Lending desk · September 9, 2026

This week’s inflation calendar is not a lock

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Wednesday’s lending note is about the inflation week that is now on the calendar, not about inventing a coupon. The August 30 rate note already said PPI and CPI land the week after Labor Day. That week is underway. Sunday’s note, written before the holiday, called those prints next week’s calendars. They are still not a lock. This desk has sourced neither PPI nor CPI. The last official daily 30-year cited here is still 6.81% as of August 28.

What can an inflation print move, and what can it not rewrite?

PPI and CPI, when BLS publishes them, are producer and consumer price indexes. They can move the 10-year and, later, the next mortgage survey. They do not reprint Mortgage News Daily’s last cited daily coupon. Tuesday’s note already said a weekday survey day is not a sourced number. Today’s split is different: an inflation calendar is not that coupon either.

Keep 6.81% as of August 28 until a newer dated daily index is sourced. The 15-year context from that same Friday print is 6.35%. Freddie Mac’s weekly 30-year remains 6.66% as of August 27. Weekly claims last cited here are 203,000. The last official monthly payrolls figure named here is July, down 23,000. August’s Employment Situation has not been sourced. Invent none of those as this afternoon’s APR.

What should a midweek letter cite before FOMC week?

Name 6.81% as of August 28 and say it is not a lock. If PPI or CPI publishes later this week, that print gets its own dated note with the as-of month next to the number. Do not treat a rumor about either release as a mortgage index. The September 15–16 FOMC meeting is still the policy date this site has named.

Use the payment calculator only as a shape. Add tax and insurance. The result is not an approval. This publication does not originate loans or take applications. A lock belongs with a licensed originator after a named coupon.

FAQ

Did this site cite PPI or CPI on September 9?

No. The August 30 rate note placed those inflation prints in the week after Labor Day. This morning note invents neither number. They are not a lock.

What 30-year should a midweek letter cite this week?

The last official daily 30-year cited here is 6.81% as of August 28, 2026, until a newer dated index is sourced. That is not a lock.

Sources: August 30 rate note calendar (PPI and CPI the week after Labor Day; Labor Day Monday, September 7, 2026); BLS PPI calendar (producer prices when published; no invented Wednesday print); BLS CPI calendar (consumer prices when published; no invented Wednesday print); Mortgage News Daily daily rate index (30-year 6.81% as of August 28, 2026); Freddie Mac PMMS (weekly 30-year 6.66% as of August 27, 2026); Federal Reserve FOMC calendar (September 15–16, 2026 meeting).

Stay on the desks, the dated notes, and the educational explainers. None of these pages is an application.

Mortgage Rates Sit at 6.81% Heading Into a Jobs-Heavy Week National 30-year index as of 2026-08-28.
National mortgage indexes and what they mean for buyers and owners
Existing-home turnover, new supply, and the lock-in effect
Cap rates, takeout costs, and land that still has to pencil
Vacancy, rent, and the operating brief
PPI can print this week. That is an input-cost index, not a 10-year close and not a cap rate. Keep 4.73% from August 28 until a dated curve is sourced.
Agents can load Labor Day leftovers onto the MLS on a Wednesday. That is sheet flow, not NAR months of supply. Listings still face 6.81% as of August 28.
Holiday-weekend callbacks can pile into Wednesday. That is a backlog, not collected rent. HVS did not print. Count applications next to the rent roll.