What are current mortgage rates today?

Freddie Mac data show the 30-year fixed at 6.15%, the 2025 low, as we start 2026. Quotes vary by credit score, down payment, points, and lock period. Get same-day estimates from at least three lenders to compare annual percentage rate, fees, and any credits.

Do current mortgage rates follow the 10-year Treasury yield?

Yes, mortgage pricing tracks the 10-year Treasury yield over time. When the yield drops on softer inflation or growth data, lenders often improve offers. The spread between mortgages and Treasurys moves too, so quotes may change even if the yield is stable.

Is now a good time to refinance?

If your existing rate is near or above 7%, compare today’s refinance rates in the low-6% band. Run a breakeven: total closing costs divided by monthly savings. If payback is under two years and you plan to stay put, a refi can make sense.

How can I get the best mortgage rate?

Improve your credit score, lower your debt-to-income ratio, and increase your down payment. Ask for quotes with and without points, and check 30-, 45-, and 60-day locks. Shop three lenders on the same day to compare annual percentage rate, fees, and credits accurately.

Global Market Insights

Mortgage Rates Today, January 03: 2025 Low at 6.15% Lifts Buyer Hopes

ByHuzaifa Zahoor January 4, 2026January 4, 2026

Current mortgage rates started 2026 on a softer note after the 30-year fixed dropped to 6.15%, the 2025 low. The move tracks a cooler 10-year Treasury yield and slightly better November home sales. Buyers now see improved affordability, while refinance rates may draw more interest from 2023–2024 borrowers with 7% loans. We break down the savings, lock strategies, and what experts expect for 2026. Use this guide to plan your next steps with clear, simple numbers you can trust.