Highest Mortgage Rates Since August 2025

March 2026 continues to be an unpleasant month for mortgage rates--a fact almost exclusively due to the Iran war. Even if the war were to end today, there's been sufficient disruption to infrastructure and a big enough initial spike in energy prices to create what economists refer to as "second round effects." In simpler terms, this means that inflation expectations and interest rates will not immediately return to February's levels simply because the war is over. That's a premature conversation today when headlines regarding U.S. troop deployment caused rates to jump at 1pm ET. Many mortgage lenders repriced to higher levels after that with the average top tier 30yr fixed rate hitting 6.55% for the first time since August 2025.  Subsequent comments regarding de-escalation helped the bond market recover some of those initial losses, but the market would like to see a more ironclad announcement before reacting in a more meaningful way. [thirtyyearmortgagerates]

March 24, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.55% +0.06%   5.99% 7.08% 15 Yr. Fixed 6.12% +0.07%   5.55% 6.48% 30 Yr. Jumbo 6.65% +0.03%   6.1% 7.2% Compare Mortgage Rates from Local Lenders for Mar 24, 2026 Highest Mortgage Rates Since August 2025 Tue, Mar 24, 2026 3:35PM March 2026 continues to be an unpleasant month for mortgage rates--a fact almost exclusively due to the Iran war. Even if the war were to end today, there's been sufficient disruption to infrastructure and a big enough initial spike in energy prices to create what economists refer to as "second round effects." In simpler terms, this means that inflation expectations and interest rates will not immediately return to February's levels simply because the war is over. That's a premature conversation today when headlines regarding U.S. troop deployment caused rates to jump at 1pm ET. Many mortgage... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.55% +0.06 0.00 15 Yr. Fixed 6.12% +0.07 0.00 30 Yr. FHA 6.02% +0.05 0.00 30 Yr. Jumbo 6.65% +0.03 0.00 7/6 SOFR ARM 6.25% 0.00 0.00 30 Yr. VA 6.04% +0.05 0.00 Updates Daily - Last Update: 3/24 Freddie Mac Rate Change Points 30 Yr. Fixed 6.22% +0.11 0.00 15 Yr. Fixed 5.54% +0.04 0.00 Updates Weekly - Last Update: 3/19 Mortgage Bankers Assoc. 30 Yr. Fixed 6.30% +0.11 0.63 15 Yr. Fixed 5.66% +0.12 0.73 30 Yr. Jumbo 6.39% +0.13 0.34 Updates Weekly - Last Update: 3/18 UMBS 30YR 5.0 98.11 -0.28   95.71 100.50 UMBS 30YR 5.5 100.05 -0.18   98.11 101.64 10 YR Treasury 4.388 +0.041   3.932 4.590 Victory For Cynics as Ceasefire Rebound is Already Over Tue, Mar 24, 2026 9:43AM Even though there were doubts about their scope and impact, yesterday morning's headlines introduced the prospect of some sort of ceasefire in the Iran war. Markets traded accordingly, including the "doubts" part (i.e. there was an initial rebound yesterday and an additional rebound this morning). 10yr yields have now fully erased yesterday morning's gains e... (read more) MBS Price Change UMBS 4.5 95.87 -0.29 UMBS 5.0 98.11 -0.28 UMBS 5.5 100.05 -0.18 GNMA 4.5 95.98 -0.29 GNMA 5.0 98.55 -0.25 GNMA 5.5 100.15 -0.16 Pricing as of: 3/24 4:06PM EST US Treasury Yield Change 2 YR Treasury 3.925 +0.073 5 YR Treasury 4.027 +0.055 7 YR Treasury 4.211 +0.059 10 YR Treasury 4.388 +0.041 30 YR Treasury 4.936 +0.015 Pricing as of: 3/24 4:06PM EST Other News eNote, AI, Servicing, Data Tools; Trigger Lead Adjustments; FICO Investigation; Home Price Appreciation is Complicated Tue, Mar 24, 2026 11:49AM Sometimes life comes down to a coin toss. Here in Virginia Beach, at the Southern Trust Mortgage Sales Summit, a conversation topic is originators not leaving their business to chance. Pricing practices are rarely left to chance, and Senator Josh Hawley (R-Mo.) sent a letter to the CEO of Fair Isaac Corporation (FICO), to inform the company of his investigat... (read more) Latest Video War in Iran makes Fed's next rate decision more interesting: High Frequency... Flash Manufacturing PMI comes in at 52.4, beating estimates Why the markets may be stuck in a "nowhere-to-hide" situation Watch CNBC's full interview with Chicago Fed President Austan Goolsbee Around the Web Marketwatch The bond market is nearing a 5% threshold - but there's a crucial difference this time Investing Live The U.S. Treasury sold $69 billion of 2 year notes at a high yield of 3.936% CNBC Home flippers see smallest profits since the Great Recession, real estate data firm says Eye on Housing Almost Half of the Owner-Occupied Homes Built Before 1980 Marketwatch Fed's interest-rate stance is shifting, and Goolsbee's comments may be the latest evidence S&P Global Flash PMI signals weakened output growth and sharply higher prices FXStreet ADP Employment Change 4-week average increases to 10K CNBC 10-year Treasury yields edge higher as investors weigh renewed Iran war uncertainty Marketwatch Why markets will remain volatile, even if investors see some relief from selling this week Investing Live US fourth quarter unit labor costs +4.4% vs +3.5% expected Eye on Housing Comparing New and Resale Prices: 4Q25 Richmond Fed Regional Surveys of Business Activity Investing Live US January construction spending -0.3% vs +0.1% expected

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