Oct 17 • Announcements
Today's mortgage rates. National average
📊 Today’s Mortgage Rate UpdateSource: Optimal Blue | National averages | For informational purposes onlyRates may include options with or without discount points. Actual pricing will vary based on credit, LTV, and loan type.
📅 TODAY’S RATES
- 30‑YR. Conforming: 6.190% (▲ 0.039%)30‑day range: 6.190% – 6.345%
- 30‑YR. Jumbo: 6.428% (▲ 0.027%)30‑day range: 6.428% – 6.669%
- 30‑YR. FHA: 6.060% (▲ 0.036%)30‑day range: 6.003% – 6.165%
- 30‑YR. VA: 5.796% (▲ 0.045%)30‑day range: 5.703% – 5.950%
- 30‑YR. USDA: 5.954% (▲ 0.140%)30‑day range: 5.912% – 6.238%
- 15‑YR. Conforming: 5.401% (▲ 0.055%)30‑day range: 5.400% – 5.604%
📈 Market Commentary – What May Have Moved Rates Yesterday
- The mortgage‑backed securities (MBS) market saw some underperformance, with yields rising modestly, which can put upward pressure on mortgage rates.
- Treasury yields generally nudged higher, tightening the spread and meaning that broader bond market moves are influencing mortgage pricing.
- There’s been tension in short‑term funding markets — U.S. banks have recently turned to the Fed’s repo facility, signaling liquidity strains. (reuters.com)
- Also, homebuilder sentiment recently ticked upward, suggesting some optimism that easing rates may help housing demand. (reuters.com)
🔍 Reminder:These are national averages for illustration only. Your actual rate will depend on your credit score, down payment (or LTV), loan program, and property specifics.
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Today's mortgage rates. National average
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