Mortgage rates: Week of September 28, 2026
A plain, factual recap of where U.S. mortgage-rate benchmarks moved during Sep 28 – Oct 2, 2026 — the OBMMI medians RallyRates tracks and the 10-year Treasury that anchors them. We report the moves; we never forecast.
| Benchmark | Mon | Fri | Week |
|---|---|---|---|
| 30-yr conventional | 7.310% | 7.379% | +7 bp |
| 15-yr conventional | 6.672% | 6.653% | −2 bp |
| FHA 30-yr | 7.045% | 7.093% | +5 bp |
| VA 30-yr | 7.030% | 7.043% | +1 bp |
| 10-yr Treasury (the driver) | 5.240% | 5.280% | +4 bp |
Over Sep 28 – Oct 2, 2026, the conventional 30-year benchmark opened at 7.310% and closed at 7.379%. The 10-year Treasury climbed 4bp on the week, and conventional 30-year mortgage rates followed higher.
The 15-year conventional closed the week at 6.653%; FHA 30-year at 7.093%. These are benchmark medians, not a lender quote — for a live, lowest-APR-first board of real published rates, open the terminal.
On the calendar that week: Retail sales (Mon) — the scheduled releases that most move the Treasury market behind mortgage rates. We note what was on the docket, not a cause.