The rate on a 30-year fixed refinance climbed to 7.05% today, according to the Mortgage Research Center. For 15-year fixed refinance mortgages, the average rate is 6.03%, and for 20-year mortgages, the average is 6.

See current 30-year refinance rates and how they've been trending. Find the lowest rates to save on your mortgage, lower your payments, or access home equity.

Mortgage rates moved slightly lower last week, leading to the pace of refinance applications to reach its strongest week since October 2024

The rate on a 30-year fixed refinance increased to 6.98% today, according to the Mortgage Research Center. The average rate on a 15-year mortgage refinance is 5.95%. On a 20-year mortgage refinance, the average rate is 6.

These are today's mortgage and refinance rates. Mortgage rates have held steady so far this month, and it's unclear if they'll drop much this year.

Cash-out refi locks grew last month, but purchase lock counts were down 6% year over year for the lowest January figure in six years.

Refi rates have ticked down, lowering the 30-year rate average after two days of inching up. Rates for several other refi loan types also dropped Monday.