Is 5.99% a good 30-year mortgage rate today?

For many buyers, 5.99% is a competitive 30-year mortgage rate today, especially if the APR and fees are also low. Compare at least three same-day quotes, confirm points, and check total cash to close. If another lender offers a float-down, that can add extra protection.

Should I lock my rate now or wait?

If you have a sub-6% APR quote that fits your budget, a 30–45 day lock with a float-down can help secure savings. If you expect better pricing soon, keep preapproval current and monitor intraday moves. Revisit quotes after key inflation or jobs data releases.

How do I find the best mortgage lenders right now?

Start with three to five lenders, including a bank, a credit union, and a mortgage broker. Request same-day Loan Estimates, compare APR, points, lender credits, and total cash to close. Ask about float-downs, lock extensions, and underwriting timelines to avoid delays that can add costs.

When does refinancing make sense at today’s rates?

Refinancing can work if the monthly savings outweigh costs within a time frame you will keep the home or loan. Divide closing costs by expected monthly savings to get break-even months. If you plan to move or sell before that point, refinancing likely is not worth it.

Global Market Insights

Mortgage Rates Today, February 10: 30-Year at 5.99% as Sub-6% Offers Persist

ByHuzaifa Zahoor February 10, 2026

Mortgage rates today hover near 5.99% for the average 30-year mortgage, according to Zillow, while several major lenders still show sub-6% APR offers. With no Fed meeting this month and inflation steady, we see a narrow, range-bound market. Many buyers say they will wait unless rates fall below 6%, creating a clear line for demand. We break down what this window means for purchases and refinances, how to shop quotes, and when to lock to protect savings.