Track several public market indicators that can help explain the mortgage-rate environment.
10-Year Treasury
4.69%
Latest change: -0.02%
Updated July 24, 2026
Fed Funds Rate
3.63%
Latest change: 0.00%
Updated June 1, 2026
CPI Index
332.57
Latest change: -1.41%
Updated June 1, 2026
Unemployment Rate
4.20%
Latest change: -0.10%
Updated June 1, 2026
Mortgage / Treasury Spread
1.89%
30-year mortgage average minus 10-year Treasury yield
Educational market comparison
10-Year Treasury
Longer-term mortgage rates often move with bond-market expectations. The 10-year Treasury is a useful benchmark for watching that market backdrop.
Fed funds, CPI, and jobs
Fed policy, inflation readings, and employment conditions can all affect rate expectations, even though they do not directly set your mortgage quote.
30-Year Mortgage Rate Trend
30-Year Fixed: 6.58% as of July 23, 2026. Showing about 120 months of weekly FRED observations.
10-Year Treasury Trend
DGS10: 4.69% as of July 24, 2026. Showing about 120 months of weekly FRED observations.
Why the 10-Year Treasury matters
Mortgage rates are not the same as Treasury yields, but longer-term mortgage pricing often moves with bond-market expectations. The spread between the 30-year mortgage average and the 10-year Treasury can help show how mortgage pricing compares with the broader rate market.