Mortgage and refinance interest rates today, January 30, 2026: Lingering near one-year lows

Mortgage Rates Overview - The national average mortgage rate for a 30-year fixed mortgage is currently 6.10%, down from 6.95% a year ago, while the 15-year fixed rate is at 5.49%, compared to 6.12% last year [1][13] - Mortgage rates have generally decreased since the end of May and are lower than the same time last year by nearly one percentage point [12] Current Mortgage Rates - Current mortgage rates include: 30-year fixed at 5.87%, 20-year fixed at 6.11%, 15-year fixed at 5.43%, 5/1 ARM at 5.93%, and 7/1 ARM at 5.90% [5] - VA loans are also available with rates such as 30-year fixed at 5.49% and 15-year fixed at 5.13% [5] Future Rate Predictions - The Mortgage Bankers Association forecasts the 30-year mortgage rate to remain around 6.1% through 2026, while Fannie Mae predicts a similar rate near 6% for the same period [14] - Predictions for 2027 suggest rates will remain stable, with estimates of 6.2% to 6.3% for 30-year fixed rates [16]