The average rate for a 30-year fixed-rate mortgage held steady at 6.66% in the week ending August 27, 2026, according to Freddie Mac’s Primary Mortgage Market Survey.
The rate edged up slightly from 6.65% the previous week and increased from 6.56% a year earlier. The 15-year fixed-rate mortgage averaged 5.98%, up from 5.95% the prior week and 5.69% in the same week of 2025.
Freddie Mac Chief Economist Sam Khater attributed the stability to a resilient economy, citing steady consumer spending and rising household incomes. He noted that increased housing supply and slower price growth had improved buyer options, contributing to a more balanced market.
The survey data, published by Freddie Mac, reflects conditions in the primary mortgage market and is widely tracked by lenders and borrowers.
