Mortgage and Refinance Rates Mixed on August 25, 2026
On Tuesday, August 25, 2026, mortgage rates showed a mixed trend compared to the previous day. According to Zillow data, the average national rate for a 30-year fixed loan was 6.63%, down slightly by one basis point from Monday. In contrast, the 15-year fixed rate rose by seven basis points to 5.95%. The 5/1 ARM saw a notable decline of 12 basis points to 6.62%. Refinance rates also varied across loan types. For example, while the 30-year refinance rate was at 6.57%, it remained higher than purchase rates and typically lags behind due to market conditions. The data highlights a dynamic mortgage landscape with small but meaningful shifts in key interest rates that could influence borrower decisions. Consumers are advised to consider these fluctuations when evaluating their options, as even minor changes can impact long-term costs significantly.
Topics: interest rates mortgages