Daily Rate Commentary — Wednesday, August 26
Inflation Didn't Budge This Morning — Here's What That Means for Your Rate
The Fed's favorite inflation gauge held at 3.3% in July. Mortgage rates barely blinked. Below: what today's number actually changes for you, the one thing that's been pushing rates around more than t…
By Minh D
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Rates, market news, and what it means for you — in plain English.
30-Year Fixed
6.53%▼0.01
$1,585 / mo est.
15-Year Fixed
5.95%▲0.04
$2,103 / mo est.
Jumbo
6.52%▲0.08
$1,583 / mo est.
5/1 ARM
6.30%▲0.02
$1,547 / mo est.
FHA
6.48%—
$1,577 / mo est.
VA
6.13%▼0.03
$1,520 / mo est.
Upcoming important economic events
- Aug 28Michigan Consumer Sentiment (Aug)10:00 AM
- Aug 28Jackson Hole Symposium8:00 PM
- Sep 1ISM Manufacturing PMI (Aug)10:00 AM
- Sep 1JOLTs Job Openings (Jul)10:00 AM
- Sep 2ADP Employment Change (Aug)8:15 AM
- Sep 3Continuing Jobless Claims (Aug/22)8:30 AM
What would your payment be?
$2,029 / mo
Principal & interest only — estimate, not a quote.
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