Black Belt Market Intelligence
Mortgage rates are set by the price of mortgage bonds, not by a bank's mood. This page tracks the 10-year Treasury and the 30-year UMBS coupon in candlesticks, the Federal Reserve data that moves them, and what it means for a borrower. Every number carries its source and how fresh it is. None of it is a rate quote.
UMBS 30-year 6.0% coupon
Chart data as a table
| Session | Open | High | Low | Close |
|---|
Federal Reserve data (FRED)
| Series | Latest | Prior | Year ago |
|---|
Market notes
Three kinds of entry, labeled so you always know which you are reading. Dave's take is written by me. Data is generated from published figures — Freddie Mac and the Federal Reserve nationally, Redfin and Realtor.com locally, the Nevada Housing Division for program changes — with the source named on every line. Headline is a link to reporting somewhere else, with the outlet credited; I post the link, not their words. Nothing here is a rate quote or an offer to lend. Longer explanations live in Market Insights.
Green candle, higher MBS price
Bond prices rose during the session. Lenders price off these bonds, so a rising MBS price is what allows rate sheets to improve. Yesterday's close matters less than the trend against the moving averages.
10-year yield moving up
Yields and prices move in opposite directions. When the 10-year Treasury yield climbs, mortgage bonds usually sell off with it, and rate sheets tighten. Watch the gap between the 10-year and the 30-year fixed average: a wide spread means room to improve.
What I do with it
I use this to time locks, to advise on floating, and to tell you when a seller-paid buydown beats waiting. This page is educational context. It is not a rate quote, and it is not an offer to lend.
Any city in Nevada or Texas, this month's numbers
Pick a city or a county. City figures come from Redfin's public market tracker where Redfin publishes them; every county in both states is covered through Realtor.com's inventory data on FRED. Refreshed monthly.
Choose a place above.
Sources: Redfin, a national real estate brokerage (city data) · Realtor.com via Federal Reserve Bank of St. Louis, FRED (county data). Educational context, not a valuation or a quote.
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