HeyJaredKate Wood
- Indexed articles, last 90 days
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- Sep 25, 2026
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- Jul 6, 2026
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Why the Bond Market’s Struggles Are Driving Up Mortgage Rates (opens the original)
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Indulge me for a moment in memories of 2007. It was a time when gaucho pants were inexplicably cool, Apple was about to release a brand new iPhone and, yes, the yield on the 10-year Treasury note topped 5%. It feels like forever ago, except wait â those things are all true now, too. Mortgage interest rates are generally benchmarked to the yield on the 10-year Treasury note, and this week that yield hit its highest level since 2007. Rising treasury yields have been pushing mortgage rates higher
Mortgage Rates Today, Friday, September 18: No Change - NerdWallet (opens the original)
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It's been a long week, and even mortgage rates are taking a beat today, holding steady with yesterday's levels. The average interest rate on a 30-year, fixed-rate mortgage remained at 7.05% APR, according to rates provided to NerdWallet by Zillow. This is unchanged from yesterday and four basis points lower than a week ago. (See our chart below for more specifics.) A basis point is one one-hundredth of a percentage point.Nah, mortgage rates aren't just tired. Here's what's actually going on, and
Mortgage Rates Today, Thursday, September 17: Fed Hikes, Rates Over 7% - NerdWallet (opens the original)
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Yesterday afternoon, the Federal Reserve announced a 25-basis-point increase to the federal funds rate. That didn't move mortgage rates much, mainly because rates had already jumped in anticipation of the rate hike.The average interest rate on a 30-year, fixed-rate mortgage rose to 7.05% APR, according to rates provided to NerdWallet by Zillow. This is three basis points higher than yesterday and seven basis points higher than a week ago. (See our chart below for more specifics.) A basis point i
Why Mortgage Rates Shot Toward 7% Before the Fed Raised Rates (opens the original)
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The Federal Reserve just raised the target for the federal funds rate 25 basis points, or a quarter of a percentage point. It's the first increase to the funds rate since July 2023. Mortgage rates, on the other hand, have been rising since late April â and this week rates took a more decisive upward turn. The average rate on a 30-year fixed-rate mortgage rose 24 basis points to 6.97% APR in the week ending Sept. 16, according to rates provided to NerdWallet by Zillow. (A basis point is one one
Why Mortgage Rates Shot Toward 7% Before the Fed Raised Rates - NerdWallet (opens the original)
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The Federal Reserve just raised the target for the federal funds rate 25 basis points, or a quarter of a percentage point. It's the first increase to the funds rate since July 2023. Mortgage rates, on the other hand, have been rising since late April — and this week rates took a more decisive upward turn.The average rate on a 30-year fixed-rate mortgage rose 24 basis points to 6.97% APR in the week ending Sept. 16, according to rates provided to NerdWallet by Zillow. (A basis point is one one-hu
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