8/28/26 - Interest Rates & Market Update
Posted by Lorraine Gatti on
8/28/26 - Mortgage Rate Update
Staying informed about mortgage trends is an important part of making confident real estate decisions.
Below is the latest rate update from a trusted mortgage professional I have worked with for more than 20 years, Joey Parker.
Below is the most recent snapshot of purchase rates and some special programs. Mortgages today are not just conventional, FHA and VA; there are many different types, and we will help find the best one for you.
Purchase Rates
Weekend Purchase Rates — August 28, 2026
| Conventional | Government | ||
|---|---|---|---|
| 30 Year Fixed | 6.475% | FHA 30 Year Fixed | 5.875% |
| 30 Year Fixed $400K+ | 6.475% | FHA 5/1 ARM | 5.500% |
| 15 Year Fixed | 5.750% | VA 30 Year Fixed | 5.990% |
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