Mortgage rates
Mortgage rates this week, and what they mean for a HUD home
The national average updates here every week from Freddie Mac’s survey, the same numbers the news quotes. Below it: what that average does and does not tell a Colorado HUD buyer, why an FHA rate is a different number, and how to lock when your bid window is 15 days.
Call or text 303-955-4220 and a live person answers. Not a robot, not a phone tree.
A national average
Freddie Mac surveys lenders weekly. It assumes 20% down and strong credit on a conforming loan. Your rate will not match it exactly.
FHA is its own rate
Most Colorado HUD purchases use FHA. FHA rates usually sit below the conventional average, but mortgage insurance is added on top.
Lock inside the window
A 15-day owner-occupant window means you pre-approve first, then lock the day HUD accepts. Waiting for a better week is how deals die.
What a quarter point costs
On a $350,000 loan, 0.25% is roughly $55 a month. Real, but smaller than a bad appraisal or a missed deadline.
| Week | 30-yr | 15-yr |
|---|---|---|
| September 17, 2026 | 6.95% | 6.26% |
| September 10, 2026 | 6.76% | 6.09% |
| September 3, 2026 | 6.71% | 6.04% |
| August 27, 2026 | 6.66% | 5.98% |
| August 20, 2026 | 6.65% | 5.95% |
| August 13, 2026 | 6.67% | 5.96% |
| August 6, 2026 | 6.69% | 6.01% |
| July 30, 2026 | 6.66% | 6.04% |
| July 23, 2026 | 6.58% | 5.96% |
| July 16, 2026 | 6.55% | 5.93% |
| July 9, 2026 | 6.49% | 5.82% |
| July 2, 2026 | 6.43% | 5.79% |
National averages for conforming loans with 20% down and strong credit; FHA and 203(k) rates on a HUD home will differ. Your rate depends on the loan, your credit and the day you lock. Get a real quote from Mike Oswald at Rate, or read what these numbers mean for a HUD purchase.
How to read this if you are buying a HUD home
- It is a benchmark, not your quote. The survey assumes a conforming loan, 20% down and excellent credit. A HUD buyer with 3.5% down on FHA, or $100 down with the incentive, is priced differently. Financing a HUD home explains which loan fits which listing.
- FHA rates run their own track. They are often a little under the conventional average because the loan is government-insured, but you add mortgage insurance. FHA versus conventional in Denver shows the real monthly comparison.
- Direction matters more than the decimal. If rates are rising week over week, pre-approve now and be ready to lock the day HUD accepts your bid. If they are falling, your lender can talk about a float-down. Either way, the bid window does not wait.
- The payment math. Every 0.25% on a $350,000 loan moves the payment about $55 a month. Meaningful over 30 years, but a HUD home priced $30,000 under the street beats a quarter point every time. Run your own numbers.
What moves rates
Mortgage rates follow the 10-year Treasury more than the Fed’s overnight rate. Inflation reports, jobs numbers and Fed meeting minutes move them week to week. None of that is worth trying to time from a HUD bid window. What is worth doing: get a real pre-approval, know your payment at today’s rate plus a quarter point of cushion, and bid on a home you can carry either way.
Getting an actual rate
Only a lender can quote your rate, and it is only real once it is locked. Mike Oswald at Rate has lent to Colorado families since 2001, works HUD files every week, and can pre-approve fast enough for a bid window. You are free to use any lender; we name Mike because the deals close. Call or text him at (303) 917-6737.
Where to go next
Free guide, PDF
$100 Down: The HUD Home Financing Guide
The $100 down rule, CHFA, HUD paying your closing costs: the stack that gets a buyer in for about $1,000. 14 pages, free.
Get the free guideInstant download. We email you a copy too. No spam, ever.
Find every home available, not just HUD homes
Advanced home search: every listing on the Colorado MLS, with the full filters, on kennarealestate.com.
Opens kennarealestate.com, the Kenna Real Estate Group’s full MLS search. HUD homes only? Use the tiles and the map on this site.
Ask us about rates and financing
Tell us what you are working with and we will tell you honestly whether a HUD home is the way to get there. No cost, no obligation, and nobody sells you anything.
Call or text 303-955-4220
A live person answers. Not a robot, not a phone tree.
