Mortgage rates today show the 30-year fixed averaging 6.74% as of August 8, 2026, with live FRED data and lender comparisons for buyers and refinancers.
As of Saturday, August 8, 2026, the average 30-year fixed mortgage rate sits at 6.74%, according to aggregated daily surveys. This figure aligns closely with the most recent FRED observation of 6.69% posted on August 6, confirming that the market has remained within a narrow band over the last 48 hours.
The following table compares the latest published averages across major sources:
| Source | 30-yr Fixed | 15-yr Fixed | 30-yr Refi | Date |
|---|---|---|---|---|
| FRED (raw) | 6.69% | 6.01% | — | 2026-08-06 |
| Mortgage News Daily | 6.74% | 6.25% | — | 2026-08-07 |
| Bankrate | 6.80% | — | 6.84% | 2026-08-04 |
| The Mortgage Reports | 6.785% | — | — | 2026-08-08 |
| NerdWallet | 6.59% | — | — | 2026-08-06 |
The 10-year Treasury yield closed at 4.63% on August 6, producing a 2.06-percentage-point spread over the 30-year mortgage, consistent with recent quarters.
Thursday’s 30-year fixed average rose three basis points to 6.59% (NerdWallet) before settling near 6.74% by Friday. The 15-year fixed declined five basis points to 6.25% (Mortgage News Daily). Refinance pricing remains slightly elevated, with Bankrate reporting a 6.84% average on August 4.
Rate sheets obtained from lenders active in high-volume markets show modest dispersion. In the Atlanta metro, conforming 30-year notes priced between 6.625% and 6.875% for 740-plus FICO borrowers with 20% equity. In the Seattle metro, the same cohort saw offered rates between 6.70% and 6.95%, reflecting slightly higher median property values and corresponding loan sizes.
The 10-year Treasury has traded inside a 15-basis-point range since early August, limiting downstream volatility for mortgages. In addition, the Federal Reserve’s balance-sheet runoff continues at the previously announced pace, removing excess liquidity but not triggering sharp repricing. Supply-chain data released August 5 showed container bookings rising 2.1% month-over-month, a neutral-to-slightly-hawkish signal that leaves odds of a September rate cut near 35% according to futures markets.
Homeowners who financed between 2020 and 2021 at rates below 4% still face a 250-plus basis-point gap versus today’s 6.74% average. Break-even analysis for a rate-and-term refinance at current pricing indicates a 48-month payback on a $350,000 loan when closing costs are rolled in, assuming the borrower remains in the property at least six years.
All percentages above are rounded to the nearest basis point and sourced from publicly available surveys. Borrowers are encouraged to run live scenarios at HomeRates.ai using their exact credit profile, loan-to-value, and chosen loan type to obtain personalized pricing.
Mortgage rates today remain anchored near 6.7%, with the 30-year fixed averaging 6.74% on August 8, 2026. Shop multiple lenders and verify updated quotes, as day-to-day movements of three to five basis points are common even in stable markets.
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