top of page

Mortgage Rates: June 30th, 2022

For the week ending 6.30.22 Mortgage rates decreased 8bp to 5.93%.

For a $100,000 loan, the monthly payment decreased from $6 to $595 which is equal to ~$20 a day.


The historic spread (aka difference) between the 10-Year Treasury and mortgage rates is 168pb (see the green line). This past week the 10-Year DECREASED 11bp while Mortgage rates decreased 8bp, thus a 3bp increase in spread occurred and the spread is 127bp above the historical norm. Given how quickly rates have recently risen, pricing personnel is going to want to “retain this cushion” to be safe against unexpected rate increases.

5 views0 comments


bottom of page