What are mortgage rates today and why did they fall to 6.09%?

Mortgage rates today average 6.09% for a 30-year fixed, reflecting easing inflation signals and a resilient job market that reduced worst-case rate fears. Mortgage-backed securities rallied alongside Treasuries, helping lenders trim quotes. The move is modest, but it supports affordability heading into the US spring buying season and can stabilize housing-related activity.

Are 30-year mortgage rate offers below 6% real?

Yes, select lenders are posting sub-6% APRs this week, mainly for strong-credit borrowers with favorable loan-to-value and fee structures. These are not universal, and pricing can change daily with yields. Always compare multiple quotes on the same day, check the APR, and review points and closing costs before deciding.

Will refinance rates follow the drop, and who benefits?

Refinance rates usually move with mortgage rates today. Borrowers who hold higher coupons, carry mortgage insurance, or plan to stay in the home long enough to break even on fees benefit most. Those who already refinanced at very low pandemic-era rates are less likely to see meaningful savings from current quotes.

How do US mortgage moves affect Indian investors?

Lower US mortgage rates often track softer Treasury yields, which can ease dollar strength and support risk appetite. That can help flows into Indian rate-sensitive sectors, while steadier US housing can aid demand for IT and mortgage operations services. Watch the US 10-year yield, inflation data, and mortgage application trends for spillover cues.

Global Market Insights

February 15: US Mortgage Rates Edge to 6.09% as Sub-6% Deals Emerge

ByDanny Kontos February 15, 2026February 15, 2026

US mortgage rates today slipped to 6.09% for the average 30-year mortgage rate, with four major lenders still quoting sub-6% APRs this week. The move comes as inflation eases while a strong job market supports demand. For Indian investors, softer US rates can lift housing activity, influence global yields, and affect risk sentiment. We unpack the drivers, near-term impacts on lending and refinancing, and what to watch if you track global equities, REITs, and interest-rate sensitive assets.