Mortgage and refinance interest rates today for November 17, 2025: With rates this low, will you go with a 30- or 15-year term?

Mortgage rates were over 7% in January. Today, the average 30-year fixed mortgage rate is 6.07%, according to Zillow. Meanwhile, the 15-year fixed rate is 5.54%. With rates so favorable, will you choose a 30- or 15-year fixed term? See our comparisons below. 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% ...