Considering a home purchase or a refinance of your existing property? Here are the mortgage rates to know right now.

The current average mortgage rate on a 30-year fixed mortgage is 6.17% with an APR of 6.20%, according to the Mortgage Research Center. The 15-year fixed mortgage has an average rate of 5.38% with an APR of 5.

Mortgage rates rose last week, causing a large drop in demand for refinances. Homebuyer demand was essentially flat.

Thirty-year mortgage rates rose this week to 6.328%, a small increase from 6.261% last week, according to U.S. News data. Small fluctuations in borrowing rates are expected this winter, especially if economic conditions remain fairly stable.

The average interest rate on a 30-year, fixed-rate mortgage dropped to 5.94% APR, according to rates provided to NerdWallet by Zillow. This is 19 basis points lower than yesterday and 15 basis points lower than a week ago. (See our chart below for more specifics.) A basis point is one one-hundredth of a percentage point.

There's another Federal Reserve meeting on the calendar this month, but will mortgage rates fall once it's over?

Average mortgage rates dropped throughout 2025, with APRs on home loans down from about 7% at the beginning of last year to the low 6% range in December and into January. Some experts believe that downward trajectory might continue in 2026, but there is no certainty as to how low rates might go.

Your credit score shapes every aspect of your mortgage terms, from your interest rate to your total repayment amount. Lenders use credit score tiers to price risk, and even a 20-p

Mortgage interest rates declined for much of 2025, but could they fall below 5% in 2026? Here's what to know now.

The rate on a 30-year fixed refinance decreased to 6.23% today, according to the Mortgage Research Center. Rates averaged 5.36% for a 15-year financed mortgage and 6.11% for a 20-year financed mortgage.

Mortgage rates fell but jumped again after Trump's recent tariff threats.