Mortgage rates: Week of August 31, 2026
A plain, factual recap of where U.S. mortgage-rate benchmarks moved during Aug 31 – Sep 4, 2026 — the OBMMI medians RallyRates tracks and the 10-year Treasury that anchors them. We report the moves; we never forecast.
| Benchmark | Mon | Fri | Week |
|---|---|---|---|
| 30-yr conventional | 6.719% | 6.766% | +5 bp |
| 15-yr conventional | 6.047% | 6.070% | +2 bp |
| FHA 30-yr | 6.464% | 6.628% | +16 bp |
| VA 30-yr | 6.298% | 6.450% | +15 bp |
| 10-yr Treasury (the driver) | 4.750% | 4.780% | +3 bp |
Over Aug 31 – Sep 4, 2026, the conventional 30-year benchmark opened at 6.719% and closed at 6.766%. The 10-year Treasury climbed 3bp on the week, and conventional 30-year mortgage rates followed higher.
The 15-year conventional closed the week at 6.070%; FHA 30-year at 6.628%. These are benchmark medians, not a lender quote — for a live, lowest-APR-first board of real published rates, open the terminal.
On the calendar that week: Jobs report (nonfarm payrolls) (Fri) — the scheduled releases that most move the Treasury market behind mortgage rates. We note what was on the docket, not a cause.