The 30-year mortgage averaged 6.76% this week, up from 6.71%. Will Freddie Mac's Sept 17 survey top 6.85%?

Freddie Mac's Primary Mortgage Market Survey, released September 17, 2026, put the average 30-year fixed-rate mortgage at 6.95%, up from 6.76% the prior week and above the 6.85% threshold in the question. It was the fourth consecutive weekly increase in the survey. The 15-year fixed-rate mortgage also rose, averaging 6.26%, up from 6.09% a week earlier. The increase followed the Federal Reserve's September 16 decision to raise its benchmark interest rate by a quarter point, its first hike in three years, after policymakers said inflation remained too high to justify holding steady. Long-term mortgage rates track the 10-year Treasury yield rather than the Fed's short-term rate directly, and yields rose as bond markets priced in a longer stretch of restrictive policy following the hike and hawkish signals from Fed officials about further increases. Predict Six's community leaned toward "no" ahead of the survey, with only 35 percent of voters expecting the rate to clear 6.85%. The actual reading of 6.95% cleared that mark by 10 basis points, meaning the community's majority view did not match the outcome.