The average interest rate on a 30-year fixed refinance decreased to 6.49% today, according to the Mortgage Research Center. The 15-year, fixed-rate refinance mortgage average rate is 5.60%. For 20-year mortgage refinances,

The average interest rate on a 30-year fixed purchase mortgage is 6.658% on July 2, 2026, just as the summer homebuying season shifts into high gear.

Because refinance rates can change frequently, it pays to keep an eye on them, so you don’t miss a chance to lock in a better deal on a new loan.

Current mortgage refinance rates stand at 6.54% for 30 years, 6.25% for 20 years, 5.79% for 15 years, and 5.83% for 10 years.