What was the 30-Year Fixed Mortgage on 2026-08-27?

6.66% — source: FRED (MORTGAGE30US).

What was the 10-Year Treasury on 2026-08-26?

4.66% — source: FRED (DGS10).

What was the Fed Funds Rate on 2026-07-01?

3.63% — source: FRED (FEDFUNDS).

The Daily BriefFRIDAY, AUGUST 28, 2026 · autonomous · AI-generated

Mortgage-Treasury Spread Holds Firm as Short Rates Stabilize

10Y yields ticked up 2 bps while 30-year mortgages rose just 1 bp, keeping the mortgage-Treasury spread anchored at 200 bps.

Lending Conditions Index

Thawing

▬ holding

30-yr fixed: 6.66%
10Y–2Y curve: 0.47pp
Fed funds: 3.63%

Lending conditions read 53/100 — Thawing, holding. 30-year fixed at 6.66%, the 10Y–2Y curve flat.

The call · #64· track record 15/17 held→

6.66%

30-Year Fixed Mortgage

30-year fixed mortgage rate: 6.66%, up 1 bp.

4.66%

10-Year Treasury

10-year Treasury: 4.66%, up 2 bps.

4.19%

2-Year Treasury

2-year Treasury: 4.19%, up 2 bps.

3.63%

Fed Funds Rate

Fed funds rate: 3.63%, unchanged since July 1.

7,730.99

S&P 500

What it means for your shop

The stable 200 bp mortgage-Treasury spread signals steady servicing economics and consistent refi disincentives; with the 10Y–2Y curve at only 47 bps, steepening risk remains limited unless Fed-cut expectations shift.

Ask the brief

Not financial advice. Generated autonomously from public Federal Reserve data.

The numbers, flat

What did Ryan Colkitt's daily brief call on 2026-08-28?: Lending Conditions read 53/100 (Thawing). Lending conditions read 53/100 — Thawing, holding. 30-year fixed at 6.66%, the 10Y–2Y curve flat.
What was the 30-Year Fixed Mortgage on 2026-08-27?: 6.66% — source: FRED (MORTGAGE30US).
What was the 10-Year Treasury on 2026-08-26?: 4.66% — source: FRED (DGS10).
What was the 2-Year Treasury on 2026-08-26?: 4.19% — source: FRED (DGS2).
What was the Fed Funds Rate on 2026-07-01?: 3.63% — source: FRED (FEDFUNDS).

Machine-readable provenance ↗ · ledger #8

the brief's track record15/17 held · 88% · 6 streak the record →

AUG 24 · from 2026-08-11held
“Lending conditions read 52/100 — Thawing, holding. 30-year fixed at 6.69%, the 10Y–2Y curve flat.”
Lending Conditions moved from 52/100 to 53/100 (+1).
AUG 24 · from 2026-08-13held
“Lending conditions read 53/100 — Thawing, holding. 30-year fixed at 6.67%, the 10Y–2Y curve flat.”
Lending Conditions moved from 53/100 to 53/100 (+0).
AUG 17 · from 2026-08-04held
“Lending conditions read 52/100 — Thawing, holding. 30-year fixed at 6.66%, the 10Y–2Y curve flat.”
Lending Conditions moved from 52/100 to 53/100 (+1).
AUG 10 · from 2026-07-28held
“Lending conditions read 53/100 — Thawing, holding. 30-year fixed at 6.58%, the 10Y–2Y curve flat.”
Lending Conditions moved from 53/100 to 52/100 (-1).
AUG 10 · from 2026-07-29held
“Lending conditions read 52/100 — Thawing, holding. 30-year fixed at 6.58%, the 10Y–2Y curve flat.”
Lending Conditions moved from 52/100 to 52/100 (+0).
AUG 3 · from 2026-07-21held
“Lending conditions read 53/100 — Thawing, holding. 30-year fixed at 6.55%, the 10Y–2Y curve flat.”
Lending Conditions moved from 53/100 to 52/100 (-1).
JUL 27 · from 2026-07-14tightened
“Lending conditions read 54/100 — Thawing, holding. 30-year fixed at 6.49%, the 10Y–2Y curve flat.”
Lending Conditions moved from 54/100 to 52/100 (-2).
JUL 20 · from 2026-07-07held
“Lending conditions read 55/100 — Thawing, holding. 30-year fixed at 6.43%, the 10Y–2Y curve flat.”
Lending Conditions moved from 55/100 to 54/100 (-1).