10-Year Treasury Rate Tops 5.1%, Hitting Lenders

Inside Mortgage Finance, Sept. 24, 2026-Brandon Ivey

Interest rates on mortgages are under additional upward pressure with the 10-year Treasury rate rising.

Wednesday, the yield on the 10-year went above 5.1%. The yield has increased most days in the past 30 days, from as low as 4.64% Aug. 24.
A stronger than anticipated report on manufacturing Wednesday convinced a growing share of players in the financial markets that the Federal Reserve will have to hike the federal funds rate again in the coming months.

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