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January 15, 2026

What are today's mortgage interest rates: January 15, 2026?

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What are today's mortgage interest rates: January 15, 2026?

TL;DR

  • New, lower mortgage interest rate options are available.
  • Mortgage rates dropped from over 7% to under 6% by the end of last year.
  • Current options allow securing a mortgage rate in the 5% range.
  • Average 30-year mortgage rate is 5.87% as of January 15, 2026 (Zillow).
  • Average 15-year mortgage rate is 5.25% as of January 15, 2026 (Zillow).
  • Median 30-year refinance rate is 6.62% as of January 15, 2026 (Zillow).
  • Median 15-year refinance rate is 5.53% as of January 15, 2026 (Zillow).
  • Refinancing can offer significant savings, even for a half a percentage point decrease.
  • Qualified borrowers may secure rates lower than listed averages using options like mortgage points.

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