Mortgage and refinance rates today, Monday, August 24, 2026: Purchase and refi rates prove shopping matters
Current mortgage rates were reported by Zillow on Monday, August 24, 2026. The 30-year fixed purchase rate is 6.64%, identical to the current refinance rate. The 15-year fixed purchase rate stands at 5.88%, which is 11 basis points lower than the 15-year refinance rate. Meanwhile, the 5/1 ARM purchase rate is 6.74%, 24 basis points higher than the 5/1 refinance rate. Shopping around for rates remains crucial as it impacts the overall cost of borrowing.
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