You may have seen other headlines today that reference 30yr fixed rates of 6.76%. Those stories would be citing Freddie Mac's weekly rate survey which is an average of the 5 business days (4 in this case, due to the holiday) ending yesterday (September 9th). Because of that methodology, the number lags reality. Today alone, the average lender moved up 0.125% in rate. In addition, Freddie no longer accounts for "points" (additional money paid upfront for a lower rate). In other words, 6.75% with one point is roughly the same rate as 7.00% with no points.  As a reminder, our daily rate index accounts for the impact of points so day to day comparisons are always apples to apples.  With all that in mind, today's average top-tier 30yr fixed rate is up to 7.07% from 6.97% yesterday and 6.89% the day before. This is a substantial 2-day change and the highest rate we've seen since May 21, 2025. While some people are erroneously talking about last night's news regarding $5k payments from the President, there are only two real factors that account for a vast majority of the upward movement. The first was yet another surge in fuel prices. The second was a poorly received Producer Price Index this morning (an inflation report that contributes to the even more important PCE inflation data due out at the end of the month). [thirtyyearmortgagerates]

September 10, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 7.07% +0.10%   5.99% 7.07% 15 Yr. Fixed 6.62% +0.08%   5.55% 6.62% 30 Yr. Jumbo 7.20% +0.05%   6.1% 7.2% Compare Mortgage Rates from Local Lenders for Sep 10, 2026 30yr Fixed Rates Jump to 7.07% Thu, Sep 10, 2026 2:44PM You may have seen other headlines today that reference 30yr fixed rates of 6.76%. Those stories would be citing Freddie Mac's weekly rate survey which is an average of the 5 business days (4 in this case, due to the holiday) ending yesterday (September 9th). Because of that methodology, the number lags reality. Today alone, the average lender moved up 0.125% in rate. In addition, Freddie no longer accounts for "points" (additional money paid upfront for a lower rate). In other words, 6.75% with one point is roughly the same rate as 7.00% with no points.  As a reminder, our daily rate in... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 7.07% +0.10 0.00 15 Yr. Fixed 6.62% +0.08 0.00 30 Yr. FHA 6.62% +0.12 0.00 30 Yr. Jumbo 7.20% +0.05 0.00 7/6 SOFR ARM 6.62% +0.09 0.00 30 Yr. VA 6.64% +0.12 0.00 Updates Daily - Last Update: 9/10 Freddie Mac Rate Change Points 30 Yr. Fixed 6.76% +0.05 0.00 15 Yr. Fixed 6.09% +0.05 0.00 Updates Weekly - Last Update: 9/10 Mortgage Bankers Assoc. 30 Yr. Fixed 6.79% +0.01 0.65 15 Yr. Fixed 6.14% +0.04 0.86 30 Yr. Jumbo 6.76% +0.03 0.40 Updates Weekly - Last Update: 9/2 UMBS 30YR 5.5 97.63 -0.81   97.63 101.64 UMBS 30YR 6.0 100.03 -0.73   100.03 102.75 10 YR Treasury 4.947 +0.107   3.948 4.947 Sharply Weaker Again. Half Oil. Half PPI Thu, Sep 10, 2026 9:18AM It's been a rough couple of days for the bond market. Yesterday, it was Bessent and the reaction to the Treasury buyback announcement. Today it is an overnight surge in oil prices and a lackluster reaction to the Producer Price Index (PPI). PPI doesn't tend to move markets as much as CPI (due out tomorrow), but it certainly can for two reasons: on the rare o... (read more) MBS Price Change UMBS 5.0 94.93 -0.92 UMBS 5.5 97.59 -0.84 UMBS 6.0 100.03 -0.73 GNMA 5.0 95.51 -0.67 GNMA 5.5 98.12 -0.67 GNMA 6.0 100.52 -0.41 Pricing as of: 9/10 3:31PM EST US Treasury Yield Change 2 YR Treasury 4.560 +0.122 5 YR Treasury 4.744 +0.125 7 YR Treasury 4.841 +0.114 10 YR Treasury 4.949 +0.110 30 YR Treasury 5.361 +0.070 Pricing as of: 9/10 3:31PM EST Other News Financing, Settlement, Processing Tools; Credit Score Tumult; Treasury Buybacks Thu, Sep 10, 2026 11:43AM Here in San Antonio, TX, interest rates are obviously part of mortgage event discussion. (On today’s The Big Picture Guild’s David Battany will be discussing rates and recent developments impacting them with Robbie C. and me.) Here’s what happens when you mix campaign promises, mortgage rates and the markets. Texas is a border state, obviously impacted by ch... (read more) Latest Video Existing home sales fall 2% in August, hitting lowest level in over a year Weekly jobless claims come in at 206k vs. 205K estimated Fed Chairman Warsh: Progress in AI has been faster than predicted a couple ... Wholesale inventories rose 1.3% in July, highest level since March Around the Web CNBC The likelihood of a Fed interest rate hike next week just got a lot higher CNBC 30-year fixed mortgage rate tops 7% for the first time in over a year Investing Live US treasury sells $22 billion of 30 year bonds at a high yield of 5.308% Investing Live US August existing home sales 3.98m vs 3.98m expected Investing Live Wholesale prices rose 0.4% in August, as expected CNBC Treasury Department to buy back $6 billion in longer-term debt, triple the normal level Investing Live US sells 10-year notes at 4.834% vs 4.849% WI CNBC Bessents political turn in GOP speech tests his bond-market credibility Investing Live Jobless claims show steady US employment picture. Initial claims 206K vs 205k estimate CNBC Treasury yields steady as investors await key wholesale inflation data CBO US August Budget Deficit $168b BLS Unemployment rates lower in 241 metro areas, up in 128, over year ended July 2026 Eye on Housing Energy Prices Rise Again in August

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