Mortgage Rates Today, Thursday, September 10: A Little Higher

Yes, mortgage interest rates are slightly higher today.

The average interest rate on a 30-year, fixed-rate mortgage is now 6.79% APR, which is five basis points higher than yesterday and six basis points higher than a week ago. (See chart below for more details.) A basis point is one one-hundredth of a percentage point.

Mortgage rates are on the rise as investors sell government bonds, pushing yields higher. The Treasury Department’s announcement of a larger bond buyback program did not reassure investors, leading to higher mortgage rates. When Treasury note yields increase, mortgage rates tend to follow suit.

For more information on the current factors influencing mortgage rates, continue reading below the chart.

Average mortgage rates, last 30 days

🤓 Kate on Rates: September 10, 2026

📈 What influences mortgage rates?

Mortgage rates are constantly changing, influenced by factors such as new inflation reports, job numbers, Fed meetings, and global events. Even small changes in the bond market can impact mortgage rates.

Recent events have been driving mortgage rates higher. Three major influences can be summarized as follows: Inflation.

Firstly, the conflict in Iran has caused concerns about trade disruptions, rising oil prices, and inflation, leading to higher bond yields and mortgage rates.

Secondly, Federal Reserve communications, particularly Chair Kevin Warsh’s remarks on inflation, have influenced market expectations of a rate hike at the upcoming Fed meeting.

Last week, strong job growth in the U.S. boosted expectations of a rate hike, as a thriving labor market can support higher interest rates to combat inflation.

Additionally, inflation levels above the Fed’s target rate and upcoming data releases, such as the Consumer Price Index, may further impact mortgage rates in the near future.

Explore mortgages today and get started on your homeownership goals

Get personalized rates.

Unlock your lender matches with just a few simple questions. Select whether you want to purchase or refinance, choose your property type, and indicate how you plan to use the property. Click “GET STARTED” to begin the process. Remember, refinancing may be a good option if current rates are significantly lower than your current rate. Consider your goals and use BW’s tools to make an informed decision. Timing is key when shopping for a home, so focus on affordability and getting preapproved. If you have a quote you’re happy with, consider locking in your rate to protect against market fluctuations. Rates can change frequently, so commit to a deal that works for you. following sentence in a more concise manner:

“The reason for his absence was due to a family emergency.”

“He was absent due to a family emergency.” following sentence:

Original: The dog was running quickly through the park.

Rewritten: Quickly running through the park was the dog.