US mortgage rates were little changed last week, with the average contract rate for a 30-year fixed-rate mortgage with conforming balances holding at 6.77%. The stability in borrowing costs provided little incentive for either prospective buyers or existing homeowners to act, with total mortgage application volume slipping just 0.4% from the previous week. Although mortgage rates were unchanged during the week, they remained near the upper end of their recent range and moved slightly higher at the start of this week, suggesting housing activity may remain constrained in the near term. Refinance applications increased 2%, although demand remained subdued as elevated rates continued to discourage borrowers, particularly those with larger loan balances. Meanwhile, applications to purchase homes declined 2% as affordability pressures weighed on demand. Higher monthly payments and broader economic uncertainty are prompting some buyers to delay purchases. source: Mortgage Bankers Association of America

Fixed 30-year mortgage rates in the United States averaged 6.77 percent in the week ending August 14 of 2026. Mortgage Rate in the United States averaged 6.08 percent from 1990 until 2026, reaching an all time high of 10.56 percent in April of 1990 and a record low of 2.85 percent in December of 2020. This page provides the latest reported value for - United States MBA 30-Yr Mortgage Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States MBA 30-Yr Mortgage Rate - data, historical chart, forecasts and calendar of releases - was last updated on August of 2026.

Fixed 30-year mortgage rates in the United States averaged 6.77 percent in the week ending August 14 of 2026. Mortgage Rate in the United States is expected to be 6.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States MBA 30-Yr Mortgage Rate is projected to trend around 5.80 percent in 2027 and 5.70 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-12 11:00 AM
MBA 30-Year Mortgage Rate
Aug/07 6.77% 6.81%
2026-08-19 11:00 AM
MBA 30-Year Mortgage Rate
Aug/14 6.77% 6.77%
2026-08-26 11:00 AM
MBA 30-Year Mortgage Rate
Aug/21 6.77%


Related Last Previous Unit Reference
15-Year Mortgage Rate 6.01 6.01 percent Aug 2026
30-Year Mortgage Rate 6.67 6.69 percent Aug 2026
Average Mortgage Size 375.22 372.83 Thousand USD Jun 2026
MBA Mortgage Market Index 247.70 248.60 points Aug 2026
MBA Mortgage Refinance Index 755.90 744.40 points Aug 2026
MBA Purchase Index 154.80 157.90 points Aug 2026
MBA Mortgage Applications -0.40 3.60 percent Aug 2026
MBA 30-Year Mortgage Rate 6.77 6.77 percent Aug 2026


United States MBA 30-Yr Mortgage Rate
MBA 30-Year Mortgage Rate is average 30-year fixed mortgage lending rate measured during the reported week and backed by the Mortgage Bankers Association.
Actual Previous Highest Lowest Dates Unit Frequency
6.77 6.77 10.56 2.85 1990 - 2026 percent Weekly

News Stream
US Mortgage Demand Stays Weak as Rates Remain High
US mortgage rates were little changed last week, with the average contract rate for a 30-year fixed-rate mortgage with conforming balances holding at 6.77%. The stability in borrowing costs provided little incentive for either prospective buyers or existing homeowners to act, with total mortgage application volume slipping just 0.4% from the previous week. Although mortgage rates were unchanged during the week, they remained near the upper end of their recent range and moved slightly higher at the start of this week, suggesting housing activity may remain constrained in the near term. Refinance applications increased 2%, although demand remained subdued as elevated rates continued to discourage borrowers, particularly those with larger loan balances. Meanwhile, applications to purchase homes declined 2% as affordability pressures weighed on demand. Higher monthly payments and broader economic uncertainty are prompting some buyers to delay purchases.
2026-08-19
US Mortgage Rates Fall Last Week: MBA
The average 30-year fixed mortgage rate for loans of up to $806,500 in the US edged down 4bps to 6.77% in the week ended August 7, 2026, from 6.81% in the previous week, which marked the highest level in a year, according to the Mortgage Bankers Association. The decline tracked lower Treasury yields after a weaker-than-expected jobs report reduced expectations for an imminent Fed rate hike. Mortgage applications increased 3.6%, marking the first rise in three weeks, with applications to purchase a home up 2.5% and those to refinance a home loan rising 5%.
2026-08-12
US Mortgage Rates Reach Fresh 2025-High: MBA
The average 30-year fixed mortgage rate for loans of up to $806,500 in the US increased by 5bps to 6.81% in the week ended July 31st 2026, reaching the highest level in a year, after soaring by 7bps in the previous week, according to the Mortgage Bankers Association. The rise tracked higher Treasury yields, while renewed hostilities in the Middle East pushed oil prices higher, raising inflation concerns. Meanwhile, mortgage applications decreased 2.9%, extending a 6.4% drop in the previous week. Applications to purchase a home slumped 3.6% and those to refinance a home loan dropped 1.9%, after decreases of 3.6% and 9.9% respectively in the previous week.
2026-08-05