Mortgage rates today remain elevated: Freddie Mac’s Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage averaged 6.95% for the week ending Sept. 17, 2026.
Freddie Mac’s PMMS page states the 30-year fixed-rate mortgage averaged 6.95% as of Sept. 17, 2026, up from 6.76% the prior week and higher than a year earlier, reflecting a recent weekly uptick in borrowing costs.
Other industry trackers report similar pressure on rates. Bankrate’s mortgage-rate hub lists a national average near 7.12% and notes the average for 30-year fixed loans jumped in mid-September, while its analysis ties the move to higher Treasury yields and recent Fed action.
Bankrate’s article on weekly mortgage-rate news reported that longer-term rates have “baked in the expectation of hikes” and that Fed governors voted Sept. 16 to raise the federal funds rate, a move Bankrate and other outlets said is feeding into higher mortgage pricing.
Freddie Mac’s PMMS is a weekly survey-based average of loan applications submitted through its Loan Product Advisor, and the agency notes the PMMS numbers represent a national average of purchase applications collected Thursday through Wednesday each week.
Borrowers seeing mortgage rates today near 7% should shop lenders and check loan terms: Bankrate and Freddie Mac both highlight that advertised national averages differ from individual offers, and shopping multiple lenders can materially change the rate a borrower receives.
For context, Freddie Mac’s page includes a one-week change showing the 30-year rate rose 0.19 percentage points from the prior week and a year-over-year increase of 0.69 percentage points, underlining that the rise is both recent and larger than typical weekly moves.
What to watch next: market coverage says mortgage rates will track 10-year Treasury yields and Fed policy signals; traders and lenders will be looking at incoming inflation and employment data for any signs that longer-term yields — and mortgage rates — might ease.
Sources
- Freddie Mac — PMMS weekly release showing the 30-year fixed-rate mortgage averaged 6.95% as of Sept. 17, 2026 (one-week and one-year changes).
- Bankrate — national mortgage-rate coverage and analysis reporting a roughly 7.12% national average and linking recent rate increases to the Sept. 16 Fed funds rate increase.
Mortgage rates today near 7% and 30 year mortgage rates average about 6.8%–7.0%
