First things first: when we reference average, daily, top-tier 30yr fixed rates, it is for an ideal scenario that rarely exists in the wild. The average scenario will always involve slightly higher effective rates (i.e. even if the rate is the same as national averages, it would involve additional upfront costs). As a reminder, our daily rate index accounts for upfront costs whereas Freddie Mac's weekly survey rate does not. MBA's weekly rate survey collects separate answers for rates vs upfront costs. Bottom line, while the daily index rose into the 6.9's today for the first time in more than year, many borrowers are already seeing rates at 7% or higher. [thirtyyearmortgagerates]

September 2, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 6.91% +0.02%   5.99% 6.91% 15 Yr. Fixed 6.50% +0.11%   5.55% 6.5% 30 Yr. Jumbo 7.00% +0.08%   6.1% 7% Compare Mortgage Rates from Local Lenders for Sep 2, 2026 Mortgage Rates Approaching 7% Wed, Sep 2, 2026 3:08PM First things first: when we reference average, daily, top-tier 30yr fixed rates, it is for an ideal scenario that rarely exists in the wild. The average scenario will always involve slightly higher effective rates (i.e. even if the rate is the same as national averages, it would involve additional upfront costs). As a reminder, our daily rate index accounts for upfront costs whereas Freddie Mac's weekly survey rate does not. MBA's weekly rate survey collects separate answers for rates vs upfront costs. Bottom line, while the daily index rose into the 6.9's today for the first time in more th... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 6.91% +0.02 0.00 15 Yr. Fixed 6.50% +0.11 0.00 30 Yr. FHA 6.45% +0.04 0.00 30 Yr. Jumbo 7.00% +0.08 0.00 7/6 SOFR ARM 6.51% +0.06 0.00 30 Yr. VA 6.47% +0.04 0.00 Updates Daily - Last Update: 9/2 Freddie Mac Rate Change Points 30 Yr. Fixed 6.66% +0.01 0.00 15 Yr. Fixed 5.98% +0.03 0.00 Updates Weekly - Last Update: 8/27 Mortgage Bankers Assoc. 30 Yr. Fixed 6.78% +0.01 0.66 15 Yr. Fixed 6.10% +0.02 0.90 30 Yr. Jumbo 6.73% +0.02 0.50 Updates Weekly - Last Update: 8/26 UMBS 30YR 5.5 98.84 +0.02   98.67 101.64 UMBS 30YR 6.0 101.01 +0.01   100.90 102.75 10 YR Treasury 4.775 -0.006   3.948 4.803 No News is Good News Wed, Sep 2, 2026 10:32AM Bonds were initially a hair weaker overnight but reversed course starting around 7am ET as oil prices fell. On the other hand, oil had already begun moving lower earlier in the overnight session without a proportional response in bonds. In other words, there was some extra oomph behind the 7am move. This could be as simple as different traders being awa... (read more) MBS Price Change UMBS 5.0 96.32 +0.01 UMBS 5.5 98.84 +0.02 UMBS 6.0 101.01 +0.01 GNMA 5.0 96.64 +0.04 GNMA 5.5 99.10 +0.03 GNMA 6.0 101.15 +0.02 Pricing as of: 9/3 1:46AM EST US Treasury Yield Change 2 YR Treasury 4.369 -0.009 5 YR Treasury 4.530 -0.001 7 YR Treasury 4.644 -0.005 10 YR Treasury 4.774 -0.007 30 YR Treasury 5.248 -0.010 Pricing as of: 9/3 1:46AM EST Other News HELOC, TPO, API, Non-Agency Products; Webcasts; Why Rates Are Where They Are: We're Not Alone Wed, Sep 2, 2026 11:25AM I’ve been in capital markets for over 40 years, and this rate and affordability environment is tough. Any lender who finds these higher rates boring, well, don’t hold your breath waiting for them to come down.) Principal, interest, taxes, and insurance (PITA) is only part of the affordability equation, but market forces determine long term rates, not the gov... (read more) Latest Video New York Fed President John Williams: Higher bond yields come with a strong... Bond markets are worried about inflation and deficits, says WSJ's Greg Ip U.S. factory orders come in at 0.9%, above estimates Fed's Beige Book reports economic activity increased modestly Around the Web Investing Live Will the Fed raise rates in September? Eye on Housing House Price Appreciation by State and Metro Area in the Second Quarter of 2026 CNBC New York Fed's Williams says yield surge due to strong economic prospects CNBC Demand for riskier mortgages rises along with interest rates BLS Utilities fastest job growth, private healthcare and social assistance most new jobs, projected 2025–35 Investing Live US factory orders for the month of July 0.9% versus 0.6% expected CNBC Private payrolls rose by 38,000 in August, fewer than expected, ADP reports CNBC Bond market selloff: What fixed-income investors can do to protect their money without panicking Eye on Housing Number of Open Construction Sector Positions Rising Atlanta Fed US Atlanta Fed GDPNow Q3: 4.82% (prev 4.40%) Eye on Housing Private Residential Construction Spending Continues to Weaken CNBC Treasury yields rise as global bond sell-off continues Reuters Trump aides seek 'quiet' in Iran war but say attacks may intensify after November elections

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