Today's Mortgage Rates, August 5, 2026: 30-Year Rates Drop to 6.76%

Mortgage rates eased again on August 5, 2026, with the average 30-year fixed rate falling to 6.76%. The article notes these levels are still elevated compared with the lowest period in recent decades, when the 30-year fixed rate dipped slightly below 3% in 2021. It also points out that the 30-year rate peaked above 16% in the early 1980s, framing the current drop as a meaningful change from more recent highs. The piece says today’s mortgage rates are shaped by multiple economic factors, though it doesn’t provide additional specific figures beyond the headline rate.