Mortgage rates were mostly unchanged this morning with the average 30-year fixed rate at 5.87% and the 15-year fixed at 5.44%, according to Zillow. Check out the current mortgage rates, rounded to the nearest hundredth, for various loan types. Refinance rates can be higher than purchase rates. Two common mortgage terms are 30-year and 15-year fixed-rate mortgages. Experts suggest refinancing when you can lock in a rate that’s 2% less than your current rate. Some banks with low median mortgage rates include Chase and Citibank, but it’s wise to shop around for the best rate.

Read more at Yahoo Finance: Mortgage and refinance interest rates today, February 12, 2026: Mostly unchanged