When will mortgage rates go down? The bond market isn't helping.

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Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure . When will mortgage rates go down? The bond market isn't helping. E. Napoletano Contributor Hal Bundrick, CFP Senior Writer Thu, September 10, 2026 at 2:14 PM PDT 8 min read Mortgage rates are the highest they've been in well over a year, and the Federal Reserve is considering a rate hike, while the bond market is reaching multi-year yields. What will it take for mortgage rates to finally move down? See today's best rates. Are mortgage rates dropping? No. As of Sept. 10, Freddie Mac reported that the average 30-year fixed-rate mortgage rate was 6.76%. This is five basis points higher than last week. At this time in September 2025, mortgage rates averaged 6.35%, 41 basis points lower. The average 15-year fixed mortgage rate this week was 6.09%, up five basis points from last week, and 59 basis points higher tha...

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