Monitor Mortgage Rates like a Pro

“Interest rates” isn’t just one thing. The big ones:

• Federal Funds Rate – set by the Fed (drives everything else)
   
• 10-Year Treasury Yield – most important for mortgage rates
   
• SOFR / Prime Rate – matters for adjustable, bridge, and commercial loans
   
• Mortgage-backed securities (MBS) – what lenders really price off
   

👉 If you’re watching mortgage or bridge loans, focus on:
10-Year Treasury + MBS spreads

If you want a simple, effective habit:

• Check 10-Year Treasury Yield
   
• Check average 30-yr mortgage rate
   
• Look at today’s Fed news or economic calendar
   

You’ll quickly learn the “normal range” and spot trends.

Once a week, look at:

• Inflation data (CPI, PCE)
   
• Jobs reports (Non-Farm Payrolls)
   
• Fed speeches / meeting summaries
   
• Bond market movement (not stock market hype)
   

📌 Rates usually move before the headlines hit mainstream news.