Bond Markets
What's moving long-term mortgage rates today.
Mortgage rates follow the long end of the bond market. This dashboard refreshes through the day so you can see the same indicators rate-watchers refresh: Treasury yields, the Fed funds upper bound, and a directional proxy for mortgage-backed bond prices.
10-year Treasury
+0.05 pts4.60%
As of Jul 20, 2026 · FRED DGS10
2-year Treasury
+0.03 pts4.21%
As of Jul 20, 2026 · FRED DGS2
30-year fixed mortgage
+0.06 pts6.55%
As of Jul 16, 2026 · FRED MORTGAGE30US
15-year fixed mortgage
+0.11 pts5.93%
As of Jul 16, 2026 · FRED MORTGAGE15US
Fed funds target upper bound
no change3.75%
As of Jul 21, 2026 · FRED DFEDTARU
MBS price direction (10y proxy)
LowerTrending lower
As of Jul 20, 2026 · Derived from FRED DGS10
Latest observation: Jul 21, 2026.
Market data from the Federal Reserve (FRED). Strictly informational and educational. Not an offer, quote, advertisement of a specific rate, or representation of rates available to any individual borrower. The mortgage-backed bond direction shown here is a directional proxy derived from day-over-day movement in the 10-year Treasury yield, not a live MBS price feed.