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

-0.17 pts

4.96%

As of Oct 22, 2026 · FRED DGS10

2-year Treasury

-0.16 pts

4.65%

As of Oct 22, 2026 · FRED DGS2

30-year fixed mortgage

-0.08 pts

7.32%

As of Oct 22, 2026 · FRED MORTGAGE30US

15-year fixed mortgage

-0.03 pts

6.68%

As of Oct 22, 2026 · FRED MORTGAGE15US

Fed funds target upper bound

no change

4.00%

As of Oct 26, 2026 · FRED DFEDTARU

MBS price direction (10y proxy)

Higher

Trending higher

As of Oct 22, 2026 · Derived from FRED DGS10

Latest observation: Oct 26, 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.