The average 30-year fixed mortgage rate rose 18 bps to 7.30% in the week ended September 25, its highest level since late November 2023, according to the Mortgage Bankers Association. The increase followed another rise in Treasury yields, with the 10-year note near its highest level since 2007 amid persistent energy-driven inflation, a resilient US economy and hawkish Fed signals that strengthened expectations for further rate hikes. Markets are pricing in at least one more Fed hike by year-end, while mortgage rates have risen more than 120 bps since US-Israeli strikes against Iran began in late February. Meanwhile, total mortgage applications fell 6%, marking a fourth straight weekly decline. Refinancing applications dropped 8.7%, while purchase applications fell 4.3%. source: Mortgage Bankers Association of America

Fixed 30-year mortgage rates in the United States averaged 7.30 percent in the week ending September 25 of 2026. Mortgage Rate in the United States averaged 6.08 percent from 1990 until 2026, reaching an all time high of 10.56 percent in April of 1990 and a record low of 2.85 percent in December of 2020. This page provides the latest reported value for - United States MBA 30-Yr Mortgage Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States MBA 30-Yr Mortgage Rate - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.

Fixed 30-year mortgage rates in the United States averaged 7.30 percent in the week ending September 25 of 2026. Mortgage Rate in the United States is expected to be 6.85 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States MBA 30-Yr Mortgage Rate is projected to trend around 7.05 percent in 2027 and 7.19 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-23 11:00 AM
MBA 30-Year Mortgage Rate
Sep/18 7.12% 6.97%
2026-09-30 11:00 AM
MBA 30-Year Mortgage Rate
Sep/25 7.3% 7.12%
2026-10-07 11:00 AM
MBA 30-Year Mortgage Rate
Oct/02 7.3%


Related Last Previous Unit Reference
15-Year Mortgage Rate 6.42 6.26 percent Sep 2026
30-Year Mortgage Rate 7.03 6.95 percent Sep 2026
Average Mortgage Size 374.44 375.22 Thousand USD Jul 2026
MBA Mortgage Market Index 213.60 227.30 points Sep 2026
MBA Mortgage Refinance Index 557.80 611.00 points Sep 2026
MBA Purchase Index 148.20 154.90 points Sep 2026
MBA Mortgage Applications -6.00 -1.50 percent Sep 2026
MBA 30-Year Mortgage Rate 7.30 7.12 percent Sep 2026


United States MBA 30-Yr Mortgage Rate
MBA 30-Year Mortgage Rate is average 30-year fixed mortgage lending rate measured during the reported week and backed by the Mortgage Bankers Association.
Actual Previous Highest Lowest Dates Unit Frequency
7.30 7.12 10.56 2.85 1990 - 2026 percent Weekly

News Stream
US Mortgage Rates Hit Highest Level Since Late 2023
The average 30-year fixed mortgage rate rose 18 bps to 7.30% in the week ended September 25, its highest level since late November 2023, according to the Mortgage Bankers Association. The increase followed another rise in Treasury yields, with the 10-year note near its highest level since 2007 amid persistent energy-driven inflation, a resilient US economy and hawkish Fed signals that strengthened expectations for further rate hikes. Markets are pricing in at least one more Fed hike by year-end, while mortgage rates have risen more than 120 bps since US-Israeli strikes against Iran began in late February. Meanwhile, total mortgage applications fell 6%, marking a fourth straight weekly decline. Refinancing applications dropped 8.7%, while purchase applications fell 4.3%.
2026-09-30
US 30-Year Mortgage Rates Climb Above 7%
The average contract rate for a 30-year fixed mortgage in the US rose by 15 basis points to 7.12% in the week ended September 18, reaching its highest level since early May 2024, according to the Mortgage Bankers Association. The increase followed a rise in Treasury yields, with the 10-year note remaining close to its highest level since 2007, after the Federal Reserve raised its policy rate by 25 basis points, marking its first rate increase in three years. Fed Chair Kevin Warsh also signaled that further rate increases could follow in the coming months, while other policymakers have since delivered hawkish remarks, reinforcing expectations that additional tightening remains possible. Mortgage rates have risen by more than 100 basis points since the US and Israel began strikes against Iran in late February. Meanwhile, total mortgage applications fell 1.5%, marking a third consecutive weekly decline. Refinancing applications dropped 2.6%, while purchase applications decreased 0.8%.
2026-09-23
US Mortgage Rates Rise to Highest Level Since May 2025
The average contract rate for a 30-year fixed mortgage in the US rose to 6.97% in the week ended September 11, its highest level since May 2025, according to the Mortgage Bankers Association. The increase followed a rise in Treasury yields, with the 10-year note briefly touching 5% and approaching its highest level since 2007, as renewed Middle East tensions and stronger-than-expected US inflation data heightened inflation concerns and reinforced expectations that the Federal Reserve will deliver its first rate hike since 2023 on September 16. Mortgage rates have risen 88 basis points since the US and Israel began strikes against Iran in late February. Meanwhile, total mortgage applications fell 4.1%, extending the previous week’s 2.7% decline and marking the steepest weekly drop since July. Refinancing applications decreased 8.8%, while purchase applications fell 0.8%.
2026-09-16