US 30-Year Mortgage Rates Soften Further

US 30-year fixed mortgage rates averaged 6.66% as of August 27th, 2026, slightly up from 6.65% in the prior week. “Mortgage rates changed little this week averaging 6.66%,” said Sam Khater, Freddie Mac’s Chief Economist. The economy remains resilient, supported by steady consumer spending and rising household incomes, while increased housing supply and slower price growth in many areas are giving buyers more options and helping create a more balanced housing market. A year earlier, the 30-year fixed-rate mortgage averaged 6.56%. Meanwhile, the 15-year fixed-rate mortgage averaged 5.98%, up from 5.95% in the previous week.

US 30-year fixed mortgage rates declined to 6.65% as of August 20, 2026, down from 6.67% the previous week. Freddie Mac Chief Economist Sam Khater said the decline provided modest relief for homebuyers, while noting that borrowers can potentially save thousands by shopping around for the best mortgage rate. A year earlier, the 30-year fixed-rate mortgage averaged 6.58%. Meanwhile, the 15-year fixed-rate mortgage averaged 5.95%, down from 5.96% the previous week.

US 30-year fixed mortgage rates edged down to 6.67% as of August 13, 2026, from 6.69% the previous week, ending a streak of five consecutive weekly increases. Freddie Mac Chief Economist Sam Khater said mortgage rates remained relatively stable, while improved housing affordability and recent increases in purchase and refinance applications suggest borrowers continue to respond to modest rate changes. A year earlier, the 30-year fixed-rate mortgage averaged 6.58%. Meanwhile, the 15-year fixed mortgage rate fell to 5.96% from 6.01% a week earlier.