Mortgage Rates Rise Gently, But Still Well Below This Week's Highs

Wednesday's mortgage rates were the highest in roughly a month and very close to the highest levels in 2 months.  This followed stronger economic data on that same morning. Rates moved back down yesterday after separate econ data told a different story. Now on Friday, it's a mixed bag. The underlying bond market was slightly weaker to start the day, and that meant rates started out modestly higher. But the last economic data of the week showed lower-than-expected consumer sentiment. Bonds improved as a result, but not enough for the average lender to go to the trouble of adjusting their mortgage rate offerings. The implication is that Monday's rates would be back in line with yesterday's if the bond market were to hold steady over the weekend. Keep in mind, that's never a guarantee. The point of sharing the info is simply to relay the fact that rates could endure a bit of bond market weakness over the weekend without being any higher than they are today. 

November 7, 2025 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.32% +0.03%   6.13% 7.26% 15 Yr. Fixed 5.82% +0.00%   5.6% 6.59% 30 Yr. Jumbo 6.40% +0.00%   6.1% 7.45% Compare Mortgage Rates from Local Lenders for Nov 7, 2025 Mortgage Rates Rise Gently, But Still Well Below This Week's Highs Fri, Nov 7, 2025 2:24PM Wednesday's mortgage rates were the highest in roughly a month and very close to the highest levels in 2 months.  This followed stronger economic data on that same morning. Rates moved back down yesterday after separate econ data told a different story. Now on Friday, it's a mixed bag. The underlying bond market was slightly weaker to start the day, and that meant rates started out modestly higher. But the last economic data of the week showed lower-than-expected consumer sentiment. Bonds improved as a result, but not enough for the average lender to go to the trouble of adjusting their... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.32% +0.03 0.00 15 Yr. Fixed 5.82% 0.00 0.00 30 Yr. FHA 6.03% +0.01 0.00 30 Yr. Jumbo 6.40% 0.00 0.00 7/6 SOFR ARM 6.01% -0.02 0.00 30 Yr. VA 6.04% +0.01 0.00 Updates Daily - Last Update: 11/7 Freddie Mac Rate Change Points 30 Yr. Fixed 6.22% +0.05 0.00 15 Yr. Fixed 5.50% +0.09 0.00 Updates Weekly - Last Update: 11/6 Mortgage Bankers Assoc. 30 Yr. Fixed 6.30% -0.07 0.58 15 Yr. Fixed 5.67% -0.07 0.61 30 Yr. Jumbo 6.38% -0.01 0.34 Updates Weekly - Last Update: 10/29 UMBS 30YR 5.0 99.58 +0.05   95.05 100.11 UMBS 30YR 5.5 101.06 +0.01   97.47 101.40 10 YR Treasury 4.073 -0.012   3.932 4.780 Econ Data Keeping Bonds Flat Fri, Nov 7, 2025 10:51AM Although bonds began the day in roughly unchanged territory, they began losing ground shortly thereafter. Things changed at the 9:30am NYSE open as stock losses helped arrest the selling pressure. Then at 10am ET, weaker Consumer Sentiment data (with a record low in current conditions) helped completely erase the selling. (read more) MBS Price Change UMBS 4.5 97.56 +0.04 UMBS 5.0 99.58 +0.05 UMBS 5.5 101.06 +0.01 GNMA 4.5 97.68 +0.09 GNMA 5.0 99.79 +0.04 GNMA 5.5 100.81 -0.02 Pricing as of: 11/7 2:46PM EST US Treasury Yield Change 2 YR Treasury 3.537 -0.020 5 YR Treasury 3.657 -0.025 7 YR Treasury 3.849 -0.021 10 YR Treasury 4.073 -0.012 30 YR Treasury 4.685 +0.005 Pricing as of: 11/7 2:46PM EST Other News Non-QM, Lock Service, Valuation M&A, Borrower Satisfaction, ARM Hedging Tools; Robinhood Enters Mortgage Fri, Nov 7, 2025 11:50AM How was the Louve in Paris robbed? The password for the cameras was… ready? Louve. (I’m sure that the Smithsonian, MOMA, and Vatican IT staffs are busy changing theirs. (I have my passwords in a notebook… no one can read my scrawl.) Let’s hope that the Federal Aviation Administration has better security, and its website says, “The FAA manages the world’s saf... (read more) Latest Video Alternative jobless claims data could suggest further weakening ahead No October jobs report today: How the lack of data is hampering Fed policy ... New York Fed: Household debt balance rises $197B to $18.6T November preliminary consumer sentiment comes in light Around the Web CNBC Consumer sentiment nears lowest level ever as worries build over shutdown CNBC Student loan forgiveness notices are going out despite the shutdown what borrowers need to do next Calculated Risk Blog Revelio Labs: 9,100 Jobs Lost in October Bank of America The Institute Employment Report: October 2025 Calculated Risk Blog 1st Look at Local Housing Markets in October CNBC Treasury yields move higher as investors continue to face economic data blackout CNBC Treasury yields dip as Supreme Court justices cast legality doubts on Trump's tariffs CNBC Job cuts in October hit highest level for the month in 22 years, Challenger says Calculated Risk Blog Cotality: House Price Growth Slowed to 1.2% YoY in September Eye on Housing Which Local Markets Track National Trends the Most: 2024 Multifamily MAI Calculated Risk Blog Hotels: Occupancy Rate Decreased 2.6% Year-over-year CNBC Chicago Fed's Goolsbee says he's cautious about further rate cuts during shutdown Eye on Housing Multifamily Developer Confidence Increases in Third Quarter, But Still in Negative Territory

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