Mortgage Rates Rise Ahead of CPI Data on September 11, 2026
On Friday, September 11, 2026, mortgage and refinance rates in the U.S. increased ahead of the release of Consumer Price Index (CPI) data later that day. According to Zillow's lender marketplace, average fixed-rate mortgages rose significantly compared to the previous day. The national average for a 30-year fixed rate climbed to 6.83%, up by 19 basis points from Thursday’s level. The rise in rates was also observed across other mortgage products: the 15-year fixed loan increased to 6.18% (up 14 bps), and the 5/1 ARM rose slightly to 6.74%. Refinance rates followed a similar trend, with the 30-year refinance rate reaching 6.82%, just one basis point below its purchase counterpart. The increase in mortgage rates reflects market anticipation of inflation data that could influence Federal Reserve policy decisions and interest rate expectations.
