Markets· August 17, 2026 at 10:00 a.m.
Mortgage Rates Lower for Purchases Than Refinances on August 17, 2026
Key takeaways
- Current purchase mortgage rates are lower than refinance rates
- 30-year fixed purchase rate is 6.54%
- 15-year fixed purchase rate is 5.86%
- 5/1 ARM purchase rate is 6.24%
As of Monday, August 17, 2026, mortgage rates for purchases are lower than those for refinances according to the latest data from Zillow. The 30-year fixed purchase rate is 6.54%, 5 basis points lower than the current refinance rate. The 15-year fixed purchase rate of 5.86% is 2 basis points lower than the 15-year refi rate. The 5/1 ARM purchase rate of 6.24% is 20 basis points lower than the 5/1 refi rate.
