The national average mortgage and refinance rates for the week are just above one-year lows, with a 30-year fixed mortgage rate averaging 6.10%. According to Zillow data, current rates include a 30-year fixed at 5.87% and a 15-year fixed at 5.43%. Mortgage refinance rates are often higher than rates when buying a house. A fixed-rate mortgage locks in your rate for the entire loan term, while an adjustable-rate mortgage adjusts periodically. Economists don’t expect drastic mortgage rate declines through 2026, with rates hovering within a range. The Mortgage Bankers Association and Fannie Mae predict 30-year rates near 6% through next year and little change in 2027.

Read more at Yahoo Finance: Mortgage and refinance interest rates today, January 30, 2026: Lingering near one-year lows