What are today's mortgage interest rates: February 3, 2026?

15 hours ago 4

Just nether 7%. That's what the mean mortgage involvement rate for a 30-year word was sitting astatine successful aboriginal February 2025. According to historic FreddieMac data, astatine 6.89%, determination were fewer options disposable for buyers and owners hoping to refinance. But conscionable 1 twelvemonth later, the owe involvement complaint clime looks noticeably different. And it could amended further successful 2026.

Mortgage involvement rates declined gradually for overmuch of 2025, inspired successful portion by accordant interest complaint cutting by the Federal Reserve successful the last months of the year. That near mortgage rates adjacent 3-year lows, and it opened up aggregate ways for borrowers to unafraid a rate nether 6%. After the involvement complaint volatility of caller years, rates could already beryllium debased capable to warrant taking enactment now. In addition, with no Federal Reserve gathering connected the calendar this February to interaction rates 1 mode oregon another, present could beryllium a bully clip to see your options carefully.

So, what are today's owe involvement rates arsenic of February 3, 2026? Below, we'll analyse everything you request to know.

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 owe is 5.99%, arsenic of February 3, 2026, according to Zillow, making it astir a afloat percent constituent little than it was successful February 2025. The mean owe involvement complaint connected a 15-year owe is 5.37%. Both rates remained the aforesaid arsenic they were earlier this period and identical to what they had been for astir of January.

This should springiness homebuyers immoderate comfortableness knowing that complaint volatility, astatine slightest for the clip being, seems to person slowed. Use this time, then, to shop for rates, presumption and lenders online to found a baseline of what's really presently available.

Shop for owe rates and lenders online now.

What are today's owe refinance rates?

The mean owe refinance complaint connected a 30-year word moved to 6.75% connected February 3, 2026, according to Zillow. That's up a fewer ground points from wherever it sat successful caller days. The mean refi complaint connected a 15-year word dropped to 5.62% from 5.67%, perchance making it an charismatic enactment for owners who privation to prevention connected involvement costs and expedite their owe payoff timeline astatine the aforesaid time.

With these conscionable being mean rates, however, and with much stableness present than borrowers were accustomed to successful caller years, present could besides beryllium a bully clip for owners to research their refinance options. And with online marketplaces, borrowers tin easy comparison rates, terms, lenders, fees and much each successful 1 easy-to-use location.

The bottommost line

The mean owe involvement complaint connected a 30-year owe is 5.99% arsenic of February 3, 2026, and it's 5.37% for 15-year terms. The median refinance complaint connected a 30-year term, meanwhile, is present 6.75%, and it's 5.67% for 15-year options. With aggregate ways to fastener successful a complaint comfortably nether 6% now, then, it whitethorn beryllium worthy revisiting your options. While these rates are acold from the grounds lows offered astatine the commencement of the decade, they're besides overmuch improved from wherever they were past February. And that betterment could beryllium the quality betwixt buying your imagination home oregon refinancing your existent 1 — oregon not.

Edited by Angelica Leicht

Read Entire Article