September 8, 2026

Mortgage Rates Today, September 8, 2026 (index as of Sep 4 close)

Daily index figures are Mortgage News Daily as of the September 4, 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, latest survey dated September 3, 2026
15-year fixed: 6.04% (+0.06 vs. prior week) — Freddie Mac Primary Mortgage Market Survey, latest survey dated September 3, 2026
Daily rate index: 6.89% 30-year fixed (+0.01 on the day) — Mortgage News Daily, as of Friday, September 4, 2026. The same reading showed the 15-year at 6.49%, FHA 30-year at 6.44%, VA 30-year at 6.46%, jumbo 30-year at 7.06% and the 7/6 ARM at 6.53%. Bond markets were closed Monday for Labor Day, so Friday’s reading is the latest.
10-year Treasury: about 4.77% early Tuesday, a few basis points below Friday’s close near 4.81%.

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

What moved rates

Friday’s August jobs report was the biggest number of the past week and the market’s reaction was smaller than the number deserved. Payrolls rose 162,000 against a forecast near 53,000, unemployment held at 4.1%, and the prior two months were revised up by 55,000. The 10-year Treasury moved up to about 4.81% by the close, and the Mortgage News Daily 30-year index finished just one basis point higher at 6.89%. Mortgage News Daily called it surprisingly light selling given the data. One reading of that: a good deal of the bad news for bonds had already been priced in during the run-up over the previous week, when the daily index pushed to long-term highs near 7%.

The holiday weekend added a different kind of pressure. Oil rose again on Middle East tensions, with West Texas Intermediate near $93.81 and Brent near $98.51 on Tuesday morning after reports of attacks on Saudi energy facilities and new threats from Iran. Higher oil feeds directly into headline inflation, which is the wrong direction for a bond market that already expects the Federal Reserve to consider a quarter-point increase at its September 15–16 meeting. The Committee held the target range at 3.50%–3.75% in July on a 9–3 vote, with all three dissents preferring a hike, and Friday’s payroll figure strengthened that camp’s argument.

There are no major U.S. data releases today. The week’s decisive numbers come late: the producer price index for August on Thursday at 8:30 a.m. Eastern and the consumer price index on Friday at 8:30 a.m., the last inflation readings before the Fed meets. Thursday also brings a new Freddie Mac survey at noon, which will be the first weekly figure to reflect the post-jobs-report move.

What it means if you are…

Buying. The daily index at 6.89% is the closer reflection of what lenders are quoting this morning, and it sits near the top of the past year’s range. A quiet Tuesday with no data is a reasonable day to get pre-qualification paperwork moving and to compare real offers against each other using both rate and APR. The pricing you see today will be revisited by Friday’s inflation report either way.

Refinancing. Nothing since Friday has improved the case for waiting. The useful number is your break-even, the month at which a lower payment repays what the loan costs to set up. If that math works at today’s rates, the inflation data this week does not change it; if it only works at a rate well below today’s, this week’s oil move says that rate is not close. The refinance savings check on this site takes a few minutes.

Under contract. Two inflation reports and a Fed meeting land within the next eight days. Locking now removes the exposure to Thursday and Friday; floating keeps the possibility that a soft CPI pulls rates off their highs. Neither is the cautious choice in the abstract. Which fits depends on your closing date and what a payment change would do to your budget, and the shortened week means one less business day for disclosures before a mid-month closing. Worth a conversation with whoever is handling your loan before Thursday morning.

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 6.89%, the same loan runs about $2,632 — roughly $48 more per month, or about $17,000 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 statistical peak of hurricane season is Thursday, September 10, and the second half of September has produced more Florida landfalls than any other stretch of the calendar. For a closing in the next three weeks, two documents matter more than the rate: the insurance binder, because carriers stop writing new policies once a storm enters the box near the state, and the appraisal, because a lender will require a re-inspection if a named storm passes over the property between the appraisal date and closing. Ask your insurance agent to bind now rather than in the final week, and ask your lender what its re-inspection procedure looks like so a storm does not turn into a lost rate lock.

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.