Will the U.S. 30-year Fixed-Rate Mortgage hit 5.90% (LOW) by December 31, 2026?

This market shows extreme illiquidity with zero 24-hour volume and a massive 50¢ spread despite only $15.4k open interest, suggesting the 34¢ price may not reflect true consensus. The realized volatility of 1116% and sharp 10¢ price decline over seven days indicate high uncertainty, though the neutral regime and modest 2.8 info arrivals per hour suggest no major catalysts are driving directional conviction. With 259 days to expiry and mortgage rates currently well below 5.90%, the 262% implied yield on "Yes" reflects the low probability of such a significant rate spike, but the illiquid market structure makes this price potentially unreliable for serious positioning.

Resolution rules

This market will resolve to "Yes" if, for any week ending on or before December 31, 2026, the U.S. 30-year Fixed-Rate Mortgage (interest rate %) is equal to or above the listed rate, according to the Freddie Mac weekly Primary Mortgage Market Survey. Otherwise, this market will resolve to "No." The resolution source for this market will be Freddie Mac — specifically, the 30-year Fixed Rate Mortgage rates published through the weekly Primary Mortgage Market Survey, which can be viewed at https://www.freddiemac.com/pmms. This market will resolve as soon as the 30-year Fixed-Rate Mortgage is equal to or greater than the listed price, or once data for the final week ending on or before December 31, 2026 has been published. If no data for the final week ending on or before December 31, 2026 has been published by January 14, 2027, 11:59 PM, this market will resolve based on the available data at that time. Note: All published weekly levels of the 30-year Fixed-Rate Mortgage will be treated as final. Revisions to previously published data will not be considered.

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