← All News**Mortgage costs tick up again:** Freddie Mac's weekly survey put the average 30-year fixed mortgage rate at 6.71% this week, up from 6.66% the week before, while the 15-year fixed rose to 6.04% from 5.98% — the highest the 30-year rate has been in more than a year.
**Still cheaper to borrow than last year:** Even after the recent climb, today's 6.71% compares with 6.50% a year ago for the 30-year and 5.60% for the 15-year; Freddie Mac's chief economist Sam Khater says purchase demand has "remained relatively stable" as buyers adjust to the higher-rate environment.
Housing · September 3, 2026 · 1 min read
30-Year Mortgage Rate Climbs to 6.71%, Highest in Over a Year
By Econ Data Tools Editorial Team
Published September 3, 2026
Freddie Mac's weekly survey shows borrowing costs rising for a second straight week as buyers adapt to the higher-rate environment.
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