Insights / Daily Rate Update — November 3, 2026
November 3, 2026
Daily Rate Update — November 3, 2026
Today's 10-Year Treasury yield is 4.94% and Freddie Mac's 30-year fixed PMMS is 7.24%. Below: the rate snapshot plus the three finance headlines moving the macro picture today.
Today's Rate Snapshot
- 10-Year Treasury Yield: 4.94% (as of 2026-10-30)
- 30-Year Fixed Mortgage (Freddie Mac PMMS): 7.24% (as of 2026-10-29)
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 Hold Steady at Recent Lows
Mortgage News Daily · Mortgage Market
It was a perfectly fine day for mortgage rates to start the new week. The underlying bond market improved modestly, drawing on a combination of sharply lower oil prices and another drop in tech-related stocks. While it's true that oil prices haven't had a reliable impact on bonds/rates over the past month, today's drop was big enough that is probably helped to some extent, especially when we consider some headwinds created by updated borrowing estimates released by the U.S. Treasury today. Once
Only people with skin in the game should be behind AI mortgage tools
HousingWire · Industry
Compliance rules and real follow-up workflows can break generic chatbots in production lending
Slightly Stronger Start. Mostly Holding After ISM Data
Mortgage News Daily · Mortgage Market
Bonds were initially a hair weaker at the start of the overnight session, but rallied gradually after that. The sharpest gains arrived at the 9:30am NYSE open, suggesting money manager reallocations and "new month" trades. ISM Manufacturing hit 30 minutes later and the first reaction was modest bounce toward slightly higher yields and slightly higher stock prices. Perhaps the most notable development is that stocks are back up to Friday morning's levels even as bonds remain 4-5bps lower compared
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.