For the week ending March 20, 2025, mortgage rates increased 2 basis points (bp) to 6.67%.

This past week, the monthly payment on a $100,000 loan rose from $642/month to $643/month, an increase of approximately $0.04 per day.

For the week ending March 20, 2025, mortgage rates increased 2bp, while the 10-Year Treasury rate declined 3bp. This caused the spread to widen by 5bp to 243bp. With the historical spread at 168bp, there is now a 75bp safety cushion above the historical norm.

For the week ending March 20, 2025, mortgage rates rose by 2bp, while the 10-Year Treasury rate dropped 3bp. As a result, the spread widened by 5bp to 243bp. With the historical spread at 168bp, there is now a 75bp cushion above the historical average.

Bill Knudson, Research Analyst LANDCO NEXA