Mortgage rates hit highest level in over a year: Mortgage and refinance interest rates today, Thursday, September 3, 2026

Mortgage and refinance interest rates have reached their highest levels in over a year as of Thursday, September 3, 2026. Specifically, the average rate for a 30-year mortgage has climbed to its peak point seen in 13 months. This upward trend reflects a significant increase in borrowing costs for homeowners and new buyers seeking financing. The current market data indicates a sharp rise in rates compared to the previous year's financial landscape.