Mortgage interest rates have slightly decreased, with today’s 30-year fixed rate at 6.53% and the 15-year fixed rate at 5.67%, according to Zillow. Refinance rates are also down, with a 30-year fixed rate at 6.55% and a 15-year fixed rate at 5.83%. National averages for mortgage rates are provided, and they are rounded to the nearest hundredth. When choosing between a 15-year and a 30-year mortgage, consider your short-term versus long-term goals. The best way to secure a lower rate is to focus on personal finances rather than waiting for rates to drop.

Read more at Yahoo Finance: Rates have dropped over the last month