Mortgage rates today show the 30-year fixed at 6.77% as of August 28, 2026, with 15-year and refinance rates also moving higher.
As of August 28, 2026, the national average 30-year fixed mortgage rate stands at 6.77%, according to Mortgage News Daily. This marks a modest 0.01% increase from the previous day and places the rate 0.15% above the same week last year. The 15-year fixed rate has climbed more sharply, reaching 6.61%—a 0.31% daily jump and a 0.64% increase over the past week.
Live data from FRED (August 27, 2026) shows the 30-year fixed rate at 6.66%, the 15-year fixed at 5.98%, and the 10-year Treasury yield at 4.66%, producing a 2% spread between the benchmark Treasury and the 30-year mortgage.
The table below aggregates the latest national averages for popular mortgage products:
| Product | Interest Rate | APR |
|---|---|---|
| 30-Year Fixed | 6.72% | 6.78% |
| 20-Year Fixed | 6.60% | 6.68% |
| 15-Year Fixed | 6.09% | 6.19% |
| 10-Year Fixed | 6.18% | 6.26% |
| 30-Year Fixed FHA | 6.32% | 6.37% |
| 30-Year Fixed VA | 6.34% | 6.39% |
Refinance rates are running slightly higher. The national average 30-year fixed refinance rate is 6.87% today, while the 15-year fixed refinance rate sits at 6.19%.
Over the past week, the 30-year fixed mortgage rate has risen 0.01% to 6.77%, according to Mortgage News Daily. The 15-year fixed has increased 0.31% in the same period. A year ago, the 30-year fixed averaged 5.99% and the 15-year fixed averaged 5.55%, illustrating the sustained elevation in borrowing costs since last August.
FRED data released August 27 shows the 30-year fixed at 6.66%, confirming that the Mortgage News Daily survey is tracking slightly above the Federal Reserve’s weekly average.
Although national averages dominate headlines, borrowers in high-cost states often see different pricing. In California, conforming 30-year fixed rates are currently quoted 0.05%–0.10% above the national average, while Texas and Florida markets are running 0.02%–0.04% below. These differences reflect local investor demand and average credit profiles rather than changes in the underlying index.
The 10-year Treasury yield at 4.66% remains the primary benchmark for mortgage pricing. With the spread between the 10-year note and the 30-year mortgage holding near 2%, lenders have limited room to compress margins. Recent economic data releases have kept volatility elevated, contributing to the modest daily upticks observed this week.
Shoppers locking rates today should compare at least three lenders, as individual pricing can vary by 0.125%–0.25% even on identical credit profiles. Consumers can run live scenarios at HomeRates.ai to model payments under different rate and term combinations before contacting lenders.
Mortgage rates today remain elevated, with the 30-year fixed averaging 6.77%. Unless the 10-year Treasury yield declines meaningfully, rates are likely to stay in the mid-to-high 6% range through early September.
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