Mortgage Rate
Trends &
Market Data
Explore historical mortgage-rate averages and Treasury yield data for market context. These charts are not a personalized quote or an offer to lend.
7-day mortgage rate trend
30-year conforming · Daily index
Checking the trend…
Waiting for published daily observations.
Source: Optimal Blue via FRED. Past movement, not a forecast or a Lendwise rate quote.
How the needle works
We compare the last published rate with the first published rate in the selected window, not an average across the window. Each daily index value is itself a market average. Weekends and missing days are skipped; the dates shown are the actual observation dates. Custom dates describe that historical period, not the current trend.
Within 0.01 percentage point is “little change.” Larger moves turn the needle proportionally; it reaches either end at 0.25 percentage point. The comparison below uses this same mortgage index, matched to Treasury observation dates.
Mortgage rates and the bond market
Mortgage rates often move with the bond market, but not always by the same amount. Compare the mortgage index with the 10-year Treasury, a widely watched bond-market benchmark.
Loading the market comparison…
Matching the published mortgage and Treasury observations.
What does the gap mean?
The gap is the mortgage index minus the Treasury yield. Mortgages have costs and risks that Treasury bonds do not, including loan servicing and the chance that borrowers repay early. This difference is not simply a lender’s profit or an additional fee you pay. Read the Boston Fed explanation.
Every range uses the same daily Optimal Blue mortgage index, not Freddie Mac’s separate weekly average. We use only dates with published values in both series. Preset views end on the latest shared date, which can be earlier than the mortgage gauge above. Custom dates use the first and last shared observations within your chosen dates. This shows what happened, not what rates will do next.
Sources: Optimal Blue’s daily 30-year conforming mortgage index and Federal Reserve 10-year Treasury yields, via FRED. National market context, not a personalized Lendwise quote.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
4 Factors That Can Affect Your Mortgage Interest Rate
Common factors a loan officer may review when discussing your available mortgage options.
2026 California conventional loans
Review county limits, down-payment paths, the DU-versus-manual credit distinction, PMI cancellation, gifts, and seller contributions.
Read the conventional guide2026 California FHA loans
Review all 58 county limits, FHA credit and down-payment rules, mortgage-insurance tiers, closing funds, and special situations.
Read the FHA guidePurchase vs. Refinance Rates:
What's the Difference?
Purchase Rates
- Pricing depends on your credit, loan amount and property
- Program availability differs between purchase and refinance loans
- Down payment affects rate significantly
- First-time buyer programs may apply
Refinance Rates
- Rates based on current home equity
- Cash-out options typically have higher rates
- Streamline programs for existing loans
- Closing costs or cash to close may still be required
Whether you're buying or refinancing, pricing depends on your complete loan scenario and market conditions.
Ready to Discuss Your Mortgage Options?
Use the calculators to explore payment scenarios, learn what a pre-approval reviews, then speak with a licensed loan officer for personalized information.