Andrew Shi

03/21/2026

07/19/2025

Beautiful Luxury Single Family Home

06/25/2025

Detached Townhomes

06/17/2025

San Marino

02/14/2024

As of February 11, 2024, the current average 30-year fixed mortgage interest rate is 7.16%, which has increased by 25 basis points from a week ago. If you’re considering a mortgage refinance, the current average interest rate for a 30-year fixed refinance is 7.21%, rising 18 basis points over the last week. Meanwhile, the current average 15-year refinance interest rate is 6.56%, which has risen 27 basis points since the same time last week12.

It’s important to note that the market remains challenging for borrowers, and rates are subject to fluctuations. If you’re planning to secure a loan, comparing today’s mortgage interest rates before committing is crucial. Remember that the Federal Reserve doesn’t directly set mortgage rates, but its monetary policies do influence their direction34.

Here’s a snapshot of current mortgage rates:

30-year fixed: 7.10%
15-year fixed: 6.52%
10-year fixed: 6.35%
5/1 ARM: 6.11%3
While these rates are informative, keep in mind that individual lenders may offer rates below the national average. Exploring various lenders can help you find the best deal for your home financing needs.

-Copilot

11/29/2022

The average 30-year fixed rate mortgage (FRM) rate tapered further to 6.58% in the week ending November 25, 2022. The average 15-year FRM rate also dwindled this week, to 5.90%.