Insights / Daily Rate Update — October 29, 2026
October 29, 2026
Daily Rate Update — October 29, 2026
Today's 10-Year Treasury yield is 4.99% and Freddie Mac's 30-year fixed PMMS is 7.32%. Below: the rate snapshot plus the three finance headlines moving the macro picture today.
Today's Rate Snapshot
- 10-Year Treasury Yield: 4.99% (as of 2026-10-27)
- 30-Year Fixed Mortgage (Freddie Mac PMMS): 7.32% (as of 2026-10-22)
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
Bonds Trying to Ignore Tech Sector Healing
Mortgage News Daily · Mortgage Market
Coreweave stock moved higher again overnight and Coreweave bond yields continued lower, with some issues now back to yields seen 2 weeks ago. Treasuries/MBS have been doing their best to hold sideways after last week's rally, but can only do so much when that rally was driven by factors that are visibly unwinding. As for today's Fed announcement, the focus will be on the press conference in case markets can glean any clues about how the Fed's anticipated rate hike path may or may not line up wit
The housing market gets a positive Fed day for a change
HousingWire · Industry
We still have some pressing issues with inflation, but it looks like the Fed doesn’t want to go crazy with rate hikes
Minimal Impact From Fed
Mortgage News Daily · Mortgage Market
Minimal Impact From Fed Fed day has come and gone with minimal fanfare. Markets ultimately found reason to downgrade expectations for future rate hikes (likely due to Warsh's general "wait and see" comments during the press conference), but at the expense of a bit of weakness in the longer end of the yield curve. In other words, 2yr yields fell and 10yr yields rose. Neither were appreciably far from levels seen 2 days ago. Additionally, not all of the above should be attributed to the Fed. 10yr
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.