Average 30-year fixed mortgage rates reached 7.05% on Friday, reflecting a 4-basis-point increase as the housing market adjusts to recent Federal Reserve policy shifts.
Zillow is cited as the source for mortgage rate data, but the article does not discuss its financial performance.
Freddie Mac's weekly survey is cited for average mortgage rates, but no company-specific implications are discussed.
Fannie Mae's mortgage rate forecast is mentioned, but the article provides no direct analysis of the company itself.
Mortgage rates trended higher on Friday, September 18, 2026, with the average 30-year fixed rate rising to 7.05%. This uptick follows the Federal Reserve's recent rate hike, impacting borrowing costs across various loan terms. Industry forecasts from the MBA and Fannie Mae suggest rates will likely hover between 6.6% and 6.8% through the remainder of the year.
As of September 18, 2026, the national average for a 30-year fixed mortgage is 7.05%.