Mortgage and refinance interest rates today, September 16, 2025: Decreases before the Fed rate cut

Mortgage rates continue to move lower, prior to an expected Fed rate cut tomorrow. According to Zillow, the current 30-year mortgage rate is 6.16%, down 12 basis points since Friday. The 15-year fixed interest rate fell three basis points to 5.46%. Dig deeper: The best mortgage lenders right now Today's mortgage rates Here are the current mortgage rates, according to our latest Zillow data: 30-year fixed: 6.16% 20-year fixed: 5.68% 15-year fixed: 5.46% 5/1 ARM: 6.65% 7/1 ARM: 6.58% 30-year VA: 5 ...