Mortgage and refinance interest rates today, February 20, 2026: Lowest since September 2022

This week, mortgage rates hit their lowest point since September 2022. According to Freddie Mac, the average 30-year fixed rate fell eight basis points to 6.01%. The 15-year fixed-rate dropped nine basis points to 5.35%. With rates falling, purchase and refinance demand will grow. If you will be getting a new home loan soon, whether to buy or refi, it might be time to start lining up lenders to get your best offer. Current mortgage rates Here are the current mortgage rates, according to the latest Zill ...