UMBS 30YR 6.5
30-Year 6.5% CouponAs of 11/01/2026 • 06:26:48 AM
-14bp
Bond Price Down • Pressures Rates
Day Low: 101.35Day High: 101.56
Open101.53
Last101.39
High101.56
Low101.35
Mortgage-Backed Securities & 10-Year Treasury Watch
Mortgage interest rates are priced directly from institutional UMBS 30-Year coupons and the U.S. 10-Year Treasury Note. Track live intraday basis-point (bp) movement updated every 60 seconds.
Connecting...60s
LAST UPDATED
11/01/202606:26:48 AM
INTRADAY RATE BIAS▲ Upward Rate Pressure (-bp)
DATA SOURCEFirebase • Tradeweb US10Y & MBS Live Feed
UMBS 30YR 7.0
30-Year 7.0% CouponAs of 11/01/2026 • 06:26:48 AM
-11bp
Bond Price Down • Pressures Rates
Day Low: 102.89Day High: 103.06
Open103.03
Last102.92
High103.06
Low102.89
UMBS 30YR 6.0
30-Year 6.0% CouponAs of 11/01/2026 • 06:26:48 AM
-17bp
Bond Price Down • Pressures Rates
Day Low: 99.36Day High: 99.62
Open99.58
Last99.41
High99.62
Low99.36
US 10-year T-Note
10-Year Treasury YieldAs of 11/01/2026 • 06:26:48 AM
+.04%
Yield Up • Pressures Rates
Day Low: 4.95%Day High: 5.00%
Open4.95%
Last4.99%
High5.00%
Low4.95%
How to Read UMBS Basis Points
Mortgage rates and MBS bond prices move in opposite directions. When UMBS prices rise (+bp Green), bond investors pay a higher premium for mortgage-backed bonds, pushing retail mortgage rates lower. When UMBS falls by -15bp to -25bp intraday, lenders often reprice for the worse.
Why the 10-Year Treasury Matters
Although 30-year mortgages have a 30-year term, the average mortgage is paid off or refinanced in 7–10 years. As a result, the U.S. 10-Year T-Note Yield serves as the primary benchmark competing for fixed-income capital alongside UMBS 6.0%, 6.5%, and 7.0% coupons.
Understanding the Coupon Stack
Secondary market desks bundle loans into security coupons in 0.50% increments (UMBS 6.0, 6.5, and 7.0). A borrower’s note rate is typically 0.50%–1.125% above the underlying UMBS coupon to account for servicing fees and Fannie/Freddie guaranty fees.
Market indicators are synced via Firebase Realtime from Tradeweb & MBS benchmark feeds for informational and educational purposes only (Last Updated: 11/01/2026 at 06:26:48 AM). Quotes may reflect up to a 15-minute exchange delay and do not constitute a retail rate sheet or commitment to lend.