Mortgage rates today are hovering near 7% as Freddie Mac and Bankrate show benchmark 30-year averages just below that level.
Freddie Mac’s Primary Mortgage Market Survey reported the 30-year fixed-rate mortgage averaged 6.95% for the week ending September 17, 2026, up from 6.76% the prior week, according to Freddie Mac’s PMMS summary.
Bankrate’s national lender survey showed the average 30-year fixed rate at about 6.97% this week, while its 15-year average was reported near 6.49%, per Bankrate’s published rates pages.
Short-term yields and market moves have pushed borrowing costs higher in recent weeks, a pattern reflected in Freddie Mac’s weekly jump and Bankrate’s lender survey. Many rate trackers attribute recent increases to bond yield gains and elevated inflation expectations, as visible in Treasury and Fed data summaries.
That lift in mortgage rates has narrowed the gap between current pricing and the roughly 7% threshold that many borrowers and mortgage advisors watch when deciding to lock a loan or delay, according to industry reporting.
For readers tracking mortgage rates today, these national averages are weekly or survey snapshots and may differ from local lender offers, which depend on credit profile, loan size and points.
Sources
- Freddie Mac — weekly Primary Mortgage Market Survey showing the 30-year average at 6.95% for the week ending Sept. 17, 2026.
- Bankrate — national lender survey reporting the average 30-year fixed rate near 6.97% and 15-year near 6.49% this week.
