Andrew Dehan

The current average rate for a 30-year fixed mortgage is 6.61, The average rate you'll pay for a 15-year fixed mortgage is 6.00 percent, and the average rate on a 5/1 ARM is 5.86 percent.

The current average rate for a 30-year fixed mortgage is 6.60, The average rate you'll pay for a 15-year fixed mortgage is 5.96 percent, and the average rate on a 5/1 ARM is 5.74 percent.

The current average rate for a 30-year fixed mortgage is 6.58, The average rate for the benchmark 15-year fixed mortgage is 5.97 percent, and the average rate on a 5/1 ARM is 5.76 percent.

The current average rate for a 30-year fixed mortgage is 6.56, The average rate you'll pay for a 15-year fixed mortgage is 5.93 percent, and the average rate on a 5/1 ARM is 5.83 percent.

“How much house can I afford?” That’s the first question prospective homebuyers should ask themselves.

“How much house can I afford?” That's the first question prospective homebuyers should ask themselves.

Private mortgage insurance (PMI) is an extra expense for conventional mortgage borrowers who make a down payment of less than 20%. Although the borrower pays for it, PMI actually protects

Key takeaways Credit unions may offer lower mortgage rates and fees, but often require people to meet specific requirements to join.

Private mortgage insurance (PMI) is an extra expense for conventional mortgage borrowers who make a down payment of less than 20%. Although the borrower pays for it, PMI actually protects

Key takeaways As of August 24, 2026, the average rate for a 30-year, fixed loan was 6.71% — up from the beginning of the year, and higher than the 2025 average of 6.66%.