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mortgage rates today

30-Year Mortgage Rates Cross 7% as 10-Year Treasury Hits 5%

October 28, 2026September 19, 2026 by Bruno M.
AI-generated editorial image: rolled architectural home blueprint with brass drafting compass on oak worktable in morning window light

30-year fixed mortgage rates jumped back above 7% as the 10-year Treasury touched 5% and MBS spreads widened. Here is what is driving borrowing costs.

Categories Bonds & Fixed Income, Economy & Macro, Federal Reserve & Rates Tags 10-year treasury yield, capital markets, federal reserve rate cut, mortgage rates today, mortgage-backed securities

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