current purchase rates are higher than refinance rates.
According to rates from the Zillow lender marketplace, current purchase rates are higher than refinance rates. The current 30-year fixed-rate purchase loan is 2 basis points higher at 6.40%.
The 15-year fixed-rate purchase is also 2 basis points higher at 5.86%. Finally, the 5/1 ARM purchase is 19 basis points higher today at 6.52%. Weekly survey of mortgage lenders with the lowest rates: 6% is back (without fees) Today’s mortgage rates Here are the current mortgage rates today, Monday, July 6, 2026, according to the latest Zillow data: – 30-year fixed: 6.40% – 20-year fixed: 6.29% – 15-year fixed: 5.86% – 5/1 ARM: 6.52% – 7/1 ARM: 6.30% – 30-year VA: 5.81% – 15-year VA: 5.51% – 5/1 VA: 5.74% Remember, these are the national averages and are rounded to the nearest hundredth.
Discover 8 strategies for getting the lowest mortgage rates Today’s mortgage refinance rates These are today’s mortgage refinance rates, Monday, July 6, 2026, according to the latest Zillow data: – 30-year fixed: 6.38% – 20-year fixed: 6.12% – 15-year fixed: 5.84% – 5/1 ARM: 6.33% – 7/1 ARM: 6.04% – 30-year VA: 5.80% – 15-year VA: 5.51% – 5/1 VA: 5.70% Again, the numbers provided are national averages rounded to the nearest hundredth. Mortgage refinance rates are often higher than rates when you buy a house, although that’s not always the case. Learn more: Read about the best mortgage refinance lenders right now Mortgage payment calculator You can use the free Yahoo Finance mortgage calculator below to play around with how different terms and rates will affect your monthly payment.