Why did mortgage rates move after CPI cooled to 2.4%?

Lower inflation reduces the need for higher policy rates, which pressures government bond yields down. Cheaper funding and tighter spreads then filter into retail loans. Lenders adjust quotes as markets reprice. Mortgage rates today reflect that chain, though changes vary by lender, points, credit score, and loan-to-value.

How close is the U.S. 30-year mortgage rate to 6%, and why does it matter in Germany?

Many U.S. lenders now quote near 6% after cooler inflation. Germany does not price off U.S. rates, but global disinflation can support lower Bund and euro swap yields. If those benchmarks fall, German fixed offers can improve. Timing and size of any cut depend on each lender’s funding and margins.

What do Canadian bond yields imply for refinance rates today?

Canadian bond yields guide many five-year fixed mortgages. When yields fall, lenders often reprice with a lag, improving refinance rates today for qualified borrowers. The pass-through is not one-to-one. It depends on lender funding, competition, and risk appetite, but easing yields increase the odds of better offers.

Should I lock a mortgage rate now or wait in Germany?

If a current quote meets your budget and timelines, locking reduces risk. If you expect declines, consider a shorter lock, a float-down, or a forward option for upcoming renewals. Always compare several lenders, model total costs, and set alert levels so you can act quickly when pricing improves.

Global Market Insights

Mortgage Rates Today, February 16: CPI Cooldown Pulls 30-Year Near 6%

ByDanny Kontos February 16, 2026February 16, 2026

Mortgage rates today are easing after headline CPI cooled to 2.4% year over year. U.S. 30-year mortgage quotes are drifting toward 6%, and lenders in Canada are signaling small pass-through cuts. For Germany, softer global yields can support lower euro swap rates, which drive many fixed loans. We explain how this shift could trim monthly payments, what refinance options exist, and the signals to watch in spring as housing pipelines improve and buyer interest rebuilds.