These are today's mortgage and refinance rates. Mortgage rates are down slightly today. But affordability isn't likely to improve much this year.

Mortgage rates for 30-year loans increased slightly but are still hovering near their lowest level of 2025. Rate movement was mixed for other loan types.

Today’s average mortgage rate on a 30-year fixed-rate mortgage is 6.87%, down 0.11 percentage point from the previous week, according to the Mortgage Research Center. Borrowers may be able to save on interest costs by going with a 15-year fixed mortgage,