Mortgage Rates Rise Slightly on September 21, 2026
On Monday, September 21, 2026, mortgage rates showed a slight increase compared to previous days. According to Zillow data, the average national rate for a 30-year fixed purchase loan rose by three basis points to 7.04%. Refinance rates were slightly lower than their purchase counterparts across most terms, with only the 5/1 ARM matching at 7.04%. The 20-year and 15-year fixed-rate mortgages also saw small increases in both purchase and refinance categories. The VA loan market showed mixed results: while the 30-year VA rate increased to 6.48%, other terms like the 15-year (6.12%) remained stable or slightly improved for refinancing options, with a notable drop seen on the 5/1 ARM refinance at 5.84%. These changes reflect ongoing market dynamics influenced by broader economic conditions and lender behavior. Consumers are advised to use mortgage calculators that include property taxes, insurance, and other fees when evaluating their total monthly payments. The data is sourced from Zillow's Mortgage API and reflects national averages rounded to the nearest hundredth.
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Topics: mortgage rates refinancing Zillow data