Mortgage Rates Slightly Higher on Saturday as Fixed Rates Edge Up
On Saturday, August 29, 2026, average U.S. mortgage rates showed slight increases compared to the previous day according to Zillow data. The national average for a 30-year fixed-rate mortgage rose by one basis point to 6.55%, while the 15-year fixed rate increased more significantly by five basis points to reach 5.91%. In contrast, the 5/1 adjustable-rate mortgage (ARM) decreased slightly by five basis points to 6.26%. Refinance rates also saw minor changes on Saturday. The average for a 30-year fixed refinance rose to 6.51%, and the 15-year fixed refinance rate dropped marginally to 5.89%. Veterans Affairs (VA) loan rates remained relatively stable, with VA refinances showing slight declines in some categories. The article also highlights Zillow's mortgage calculator tool for estimating monthly payments based on current interest rates, down payment amounts, and other factors like property taxes and insurance costs.
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Topics: mortgage rates refinance rates Zillow data