(NOTE: This article was updated  at 5:30pm from the version originally published at 2:36pm ET to reflect late day rate improvements). Mortgage rates have risen more than half a point in 2 weeks. While that's certainly not the fastest jump we've seen, it is an extraordinarily uncommon pace--happening less than once per year on average (i.e. it only happened 3 times between 2010 and 2019). Today's initial increase was modest in the bigger picture, adding only 0.04% to yesterday's levels and leaving the average top-tier 30yr fixed rate still just a hair below 7.50%. This is roughly in line with the highs from early 2024 and still well below the highs of 8% seen in October 2023. Much of that initial 0.04% increase can be thought of as a hangover from yesterday's volatility. In fact, the underlying bond market had already improved day-over-day at the time we marked the 0.04% increase. Thankfully, additional gains in the afternoon led lenders to drop rates back below yesterday's latest levels. The final mark was 7.43% for the average lender. [thirtyyearmortgagerates] Whether this friendly bounce means anything about the road ahead is a different matter. If traders knew what the road ahead looked like with any certainty, they wouldn't sit on their hands and lose money between now and then. In other words, anything that you or I can conclude about the near-term future is already priced-in to current levels. The next leg higher or lower for rates will likely be determined by a combination of economic data that hasn't come out yet and war-related headlines that could either help or hurt the fuel price outlook. Next week is a big week for econ data and every week brings new potential for oil price fluctuations these days. In addition, the month/quarter end trading environment increases the risk of volatility regardless of directional cues from data/events.

September 25, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 7.43% -0.02%   5.99% 7.45% 15 Yr. Fixed 7.10% +0.00%   5.55% 7.1% 30 Yr. Jumbo 7.55% +0.00%   6.1% 7.55% Compare Mortgage Rates from Local Lenders for Sep 25, 2026 Mortgage Rates Had a Better Day, Ultimately Dropping Just Slightly Fri, Sep 25, 2026 2:36PM (NOTE: This article was updated  at 5:30pm from the version originally published at 2:36pm ET to reflect late day rate improvements). Mortgage rates have risen more than half a point in 2 weeks. While that's certainly not the fastest jump we've seen, it is an extraordinarily uncommon pace--happening less than once per year on average (i.e. it only happened 3 times between 2010 and 2019). Today's initial increase was modest in the bigger picture, adding only 0.04% to yesterday's levels and leaving the average top-tier 30yr fixed rate still just a hair below 7.50%. This is roughly in li... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 7.43% -0.02 0.00 15 Yr. Fixed 7.10% 0.00 0.00 30 Yr. FHA 7.15% +0.10 0.00 30 Yr. Jumbo 7.55% 0.00 0.00 7/6 SOFR ARM 6.85% +0.15 0.00 30 Yr. VA 7.17% +0.10 0.00 Updates Daily - Last Update: 9/25 Freddie Mac Rate Change Points 30 Yr. Fixed 7.03% +0.08 0.00 15 Yr. Fixed 6.42% +0.16 0.00 Updates Weekly - Last Update: 9/24 Mortgage Bankers Assoc. 30 Yr. Fixed 7.12% +0.15 0.73 15 Yr. Fixed 6.43% +0.13 1.15 30 Yr. Jumbo 7.15% +0.12 0.53 Updates Weekly - Last Update: 9/24 UMBS 30YR 6.0 98.83 +0.64   98.27 102.75 UMBS 30YR 6.5 101.22 +0.59   100.69 104.00 10 YR Treasury 5.164 -0.037   3.948 5.188 More Mid-Morning Selling, But MBS Outperforming Fri, Sep 25, 2026 11:00AM 10yr yields began the morning in slightly stronger territory, generally following a modest decline in oil prices overnight. That trend actually ran its course by 5am ET and yields began rising gradually at that time. Sellers picked up the pace after 10am (partly oil-related, but certainly also plenty of bond-specific selling pressure). Yields are now up a fe... (read more) MBS Price Change UMBS 5.5 96.30 +0.64 UMBS 6.0 98.84 +0.65 UMBS 6.5 101.23 +0.61 GNMA 5.5 96.60 +0.80 GNMA 6.0 99.01 +0.77 GNMA 6.5 101.04 +0.57 Pricing as of: 9/25 6:20PM EST US Treasury Yield Change 2 YR Treasury 4.859 -0.067 5 YR Treasury 4.991 -0.063 7 YR Treasury 5.074 -0.054 10 YR Treasury 5.160 -0.041 30 YR Treasury 5.494 +0.016 Pricing as of: 9/25 6:20PM EST Other News Cotality's Product Array; NEXA on the Move, Mike Kortas Interview; AI and Experimentation Fri, Sep 25, 2026 11:55AM “Hey, it’s either network or no work.” For lenders, networking is an important part of their business. In addition, generally speaking, renters are prime “feeding grounds” for loan originators searching for clients. But there’s some disturbing signs out there: what if renters can’t even afford their rent? I was talking to a successful LO recently who uttered... (read more) Latest Video Realtor.com's Joel Berner on high mortgage rates: It's a difficult time to ... Coldwell Banker Realty CEO on housing market: Consumers are reacting to ris... Stocks pop, oil prices fall on report U.S.-Iran talks entered technical sta... September consumer sentiment exceeds estimates Around the Web Investing Live Tehran describes talks atmosphere as increasingly positive - report CNBC Surging Treasury yields are posing a brand new problem for Kevin Warsh and the Fed NY Fed US NY Fed GDP Nowcast Q3: 2.33% (prev 2.33%) Investing Live September final UMich consumer sentiment 48.1 vs 47.6 expected Investing Live US August durable goods orders 0.0% vs -0.4% expected Investing Live US treasury sells $44 billion of 7 year notes at a high yield of 5.085% Investing Live US treasury sells $70 billion of 5 year notes at a high yield of 5.033% CNBC U.S. Treasury yields tick higher as global bond rout slows CNBC Philadelphia Fed's Anna Paulson says 'modest' rate moves likely ahead to tame inflation Investing Live US new-home sales for the month of August 0.684 million versus 0.615 million estimate Eye on Housing State and Local Government Tax Revenue Grows CNBC Treasury yields continue to rise after 10-year hit 19-year high as investors ramp-up rate hike bets Investing Live US initial jobless claims 197K vs 201K expected

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