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GOBankingRates
GOBankingRates
G. Brian Davis

Mortgage Rates Drop to 6% and Below — Should You Buy Now or Wait Until 2026?

FHA Freddie Mac United States
Sean Locke Photography / Shutterstock.com

As of late August, 15-year mortgage rates are hovering around 5.69% and 30-year mortgage rates around 6.58%, according to Freddie Mac. Just 10 weeks ago, 15-year loans topped 6% and 30-year loans neared 7%.

Read More: Barbara Corcoran: This Is the ‘Real Problem’ With the Housing Market Right Now

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