empty
 
 

16.09.202611:00:00UTC+00U.S. MBA 30-Year Mortgage Rate Edges Higher to 6.97%

The average U.S. 30-year mortgage rate tracked by the Mortgage Bankers Association (MBA) has inched up to 6.97%, compared with 6.85% previously, according to data updated on 16 September 2026.

This rise of 12 basis points marks a renewed uptick in borrowing costs for homebuyers and refinancers, underscoring persistent pressure in the housing finance market. While the move keeps rates below the 7% threshold only marginally, it may weigh further on affordability and could dampen mortgage application volumes if the trend continues.

Investors and housing market participants will be watching upcoming economic data and central bank signals closely to gauge whether this latest increase represents a short-term fluctuation or the start of a more sustained move higher in longer-term borrowing costs.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $3000 more!
    In September we raffle $3000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback