What the Spread Between the 10-Year Treasury and Mortgage Rates Is Telling Buyers in 2026

The 10-year Treasury–mortgage spread is still 2.5–2.7 points wide in 2026. When it normalizes, borrowers could save $150–$300 a month—here's how to track it.

The 10-year Treasury–mortgage spread is still 2.5–2.7 points wide in 2026. When it normalizes, borrowers could save $150–$300 a month—here's how to track it.