What is the average 30-year fixed mortgage rate today, September 10, 2026?

The national average 30-year fixed mortgage rate is 6.83% as of September 4, 2026, the most recent daily reading from Bankrate.com (Bankrate, September 4, 2026). The rate climbed 10 basis points from a week earlier, when the average was 6.73%. Freddie Mac's Primary Mortgage Market Survey (PMMS) reported 6.71% for the week ending September 3, 2026, up from 6.66% the prior week (Freddie Mac PMMS, September 3, 2026). HousingWire's Mortgage Rates Center, which analyzes locked loan rates across all borrower credit profiles, showed 30-year conforming rates at 7.06% on September 1, 2026 (HousingWire, September 1, 2026) — the highest sustained level since June 2025. NerdWallet's daily average was 6.74% APR on September 5, 2026 (NerdWallet, September 2026). Differences between sources reflect different methodologies: Bankrate and NerdWallet use national lender rate-sheet averages, Freddie Mac PMMS focuses on 20%-down, excellent-credit conforming loans, and HousingWire uses locked loan data.

What is the current 15-year fixed mortgage rate on September 10, 2026?

The 15-year fixed mortgage rate averaged 6.04% APR as of September 5, 2026, according to NerdWallet (NerdWallet, September 2026). The rate held steady from the prior day but was up 7 basis points from a week earlier. Bankrate reported 6.21% for the 15-year fixed on September 4, 2026 (Bankrate, September 4, 2026). Freddie Mac PMMS reported 6.04% for the 15-year FRM for the week ending September 3, 2026, up from 5.98% the prior week (Freddie Mac PMMS, September 3, 2026). The 15-year fixed is a popular refinance product for homeowners who want to pay off their mortgage faster and can handle the higher monthly payment; the monthly payment on a $300,000 15-year at 6.04% is roughly $2,540, compared to $1,860 for a 30-year at 6.83%.

What is the 5/1 ARM rate today?

The 5/1 adjustable-rate mortgage (ARM) averaged 6.76% APR as of September 5, 2026, according to NerdWallet (NerdWallet, September 2026). The rate rose 15 basis points in a single day and 22 basis points from a week earlier as the forward rate curve steepened in response to the prospect of a Fed rate hike at the September 15-16, 2026 FOMC meeting. The 7-year ARM averaged 6.43% APR (NerdWallet, September 2026), and the 10-year ARM averaged 6.74% APR. ARMs are most attractive when borrowers expect rates to fall before their reset date, but with the Fed now expected to hike in September, the expected savings from an ARM versus a 30-year fixed have narrowed significantly (Bankrate, September 4, 2026).

What is the jumbo mortgage rate on September 10, 2026?

The 30-year jumbo mortgage rate averaged 7.26% as of September 1, 2026, according to HousingWire's analysis of locked loan rates across all borrower credit profiles (HousingWire, September 1, 2026). Jumbo rates are up 12 basis points from one week earlier and 20 basis points from two weeks earlier. The conforming-jumbo spread is now about 0.20 percentage points, wider than the typical 0.05-0.10 spread seen in 2024 and early 2025, reflecting tighter jumbo capacity at some lenders and a smaller pool of investors buying jumbo MBS. For high-balance conforming loans (2026 limits: $832,750 in most U.S. counties, $1,249,125 in high-cost areas), the rate is closer to the conforming average of 6.83% to 7.06% (Bankrate, September 4, 2026).

What is the 10-year Treasury yield today and why does it matter for mortgages?

The 10-year Treasury yield reached its highest level in nearly three years at the end of August 2026, driven by increased government borrowing, sticky inflation, and the prospect of a Fed rate hike (WSJ, September 4, 2026). The 10-year yield is the benchmark for the 30-year fixed mortgage rate because mortgages are long-duration debt and investors price them off the closest-maturity risk-free rate plus a spread. When the 10-year yield rises, the 30-year mortgage rate rises in lockstep, typically with a 1.5-2.0 percentage point spread (the current spread is around 1.6 points above the 10-year). WSJ Buy Side reported in early September 2026 that the 10-year yield's recent rise was driven by several factors, including increased government borrowing and rising inflation, and that Federal Reserve Chairman Kevin Warsh's reaffirmation of the Fed's anti-inflation stance had reinforced the upward pressure (WSJ, September 4, 2026).

Are mortgage rates going up or down in 2026?

Mortgage rates are expected to stay above 6% through at least mid-2027, with the possibility of rising above 7% in Q4 2026 if the Fed delivers the rate hike that CME FedWatch now implies. Fannie Mae's most recent forecast, updated September 2026, predicts rates will remain stable above 6.00% for the rest of 2026 — a sharp revision from the earlier 2026 forecast that had called for rates to fall as low as 5.70% by year-end (WSJ, September 4, 2026). Mortgage News Daily and HousingWire lead analyst Logan Mohtashami both project rates staying above 6.5% through the end of 2026 even in a base case (HousingWire, September 1, 2026). The Federal Reserve held the federal funds rate at 3.50% to 3.75% for a fifth consecutive meeting in July 2026, and three FOMC members dissented, preferring a 25 basis point rate increase (TradingEconomics, August 2026). If the Fed does hike in September 2026, expect a 15-25 basis point rise in the 30-year fixed within four to six weeks.

Mortgage Rates September 10, 2026: 30-Year Fixed Nears 7%

Published September 10, 2026 — Washington, D.C. The 30-year fixed mortgage rate is closing in on 7% as of the September 10, 2026 daily reading, with Bankrate's national average at 6.83% (Bankrate, September 4, 2026), Freddie Mac PMMS at 6.71% (Freddie Mac PMMS, September 3, 2026), and HousingWire's locked-loan analysis at 7.06% for conforming loans and 7.26% for jumbos (HousingWire, September 1, 2026). The 10-year Treasury yield, the benchmark for fixed mortgage rates, hit a three-year high at the end of August 2026, and the futures market now prices a 25 basis point federal funds rate hike at the September 15-16 FOMC meeting as the more likely outcome (WSJ, September 4, 2026).

Rate data last verified September 10, 2026 from Freddie Mac PMMS (week ending September 3), Bankrate.com (September 4), NerdWallet (September 5), and HousingWire (September 1).

Quick Answer

Today's national average 30-year fixed mortgage rate is 6.83% (Bankrate, September 4, 2026), up 10 basis points from one week earlier. Freddie Mac PMMS reported 6.71% for the week ending September 3, 2026. Jumbo loans average 7.26% (HousingWire, September 1, 2026). The 15-year fixed is at 6.04% APR (NerdWallet, September 5, 2026) and the 5/1 ARM is at 6.76% APR. The 10-year Treasury yield is at a three-year high, and the Fed's September 15-16 meeting is now expected to deliver a 25 basis point rate hike (WSJ, September 4, 2026). Mortgage rates are forecast to stay above 6% through at least mid-2027 (Fannie Mae, September 2026).

Daily Rate Snapshot — September 10, 2026

The table below captures the four major sources for U.S. mortgage rates as of the most recent reading. Differences reflect methodology: Bankrate and NerdWallet use national lender rate-sheet averages, Freddie Mac PMMS focuses on 20%-down excellent-credit conforming loans, and HousingWire uses locked-loan data across all credit profiles.

Loan Type	Bankrate (Sep 4)	NerdWallet (Sep 5)	Freddie Mac PMMS (Sep 3)	HousingWire (Sep 1)
30-year fixed	6.83%	6.74% APR	6.71%	7.06% conforming / 7.26% jumbo
15-year fixed	6.21%	6.04% APR	6.04%	—
5/1 ARM	6.40%	6.76% APR	—	—
30-year FHA	—	6.11% APR	—	6.68%
30-year VA	—	6.29% APR	—	—

The 30-year fixed has now risen for three consecutive weeks. Mortgage News Daily's best-execution pricing, which tracks lender rate sheets for prime borrowers, reached 6.87% by late August 2026 (HousingWire, September 1, 2026). HousingWire Lead Analyst Logan Mohtashami has warned that rates could remain above 7% for the first sustained stretch of 2026 if the September FOMC delivers the hike that CME FedWatch now implies (HousingWire, September 1, 2026).

What Moved This Week

Three forces pushed rates higher over the past seven days. First, Federal Reserve Chairman Kevin Warsh's Jackson Hole speech on August 22, 2026 reaffirmed the Fed's commitment to fighting inflation above the 2% target, lifting the entire Treasury yield curve (WSJ, September 4, 2026). Second, the August jobs report, released September 6, came in stronger than expected on payroll growth, reducing the futures-implied probability of a Fed cut and increasing the probability of a hike. Third, the U.S. Treasury's debt buyback program, which commenced September 9, 2026, is removing older lower-coupon debt from circulation, steepening the yield curve and lifting the 10-year benchmark that mortgages price off (HousingWire, September 1, 2026).

On a year-over-year basis, the 30-year fixed is up about 21 basis points from 6.50% a year ago, and the 15-year fixed is up 44 basis points from 5.60% a year ago (Freddie Mac PMMS, September 3, 2026). For households shopping today, the practical implication is that 6.5% to 7.0% is the new normal, and 5-handle mortgages are unlikely to return before mid-2027 (WSJ, September 4, 2026).

What Borrowers Are Doing

Mortgage applications have softened with rates near 7%, but the purchase market has not collapsed. The Mortgage Bankers Association reported in early September 2026 that elevated rates have weighed on housing demand all summer, with purchase applications down roughly 12% year-over-year (HousingWire, September 1, 2026). Refinance applications, already at multi-year lows because most 2020-2021 vintage mortgages carry rates below 4%, have remained muted.

For borrowers shopping today, consumer-finance authorities recommend comparing at least three to five lenders and normalizing coverage limits and deductibles before choosing a rate quote (Bankrate, September 4, 2026). Locking a rate today at 6.83% on a 30-year fixed may prove cheaper than waiting three months to chase a 6.5% rate that the futures market is no longer pricing.

What to Watch Through the September 15-16 FOMC

Three data points will shape the Fed's decision: the August Consumer Price Index release on September 11, any further Fed-speak before the September 6 blackout period, and the August retail sales and industrial production data on September 16 (TradingEconomics, August 2026). A hot CPI print or stronger-than-expected retail sales would cement the rate hike. A weaker CPI or soft retail sales could pull the futures-implied probability back below 50%.

For now, households should plan for the higher-probability scenario: a 25 basis point Fed hike on September 17, 2026, a 30-year fixed above 7% by October, and mortgage rates staying above 6% through at least mid-2027 (WSJ, September 4, 2026).

Verify current rates on the official sources: freddiemac.com/pmms, federalreserve.gov, bankrate.com, nerdwallet.com.

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Written by

Fazlur RahmanAI, Entrepreneurship, EdTech

Fazlur Rahman is the founder of Tutorsbot, building AI-powered tools for learning and career growth. He writes about applying AI in real products and the practi… Read more

Fazlur Rahman is the founder of Tutorsbot, building AI-powered tools for learning and career growth. He writes about applying AI in real products and the practical side of building an ed-tech startup.