India, Aug. 27 -- Mortgage rates are mixed today, Thursday, August 27, 2026, with some loan rates moving higher and others falling. The biggest change is in the 5/1 adjustable-rate mortgage (ARM), which has become cheaper compared with the previous day.

The 30-year fixed mortgage rate is 6.57% today, up 4 basis points from Wednesday. This means borrowers choosing a traditional 30-year fixed loan are paying a slightly higher rate than they were a day earlier, according to Zillow data reported by Yahoo Finance. The 5/1 ARM rate is 6.35%, down 21 basis points from yesterday. That makes the ARM rate 0.22 percentage points lower than the 30-year fixed rate today.

6.35% ARM vs 6.57% fixed

This creates a key choice for homebuyers: Should you ...