Today’s Mortgage Rates Analysis

Gina Pogol
The Mortgage Reports contributor

What’s Impacting Today’s Rates?

For an in-depth look at today’s mortgage rates, see our daily rate update at:

As a mortgage rate shopper, it’s important to know when today’s rates are changing. This is because, when mortgage rates change, mortgage lenders will not honor rate quotes which have not been previously “locked”.

To lock today’s mortgage rates, then, be sure to commit with your lender before current rates begin to move. Whether you’re trying to lock a purchase or a refinance loan, the market waits for no one.

Verify your new rate (Sep 21st, 2021)

About Today’s Mortgage Rates Analysis

Mortgage-backed securities (MBS) prices are inversely related to today’s mortgage rates. When bond prices rise, mortgage rates sink. In general, a twenty-five basis point change in MBS pricing — up or down — leads to a 0.125 percentage point change in mortgage rates.

Mortgage rates change all day, every day. The mortgage rates you get from your bank “now” won’t be the same rates you get from your bank in an hour. Be smart when you shop. Compare multiple lenders and get your best deal.

Get today’s real-time mortgage rates now. Your social security number is not required to get started, and all quotes come with instant access to your live credit scores.

Verify your new rate (Sep 21st, 2021)