Mortgage and refinance interest rates today, January 10, 2026: Trump proposals push rates below 6%

Mortgage rates today have bubbled below 6% again. According to Zillow, the average 30-year fixed mortgage rate is 5.91%, and the 15-year fixed rate is 5.36%. This week, President Trump proposed two measures in an effort to lower mortgage rates: a ban on institutional buyers acquiring single-family homes and Fannie Mae and Freddie Mac purchasing billions of dollars in mortgage bonds. Rates responded favorably. Today's mortgage rates Here are the current mortgage rates, according to the latest Zillow dat ...