Today's Rate

Mortgage rates were pulled lower by a sharp drop in Treasury yields after a weaker-than-expected U.S. jobs report (September payrolls +29,000 vs ~85,000 expected), with the 10-year Treasury yield falling to about 5.15%. Reported mortgage-rate changes varied across trackers because they use different lender samples and update times, and mortgage pricing doesn’t always move instantly or one-for-one with Treasury yields, especially after a week of elevated/upward-trending rates.

Yesterday