Mortgage and refinance rates today, March 7, 2026: Rates rise as bond yields rise.
Mortgage rates have risen as the bond market digested developments in the Middle East. Higher oil prices sparked fears of inflation and bond yields soared. According to Zillow Lender Marketplace, the current 30-year fixed rate is 5.98%17 basis points more than last weekend. The 15-year fixed rate rises 18 basis points to 5.50%. Here are…