September 3, 2026

Mortgage Rates Today, September 3, 2026 (index as of Sep 2 close)

Daily index figures are Mortgage News Daily as of the September 2, 2026 close. The index posts each afternoon, so a morning update carries the prior business day.

By Brendin Straubel, NMLS #1757609 · All daily updates

Today’s index numbers

30-year fixed: 6.71% (+0.05 vs. prior week) — Freddie Mac Primary Mortgage Market Survey, released September 3, 2026 (updated at 12:15 p.m. Eastern; the morning edition carried the August 27 survey at 6.66%).
15-year fixed: 6.04% (+0.06 vs. prior week) — Freddie Mac Primary Mortgage Market Survey, released September 3, 2026
Daily rate index: 6.91% 30-year fixed (+0.02 on the day) — Mortgage News Daily, as of September 2, 2026. As of its September 1 reading the same index showed the 15-year at 6.39%, FHA 30-year at 6.41%, VA 30-year at 6.43%, jumbo 30-year at 6.92% and the 7/6 ARM at 6.45%.
10-year Treasury: about 4.78% at Wednesday’s close per Mortgage News Daily, essentially unchanged on the day; the Federal Reserve’s own series last posted 4.79% for September 1.

These are national survey and index averages, not an offer.

What moved rates

Almost nothing, which is the news. After three consecutive sessions that each pushed rates higher for a different reason — a hawkish Jackson Hole speech Friday, month-end position-squaring Monday, oil Tuesday — Wednesday was the first uneventful day in a week. The 10-year Treasury finished near 4.78%, a fraction of a basis point from where it started, and the Mortgage News Daily 30-year index edged up two basis points to 6.91%.

A flat day at the top of a range is not a reversal. Traders did little because the two things that could settle the direction had not happened yet. The first has now arrived: the new Freddie Mac survey, released at noon Eastern today, puts the 30-year average at 6.71% and the 15-year at 6.04%, up 0.05 and 0.06 from the August 27 survey. Because the survey is collected over the days that produced last week’s selloff, that is the catch-up in the measurement this page anticipated, not a fresh move in the market. The second arrives Friday at 8:30 a.m. Eastern with the August jobs report, with forecasters looking for roughly 42,000 new payrolls and unemployment near 4.1%.

Today also brings weekly jobless claims at 8:30 a.m. and the ISM services index at 10:00 — worth more attention than a second-tier release day usually gets, because the Federal Reserve has said the labor market is central to its next decision. The last vote was unusually split: the Committee held the target range at 3.50%–3.75% on July 29 by 9–3, with all three dissents preferring a quarter-point increase. It meets again September 15–16 with updated projections.

What it means if you are…

Buying. With the new survey at 6.71% and the daily index at 6.91%, the two national figures now sit closer together, though the daily index remains the nearer reflection of what lenders are quoting this afternoon. Either way, compare real offers against each other on the same day, using both rate and APR, rather than against any national average.

Refinancing. A quiet day is a good day to do arithmetic rather than watch a screen. The number worth having before Friday is your break-even — the month at which savings from a new payment cover what the loan costs to do. If the jobs report comes in soft, that figure turns a favorable morning into a decision you can act on; without it, a good print is just something you read about. The refinance savings check on this site takes a few minutes.

Under contract. Rates remain near the top of their recent range heading into the week’s biggest release. Locking now removes the risk that Friday’s report comes in strong; floating keeps the benefit if it comes in weak. Neither is the cautious choice in the abstract — which fits depends on your closing date and how much a payment change would strain your budget. Worth a conversation with whoever is handling your loan before Friday morning, not after it.

What a $400,000 loan looks like at today’s average

At 6.71% on a 30-year fixed, principal and interest on a $400,000 loan is approximately $2,584 per month (6.71% ÷ 12 = 0.559% monthly rate, over 360 payments). At the daily index reading of 6.91%, the same loan runs about $2,637 — roughly $53 more per month, or about $19,000 across the full term. These figures exclude property taxes, homeowners insurance, flood insurance, mortgage insurance and any association dues; the actual monthly obligation will be greater.

Florida note

The climatological peak of hurricane season is September 10, one week from today, and it carries a scheduling consequence that surprises Florida buyers every year. When a named storm enters a defined box near the state, insurance carriers stop binding new coverage until it passes. No new policy means no proof of insurance, and no proof of insurance means a lender cannot fund — so a closing set for that week moves, however ready everything else is. If you are closing this fall, bind the policy early rather than in the final days, and ask your lender and title company now what their storm-hold procedure looks like.

Rates shown could change or may not be available at commitment or closing. For a quote on your own scenario, use the rate-quote form on this page.

Daily Mortgage Rates is published by PMF, Inc. d/b/a Pioneer Mortgage Funding, NMLS #1980 · Branch NMLS #2681379 · Mortgage Loan Originator: Brendin Straubel, NMLS #1757609 · 401 E Jackson St, Suite 2340, Tampa, FL 33602 · 813-728-7764 · bstraubel@pmfmortgage.com. Verify licensing at nmlsconsumeraccess.org. Not a commitment to lend. All loans subject to credit approval.