What are today's mortgage interest rates: February 2, 2026?

Mortgage involvement rates person improved implicit the past twelvemonth for some buyers and owners hoping to refinance. sakchai vongsasiripat/Getty Images

The commencement of a caller period is ever a astute clip to reappraisal your fiscal options. And, this February, homebuyers and owners looking to refinance whitethorn find it an opportune clip to revisit their options. Mortgage involvement rates declined considerably successful 2025, falling by much than a point, connected average, from wherever they sat successful January. While determination was nary involvement complaint chopped astatine the Federal Reserve's archetypal 2026 gathering past week, rates present whitethorn already beryllium debased capable to enactment a acquisition oregon refinancing enactment for homeowners burdened with rates implicit 7%.

With aggregate ways to unafraid rates beneath average, including the summation of mortgage points and the usage of an adjustable-rate mortgage, rates successful the 5% scope whitethorn already beryllium disposable for qualified borrowers now. To champion find the worth of acting now, however, it helps to store astir to spot what lenders are really offering. And this is existent adjacent for existent homeowners, who whitethorn find much competitory rates with lenders too the 1 that serves their owe indebtedness now.

So, what are today's owe involvement rates, specifically, arsenic of February 2, 2026? Below, we'll item what you request to cognize to find your adjacent moves.

See however debased your existent owe complaint offers are here.

What are today's owe involvement rates?

The mean owe involvement complaint connected a 30-year word is 5.99% arsenic of February 2, 2026, according to Zillow. The mean owe involvement complaint connected a 15-year word is present 5.37%. Both rates are identical to what they were for overmuch of January. But aft the bid of involvement complaint increases successful caller years, consistency is invited here. And with immoderate clip spent improving your recognition score, gathering up your down outgo and buying for lenders online, you tin perchance unafraid an adjacent little complaint than the mean ones listed online close now.

Compare owe rates, presumption and lenders online today.

What are today's owe refinance rates?

The mean owe refinance involvement complaint connected a 30-year word is 6.63%, arsenic of February 2, 2026, according to Zillow. The mean refi complaint connected a 15-year term, however, is considerably lower, coming successful astatine conscionable 5.63%. While the second whitethorn mean bigger monthly payments acknowledgment to the abbreviated payoff timeline, it volition besides mean important involvement savings and a debt-free decorativeness enactment overmuch earlier. 

But 30 and 15-year mortgages aren't the lone options worthy considering now, arsenic galore lenders volition besides connection 20-year terms, which tin beryllium a bully mediate crushed for owners. Explore each three, then, to champion find your adjacent refinancing move.

The bottommost line 

The mean owe involvement complaint connected a 30-year word is present 5.99%, and it's conscionable 5.37% for 15-year options. The median refinance complaint connected a 30-year mortgage, meanwhile, is present 6.63%, and it's conscionable 5.63% for 15-year alternatives. With aggregate ways to unafraid a complaint nether 6%, this February could beryllium a bully clip for some buyers and owners to re-enter the market.

Edited by Angelica Leicht