30-Year Mortgage Rate Falls to 6.64% Amid Market Shifts
The benchmark 30-year fixed rate dropped 9 basis points to 6.64% today. Adjustable-rate mortgages saw larger declines, with the 5/1 ARM falling 30 basis points.
Mortgage rates declined across the board on Thursday, September 10, 2026. The 30-year fixed-rate purchase loan fell 9 basis points to 6.64%. This marks a reversal from recent upward pressure.
Shorter-term fixed loans also eased. The 15-year fixed purchase rate dropped 1 basis point to 6.04%. National averages remain stable despite the daily fluctuations.
Adjustable Rates Show Sharper Declines
Adjustable-rate mortgages experienced more significant drops. The 5/1 ARM purchase rate fell 30 basis points to 6.73%. The 7/1 ARM settled at 6.52%.
Refinance rates followed the downward trend. The 30-year fixed refinance rate stands at 6.81%. The 15-year fixed refinance rate is 6.09%.
Veterans Affairs loan options remain competitive. The 30-year VA purchase rate is 6.20%. The 15-year VA purchase rate is 5.83%.
Economic Factors Drive Rate Movements
Lender behavior and borrower profiles influence specific quotes. Higher credit scores and lower debt-to-income ratios secure better terms. Economic indicators set the broader direction.
Employment data and housing market conditions play key roles. Rate changes reflect these macroeconomic shifts. Borrowers should monitor these trends before locking in terms.
Data Source and Methodology
These figures come from the Zillow lender marketplace. They represent national averages rounded to the nearest hundredth. Individual offers may vary by region and lender.
GN auto markets/bonds: interest rates tracks these daily movements. The data provides a snapshot of current borrowing costs. It serves as a baseline for market analysis.
