{
  "id": 7580692,
  "title": "Why are US mortgage rates rising again as 10-year Treasury yields hit a 19-year high?",
  "url": "https://urgent.news/2026/09/15/why-are-us-mortgage-rates-rising-again-as-10-year-treasury-yields-hit",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T15:56:43.000Z",
  "source": {
    "name": "Hindustan Times - World News",
    "slug": "hindustan-times-world-news",
    "url": "https://www.hindustantimes.com/world-news/us-news/why-are-us-mortgage-rates-rising-again-as-10-year-treasury-yields-hit-a-19-year-high-101789486442543.html"
  },
  "original_language": "en",
  "account": "US mortgage rates are rising once more as Treasury yields climb to their highest level since 2007, according to Zillow data. The average 30-year fixed purchase rate is now 7.195%, while the 30-year refinance rate stands at 7.287% and the 15-year mortgage rate is 6.349%. This upward trend is primarily driven by the surge in the 10-year US Treasury yield.\n\nMortgage rates typically align with the yield on 10-year Treasury notes. When these yields increase, mortgage rates generally follow suit. Mortgage rates are not directly determined by the Federal Reserve's policy rate, but rather by longer-term borrowing costs, especially the 10-year Treasury yield. When Treasury yields rise, mortgage rates usually move higher as well.\n\nThe Federal Reserve's forthcoming policy decision is also a factor, with markets anticipating a possible interest rate hike. This expectation has further pushed Treasury yields and mortgage rates upwards.\n\nThe ongoing US-Iran war has added to the inflationary pressures, which have kept inflation at 3.4% annually, above the Federal Reserve's target of 2%. The conflict has led to a spike in oil prices, with Brent crude reaching $100 a barrel for the first time since July, heightening concerns about inflation and the Fed's rate hike expectations.\n\nMoreover, the Treasury's recent bond buyback programme, aimed at lowering Treasury yields, fell short of expectations. This smaller-than-anticipated buyback contributed to the upward pressure on Treasury yields and mortgage rates.\n\nThe interconnected factors of inflation, oil prices, and the Federal Reserve's rate hike expectations are influencing mortgage rates. Homebuyers will need to monitor these elements closely, as the 10-year Treasury yield remains elevated, potentially causing sustained pressure on mortgage borrowers.",
  "summary": "US mortgage rates are rising as 10-year Treasury yields hit a 19-year high, driven by inflation, oil prices and rising Fed rate hike expectations.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "Fortune",
        "title": "As 10-year Treasury yield hits 5%, debt hawks are eyeing a national debt spiral: ‘If this isn’t a wake-up call, I don’t know what will be’",
        "url": "https://urgent.news/2026/09/15/as-10-year-treasury-yield-hits-5-debt-hawks-are-eyeing-a-national",
        "published": "2026-09-15T10:48:39.000Z"
      },
      {
        "outlet": "Quartz",
        "title": "Stock futures slip as 10-year Treasury yield hits 19-year high",
        "url": "https://urgent.news/2026/09/15/stock-futures-slip-as-10-year-treasury-yield-hits-19-year-high",
        "published": "2026-09-15T11:30:48.000Z"
      },
      {
        "outlet": "Hindustan Times - World News",
        "title": "US 10-year Treasury yield hits 5%: Will oil prices and Fed rate decision push yields even higher?",
        "url": "https://urgent.news/2026/09/15/us-10-year-treasury-yield-hits-5-will-oil-prices-and-fed-rate",
        "published": "2026-09-15T11:43:06.000Z"
      },
      {
        "outlet": "Yahoo Finance",
        "title": "10-year Treasury yield hits highest level since 2007",
        "url": "https://urgent.news/2026/09/15/10-year-treasury-yield-hits-highest-level-since-2007",
        "published": "2026-09-15T12:19:42.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "US dollar ticks up as oil prices climb, Fed rate hike chances firm",
        "url": "https://urgent.news/2026/09/15/us-dollar-ticks-up-as-oil-prices-climb-fed-rate-hike-chances-firm",
        "published": "2026-09-15T12:26:20.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "US 10-year Treasury yield hits 19-year high with Fed decision eyed",
        "url": "https://urgent.news/2026/09/15/us-10-year-treasury-yield-hits-19-year-high-with-fed-decision-eyed",
        "published": "2026-09-15T16:17:02.000Z"
      },
      {
        "outlet": "The Economic Times - Top News",
        "title": "US 10-year Treasury bonds hit 19-year high ahead of Fed rate decision",
        "url": "https://urgent.news/2026/09/15/us-10-year-treasury-bonds-hit-19-year-high-ahead-of-fed-rate-decision",
        "published": "2026-09-15T16:36:04.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "10-year note hits 19-year high with Fed decision eyed",
        "url": "https://urgent.news/2026/09/15/10-year-note-hits-19-year-high-with-fed-decision-eyed",
        "published": "2026-09-15T16:39:55.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}