business
1 min read
U.S. 30-Year Mortgage Rate Reaches Highest Point in a Year
August 23, 2026
Why it matters locally: Rising mortgage rates can influence housing affordability and the real estate market across Utah, potentially impacting potential homebuyers and those looking to refinance.
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.
Related Topics
Editorial Transparency
AI-Generated · Written by National DeskArticle Ratings
Factual
0.0
Likeable
0.0
Bias
0.0
Objective
0.0
How do you feel about this story?
NA
National Desk
Trust 3.199839 articles10,371,099 views75% fact accuracy
View ProfileSign in to follow this author from their profile.
Discussion (0)
Join the Conversation
No comments yet. Be the first to comment!