Where did mortgage rates land last week?

Mortgage rates mostly rose last week, with no lenders posting lower rates and several increasing. The largest increase was a 0.25-point rise in a VA 30-Year Fixed rate to 6.5%. Posted 30-year fixed rates ranged from 5.625% to 6.875%, with a significant spread impacting monthly payments. Mortgage inquiry volume in August 2026 was up 11% from July and 157% from the previous year, driven mainly by home-equity products.