September 30, 2026

Mortgage Rates Today, September 30, 2026 (index as of Sep 29 close)

Daily index figures are Mortgage News Daily as of the September 29, 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

All four readings below come from the Mortgage News Daily rate index on the same day, so they can be compared with each other.

30-year fixed: 7.58% (+0.08 on the day) — Mortgage News Daily, as of September 29, 2026
15-year fixed: 7.20% (+0.08 on the day) — Mortgage News Daily, as of September 29, 2026
FHA 30-year: 7.24% (+0.07 on the day) — Mortgage News Daily, as of September 29, 2026
VA 30-year: 7.25% (+0.06 on the day) — Mortgage News Daily, as of September 29, 2026

Freddie Mac weekly survey: 7.03%, week of 09/24. A weekly national survey of purchase applications, so it lags the daily index above. The next survey publishes tomorrow at noon Eastern.

Also today: the jumbo 30-year read 7.60% in the same Mortgage News Daily index and the 7/6 ARM rose 2 basis points to 6.87%. The federal funds target range is 3.75% to 4.00%, raised a quarter point on September 16 (Federal Reserve). The 10-year Treasury is near 5.25%, down about three basis points from Tuesday’s close but still around levels last seen in mid-2007. August PCE inflation: 3.4% year over year, unchanged from July and below the 3.7% that had been expected, with the month-over-month reading at 0.3%; core PCE held at 3.0% year over year with a 0.2% monthly gain. The Bureau of Economic Analysis release page had not posted the August report at press time, so these figures come from wire reporting of it. Also this morning, ADP counted 90,000 private jobs added in September against a 36,000 forecast, and final second-quarter GDP was revised to 2.2%. The Optimal Blue daily rate-lock index is shown live in the widget on the home page.

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

What moved rates

The inflation report the Fed watches most closely came in cooler than the market expected. Headline PCE held at 3.4% year over year in August rather than accelerating to the 3.7% that had been forecast, and the core measure that strips out food and energy stayed at 3.0%. Both monthly readings did tick up, 0.3% for headline and 0.2% for core against 0.1% in July, so this is a report that says inflation is not getting worse on an annual basis rather than one that says it is getting better.

That lands in a market that spent September moving the other way. The daily 30-year index rose another 8 basis points Tuesday to 7.58%, which is roughly half a percentage point above where it started the month. The 10-year Treasury has eased slightly to about 5.25% but remains near its highest levels since mid-2007, held there by energy prices, a resilient economy and hawkish messaging from Fed officials.

The rest of this week’s data is sending mixed signals, which is the honest read. Job openings came in at 7.08 million Tuesday against 7.34 million expected, and consumer confidence dropped to 81.9 from an expected 88.6, both pointing to some cooling. This morning ADP counted 90,000 private jobs added against a 36,000 forecast, pointing the other way, and final second-quarter GDP was trimmed to 2.2% from 2.5%. Friday’s September jobs report, with consensus near 84,000 payrolls, is the tiebreaker that matters most for what the Fed does in October.

What it means if you are…

Buying. A cooler inflation print is welcome, but it arrives after a month that has already repriced the market, and one report rarely reverses that in a day. The useful move is arithmetic rather than anticipation: know what payment today’s pricing produces at your target price, and know what your preapproval says versus what it would say if rewritten this week. Those two numbers make the rest of the decisions easier no matter which way Friday goes.

Refinancing. FHA at 7.24% and VA at 7.25% remain roughly 33 basis points below conventional. If you are carrying either, those are the numbers your own refinance prices against. The refinance savings check on this site shows what a given rate change does to the payment and how many months it takes to recover what the loan costs to set up.

Under contract. Friday’s jobs report is the last scheduled event before the October Fed meeting comes into view, and it has the most power to move pricing of anything left this week. If your lock runs out in the next 30 days, today and tomorrow are calmer than Friday will be for asking what an extension costs and how it is requested. If you are already locked through closing, this week is noise.

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

At 7.58% on a 30-year fixed, principal and interest on a $400,000 loan is approximately $2,819 per month (7.58% ÷ 12 = 0.632% monthly rate, over 360 payments). These figures exclude property taxes, homeowners insurance, flood insurance, mortgage insurance and any association dues; the actual monthly obligation will be greater.

Florida note

October 1 is tomorrow, and for Florida buyers it is worth knowing what that date does and does not change. It is the start of the federal fiscal year, which is when the National Flood Insurance Program’s authorization has historically come up for renewal, and lapses have happened before. A lapse does not affect existing policies already in force, but it can stop new policies from being issued, and a purchase that requires flood insurance cannot close without it. The practical protection is timing: if your closing is in the next several weeks and the property needs flood coverage, having the policy bound early rather than in the final days removes the risk entirely. It is also worth asking whether a private flood policy is available for the property, since private carriers are not tied to the federal authorization at all. This is not a prediction that anything will happen tomorrow. It is a reason to handle the flood policy sooner in the process than most people do.

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.