With Treasury rates on the rise, we want to know where brokers think rates will end up by year's end
Mortgage rates are grinding higher again, and this week's Mortgage Professional America weekly poll wants to know where you think they go from here.
LINK: Vote in this week's poll!
The 10-year Treasury yield surged 14 basis points on Monday and is up another 5 basis points in early trading on Tuesday. This is pushing the 30-year fixed mortgage rate to nearly 6.7%, its highest level in months.
The primary driver is the ongoing Middle East conflict, which has pushed oil prices sharply higher and reignited inflation fears. WTI crude climbed above $100 a barrel earlier this month, a move that forces bond investors to demand higher yields as compensation for inflation risk.
When Treasury yields rise, mortgage rates follow. That relationship has left brokers navigating a rate environment that has stubbornly refused to cooperate with the more optimistic forecasts that opened 2026.
The Federal Reserve held rates steady at its May meeting, and markets are pricing in little chance of cuts before late 2026 or into 2027. Until geopolitical tensions ease and energy markets cool, relief may be hard to come by.
So where does it all land by December 31? Cast your vote in this week's MPA poll and share your outlook.
