Mortgage Rates Start The Week Near Recent Highs

Mortgage rates began the week right in line with their highest levels of the past 30 days.  This sounds a bit more dramatic than it is because the past 2.5 weeks have been very narrow and today's rates are merely at the upper edge of that range (i.e. not much different than the recent lows). There were no meaningful economic reports driving volatility in the underlying bond market (bonds dictate rates), but overseas developments caused broad bond market weakness overnight.  Weaker bonds = higher rates, all else equal. More extreme rate movement remains on hold until the government shutdown ends, thus allowing the publication of the big-ticket economic reports that have the biggest impacts on rates.

October 6, 2025 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.38% +0.04%   6.13% 7.26% 15 Yr. Fixed 5.90% +0.06%   5.6% 6.59% 30 Yr. Jumbo 6.28% +0.03%   6.14% 7.45% Compare Mortgage Rates from Local Lenders for Oct 6, 2025 Mortgage Rates Start The Week Near Recent Highs Mon, Oct 6, 2025 4:23PM Mortgage rates began the week right in line with their highest levels of the past 30 days.  This sounds a bit more dramatic than it is because the past 2.5 weeks have been very narrow and today's rates are merely at the upper edge of that range (i.e. not much different than the recent lows). There were no meaningful economic reports driving volatility in the underlying bond market (bonds dictate rates), but overseas developments caused broad bond market weakness overnight.  Weaker bonds = higher rates, all else equal. More extreme rate movement remains on hold until the government ... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.38% +0.04 0.00 15 Yr. Fixed 5.90% +0.06 0.00 30 Yr. FHA 6.07% +0.04 0.00 30 Yr. Jumbo 6.28% +0.03 0.00 7/6 SOFR ARM 5.84% +0.08 0.00 30 Yr. VA 6.09% +0.04 0.00 Updates Daily - Last Update: 10/6 Freddie Mac Rate Change Points 30 Yr. Fixed 6.34% +0.04 0.00 15 Yr. Fixed 5.55% +0.06 0.00 Updates Weekly - Last Update: 10/2 Mortgage Bankers Assoc. 30 Yr. Fixed 6.46% +0.12 0.61 15 Yr. Fixed 5.76% +0.06 0.68 30 Yr. Jumbo 6.54% +0.10 0.40 Updates Weekly - Last Update: 10/1 UMBS 30YR 5.0 99.26 -0.18   95.05 99.96 UMBS 30YR 5.5 100.89 -0.08   97.47 101.28 10 YR Treasury 4.165 +0.048   3.932 4.780 Overnight Losses Thanks to Overseas Markets Mon, Oct 6, 2025 8:57AM On paper, it was supposed to have been a sleepy session for bonds with nothing of note on the econ calendar. But in practice, we're seeing one of the larger instances of overnight selling in months. Ironically, the extreme absence of domestic market movers can grease the skids for more volatility (via illiquidity) if unexpected motivations pop up.  That... (read more) MBS Price Change UMBS 4.5 97.11 -0.25 UMBS 5.0 99.26 -0.18 UMBS 5.5 100.89 -0.08 GNMA 4.5 97.23 -0.18 GNMA 5.0 99.44 -0.21 GNMA 5.5 100.73 -0.03 Pricing as of: 10/6 4:51PM EST US Treasury Yield Change 2 YR Treasury 3.597 +0.031 5 YR Treasury 3.747 +0.036 7 YR Treasury 3.945 +0.048 10 YR Treasury 4.165 +0.048 30 YR Treasury 4.760 +0.051 Pricing as of: 10/6 4:51PM EST Other News Trading, TPO Training, Verification Tools; Investor Shutdown News; Fifth Third/Comerica Deal Mon, Oct 6, 2025 11:45AM Often the economy and general business trends are separate from management and business acumen. Like Block Buster, which at the high point had over 9,000 stores, Rite Aid had 5,000. Now it has… zero, despite people always needing drugs and toothpaste. Companies have to react to changing times… remember when CVS began locking its shelves to stop theft, and th... (read more) Latest Video Former Boston Fed President Rosengren: The Fed will have to rely on 'noisie... Layoffs reach highest since 2020, says outplacement firm Challenger, Gray a... FHFA director Bill Pulte on FICO's changes to credit score licensing Bond yields rise on the day but fall on the week Around the Web CNBC Treasury yields move higher as government shutdown stretches on Calculated Risk Blog Housing October 6th Weekly Update: Inventory Increased 0.2% Week-over-week The Basis Point TABLE: All U.S. Economic Data Releases Delayed By Shutdown Calculated Risk Blog October ICE Mortgage Monitor: "Home Prices Firm" in September, Up 1.2% Year-over-year Calculated Risk Blog Asking Rents Mostly Unchanged Year-over-year Eye on Housing Shorter Apartment Construction Time in 2024 CNBC FICO provider is shaking up its credit score business. Its stock is surging Calculated Risk Blog ISM Services Index Decreased to 50% in September; Prices Paid Very High; Employment in Contraction for Fourth Consecutive Month Calculated Risk Blog Realtor.com Reports Median listing price was flat year over year CNBC Treasury yields inch higher as government shut down reaches third day Eye on Housing Supply-Side Cost Pressures Drove Housing as Inflation Leader in 2024 Calculated Risk Blog Inflation Adjusted House Prices 2.7% Below 2022 Peak; Price-to-rent index is 10% below 2022 peak Calculated Risk Blog Q3 GDP Tracking: Flyin' Blind

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