Mortgage and refinance rates today, Tuesday, June 16, 2026: 30- and 15-year rates falling while other rates rising

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According to the Zillow lender marketplace, the average 30-year fixed rate is 6.31% , down 4 basis points since yesterday. The 20-year fixed rate is up 9 basis points to 6.19% . The 15-year fixed loan is currently at 5.74% , also 4 basis points lower than yesterday. The 5/1 ARM is 6.31% , just 1 basis point higher than on Monday.

Weekly survey of mortgage lenders with the lowest rates: Even closer to 6%

Here are the current mortgage rates, according to our latest Zillow data, for Tuesday, June 16, 2026:

Remember that these are the national averages and are rounded to the nearest hundredth.

These are the current mortgage refinance rates, according to the latest Zillow data for Tuesday, June 16, 2026:

Again, the numbers provided are national averages rounded to the nearest hundredth. Refinance rates are usually higher than purchase rates.

A mortgage calculator can help you see how various mortgage term lengths and interest rates will affect your monthly payments. Use this mortgage calculator to explore different outcomes.