Today's Mortgage Rates, August 31: 30-Year Fixed at 6.55%, Purchase Beats Refinance
As of Monday, August 31, 2026, a purchase mortgage costs a little more than a refinance. The 30-year fixed purchase rate is 6.55%, four basis points above the refinance rate for the same term. The difference is small, but it is the figure that matters if you are choosing between buying and refinancing. Today's Mortgage…
Best Alternatives to Traditional Mortgage Refinancing in 2026
Feeling stuck with your current mortgage, but the idea of a full-blown refinance feels like too much hassle, or maybe even too expensive? You're not alone. Many homeowners in 2026 are exploring smarter ways to tap into their home's value or adjust their payments without the often-daunting process of a traditional mortgage refinance. The good…
Is a September 2026 Fed Rate Hike Already Locked In?
A September 2026 Fed interest rate hike, once considered unlikely, is now looking increasingly possible. Bond market traders are now pricing in a real chance of a hike rather than a cut. Just weeks ago, markets priced the odds of a hike at only about one in three. Fed Chair Kevin Warsh signaled as much…
Mortgage Rates Today, August 31, 2026: 30-Year Refinance Rate Rises by 10 Basis Points
If you're thinking about refinancing your mortgage, you'll want to know that the average 30-year fixed refinance rate is up 10 basis points this week, hitting 7.07%. This little bump means that locking in a new rate might be a bit more costly than it was last week. But don't let that single number scare…
Today's Mortgage Rates August 30: 30-Year Climbs to 6.55% as Treasury Yields Hit 4.73%
If you're thinking about buying a home or refinancing your current mortgage, you'll want to know that today, August 30, 2026, mortgage rates are looking a little higher than they did last week. The popular 30-year fixed mortgage has crept up, and while some other rates have dipped, the overall trend points towards a bit…
Mortgage Rates Today, August 30, 2026: 30-Year Refinance Rate Rises by 12 Basis Points
As of August 30, 2026, the average 30-year fixed refinance rate has moved up to 7.08%, a 12 basis point increase from the previous week. This means homeowners considering refinancing may find slightly higher costs for their new mortgage loans. Now, I know “basis points” can sound a little technical, but think of it like…
Today's Mortgage Rates, August 29: 30-Year Hits 6.88% as Sticky Inflation Keeps Fed on Hold
Today's mortgage rates, August 29, 2026, jumped sharply: the 30-year fixed climbed to 6.88%, pushing it near its highest point of the year, as sticky inflation keeps the Federal Reserve on hold. The 15-year fixed rose to 6.25%, while the 7-year ARM was the lone bright spot, dipping slightly to 6.63%. With core inflation measures…
Mortgage Rates Today, August 29, 2026: 30-Year Refinance Rate Drops by 15 Basis Points
If you're thinking about changing your mortgage, you're in for some good news. Today, August 29, 2026, is a day where homeowners looking to refinance can find a bit more breathing room, as the popular 30-year fixed refinance rate has dipped by 15 basis points, settling at 6.85%. This little drop might seem small, but…
Interest Rate Hike Predictions Surge Following Warsh’s Hawkish Jackson Hole Debut
After Federal Reserve Chairman Kevin Warsh's powerful speech at the big Jackson Hole meeting, most folks who watch the money world are now thinking a rate hike in September is more likely than not. This is a pretty big deal because it means borrowing money could get more expensive, and it sends a strong signal…
