{
  "id": 6908703,
  "title": "Mortgage and refinance interest rates today, Friday, September 11, 2026: Rates shoot up ahead of CPI data",
  "url": "https://urgent.news/2026/09/11/mortgage-and-refinance-interest-rates-today-friday-september-11-2026",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-11T10:00:00.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/personal-finance/mortgages/article/mortgage-and-refinance-interest-rates-today-friday-september-11-2026-rates-shoot-up-ahead-of-cpi-data-100000037.html"
  },
  "original_language": "en",
  "account": "On Friday, September 11, 2026, mortgage rates in the United States surged ahead of the Consumer Price Index (CPI) data, according to the Zillow lender marketplace. The average 30-year fixed rate rose to 6.83%, an increase of 19 basis points since the previous day. The 15-year fixed loan rate is currently at 6.18%, 14 basis points higher than yesterday. The 5/1 ARM rate is at 6.74%, unchanged from Thursday.\n\nThese figures represent national averages and have been rounded to the nearest hundredth of a percent. Rates for purchasing a home are typically higher than refinance rates, though this is not always the case. Mortgage refinance rates are often higher than purchase rates, although this is not always the situation.\n\nMortgage interest rates are expressed as a percentage and represent the fee charged by lenders for borrowing money. Borrowers can select between fixed and adjustable rates. A fixed-rate mortgage locks in the interest rate for the entire term of the loan, such as a 30-year mortgage with a 6% interest rate. With a fixed-rate mortgage, the rate remains at 6% for the entire 30-year term unless the borrower chooses to refinance or sell the home.\n\nOn the other hand, an adjustable-rate mortgage starts with a fixed rate for a predetermined period and then adjusts periodically. For example, if a borrower obtains a 7/1 ARM with an introductory rate of 6%, the rate would remain at 6% for the first seven years and then adjust annually for the remaining 23 years of the loan term. The direction of the rate change depends on various factors, such as the economy and housing market conditions.\n\nThe 30-year fixed-rate mortgage might be an appropriate choice for borrowers seeking a lower monthly payment and the predictability that comes with a fixed rate. However, it is essential to note that the rate will be higher than with a shorter-term loan, and borrowers will pay significantly more in interest over the years. In contrast, a 15-year fixed-rate mortgage could be suitable for those aiming to pay off their home loan quickly and save money on interest. While these shorter terms come with lower interest rates, borrowers must ensure they can comfortably afford the higher monthly payments associated with 15-year terms.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}