For the week ending 10/17/24, mortgage rates increased by 12 bp to 6.44%.

For a $100,000 loan, the monthly payment rose to $628 per month, equivalent to an increase of $0.26 per day.

Mortgage rates increased by 12 bp, while the 10-Year Treasury remained unchanged for the week ending 10/17/24.

The spread widened by 12 bp to 235 bp. With the historical spread at 168 bp, there is now a “safety cushion” of 67 bp above the historical average.

Mortgage rates increased by 12 bp, while the 10-Year Treasury remained unchanged for the week ending 10/17/24.

The spread widened by 12 bp to 235 bp. With the historical spread at 168 bp, there is now a “safety cushion” of 67 bp above the historical average.

Bill Knudson, Research Analyst LANDCO NEXA