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U.S. 30-Year Mortgage Rate Reaches Highest Point in a Year
August 23, 2026
Why it matters locally: The increase in mortgage rates could influence housing affordability and purchasing power for individuals and families across Oklahoma, impacting decisions on homeownership and real estate market activity.
The average interest rate for a 30-year fixed-rate mortgage in the United States increased to 6.66%, mortgage buyer Freddie Mac announced Thursday. This represents a rise from 6.58% in the previous week. One year ago, the average rate for this type of mortgage stood at 6.72%. The current rate now exceeds all weekly averages recorded since that time.
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