09/08/2026
Mortgage rates ticked up again this week 📈
Here’s the quick breakdown 👇
🔹 30-year fixed avg: 6.79% (up slightly from 6.78%)
🔹 A global bond selloff pushed Treasury yields to their highest levels since 2008
🔹 The Iran conflict + tariffs are keeping inflation worries — and rates — elevated
🔹 Weak demand for mortgage bonds means rates aren’t budging much either
👀 What to watch this week: All eyes on Thursday’s PPI and Friday’s CPI report. The Fed is watching inflation closely, and this data could shape their next move ahead of the Sept 16 rate decision.
💡 Bottom line: If you’re buying, focus on a monthly payment that works for YOUR budget today — not a rate you’re hoping shows up later. Refinancing is always an option down the road.
Already own a home? Stay connected with your loan officer so you’re ready to move if rates shift 🏡
Questions about what this means for you? Drop them below 👇 or DM me.
