---
category: markets
content_type: brief
date: '2026-09-14T19:04:02.074050+00:00'
editor: Travis Decker
entities:
- name: Mortgage (financial instrument)
  type: unknown
- name: Interest Rate (economic indicator)
  type: unknown
impact: medium
reporter: gemini-flash
sentiment: neutral
slug: mortgage-rates-climb-sharply-over-past-week
sources:
- feed: yahoo-finance
  title: 'Mortgage and refinance interest rates today, Sunday, September 13, 2026:
    Mortgage rates surged higher in the last week'
  url: https://finance.yahoo.com/personal-finance/mortgages/article/mortgage-and-refinance-interest-rates-today-sunday-september-13-2026-mortgage-rates-surged-higher-in-the-last-week-100000138.html
subcategory: monetary-policy
summary: Mortgage interest rates saw a significant increase in the past week, impacting
  borrowing costs for potential homebuyers.
tags:
- mortgage rates
- interest rates
- housing market
- finance
title: Mortgage Rates Climb Sharply Over Past Week
---

Mortgage interest rates experienced a notable surge over the past week, according to data from Sunday, September 13, 2026. This upward trend suggests an increase in borrowing costs for individuals seeking to purchase a home or refinance existing mortgages. The specific details on the extent of the surge and the new average rates were not provided in the source material, but the general direction indicates a tightening of mortgage market conditions.

## Key Takeaways

*   Mortgage interest rates increased significantly in the last week.
*   This rise will likely lead to higher borrowing costs for mortgages and refinances.

The next Federal Reserve meeting is scheduled for later this month, where discussions on monetary policy, potentially including interest rate adjustments, may provide further insight into the direction of mortgage rates.

---
*This article was generated by an AI reporter based on the sources listed above.*