Rates drop to new lows

Rates drop to new lows

Current mortgage rates are plunging into territory not seen in years. According to the Zillow lending marketplace, the average 30-year fixed mortgage rate is 5.85%. The 15-year fixed rate is 5.36%. At this level, home buyers and mortgage refinancers may soon enter a loan application. Here are the current mortgage rates, according to the latest … Read more

Low rates are based on economic factors

Rates drop to new lows

Current mortgage rates are relatively low. According to Zillow, the average 30-year fixed mortgage rate is 5.95%and the 15-year fixed rate is 5.43% — rates below 6% and 5.5% are interesting milestones. Rates are likely low due to economic factors, including last week’s disappointing jobs report. Inflation data comes out on Friday, and mortgage rates … Read more

Mortgage and Refinance Interest Rates Today, February 2, 2026: Bubbles Below 6%

Rates drop to new lows

Mortgage rates are rising just under 6%. The average 30-year fixed rate, according to data compiled from Zillow’s lending marketplace, is now 5.91%. The 15-year fixed rate is currently at 5.44%. If you have good credit, you can beat those numbers. Here are the current mortgage rates, according to the latest Zillow data: 30 years … Read more

A step up from recent lows

Rates drop to new lows

Mortgage rates rose slightly from recent lows. The average 30-year fixed rate, according to data compiled from Zillow’s lending marketplace, is now 6.00%. The 15-year fixed rate is currently at 5.50%. It could be a great time to buy a home or refinance your existing mortgage. Here are the current mortgage rates, according to the … Read more

Rates fall by over 80 basis points in 6 months

Rates drop to new lows

Mortgage rates are falling. The average 30-year fixed rate has fallen 83 basis points over the past six months, according to Zillow, and is now 5.90 percent. The 15-year fixed rate fell 59 basis points during that time, currently sitting at 5.36%. Now could be the right time to buy a home or refinance your … Read more

Look for lenders that offer rates below 6%.

Rates drop to new lows

Mortgage rates average below 6%, and some lenders offer home loans in the mid-5% range. According to Zillow data, the 30-year fixed mortgage rate is 5.91%and the 15-year fixed rate is 5.36%. Here are the current mortgage rates, according to the latest Zillow data: 30 years fixed: 5.91% 20 years fixed: 5.83% 15 years fixed: … Read more

Rates barely above 6%, but look for even lower deals

Rates drop to new lows

Mortgage rates are barely above 6%, but some lenders are already offering home loans in the mid-5% range. According to Zillow data, the 30-year fixed mortgage rate is 6.01%and the 15-year fixed rate is 5.44%. Here are the current mortgage rates, according to the latest Zillow data: 30 years fixed: 6.01% 20 years fixed: 5.95% … Read more

The stability makes the rates easy to buy

Rates drop to new lows

With so little volatility, mortgage rates remain easy to buy right now. According to Zillow data, the 30-year fixed mortgage rate is 6.03%and the 15-year fixed rate is 5.42%. The 30-year interest rate has been content to remain largely unchanged since late October. Here are the current mortgage rates, according to the latest Zillow data: … Read more

Will rates fall after the Fed meeting?

Rates drop to new lows

Mortgage rates have risen since last week. According to Zillow data, the 30-year fixed mortgage rate rose 13 basis points to 6.10% and the 15-year fixed rate rose 14 basis points to 5.55%. The Federal Reserve will announce on Wednesday whether it will cut the federal funds rate for the third time this year. Many … Read more