economy
March 9, 2026
What are today's mortgage interest rates: March 9, 2026?
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TL;DR
- Mortgage interest rates have become more favorable for borrowers due to declining inflation and Federal Reserve rate reductions.
- As of March 9, 2026, the average 30-year mortgage purchase rate is 5.99%, and the 15-year rate is 5.50%.
- Average refinance rates are 6.34% for 30-year terms and 5.39% for 15-year terms.
- Borrowers may benefit from locking in current rates or using rate float-down options, but should consider closing costs for refinancing.
- Upcoming inflation reports and Federal Reserve meetings could influence rates further.
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