Mortgage and refinance interest rates today, November 16, 2025: With a downward trend, refinancing is up 150%

Mortgage rates have been generally trending lower for months. According to Zillow data, the current 30-year fixed mortgage rate is 6.07%. With such a favorable trend, mortgage refinancing has increased by a staggering 150% year over year. Current mortgage rates Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 6.07% 20-year fixed: 5.99% 15-year fixed: 5.54% 5/1 ARM: 6.21% 7/1 ARM: 6.29% 30-year VA: 5.60% 15-year VA: 5.22% 5/1 VA: 5.20% Remember, these a ...