On August 23, 2026, mortgage interest rates rose to a new high

The interest rate on mortgages and refinancing on 23 August 2026 rose from the previous week, with fixed interest rates for the current 30-year period rising by 10 basis points to 6.64 per cent, fixed interest rates for the 15-year period rising by 2 basis points to 5.88 per cent and refinancing rates increasing by 50 basis points to 6.74 per cent as the main sales season ended. According to Zillow, the interest rate on mortgages is generally higher than last week, and the 30-year mortgage rate is expected to remain around 6.5 per cent in 2026。