Today: 16 March 2026
Subscribe
Browse Category

OTCQX:FMCC 16 March 2026

Mortgage Rates Today: 30-Year Fixed Slips From Recent Highs as Treasury Yields Fall, Mortgage Stocks Split

Mortgage Rates Today: 30-Year Fixed Slips From Recent Highs as Treasury Yields Fall, Mortgage Stocks Split

U.S. 30-year fixed mortgage rates fell to 6.36% Monday, down from 6.41% Friday, as the 10-year Treasury yield slipped to 4.224%. Existing-home sales rose 1.7% in February, while mortgage applications and builder sentiment showed uneven demand. Rocket Companies shares gained 4.5%, but UWM Holdings and loanDepot declined. Markets expect the Fed to hold rates steady this week.
16 March 2026
··

Stock Market Today

  • Stocks Rise as Fed Meeting Starts, Oil Prices Drop on Strait of Hormuz Tensions
    March 16, 2026, 5:18 PM EDT. Stocks opened higher after three consecutive weekly losses, driven by bargain hunters ahead of the Federal Reserve's policy meeting starting Tuesday. The Dow Jones rose 0.8%, the S&P 500 gained 1.0%, and Nasdaq climbed 1.2%, led by Nvidia's 1.7% increase following its AI-focused GTC 2026 event. Oil prices fell 5.3%, with WTI crude settling at $95.50 per barrel, after former President Trump urged global cooperation to secure the Strait of Hormuz amid regional tensions. Market expectations shifted, delaying the anticipated Fed rate cut to September 2026 due to inflation concerns tied to energy prices. Sherwin-Williams shares rose 0.9% after an analyst highlighted a buying opportunity despite recent declines amid housing market pressure.
Go toTop