Sydney Andrews
Mortgage Professional
Loanenvy.com
M: (818) 359-0744
Loanenvy.com
www.loanenvy.com
License:
NMLS#47982

Summertime Data-Free Friday Mystery Box

Friday, August 21, 2026

Summertime Data-Free Friday Mystery Box

Bonds were a hair stronger overnight and are now a hair weaker at 9:15am ET. They may flip back and forth a few more times before the close. Ultimately, data-free summertime Fridays are fairly random events. If no big players have big intentions, they can fizzle sideways. But due to lower participation, if big trades come through, they can have a bigger impact than normal. As long as yields remain in the prevailing consolidation pattern, nothing of high consequence is happening.

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MBS & Treasury Markets
UMBS 5.5
99.14
-0.12 
10YR TREASURY
4.733
+0.032 
8/21/2026 12:54PM EST
MBS Alert: Slightly More Reprice Risk
Prices haven't changed much from the time of the first alert, but MBS have spent more time pushing the lows of the day. Treasuries are also suggesting a bit of extra weakness.  5.5 UMBS are now down 5 ticks (.16) on the day and versus many lenders' morning rate sheet print times. This makes negative reprices slightly more possible than they were a few hours ago.    READ MORE
Alert:
MBS Down an Eighth
MBS Morning:
Summertime Data-Free Friday Mystery Box
Today's Mortgage Rates
30YR Fixed
6.77%
+0.01% 
15YR Fixed
6.61%
+0.31% 
8/21/2026
Mortgage Rates Drift Modestly Higher
For all practical purposes, Friday's mortgage rates were unchanged versus Thursday's, but if we're splitting hairs, the average lender rose 0.01% to 6.77% for a top tier 30yr fixed.  While many news outlets continue focusing on the mid-week announcement regarding Treasury's bond buyback program, today's bond market volatility was unrelated. Current levels are close to where they were before Wednesday's announcement and that makes sense to anyone who Wednesday's marke...   READ MORE
Last Week This Week Next Week
Economic Calendar
Time Event Period Actual Forecast Prior
Friday, Aug 21
9:45AM Aug S&P Global Services PMI Aug 56.8 54 54.6
9:45AM Aug S&P Global Manuf. PMI Aug 53.2 53.9 53.9
9:45AM Aug S&P Global Composite PMI Aug 56.0 54.5
Monday, Aug 24
Sydney Andrews
Mortgage Professional
Loanenvy.com
M: (818) 359-0744
Loanenvy.com
www.loanenvy.com
License:
NMLS#47982
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Reproduction or redistribution this newsletter, outside of the distribution services provided, is prohibited. Interest rate data provided in this newsletter are national averages. Rate/APR terms may differ. All information provided "as is" for informational purposes only.