More than a few media outlets will tell you that 30yr fixed mortgage rates are just now moving over 7% based on the fact that Freddie Mac's weekly rate survey hit 7.03%, up from 6.95% last week.  Before continuing, let's be clear that Freddie's weekly rates are a valuable resource for long-term, big picture analysis. But the survey is not an ideal tool to keep track of where rates are on any given day. There are a few reasons for this, but the easiest to understand is that today's update from Freddie is calculated from an average of rates seen between last Wednesday and yesterday. In other words, it hasn't even measured what rates did today, not to mention the fact that the number is artificially dragged down by lower rates earlier on in the 5-day cycle. In daily terms, 7% was first broken back on September 10th following inflation reports that raised the risk of the Fed rate hike seen last week. A combination of Fed comments, higher oil prices, and stronger economic data have added to the pain since then. As of yesterday, our daily rate index was already up to 7.26%. Today, it's up to 7.45%. [thirtyyearmortgagerates] It is still definitely possible for a mortgage NOTE RATE to be quoted in the high 6% range today, but 7.45% is the rate that captures an apples to apples comparison to all of the past daily rate index entries we've published over the years. A rate that's near or under 7% would require additional upfront points/costs/buydown relative to the average rate quote methodology. Our index automatically takes points/buydown into account in order to capture the true change in rates over time.

September 24, 2026 Download our Mobile App: Download our Mobile App: 30 Yr. Fixed 7.45% +0.19%   5.99% 7.45% 15 Yr. Fixed 7.10% +0.23%   5.55% 7.1% 30 Yr. Jumbo 7.55% +0.15%   6.1% 7.55% Compare Mortgage Rates from Local Lenders for Sep 24, 2026 Mortgage Rates Now Close to 7.5% Thu, Sep 24, 2026 3:44PM More than a few media outlets will tell you that 30yr fixed mortgage rates are just now moving over 7% based on the fact that Freddie Mac's weekly rate survey hit 7.03%, up from 6.95% last week.  Before continuing, let's be clear that Freddie's weekly rates are a valuable resource for long-term, big picture analysis. But the survey is not an ideal tool to keep track of where rates are on any given day. There are a few reasons for this, but the easiest to understand is that today's update from Freddie is calculated from an average of rates seen between last Wednesday and yesterday. In oth... (read more) Mortgage News Daily Rate Change Points 30 Yr. Fixed 7.45% +0.19 0.00 15 Yr. Fixed 7.10% +0.23 0.00 30 Yr. FHA 7.05% +0.18 0.00 30 Yr. Jumbo 7.55% +0.15 0.00 7/6 SOFR ARM 6.70% -0.06 0.00 30 Yr. VA 7.07% +0.18 0.00 Updates Daily - Last Update: 9/24 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 98.19 -0.72   98.19 102.75 UMBS 30YR 6.5 100.61 -0.65   100.61 104.00 10 YR Treasury 5.208 +0.096   3.948 5.208 Slightly Stronger Start Despite Higher Oil Prices Thu, Sep 24, 2026 9:34AM Let's not get too excited. After all, today's yields are the second highest in 19 years, but still... this morning's price action is better than a sharp stick in the eye. Bonds held almost perfectly flat in the overnight session and Fed rate expectations tempered yesterday's exuberance a bit (hence, 2yr yields are down 3-4bps more than 10yr yields). The refr... (read more) MBS Price Change UMBS 5.5 95.67 -0.71 UMBS 6.0 98.20 -0.71 UMBS 6.5 100.62 -0.64 GNMA 5.5 95.81 -0.84 GNMA 6.0 98.23 -0.83 GNMA 6.5 100.62 -0.40 Pricing as of: 9/24 5:56PM EST US Treasury Yield Change 2 YR Treasury 4.924 +0.029 5 YR Treasury 5.063 +0.069 7 YR Treasury 5.128 +0.075 10 YR Treasury 5.205 +0.093 30 YR Treasury 5.484 +0.085 Pricing as of: 9/24 5:56PM EST Other News Verification, MERS Review, AI, LOS, Compliance Tools; KBW's Bose George Interview Thu, Sep 24, 2026 11:40AM When in doubt, hold a conference. It is an aging group of attendees… exhibitors’ displays and giveaways tell the tale. Frisbees have been replaced with reading glasses. Golf balls by nail files and hangover remedy pouches. MBA cut its 2027 forecast to $2.101 trillion; $634 billion is what the Mortgage Bankers Association now expects Americans to refinance in... (read more) Latest Video Coldwell Banker Realty CEO on housing market: Consumers are reacting to ris... Philadelphia Fed’s Anna Paulson says ‘modest’ rate moves likely ahead to ta... August new home sales beat estimates Former Kansas City Fed Pres. George: Now's the time to be vigilant about th... Around the Web CNBC Surging Treasury yields are posing a brand new problem for Kevin Warsh and the Fed Investing Live US treasury sells $44 billion of 7 year notes at a high yield of 5.085% CNBC Philadelphia Fed's Anna Paulson says 'modest' rate moves likely ahead to tame inflation Investing Live US treasury sells $70 billion of 5 year notes at a high yield of 5.033% CNBC Market sees next Fed hike in October, following Barr comments and hot inflation reading Investing Live US initial jobless claims 197K vs 201K expected Investing Live US new-home sales for the month of August 0.684 million versus 0.615 million estimate CNBC Nearly 10% of borrowers opted for riskier mortgages last week, as rates soared over 7% CNBC Treasury yields continue to rise after 10-year hit 19-year high as investors ramp-up rate hike bets S&P Global US business activity growth accelerated for a fourth successive month in September Investing Live US dollar rises as Treasury yields climb and Fed hike odds increase Eye on Housing Q2 2026 Remodeling Market Update: Labor and Nonlabor Input Costs CNBC Treasury yields edge lower as Brent crude falls below $99

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