For the week ending 11.20.25 Mortgage rates increased 2bp to 6.26%.
This past week, for a $100,000 loan the monthly payment increased $1 to $616/mo.

For the week ending 11.20.25 mortgage rates increased 2bps, mean while the 10 Year Treasury rates were
down 1bp. Spread increased by 3bp. With the historical spread being 168 there now exists a “safety cushion” of 48bp above the historical spread.

The historic spread between the 10 Year Treasury and mortgage rates is 168pb (see green line, right axis) and currently is 48bp above historical norm. In July 2024 this spread was 150bp. Mortgage rates have decreased more than the 10 year Spread: 30 Year Mortgage Rates and 10 Year T-Bill Above norm 48

Bill Knudson, Research Analyst LANDCO NEXA