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Mortgage rates Tuesday, Aug. 25, 2026
The average interest rate for a 30-year, fixed-rate conforming mortgage loan in the U.S. is 6.722%, slightly down from the day before, according to data from Mortgage Research Center.
TL;DR
- The average 30-year fixed-rate conforming mortgage is 6.722%, down slightly from the day before.
- The average 15-year fixed-rate conforming mortgage is 5.879%, up from the day before.
- Rates for 30-year jumbo, FHA, VA, and USDA mortgages also saw minor changes, with most increasing slightly.
- Interest paid on a $300,000 30-year mortgage at 6.722% is approximately $398,480.09.
- Interest paid on a $300,000 15-year mortgage at 5.879% is approximately $152,160.21.
- Mortgage rates are influenced by the Federal Reserve's federal funds rate, inflation, national debt, and mortgage demand.
- Overall mortgage applications decreased slightly for the week ending August 14, 2026.