NEWReal Estate
Mortgage Rates Drop: 30-Year Fixed Rate at 6.51% August 2026
Published on 8/9/2026
AI Summary
Summarized by AI from the source belowAs of August 9, 2026, mortgage rates have generally decreased. The 30-year fixed mortgage rate is now at 6.51%, down 14 basis points, while the 15-year fixed rate remains unchanged at 6.01%. The 5/1 adjustable-rate mortgage (ARM) has dropped by 28 basis points to 6.37%. These mortgage rate trends could indicate market adjustment influences, impacting homebuyers and refinancing decisions moving forward.
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