Insights / Daily Rate Update — June 13, 2026
June 13, 2026
Daily Rate Update — June 13, 2026
Today's 10-Year Treasury yield is 4.55% and Freddie Mac's 30-year fixed PMMS is 6.52%. Below: the rate snapshot plus the three finance headlines moving the macro picture today.
Today's Rate Snapshot
- 10-Year Treasury Yield: 4.55% (as of 2026-06-10)
- 30-Year Fixed Mortgage (Freddie Mac PMMS): 6.52% (as of 2026-06-11)
Mortgage rates are not the same as the 10-Year Treasury yield, but they generally track its direction. Personal scenario rates can vary based on credit, LTV, occupancy, and product.
Today's Finance Headlines
Markets await Warsh’s first meeting as Fed chair
HousingWire · Industry
Markets expect the Fed to hold rates, but Warsh’s June 17 debut press conference and continued high inflation will shape expectations.
What this means for borrowers: Market focus is on leadership transitions at the Federal Reserve amid persistent inflationary pressures and uncertainty regarding future interest rate trajectories.
Modest Bounce in Refi Demand Despite Rate Volatility
Mortgage News Daily · Mortgage Market
Mortgage applications bounced higher last week after the holiday-shortened period, though the increase largely reflected a normalization in activity rather than a meaningful improvement in underlying demand. The Mortgage Bankers Association (MBA) reported a 10.8% increase in total application volume on a seasonally adjusted basis for the week ending June 5. The gain was led by refinance activity, which rose 15% from the previous week. Refinance demand was also 20% higher than the same period one
What this means for borrowers: Application volume increased following a holiday period, though volatility in interest rates continues to influence overall mortgage demand.
Guild pushes GSEs to scale residual income analysis
HousingWire · Industry
Guild Mortgage is advocating for Fannie Mae and Freddie Mac to adopt residual income analysis at scale through ongoing conversations and data sharing.
What this means for borrowers: Industry advocates are seeking standardized GSE adoption of residual income analysis to refine borrower affordability assessments beyond traditional debt-to-income ratios.
The "What this means for borrowers" notes above are AI-generated and reviewed for compliance — they describe macro context, never make recommendations or forecasts. Not personal financial advice. Talk to Jesse Gonzalez, NMLS #278103, for your specific situation.