Mortgage Rates Today, September 10, 2026 (index as of Sep 9 close)

Today’s index numbers

• 30-year fixed: 6.76% (+0.05 vs. prior week) — Freddie Mac Primary Mortgage Market Survey, released September 10, 2026 (updated at 12:15 p.m. Eastern; the morning edition carried the September 3 survey at 6.71%).
• 15-year fixed: 6.09% (+0.05 vs. prior week) — Freddie Mac Primary Mortgage Market Survey, released September 10, 2026
• Daily rate index: 6.97% 30-year fixed (+0.08 on the day) — Mortgage News Daily, as of September 9, 2026. The same reading showed the 15-year at 6.54%, FHA 30-year at 6.50%, VA 30-year at 6.52%, jumbo 30-year at 7.15% and the 7/6 ARM at 6.53%.
• 10-year Treasury: about 4.89% shortly after this morning’s data, up from Wednesday’s close near 4.86%, which was already a 52-week high.

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

What moved rates

Wednesday was the worst day for mortgage rates in months. The Treasury Department began its enlarged buyback program that morning, doubling its liquidity-support purchases of 10- to 30-year bonds to at least $4 billion per operation through early November, an effort aimed squarely at holding down long-term yields. The bond market treated it as a challenge rather than a relief: the 10-year finished at 4.86%, a new 52-week high, and the Mortgage News Daily 30-year index rose 8 basis points to 6.97%, its highest reading since last summer. Oil kept climbing in the background, with West Texas Intermediate near $97.47 and Brent at $102.10 this morning after another round of U.S.-Iran escalation.

This morning’s producer price index gave the market no excuse to reverse. Wholesale prices rose 0.4% in August, matching forecasts, and are up 5.4% from a year earlier; the core measure that strips out food, energy and trade services rose 0.3% on the month and 4.7% on the year. The detail that matters for mortgage rates is energy: final-demand energy prices jumped 4.2% in a single month and goods prices 1.1%, which is the oil shock showing up in the pipeline before it reaches consumers. The 10-year moved up to about 4.89% on the release. Weekly jobless claims were also published at 8:30; the Labor Department’s figures could not be retrieved at press time, and the prior week’s reading was 206,000.

The Federal Reserve meets Tuesday and Wednesday of next week. It held the target range at 3.50%–3.75% in July on a 9–3 vote, with three members preferring a quarter-point increase, and tomorrow’s consumer price index at 8:30 a.m. Eastern is the last inflation reading before that decision. A hot energy number in the PPI raises the odds that CPI carries the same message. Freddie Mac published its new weekly survey at noon today, the first to reflect the post-jobs-report period: the 30-year average rose to 6.76% and the 15-year to 6.09%, each up 0.05 from the September 3 survey. That figure is a weekly average collected before this week’s selloff, which is why it sits well below the daily index.

What it means if you are…

Buying. The daily index at 6.97% is the closer reflection of what lenders are quoting this morning, and it is within a few basis points of 7%. That number affects your budget more than it affects your competition: higher rates keep thinning the pool of active buyers, which is why the MBA reported applications falling last week. Compare real offers against each other on the same day, using both rate and APR, and ask each lender to requote after tomorrow’s CPI rather than assuming today’s pricing holds.

Refinancing. For most people who bought in the last two years, today’s rates are above the rate they already have, so the question is not whether to refinance now but what would have to happen for it to make sense. The number worth having is your break-even at a target rate: the month at which a lower payment repays what the loan costs to set up. Knowing that figure in advance turns a future rate drop into a decision rather than a scramble. The refinance savings check on this site takes a few minutes.

Under contract. Rates are at their highest level of the past year and the next 24 hours bring the last inflation report before a Fed meeting where a hike is on the table. Locking now caps the exposure to tomorrow’s CPI and next week’s decision; floating keeps the possibility that a soft CPI pulls rates back from the edge of 7%, at the cost of being wrong if the energy shock carries through. Which fits depends on your closing date and how much a payment change would strain your budget. Have that conversation with whoever is handling your loan today, before 8:30 tomorrow morning.

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

At 6.76% on a 30-year fixed, principal and interest on a $400,000 loan is approximately $2,597 per month (6.76% ÷ 12 = 0.563% monthly rate, over 360 payments). At the daily index reading of 6.97%, the same loan runs about $2,653 — roughly $56 more per month, or about $20,000 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

Today is the statistical peak of the Atlantic hurricane season, and it lands in a week when rates are already pressing on affordability, so a reminder about the cheapest protection available to a Florida buyer: the rate lock itself. A lock is a contract with a set expiration, and a storm that delays a closing by a week can push a loan past that date. Most lenders will extend a lock for a fee that is far smaller than the cost of relocking at a higher rate, but only if the extension is requested before the lock expires, not after. If your closing falls between now and the end of September, ask your lender today what the extension fee is, how many days it covers, and who has to request it, so a weather delay costs you a fee rather than a rate.

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.