Property management desk · August 28, 2026
A 6.75% purchase rate changes who stays
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Friday morning’s operations brief uses Thursday’s official tape. The national 30-year daily index held at 6.75% as of August 27. Warsh speaks later today and can move Friday’s close. Renewal math should not wait on a keynote. Households that cannot buy at a mid-6% index often stay. That is tenure, not a marketing slogan.
How should a renewal meeting use a 6.75% index?
Use the index as the alternative the resident cannot easily lock. Add tax and insurance if they are shopping a purchase. A calculator result is not an approval. If the resident’s payment at 6.75% plus escrow exceeds the renewal, many stay. If it does not, some leave. Count notices, not vibes.
Freddie Mac’s weekly 30-year is 6.66% as of August 27. Weekly and daily surveys can differ. Do not tell a resident that “rates are 6.66%” if the daily index is 6.75%. Name the series and the as-of date.
What occupancy series still has not printed?
Census HVS is quarterly. BLS CPI rent prints on the CPI calendar. This Friday note invents neither. If Warsh shocks the 10-year, Saturday’s lending note will carry the new mortgage index. Operations can update tenure assumptions then.
FAQ
Should property managers delay renewals until after Jackson Hole?
Only if the file is already in a real negotiation and the resident is rate-sensitive. Most in-place leases do not reprice off a speech the same afternoon.
What 30-year figure is current on the morning of August 28?
The last official national daily index on this site is 6.75% as of August 27, 2026. Friday’s close may change that on the next lending note.
Sources: Mortgage News Daily daily rate index (30-year 6.75% as of August 27, 2026); Freddie Mac PMMS (weekly 30-year 6.66% as of August 27, 2026); Census HVS (quarterly calendar); Kansas City Fed Jackson Hole calendar (Warsh keynote, August 28, 2026).