Federal Reserve Chair Jerome Powell recently testified before the Senate Banking Committee and was asked about the availability of mortgages in states like California. His response? “Those banks and ...

A Plus, the spread between benchmark Treasury yields and mortgage bonds— a key input into mortgage rates —has also compressed sharply in recent days, according to data from Bank of America analysts.

The yield on the 10-year note ended September 12, 2025, at 4.06%. The 2-year note ended at 3.56%, and the 30-year note ended ...

The average rate on a 30-year U.S. mortgage has fallen to its lowest level in nearly a year. Freddie Mac reports the rate ...