economy
What are today's mortgage interest rates: March 24, 2026?
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TL;DR
- Mortgage rates have increased in March 2026, impacting buyers and refinancers.
- Recent unemployment and inflation data, plus the Fed's rate pause extension, contributed to the rate changes.
- As of March 24, 2026, the average 30-year mortgage rate is 6.25%, and the 15-year rate is 5.75%.
- Average refinance rates for a 30-year mortgage are 6.70%, and for a 15-year term, they are 5.76%.
- Current rates are higher than in recent weeks but more competitive than in March 2025.
- Borrowers are encouraged to shop around for lenders and check their credit reports to secure the best possible rates.