Mortgage Rates Rise Slightly in August 2026
On Sunday, August 30, 2026, mortgage rates across several fixed and adjustable-rate products showed mixed movements. The national average for the 30-year fixed rate increased by 18 basis points to 6.55%, while the 15-year fixed rose slightly by 3 basis points to 5.91%. In contrast, the 5/1 ARM dropped significantly by 48 basis points to 6.26%. Refinance rates also showed similar trends but were generally higher than purchase rates. The data comes from Zillow's lender marketplace and reflects national averages rounded to the nearest hundredth. These changes in mortgage rates could impact both homebuyers and refinancers, with potential effects on housing demand and borrowing costs across different loan types.
Tickers: $ZG
Topics: housing market interest rates refinance