top of page

Mortgage Rates Update: December 14th, 2023

For the week ending 12.14.23 Mortgage rates DECREASED 8bp to 7.18%.

For a $100,000 loan the monthly payment DECREASED $5 to $677/mo or $0.18/day.


Mortgage rates DECREASED 8bp while the 10-year Treasury rates DECREASED 22bp for the week ended 12/14/23. The net difference resulted in a 14bp increase in the spread to 326bp. With the historical spread being 168 there now exists a “safety cushion” of 158bp above the historical spread.


The historic spread between the 10-year Treasury and mortgage rates is 168pb (see green line, right axis) and is 158bp above the historical norm.


bottom of page