August 27, 2026

Mortgage Rates Today, August 27, 2026 (index as of Aug 26 close)

Daily index figures are Mortgage News Daily as of the August 26, 2026 close. The index posts each afternoon, so a morning update carries the prior business day.

By Brendin Straubel, NMLS #1757609 · All daily updates

Today’s index numbers

30-year fixed: 6.65% (−0.02 vs. prior week) — Freddie Mac Primary Mortgage Market Survey via FRED, week of August 20, 2026. A new survey publishes today at noon Eastern.
15-year fixed: 5.95% (−0.01 vs. prior week) — Freddie Mac Primary Mortgage Market Survey, week of August 20, 2026
Daily rate index: 6.75% 30-year fixed (+0.01 on the day) — Mortgage News Daily, as of August 26, 2026. The same index shows FHA 30-year at 6.33%, VA 30-year at 6.35%, jumbo 30-year at 6.88% and the 7/6 ARM at 6.31%.

These are national survey and index averages, not an offer.

What moved rates

The improvement earlier this week has stalled. Mortgage News Daily’s daily index rose 0.01 to 6.75% on Wednesday, giving back most of Tuesday’s move, and its bond commentary attributes the weakness to a PCE inflation reading that came in above forecast at the headline level, with the core measure roughly in line. The 10-year Treasury yield closed near 4.67%, up about 0.02 on the day.

That is a small move, but the direction matters more than the size. Inflation readings are what the bond market prices mortgage rates off, and an above-forecast print pushes yields up because it makes near-term rate relief less likely. Two days ago the story was falling oil prices pulling yields down; yesterday it was inflation pushing them back. Both are the same mechanism working in opposite directions, which is a fair description of the last several weeks: a range, not a trend.

Today brings the week’s most-watched number for anyone tracking this site. Freddie Mac publishes its new Primary Mortgage Market Survey at noon Eastern, covering rates offered from last Thursday through yesterday. Because that window includes both Tuesday’s improvement and Wednesday’s give-back, the weekly figure is likely to land close to where it already sits rather than move sharply in either direction.

What it means if you are…

Buying. Nothing in the last two days changes a budget. The 30-year has held in the mid-to-high 6s for weeks, and the daily swings have been a penny either side of that. If you are actively shopping, the comparison worth making is between offers issued on the same day, using the rate and the APR together, rather than between this week’s average and last week’s.

Refinancing. A day like Wednesday is a reminder that the window opens and closes on inflation data rather than on schedule. If your existing rate is in the 7s, the gap to today’s average is what matters, and it is worth having the break-even calculated in advance so a decision can be made in a day rather than a week.

Under contract. Rates that give back an improvement within 24 hours are the normal case, not the exception. A lock decision should follow your closing date and how much payment variability you can absorb. If today’s noon survey matters to your thinking, it is worth waiting the few hours to see it.

What a $400,000 loan looks like at today’s average

At 6.65% on a 30-year fixed, principal and interest on a $400,000 loan is approximately $2,568 per month (6.65% ÷ 12 = 0.5542% monthly rate, over 360 payments). At the daily index reading of 6.75%, the same loan is approximately $2,594 — a difference of about $27 a month, or roughly $9,600 across the full term. These figures exclude property taxes, homeowners insurance, flood insurance, mortgage insurance and any association dues; the actual monthly obligation will be greater.

Florida note

Florida buyers comparing offers this week should look closely at how each lender estimated the insurance escrow, because that single line can differ by hundreds of dollars a month between two otherwise similar Loan Estimates and it is not something the lender controls. It is set by the policy you bind. Getting an actual wind and flood quote before comparing offers makes the comparison meaningful; without it you are comparing two different guesses.

Rates shown could change or may not be available at commitment or closing. For a quote on your own scenario, use the rate-quote form on this page.

Daily Mortgage Rates is published by PMF, Inc. d/b/a Pioneer Mortgage Funding, NMLS #1980 · Branch NMLS #2681379 · Mortgage Loan Originator: Brendin Straubel, NMLS #1757609 · 401 E Jackson St, Suite 2340, Tampa, FL 33602 · 813-728-7764 · bstraubel@pmfmortgage.com. Verify licensing at nmlsconsumeraccess.org. Not a commitment to lend. All loans subject to credit approval.