Apply now
Go to Retail Site
My page 
Credit Report 
Log out30-Year Fixed Mortgage Rate Today: 6.125% on August 24, 2026
AI Summary
The essentials at a glance
- Loaning.ai displayed a 6.125% 30-year fixed rate on August 24, 2026, with a 6.217% APR and $4,186 in points.
- The example assumes a $1,000,000 purchase, a $700,000 loan, 740 FICO, 45% DTI and 70% LTV, among other stated conditions.
- The trend chart covers July 14 through August 24. It is historical context, not a promise that the same rate will be available to another borrower.
The 30-year fixed mortgage rate today shown by Loaning.ai was 6.125% as of August 24, 2026, GMT-8. The same example displayed a 6.217% APR and $4,186 in points for a $700,000 purchase loan on a $1,000,000 primary residence.
Those three numbers describe different parts of the quote. The interest rate helps determine principal and interest. APR reflects the rate plus certain borrowing costs. Points are an upfront charge. A useful comparison keeps the borrower profile, property, loan product, lock timing and cost structure the same.
📝 Key Takeaways
- Displayed rate: 6.125% for a 30-year fixed purchase example dated August 24, 2026, GMT-8.
- Full cost: The example also shows a 6.217% APR and $4,186 in points, so the interest rate should not be reviewed alone.
- Comparison rule: Match the loan type, borrower profile, property, quote time and lock period before comparing lenders.
✅ Quote Snapshot
- Date and time zone: August 24, 2026, GMT-8.
- Displayed terms: 6.125% interest rate, 6.217% APR and $4,186 in points.
- Core scenario: $1,000,000 home price, $700,000 purchase loan, 30-year fixed level-payment mortgage, 740 FICO, 45% DTI and 70% LTV.
- Trend window: July 14 through August 24, 2026. The chart states that it uses the same assumptions as the quote.
💵 Today’s 30-Year Fixed Mortgage Rate Is 6.125%
Loaning.ai’s August 24 snapshot shows the interest rate, APR and upfront points in one place. The rate is the starting point for the loan’s principal-and-interest calculation, but it does not capture every cost of borrowing.
| Quote item | Displayed value | How to read it |
|---|---|---|
| Interest rate | 6.125% | Used to calculate principal and interest under the stated loan terms |
| APR | 6.217% | A broader annualized cost measure that can include the rate and certain finance charges |
| Points | $4,186 | Upfront cost shown for this example; confirm how it affects rate and cash to close |
Illustrative Loaning.ai quote dated August 24, 2026, GMT-8. The values apply only to the assumptions stated in this article.
Read the rate, APR and points together
A lower advertised rate may require more points, while a quote with fewer upfront costs may carry a different rate or APR. Ask for the same loan product and lock period, then compare the Loan Estimate rather than choosing from the headline rate alone.
This is a scenario, not a universal offer
The displayed pricing is tied to a defined borrower and property profile. Credit, income documentation, reserves, occupancy, property type, loan amount, location and market movement can change the terms available to an individual applicant.
🧾 The Quote Uses a $1 Million Purchase Scenario
The example is based on a purchase of a single-family primary residence by a U.S. citizen using full documentation and at least two years of tax returns. It assumes a $1,000,000 price, a $700,000 loan and a 30-year fixed level-payment structure.
| Assumption | Example | Why it matters |
|---|---|---|
| Home price and loan | $1,000,000 and $700,000 | Establishes a 70% loan-to-value ratio |
| Credit score | FICO 740 | Credit profile can affect rate and cost |
| Debt-to-income ratio | 45% DTI | Measures monthly debt against qualifying income |
| Property and occupancy | Single-family primary residence | Pricing can differ for other property and occupancy types |
| Documentation | Full documentation | Income, assets and eligibility remain subject to review |
The illustration also assumes a purchase transaction, U.S. citizenship, at least two years of tax returns and a 30-year fixed level-payment mortgage.
Keep assumptions identical when comparing lenders
A fair comparison uses the same loan amount, down payment, property type, occupancy, credit profile and rate-lock period. If one quote changes even one of those inputs, the difference may come from the scenario rather than the lender.
Compare mortgage rates from top lenders in minutes
No impact to your credit score
📈 Mortgage Rate Trends From July 14 to August 24
The supplied chart tracks the lowest displayed 30-year fixed rates from July 14 through August 24 under the same assumptions. Loaning.ai’s green line ended at 6.125% on August 24 after moving within a relatively narrow band during the period.
The chart provides context, not a forecast
Historical lines help show how displayed pricing changed on prior dates. They do not predict the next move or guarantee that another borrower would have qualified for the same terms. Daily rate sheets can change with mortgage-backed securities, Treasury yields, lender capacity and borrower-specific adjustments.
Confirm the cost behind every plotted rate
A rate line is only directly comparable when points, loan type, lock timing and assumptions are aligned. Before acting on a chart, request a current quote and review the APR, points, lender credits, fees and lock details.
✅ Compare Complete Quotes, Not Just the Headline Rate
The 6.125% figure is a useful reference for this exact August 24 scenario. A homebuyer still needs a personalized quote to understand the payment, upfront cash and risks attached to a specific purchase.
Match the date, terms and lock period first
Rates can move during the day. Ask lenders for quotes close together in time and specify the same 30-year fixed product, loan amount and lock period. Then compare the written disclosures line by line.
❓ 30-Year Fixed Mortgage Rate FAQ
Q. What 30-year fixed mortgage rate did Loaning.ai display on August 24, 2026?
The supplied Loaning.ai image shows a 6.125% interest rate, a 6.217% APR and $4,186 in points as of August 24, 2026, GMT-8. The example uses a $700,000 purchase loan on a $1,000,000 primary residence under the stated borrower assumptions.
Q. Why is the APR higher than the interest rate?
The interest rate is used to calculate interest on the loan balance. APR is a broader annualized measure that can include the interest rate and certain finance charges. The exact items included should be reviewed on the Loan Estimate.
Q. What do $4,186 in points mean?
Points are an upfront charge associated with the displayed pricing. Ask whether the amount buys down the rate, how it appears in cash to close and whether another rate with fewer points would better fit the expected time in the home.
Q. Does the trend chart guarantee the next mortgage rate?
No. It shows historical displayed rates under stated assumptions. Mortgage pricing can change with financial markets, lender policies, property details and the applicant’s complete financial profile.
🎯 30-Year Fixed Mortgage Rate Today: What to Remember
The 30-year fixed mortgage rate today shown for August 24 was 6.125%, with a 6.217% APR and $4,186 in points under a defined $700,000 purchase-loan scenario. Use it as a dated reference, then compare written quotes with the same assumptions and review APR, points, fees, payment, cash to close and lock terms together.
Compare mortgage rates from top lenders in minutes
No impact to your credit score