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5 clusters · 11 sources · 21 days · First seen · Last updated

US mortgage rates and Treasury yields

Overview

Late July 2026 saw U.S. mortgage rates hovering near 6.5% as markets awaited clearer inflation data. By early August, long‑term Treasury yields surged, pushing the 30‑year mortgage rate to the 6.7%–7% band; a brief dip to 6.65% on August 2 was quickly followed by a rise to 6.7% on August 4. The 10‑year Treasury broke above 5%, and the Federal Reserve kept its policy range at 3.50%–3.75%, leaving little room for near‑term rate cuts. Higher borrowing costs strained affordability, with purchase‑loan applications down 6.4% and refinance volume falling 10% week‑over‑week. On August 6, the national average 30‑year fixed rate climbed to 6.69%, up four basis points from the previous day and near the top of its 30‑day range (6.41%–6.72%). The 15‑year fixed stood at 6.01% and the 5/1 ARM at 6.25%. In St. Louis, the 30‑year fixed held steady at 6.75% while the 15‑year fixed was 6.29%. These movements continue to track the rising 10‑year Treasury yield, reflecting persistent inflation expectations and the Fed’s unchanged policy stance. As of August 9, the 30-year fixed rate held steady at 6.69%. In Nashville, the 30-year fixed averaged 6.69% for the week ending August 7, marking a one-year high. While the 15-year fixed rate decreased slightly to 6.01%, broader trends are being shaped by a cooling labor market, including a July jobs report showing a net loss of 23,000 jobs. Mortgage pricing continues to track 10-year Treasury yields and mortgage-backed security spreads. By mid-August, upward pressure continued. The 30-year fixed rate held steady at 6.69% on August 10. However, by August 11, refinance rates rose, with the national average 30-year fixed refinance rate increasing by 11 basis points to 7.18%. The 15-year fixed refinance rate also climbed to 6.21%.

Entities

Federal Reserve · U.S. Treasury · Zillow · Bankrate · Davidson County

Timeline

  1. 3 days ago

    [BUSINESS] 2 sources
    Mortgage rates rise amid persistent inflation and Fed policy

    Mortgage and refinance rates have trended upward in August 2026, driven by persistent inflation and Federal Reserve policy as the 30-year fixed refinance rate reached 7.18%.

  2. 5 days ago

    [BUSINESS] 4 sources
    Mortgage rates hold at 6.69% for 30-year fixed

    U.S. mortgage rates remain elevated, with the 30-year fixed rate holding at 6.69%. Recent trends show rates near one-year highs despite a cooling labor market and shifting Treasury yields.

  3. 11 days ago

    [BUSINESS] 4 sources
    US Mortgage Rates Hover Around Mid‑6% as Market Adjusts

    US mortgage rates sit in the mid‑6% range, with a rare 30‑year fixed/5‑1 ARM alignment, while lower‑payment applications near median rent signal affordability strain; higher rates curb purchase and refinance需求.

  4. 11 days ago

    [BUSINESS] 4 sources
    US Treasury Yields Surge Threatens Housing Market

    US Treasury yields have jumped to multi‑year highs, pushing mortgage rates near 7 % and threatening the housing market as investors seek higher compensation amid Fed uncertainty.

  5. 24 days ago

    [BUSINESS] 6 sources
    U.S. Mortgage Rates Hold Near 6.5% as Market Awaits Fed Signals

    U.S. 30‑year mortgage rates stayed near 6.56% on July 20, with a week‑ahead forecast holding around 6.54% amid steady Treasury yields and muted market data.

Sources

awealthofcommonsense.com · brownfieldagnews.com · etfdb.com · festivaly-jihomoravsky.cz · granthammond.com · nationalmortgageprofessional.com · nerdwallet.com · otravel.com · reversemortgagedaily.com · saveourwater.org.au · seekingalpha.com

This summary has been updated 5 times: see revision history