National average mortgage rates shifted slightly higher today, as the 30-year fixed purchase loan reached 7.01% according to Zillow data.
Zillow is cited as the source of mortgage rate data, but the small uptick in fixed rates is unlikely to materially move the company's outlook.
Chase is mentioned among lenders with low median mortgage rates, but the rate changes are too minor to affect earnings significantly.
Citibank is listed as a lender with competitive rates, but today's small uptick in fixed mortgage rates is not a material event for the bank.
Freddie Mac is referenced for historical mortgage rate data, but no company-specific impact is indicated.
Fixed mortgage rates saw a modest uptick on Thursday, September 17, 2026, with the 30-year fixed-rate loan rising to 7.01%. While the 15-year fixed rate also climbed by 8 basis points to 6.44%, the 5/1 ARM bucked the trend by falling 13 basis points to 7.08%.
Mortgage rates are primarily influenced by the broader economy. When the economy is strong, rates typically rise to temper spending; conversely, when the economy struggles, rates often decrease to encourage borrowing.
It is highly unlikely to find a 2.75% rate in the current market. Such rates were historical lows seen in 2020 and 2021, and today's borrowers would only access them by assuming a mortgage from a seller who locked in that rate previously.