top of page

Mortgage Rates: As of September 8th, 2022

For the week ending 9.8.22 Mortgage rates INCREASE 21bp to 6.07%.

For a $100,000 loan the monthly payment INCREASED $13 to $604/mo or $0.44/day.


While mortgage rates INCREASED 21bp, 10 Year Treasury rates INCREASED 3bp. The net difference is an 18bp increase in a spread of 278bp. With the historical spread being 168 there now exists a “safety cushion” of 110bp above this historical spread.


The historic spread between the 10 Year Treasury and mortgage rates is 168pb (see the green line, right axis) and currently, there is a 110bp above the historical norm. For this spread to return to the historical norm, either mortgage rates will decrease or 10 Year Treasury rates will increase.


bottom of page