01/22/2024
Today's national mortgage interest rate trends
On Monday, January 22, 2024, the current average 30-year fixed mortgage interest rate is 7.03%, rising 10 basis points compared to this time last week. For homeowners looking to refinance, today's national 30-year refinance interest rate is 7.22%, rising 12 basis points over the last seven days. Meanwhile, today's average 15-year fixed refinance interest rate is 6.41%, up 17 basis points over the last week. It’s a challenging market for borrowers, and we're here to help: Bankrate often has offers below the national average, displaying the interest rate, APR (rate plus costs) and estimated monthly payment to help you compare deals and finance your home for less. In times of volatile shifts in mortgage rates, it’s important to compare today's mortgage interest rates before committing to a loan.