The average 30-year fixed mortgage rate climbed to 6.66% this week, up from 6.65% last week. Rates have now risen in 6 of the last 8 weekly surveys.
What that means in dollars: on a median $416,000 home with 20% down, this week's rate puts the principal-and-interest payment at $2,139/month, about $3 more than at last week's rate.
The 30-year fixed rose to 6.66% this week, 0.01 points above last week, near the top of its 12-month range of 5.98% to 6.69%.
The 15-year fixed averaged 5.98%, up from 5.95% last week.
For context, the 30-year rate has ranged from 5.98% to 6.69% over the past year. The last time rates were higher was the week of August 13, 2026.
Source: Freddie Mac Primary Mortgage Market Survey via FRED, released August 27, 2026.