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Home/Briefs/mortgage rates

BriefApril 10, 2026 · 06:54 PM

Ceasefire with Iran Lowers Mortgage Rates to 6.08%

Monthly mortgage payments for borrowers have decreased as the average 30-year fixed mortgage rate dropped to 6.08%. This decline is part of a broad decrease across loan types, including a 15-year fixed rate of 5.60% and a 20-year fixed rate of 5.97%. The dip follows a decline in the 10-year Treasury yield, which eased to 4.26%. This bond market movement was triggered by calming global markets following a ceasefire agreement between the U.S. and Iran.

Kendall Thorne

mortgage ratesTreasury yieldsgeopolitical risk

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