The Mortgage Spread
What housing pays above the government. Week ending September 24, 2026.
| 30-year mortgage rate | 7.03% |
| 10-year Treasury yield | 5.18% |
| Spread | 1.85 pp |
| Spread index (156-week) | 3.1 |
| 4-week move | -9.6 |
| 13-week move | -15.9 |
The spread is near the bottom of its three-year range. Mortgage pricing is unusually close to Treasury yields.