LoanElk Research
Rates this week.
We snapshot national average mortgage rates every day and plot them against the two macro signals that actually move them: the Freddie Mac PMMS weekly survey and the 10-year Treasury yield. No interpretation. Just the numbers.
LoanElk 30-yr
-%
Freddie Mac 30-yr
-%
10-yr Treasury
-%
Mortgage spread
-pp
30-yr minus 10-yr
Loading rate history.
0 days of LoanElk daily snapshots collectedNew snapshot every 6 hoursEach day's value reflects the most recent scrape that day
How to read this
- The blue line is the LoanElk daily 30-year fixed national average, scraped each morning.
- The dashed grey line is the Freddie Mac Primary Mortgage Market Survey 30-year fixed weekly average. It updates Thursdays. It tends to lag daily moves by a few days.
- The amber line on the right axis is the 10-year Treasury yield. Mortgage rates do not equal Treasury yields, but they move in the same direction. The spread between the two is the mortgage risk premium.
- When the spread widens, lender margins are widening. When it narrows, you are getting a better deal relative to the bond market.
Sources
- LoanElk daily averages. Scraped from Bankrate national averages once per hour. We persist a single value per day.
- Freddie Mac PMMS. FRED series MORTGAGE30US.
- 10-year Treasury yield. FRED series DGS10.
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Data is for informational and research purposes. Mortgage rates vary by lender, location, credit profile, loan-to-value, and product. This is not a loan offer. You may republish charts and figures with attribution and a link to this page.