Mortgage and refinance interest rates today, March 3, 2026: War worries pressure mortgage rates

The military action in Iran is causing investors to sell just about everything — including bonds. The yield on the 10-year Treasury, a directional benchmark for mortgage rates, is higher again today. Mortgage rates are beginning to react. According to Zillow, the average 30-year fixed rate is 5.91% Tuesday morning, up 11 basis points from yesterday. Mortgage rates are reported by various sources, using different methodologies. Zillow's rates are usually lower than those reported by Freddie Mac and elsewh ...