first look" at December data, noted that┬áthe year ended with 1.54 million more delinquent mortgages and 1.7 million more that were seriously delinquent than at the start, calling it "a looming reminder of the challenges facing the… Read more »
  • Construction Surges to Highest Levels in 15 Years
    Residential construction finished out 2020 much more strongly than analysts had expected. The U.S. Census Bureau and Department of Housing and Urban Development reported significant increases in both residential permitting and housing starts in December, the second month in a row those numbers have grown. The numbers, however, took a… Read more »
  • DACA "Dreamers" Given FHA Loan Eligibility
    The Department of Housing and Urban Development (HUD) announced on Tuesday that it has extended eligibility for FHA mortgages to individuals who are classified under the Deferred Action for Childhood Arrivals program (DACA). These individuals are perhaps better known as "Dreamers." DACA status is granted to undocumented individuals who were… Read more »
  • Rising Material Prices and Lot Shortages Hurt January Builder Confidence
    After setting three successive record highs, most recently a 90 level in November, the pandemic and rising construction costs are taking a toll on the Housing Market Index (HMI). The National Association of Home Builders (NAHB) said the index, which it sponsors with Wells Fargo, fell for the second straight… Read more »
  • New Home Purchase Applications Remained Strong to Year's End
    The Mortgage Bankers Association (MBA) estimates that applications for the purchase of newly built homes rose only 0.2 percent from November to December, however, those applications were up 42.2 percent compared to December 2019. The information comes from MBA's monthly Builder Application Survey (BAS) and was not adjusted for typical… Read more »
  • Fannie/Freddie Allowed to Keep More Capital (Again)
    Late last week the Federal Housing Finance Agency (FHFA) and the U.S. Department of the Treasury (Treasury) agreed to amend the Preferred Stock Purchase Agreements (PSPAs) which govern the required distribution of dividends to Treasury from the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. The amendments will bring… Read more »
  • Refinancing Volume Pulls Back as Rates Rise
    The volume of mortgage applications fell back slightly last week. The Mortgage Bankers Association (MBA) said its Market Composite Index was down 1.9 percent on a seasonally adjusted basis during the week ended January 15 compared to the prior reporting period. On an unadjusted basis the index lost 1.0 percent.… Read more »
  • Biden Nominates Two Picks for Important Financial Positions
    President-elect Joe Biden has announced his picks for two important financial regulatory positions. The chairmanship of the Consumer Financial Protection Bureau (CFPB) will be filled by Rohit Chopra while Gary Gensler is expected to be named to head the U.S. Securities and Exchange Commission (SEC). Both nominations are expected to… Read more »
  • Improvements in Forbearance Continue to Slow
    A decline in the number of forborne loans in those portfolios serviced for banks and private label securities (PLS) accounted for most of the modest downturn in overall numbers last week. Black Knight said the number of active plans dropped by 9,000 loans or 0.3 percent compared to the previous… Read more »
  • Freddie Sees Mortgage Originations Contracting Nearly 20% in 2021
    Freddie Mac's first quarter 2021 economic forecast is unusually short, and, unlike recent forecasts from either of the GSEs, has relatively few revisions. The company's economists say that nearly a year after the first cases of COVID-19 were diagnosed in the U.S., economic growth remains uncertain, with answers largely hinging… Read more »
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