Insights / Daily Rate Update — June 25, 2026
June 25, 2026
Daily Rate Update — June 25, 2026
Today's 10-Year Treasury yield is 4.5% and Freddie Mac's 30-year fixed PMMS is 6.47%. Below: the rate snapshot plus the three finance headlines moving the macro picture today.
Today's Rate Snapshot
- 10-Year Treasury Yield: 4.5% (as of 2026-06-23)
- 30-Year Fixed Mortgage (Freddie Mac PMMS): 6.47% (as of 2026-06-18)
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
Mortgage Rates Quickly Approaching 1-Month Lows
Mortgage News Daily · Mortgage Market
Rate momentum shifted noticeably on Wednesday. The underlying bond market saw heavy buying in pre-market trading--likely a result of large-scale quarter-end rebalancing among the largest money managers (i.e. adjusting balance of stocks vs bonds in investment portfolios). Excess demand for bonds = lower rates, all else equal. It also hasn't hurt that oil prices continue declining as bond demand has frequently benefited from the lower implied inflation. The average top-tier 30yr fixed rate fell 0.
What this means for borrowers: Quarter-end portfolio rebalancing and declining oil prices are driving increased bond demand, which is putting downward pressure on mortgage rates.
FHFA pushes GSEs to embrace chattel loans in Duty to Serve proposal
HousingWire · Industry
The FHFA has proposed replacing its existing Duty to Serve regulation with an outcome-based framework that would change how Fannie Mae and Freddie Mac support manufactured housing, affordable housing preservation and rural housing.
What this means for borrowers: Federal regulators are proposing a shift toward outcome-based frameworks to expand financing options for manufactured and affordable housing.
Quick Rally Toward Key Resistance Just Before The Open
Mortgage News Daily · Mortgage Market
Bonds spend most of the night trading sideways to slightly stronger. Oil prices fell sharply, making it tempting to conclude that's the reason that 10yr yields were almost 7bps lower at 9am. But more than half of the oil rally was over before Treasuries began rallying. There was an obvious and uncommonly large volume spike in Treasuries around 7:50am ET. Oil was still falling at the time. It likely contributed to the bond buying, but not enough that we'd give it primary credit. The nature of the
What this means for borrowers: Treasury yields are declining amid a volume spike in bond buying, occurring alongside a sharp drop in oil prices.
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.