There is no new official rate print on Saturday. Mortgage News Daily's daily index last published Friday at about 4 p.m. ET. The national 30-year fixed closed Friday at 6.77%, up 0.01 from Thursday's 6.76%. For practical purposes, Friday was a hold. The week still finished higher than it started.
What did mortgage rates do this week?
Mortgage News Daily's daily 30-year path:
- Last Thursday 8/13: 6.69%
- Friday 8/14: 6.71%
- Monday 8/17: 6.73%
- Tuesday 8/18: 6.75%
- Wednesday 8/19: 6.72% (Treasury buyback dip)
- Thursday 8/20: 6.76%
- Friday 8/21: 6.77% (+0.01)
That is +0.06 on the week. Friday's full daily index:
- 30-year fixed: 6.77% (+0.01)
- 15-year fixed: 6.61% (+0.31)
- 30-year jumbo: 6.88% (+0.01)
- 7/6 ARM: 6.36% (unchanged)
- 30-year FHA: 6.33% (+0.02)
- 30-year VA: 6.35% (+0.02)
The 15-year jump is the odd print. It also sits at the top of its 52-week range. The 30-year is still below its 52-week high of 6.85%.
Freddie Mac's weekly 30-year (August 20) is 6.65%, down 0.02. The MBA weekly (August 19) is 6.77%, unchanged. Different surveys, same story: rates are stuck in the high 6s.
Individual lender quotes differ from a national index. A locked rate is not a closed loan.
Did Wednesday's Treasury buybacks stick?
No. Wednesday's drop came from lower oil and Treasury expanding longer-term buybacks. Thursday and Friday gave most of that back. Mortgage News Daily's Friday wrap said current levels are close to where they were before the announcement, and that Wednesday's reaction looked overdone.
The 10-year Treasury CMT closed Friday at 4.74%, up about 5 basis points from Thursday's 4.69% FRED print (Thursday's cash close was about 4.70%). That is back near the week's highs.
What did Friday's PMI show?
S&P Global's August flash PMIs printed Friday at 9:45 a.m. ET:
- Manufacturing: 53.2 versus 53.9 expected and 53.9 prior. Still expanding, weakest since March.
- Services: 56.8 versus 54.0 expected and 54.6 prior. A large beat.
- Composite: 56.0 versus 54.5 prior.
Above 50 is growth. Manufacturing cooled on fuel costs and supply delays. Services did the heavy lifting. That mix (softer factory, hotter services) does not scream "rates are about to break lower."
What should buyers watch next week?
The daily index does not print Saturday or Sunday. Monday's first new number is around 4 p.m. ET.
The Kansas City Fed's Jackson Hole symposium runs August 27–29. Fed Chair Kevin Warsh's keynote is expected Friday, August 28, around 10 a.m. ET. Mortgage News Daily flagged that speech, plus a heavier data week, as the next real catalyst. Fixed mortgage rates follow the 10-year more than the fed funds rate, so the market will parse how Warsh talks about the path of policy, not just September.
What does this mean if you are buying or refinancing?
Weekend locks still price off Friday's market. The week ended slightly worse than Wednesday's dip. If a payment already works, locking takes 6.77% off the table. Waiting is a bet that next week's data and Jackson Hole help the 10-year.
Run a payment estimate, then look at purchase or refinance options. See when refinancing beats waiting.
FAQ
What is the latest official 30-year mortgage rate?
Friday's 6.77%, up 0.01. No Saturday print. Next official daily index is Monday afternoon.
Are rates higher than last week?
Yes on the daily index (6.77% vs 6.69% a week earlier). Freddie Mac's weekly survey is a touch lower at 6.65%.
Should I lock over the weekend?
Weekend locks still price off Friday's market. The week ended slightly worse than Wednesday's dip. If a payment already works, locking takes 6.77% off the table. Waiting is a bet that next week's data and Jackson Hole help the 10-year.
Why didn't buybacks lower my rate?
They did, for one day. A 30-year mortgage-backed bond behaves more like a 5- to 7-year bond, and the cash market treated Wednesday as overdone. By Friday, yields were back near pre-announcement levels.
Sources: Mortgage News Daily daily rate index (as of August 21, 2026); Mortgage News Daily Friday wrap; U.S. Treasury daily yield curve (10-year CMT August 21: 4.74%); FRED DGS10 (August 20: 4.69%); S&P Global flash PMIs (August 21): manufacturing 53.2, services 56.8, composite 56.0; Kansas City Fed Jackson Hole symposium (August 27–29; Warsh keynote expected August 28).