economy
January 9, 2026
What are today's mortgage interest rates: January 9, 2026?
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TL;DR
- The average mortgage interest rate for a 30-year term is 5.87% as of January 9, 2026.
- The average rate for a 15-year term has decreased to 5.25%.
- Refinance rates are 6.49% for a 30-year mortgage and 5.56% for a 15-year mortgage.
- The decline in rates is attributed to Federal Reserve interest rate cuts.
- Homebuyers and those looking to refinance may find these rates advantageous.
- Homeowners considering refinancing should evaluate closing costs against potential savings.
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