Mortgage Rates (Today)
Source: Mortgage News Daily (Daily Rate Survey)
30-Year Fixed
6.15%
Conventional • national daily index
15-Year Fixed
5.72%
Conventional • national daily index
FHA (30Y)
5.75%
FHA • national daily index
VA (30Y)
5.77%
VA • national daily index
Market Pulse (Live)
Dow • S&P 500 • Nasdaq • Bitcoin
Core message: stocks & crypto swung wildly, but mortgage rates stayed comparatively steady.
Reality Check: What Changed Since Tuesday?
Fundamentals didn’t break — sentiment & positioning did.
Fundamentals Still Holding
STABILITY
- Corporate earnings: still there (no big fundamental shock)
- Credit markets: functioning (not a “freeze”)
- Bond bid returned: buyers stepped back into Treasuries
- Mortgage rates: stayed relatively steady vs. risk assets
What Drove the Whiplash
VOLATILITY
- Positioning unwind: crowded trades got hit
- “AI bubble?” narrative: headline pressure + fear
- Systematic de-risking: volatility amplifies moves
- Re-entry bounce: dip buyers + short-covering
TRU Client Guidance
What we tell buyers & homeowners when markets whip around.
Homebuyers
LOCK / FLOAT
- Match strategy to timeline: closings soon → reduce risk
- Payment-first: make the deal work at today’s payment
- Don’t chase intraday: watch bonds/MBS for confirmation
- Win on structure: credits, concessions, and program choice
Homeowners
REFI / EQUITY
- Meaningful savings: ignore tiny moves — target real value
- Debt strategy: compare consolidation vs. waiting
- Equity tools: HELOC vs cash-out vs hold
- RateWatch alerts: automate your target rate monitoring
What We’re Watching Next Week
High-impact releases + Fed speakers (week of Feb 9)
Note: PPI’s next scheduled release is later in the month (not next week).Watch list: Fed speakers + any surprise shutdown/calendar changes.