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Weekly PMMS climbs again to 6.76% as weekday sheets clear 7% (week of September 10, 2026)

Freddie Mac's weekly 30-year average rose to 6.76% on September 10, 2026. Bankrate's daily average was 6.85%. Mortgage News Daily's daily index showed 7.07%.

Published: 2026-09-10

Key takeaways

  • Freddie Mac's PMMS as of September 10, 2026 put the 30-year fixed at 6.76% (up from 6.71%) and the 15-year fixed at 6.09% (up from 6.04%). A year earlier those weekly averages were 6.35% and 5.50%. This is a second consecutive Thursday climb.
  • Mortgage News Daily's daily index as of September 10, 2026 showed 30-year fixed at 7.07%, up 0.10 from the September 9 print of 6.97%. The same dated snapshot listed 15-year fixed at 6.62% (up 0.08), 30-year jumbo at 7.20%, 7/6 SOFR ARM at 6.62%, 30-year FHA at 6.62%, and 30-year VA at 6.64%.
  • Bankrate's national averages as of Thursday, September 10, 2026 at 6:30 a.m. put 30-year fixed at 6.85% (6.92% APR), up 0.05 versus last week, and 15-year fixed at 6.22% (6.32% APR), up 0.04. The same snapshot listed 20-year at 6.73%, FHA at 6.57%, VA at 6.55%, and jumbo at 6.91%.
  • Matthew Graham at Mortgage News Daily wrote on September 9 that a smaller-than-expected Treasury buyback pushed yields and mortgage rates to slightly higher highs, the highest since May 2025.
  • Bankrate's Jeff Ostrowski writeup on September 10 said the weekly national survey of lenders rose to 6.78% from 6.76%, the highest since July 2025. Lisa Sturtevant of Bright MLS called affordability the main constraint at a 13-month high in rates.

Weekly PMMS climbs again to 6.76% as weekday sheets clear 7% (week of September 10, 2026)

Published: September 10, 2026

The official weekly survey climbed again, and weekday sheets crossed a round number the weekly headline still sits under. Freddie Mac's Primary Mortgage Market Survey printed 6.76% for the 30-year fixed on September 10, 2026, up from 6.71% last Thursday. That is a second consecutive 5-basis-point rise. A year earlier the same weekly average was 6.35%. Mortgage News Daily's daily index showed 7.07% on September 10, up 0.10 from 6.97% on September 9. Bankrate's daily national average was 6.85% the same morning. Put 6.76% next to 6.85% and 7.07%: the first is the Thursday survey, and the other two are closer to many rate sheets this week.

What are 30-year and 15-year mortgage rates this week?

Freddie Mac's Primary Mortgage Market Survey (PMMS) as of September 10, 2026 put the 30-year fixed-rate mortgage at 6.76%, up from 6.71% the week before, and the 15-year fixed at 6.09%, up from 6.04%. A year earlier, those weekly averages were 6.35% and 5.50%. Freddie Mac said: "The 30-year fixed-rate mortgage averaged 6.76% this week. Aspiring buyers should remember shopping around for the best mortgage rate and getting multiple quotes can potentially save them thousands." PMMS publishes Thursdays at 12 p.m. ET and averages loan rates offered the prior Thursday through Wednesday.

Mortgage News Daily's daily index as of September 10, 2026 showed a 30-year fixed rate of 7.07%, up 0.10 from the September 9 print of 6.97%. The same dated snapshot listed a 15-year fixed rate of 6.62% (up 0.08), 30-year jumbo at 7.20%, 7/6 SOFR ARM at 6.62% (up 0.09), 30-year FHA at 6.62% (up 0.12), and 30-year VA at 6.64% (up 0.12). The live page dates those figures September 10. This note does not assign a clock time.

Bankrate's national averages as of Thursday, September 10, 2026 at 6:30 a.m. put the 30-year fixed at 6.85% interest (6.92% APR), up 0.05 versus last week, and the 15-year fixed at 6.22% (6.32% APR), up 0.04. The same snapshot listed 20-year at 6.73% (6.82% APR), FHA at 6.57% (6.61% APR), VA at 6.55% (6.61% APR), and jumbo at 6.91% (6.94% APR). Jeff Ostrowski's September 10 writeup on that page said Bankrate's weekly survey of lenders rose to 6.78% from 6.76%, the highest since July 2025.

Rate note: these are national averages for education only, not a quote or a rate promise. Your actual rate depends on credit score, down payment, loan type, discount points, and the day you lock.

What moved mortgage rates this week?

Two climbs now sit on the weekly tape: 6.66% to 6.71% last Thursday, then 6.71% to 6.76% this Thursday. Weekday sheets moved through 7%. Mortgage News Daily's September 9 print was 6.97%. The September 10 print is 7.07%.

Two documented differences sit between the survey and the daily sheets. PMMS averages rates offered from the prior Thursday through Wednesday, so the Thursday noon ET release can lag weekday sheets. Mortgage News Daily's daily index also accounts for upfront costs. The PMMS survey rate does not.

Matthew Graham's September 9 article, Mortgage Rates Jump After New Treasury Buyback Announcement, at Mortgage News Daily, dated 3:07 p.m., tied the Wednesday jump to a Treasury buyback that undershot market expectations. Higher yields followed, then higher mortgage rates. Graham wrote: "Mortgage rates were already treading water at long term highs. Today's increase merely caused another incremental jump to slightly higher highs. Last week, rates were the highest since June 2025. Today, they're the highest since May 2025."

Ostrowski's September 10 Bankrate writeup put oil, inflation, and Fed-hike odds in the same week. He wrote that oil prices flirted with $100 a barrel and that September 11 inflation data would be closely watched. Denise McManus said markets were pricing roughly 50% to 60% odds of a Fed hike on September 16, not a cut. Nicole Rueth, writing September 9 on the same page, said the 10-year Treasury hit 4.83% Wednesday morning, its highest since October 2023. That is sourced commentary, not a prediction this site is making.

Lisa Sturtevant, chief economist at Bright MLS, said on that September 10 Bankrate page: "With mortgage rates at a 13-month high, affordability continues to be the main constraint for prospective homebuyers. Sellers are having to adjust their price expectations, and more sellers will be cutting their asking prices this fall."

What does this mean if you are buying or refinancing?

If you are comparing written offers this week, put the 6.76% PMMS figure next to Bankrate's 6.85% and Mortgage News Daily's 7.07%. A 0.31 percentage-point gap changes the principal-and-interest payment on the same loan amount. Our mortgage payment calculator can show that difference before you compare APR, points, and fees.

If you are refinancing, a weekday quote above 7% changes the payment-drop math versus last week's 6.71% weekly print. Set a payment-drop target that covers closing costs, then check same-day written offers against that number.

Treat lock versus float as a risk choice, not a recommendation. Locking removes uncertainty about the final rate. Floating leaves room if pricing improves, and it also leaves you exposed if rates rise before closing. Neither choice guarantees a better outcome.

Disclaimer: this weekly update is for general education. It is not financial advice, and it is not a commitment to lend. Real mortgage offers vary by lender, credit profile, down payment, points and fees, and market conditions.

Sources

  1. Freddie Mac: Primary Mortgage Market Survey (PMMS) as of September 10, 2026 - https://www.freddiemac.com/pmms
  2. Mortgage News Daily: Today's Mortgage Rates - Daily Index (September 10, 2026) - https://www.mortgagenewsdaily.com/mortgage-rates
  3. Mortgage News Daily: Mortgage Rates Jump After New Treasury Buyback Announcement (Matthew Graham, September 9, 2026, 3:07 p.m.) - https://www.mortgagenewsdaily.com/markets/mortgage-rates-09092026
  4. Bankrate: Current Mortgage Rates (September 10, 2026, 6:30 a.m.) - https://www.bankrate.com/mortgages/mortgage-rates/

Frequently asked questions

Why is Freddie Mac's 6.76% lower than Mortgage News Daily's 7.07% this week?

They measure different things on different calendars. Freddie Mac's PMMS as of September 10, 2026 averaged Thursday-through-Wednesday application rates at 6.76% for 30-year fixed. Mortgage News Daily's September 10 daily index was 7.07%. That index accounts for upfront costs. The PMMS survey rate does not.

Did mortgage rates go up or down this week?

They went up for a second straight week. Freddie Mac's weekly 30-year average rose to 6.76% as of September 10, 2026, from 6.71% last week. Mortgage News Daily's daily 30-year index was 7.07% on September 10. Bankrate's daily average was 6.85% the same morning. These are national averages, not a quote.

Should I lock my mortgage rate now or wait?

Treat lock versus float as a risk choice, not a recommendation. Locking removes uncertainty about the final rate. Floating leaves room if pricing improves, and it also leaves you exposed if rates rise before closing. Ask your lender how long a lock lasts and what a re-lock costs. Neither choice guarantees a better outcome.

When is the next Freddie Mac mortgage rate update?

Freddie Mac releases the Primary Mortgage Market Survey on Thursdays at 12 p.m. ET. The latest print is dated September 10, 2026. The next print is due September 17, 2026. Until then, weekday indexes from Mortgage News Daily and Bankrate will show more of the day-to-day moves.

Why did daily mortgage rates clear 7% this week?

Mortgage News Daily's daily index printed 7.07% on September 10, 2026, up 0.10 from 6.97% on September 9. Matthew Graham wrote that a smaller-than-expected Treasury buyback raised yields, and that rates were already at long-term highs. Bankrate's daily 30-year average was 6.85%. These are national averages, not a quote.

What is the gap between the weekly survey and weekday sheets?

Freddie Mac's Thursday survey is 6.76%. Bankrate's September 10 daily national average is 6.85% interest (6.92% APR). Mortgage News Daily's September 10 daily index is 7.07%. Treat 6.76% as the official weekly average and the higher daily prints as closer to many rate sheets. None of these figures is a personal quote.