Mortgage rate report — week of 2026-08-25

As of August 20, Ralo's illustrative 30-year fixed rate stands at 6.125%, versus a market rate of 6.65%. Over the past 30 days, the 30-year rate has moved down by 0.125 percentage points, while the 20-year rate is down 0.115 points to 5.875%. The 15-year rate is unchanged at 5.625%. All figures are illustrative; Ralo operates as a broker, not a lender, and pricing reflects a thin commission.

State-level ranges for August 25 show California at 6.375%–6.5%, Colorado at 6.375% flat, and Texas at 6.0%–6.25%. For credit bands, a 780 FICO at 80% LTV ranges from 6.0% to 6.375%, while the same score at 95% LTV tops out at 6.624%. Lower scores widen the range: 740 FICO at 95% LTV reaches 6.75%, and 700 or 660 FICO at either LTV caps at 6.99% or 7.125%, respectively.

SOFR, as of August 24, is 3.64485%. These numbers reflect current conditions only; no forecast is implied. Ralo provides rate transparency as a broker, not a lender, and all rates shown are illustrative, not quotes or guarantees.

Ralo vs the market: Ralo’s illustrative 30-year fixed rate is 6.13% against a Freddie Mac PMMS national average of 6.65% (as of 2026-08-20).

Term	Illustrative rate	APR	30-day change
30-year fixed	6.125%	6.16%	-0.125 pts / 30d
20-year fixed	5.875%	5.92%	-0.115 pts / 30d
15-year fixed	5.625%	5.68%	0.000 pts / 30d

Illustrative 30-year ranges by credit band (2026-08-25):

Credit score	Down payment	Range
780	20% down	6% – 6.375%
780	5% down	6% – 6.624%
740	20% down	6% – 6.5%
740	5% down	6% – 6.75%
700	20% down	6% – 6.99%
700	5% down	6% – 6.99%
660	20% down	6% – 7.125%
660	5% down	6% – 7.125%

Local ranges (30-year fixed, 740 score, 20% down; 2026-08-25):

State	Illustrative range
CA	6.375% – 6.5%
CO	6.375% – 6.375%
TX	6% – 6.25%

Full county-level history: the City Rate Index.

ARM desk: the 30-day average SOFR is 3.645% (2026-08-24); an illustrative Ralo 5/6 ARM prices at 5.375% with a 2.75% margin and 2/1/5 caps. Mechanics and history: the ARM Index.