Market Summary Report

Robert Shamie

Fidelity Residential

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Some Pros and Cons in Today's Weakness

Thursday, August 27, 2026

Some Pros and Cons in Today's Weakness

Bonds lost ground today, but it wasn't necessarily an unequivocally bad day. Yields were close to yesterday's lows just before this morning's PCE data came out and only moved higher after that. If the data had been better, it's possible today could have started on a stronger note. Oil price volatility was the other notable factor with prices moving up roughly $3 between 5am and noon ET. In light of both of those headwinds, bonds actually lost minimal ground and managed to hold below yesterday's high yields with multiple ceiling bounces at 4.67% in the 10yr. If we see weaker data and lower oil prices ahead, there's no reason to think bonds couldn't challenge this week's best levels again.

Latest Video Analysis

Pros and Cons in Today's Weakness

MBS & Treasury Markets

UMBS 5.5

99.44

-0.10

10YR TREASURY

4.658

+0.009

8/27/2026 12:43AM EST

MBS Update: Heads Up: Weakest Levels But 10yr Holding

There as a moment of volatility right after the 5yr Treasury auction, but both 5yr and 10yr Treasuries are holding in line with the AM highs. 5.5 MBS are another 1 tick (.03) lower than the AM lows and have been flirting with an eighth of a point of weakness versus the 11am highs. Negative reprices are not yet justified by these losses. It would take another 2 ticks (.06) for that to change. READ MORE

MBS Morning:

Bonds Pouting After Higher PCE

MBS Morning:

Oil Down, Yields Down

Today's Mortgage Rates

30YR Fixed

6.75%

+0.01%

15YR Fixed

6.32%

+0.01%

8/26/2026

Mortgage Rates Lower or Higher, Depending on When You Look

Intraday volatility in the bond market can make it tricky to track day over day changes in mortgage rates . Lenders publish the day's first rates based on bond market prices around 9:30-10:00am ET, but things can change if bonds move enough. Yesterday, bonds improved enough in the afternoon for many lenders to offer lower rates. If we compare today's rates to yesterday afternoon's better examples, we're slightly worse off now. But if we compare to yesterday morning, ... READ MORE

Last Week This Week Next Week

Economic Calendar

Time	Event	Period	Forecast	Prior
Thursday, Aug 27
8:30AM	Aug/22 Jobless Claims (k)	Aug/22	208K	206K
8:30AM	Aug/15 Continued Claims (k)	Aug/15	1790K	1799K
1:00PM	7-Yr Note Auction (bl)		44
8:00PM	Jackson Hole Symposium
Friday, Aug 28
9:45AM	Aug Chicago PMI	Aug	57	57.6
10:00AM	Aug Consumer Sentiment (ip)	Aug	51.0	55.2
10:00AM	Aug Sentiment: 1y Inflation (%)	Aug	4.3%	4.2%
10:00AM	Aug U Mich conditions	Aug	51.8	54.8
10:00AM	Aug Sentiment: 5y Inflation (%)	Aug	3.3%	3.3%
10:00AM	Non Farm Payrolls Annual Revision (k)			-911K
10:00AM	Fed Chair Warsh Speech
8:00PM	Jackson Hole Symposium

Robert Shamie

Fidelity Residential

P: (732) 686-9999 x101

M: (732) 859-2400

https://fidresi.com

Apply Now

Google

Zillow

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The interest rate data provided in this newsletter are national averages from independent data sources. Rate/APR terms may differ from those listed above based on the creditworthiness of the borrower. All information provided "as is" for informational purposes only, not intended for trading purposes or financial advice.

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.