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Mortgage Rates Friday, August 21, 2026
The average interest rate for a 30-year, fixed-rate conforming mortgage loan in the U.S. is 6.701%, up from the day before, according to data from Mortgage Research Center.
TL;DR
- Average interest rate for a 30-year fixed-rate conforming mortgage is 6.701%, up from the previous day.
- Average interest rate for a 15-year fixed-rate conforming mortgage is 5.843%, also up from the previous day.
- Rates for jumbo, FHA, VA, and USDA loans have also seen slight increases.
- Mortgage rates are indirectly influenced by the Federal Reserve's federal funds rate.
- Overall mortgage applications saw a slight decrease of 0.4% for the week ending August 14.
- Shopping around with multiple lenders can save homebuyers money, potentially $600 to $1,200 per year.