The official national 30-year fixed closed Thursday at 6.75%, unchanged from Wednesday's 6.75%. Friday's index is not out until about 4 p.m. ET. Early Friday, mortgage-backed bonds are a tick weaker and Mortgage News Daily's trend is "moved down slightly," which points to a small rate impact if it holds. The day's real catalyst is still ahead: Fed Chair Kevin Warsh's Jackson Hole keynote around 10 a.m. ET.
Did mortgage rates change on Thursday?
No. Mortgage News Daily's daily index as of August 27:
- 30-year fixed: 6.75% (unchanged)
- 15-year fixed: 6.32% (unchanged)
- 30-year jumbo: 6.88% (unchanged)
- 7/6 ARM: 6.30% (−0.01)
- 30-year FHA: 6.34% (+0.01)
- 30-year VA: 6.35% (unchanged)
Freddie Mac's new weekly 30-year (August 27) is 6.66%, up 0.01 from last week's 6.65%. The 15-year weekly is 5.98%. The MBA weekly (August 19) is still 6.77%. Different surveys, same neighborhood: high 6s.
This week so far: 6.78 Monday, 6.74 Tuesday, 6.75 Wednesday, 6.75 Thursday. Tuesday's oil drop is still the only real move. The 30-year remains below its 52-week high of 6.85%.
Mortgage News Daily's Thursday wrap said bonds were steady to slightly weaker, and that the late-day softness was too small for most lenders to reprice. If bonds did not improve overnight, Friday morning sheets start a bit worse. That is what this morning's tape is showing.
Individual lender quotes differ from a national index. A locked rate is not a closed loan.
What did Thursday's data show?
Initial jobless claims for the week ending August 22 fell to 203,000, below a survey near 208,000. The prior week was revised up to 207,000. Claims are still low. That is a stable labor market, not a reason for the 10-year to break lower.
The Kansas City Fed's Tenth District manufacturing index rose to 10 in August from 9 in July (June was 11). Above zero is expansion. Prices paid and received ticked up on the month. Factories in the district are still growing, not stalling.
The 10-year Treasury CMT closed Thursday at 4.67%, up 1 basis point from Wednesday's 4.66%. Cash trading finished near 4.67% after a choppy day. Traders did not want to make a big bet before Warsh.
What is moving rates this morning?
Current-coupon MBS prices were about 1/32 worse than Thursday's close in early trading. The 10-year is a bit higher, near 4.69%. Mortgage News Daily's Friday trend is "moved down slightly," so the rate impact looks small so far.
Still ahead when this recap went out: Chicago PMI at 9:45 a.m. ET, then the final August University of Michigan consumer sentiment reading at 10:00 a.m. ET (preliminary was near 51). Those prints matter less than the speech that lands at the same time.
Warsh speaks around 10 a.m. ET. Mortgage News Daily flagged that the remarks can still be moving the market when lenders set later sheets. There is no way to know in advance. It can be a non-event. It can also reprice the 10-year in minutes.
What should buyers listen for in the Warsh speech?
Fixed mortgage rates follow the 10-year more than the fed funds rate. The market will parse how Warsh talks about inflation still stuck in the mid-3s and about the path of policy, not just whether September stays on hold.
A clear pledge to get PCE back to 2% can keep long yields firm. A softer tone is the first real chance this week for another dip after Tuesday's oil move. Waiting through 10 a.m. is a bet on that language.
What does this mean if you are buying or refinancing?
Thursday was a hold at 6.75%. Friday morning is a touch weaker. If a payment already works, locking takes 6.75% off the table before the speech. Waiting is a bet that Warsh helps the 10-year.
Run a payment estimate, then look at purchase or refinance options. See when refinancing beats waiting.
FAQ
What is today's official 30-year mortgage rate?
Thursday's 6.75%, unchanged. Friday's index publishes around 4 p.m. ET.
Did Freddie Mac's weekly survey move?
Yes. The August 27 weekly 30-year is 6.66%, up 0.01 from last week's 6.65%. Different sample than the daily index.
Will Warsh's speech change my rate today?
It can. The keynote is around 10 a.m. ET. Fixed mortgage rates follow the 10-year. A hawkish inflation message can keep yields firm. A softer tone is the first real chance this week for another dip after Tuesday's oil move.
Should I lock or wait?
Thursday was a hold at 6.75%. Friday morning is a touch weaker. If a payment already works, locking takes 6.75% off the table before the speech. Waiting is a bet that Warsh helps the 10-year.
Sources: Mortgage News Daily daily rate index (as of August 27, 2026); Mortgage Rates Hold Fairly Steady; Freddie Mac Primary Mortgage Market Survey (August 27: 6.66%); U.S. Treasury daily yield curve (10-year CMT August 27: 4.67%; August 26: 4.66%); U.S. Department of Labor Unemployment Insurance Weekly Claims (week ending August 22: 203,000); Kansas City Fed Tenth District Manufacturing Survey (August composite: 10); Kansas City Fed Jackson Hole symposium (Warsh keynote expected August 28 around 10 a.m. ET).