Overview

• The average 30‑year fixed mortgage rose to about 6.35% on Friday from 6.13% before the decision, according to Mortgage News Daily data cited by Yahoo Finance.
• Refinance averages climbed to roughly 6.82% after touching an 11‑month low earlier in September, Investopedia reported.
• Mortgage Bankers Association figures show refinancing demand up 58% week over week and purchase applications up about 3%.
• The 10‑year Treasury yield moved higher after the cut and a drop in jobless claims, as markets questioned the pace of additional easing, which lifted mortgage pricing and spreads.
• Early demand indicators improved when rates dipped below roughly 6.64%, although any boost to closed sales typically appears 30–90 days later, housing trackers say.