Mortgage and refinance interest rates today, Sunday, September 6, 2026: Rates much higher week-over-week

Personal Finance / Mortgages Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.

Mortgage and refinance interest rates today, Sunday, September 6, 2026: Rates much higher week-over-week Tim Manni · Sun, September 6, 2026 at 7:00 PM GMT+9 5 min read According to rates from the Zillow lender marketplace, mortgage rates are higher this week than last week. The current 30-year fixed rate is up 12 basis points to 6.67% compared to a week ago, the 15-year fixed rate increased by 13 basis points to 6.04%, and the 5/1 ARM is up 38 basis points to 6.26%.

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

Again, the numbers provided are national averages rounded to the nearest hundredth. Mortgage refinance rates are often higher than rates when you buy a house, although that's not always the case.

Use the mortgage calculator below to see how various mortgage terms and interest rates will impact your monthly payments.

Down payment Down Payment: This is the part of your home's purchase price that you pay upfront, not covered by your loan. The amount you pay as a down payment can influence your mortgage interest rate. Generally, larger down payments result in lower interest rates, as lenders see these as a sign of strong financial commitment. Loan term Loan Term: This refers to the duration over which you will repay your loan, typically measured in years. Opting for a longer loan term can reduce your monthly payments by spreading them out over a greater number of years, whereas shorter loan terms generally lead to higher monthly payments. 30-year fixed Interest rate Interest Rate: This is the annual cost you incur for borrowing money, expressed as a percentage of the loan amount. It represents the fee you pay each year to the lender for your loan. Data is provided as-is via the Zillow Mortgage API © Zillow, Inc., 2024. Use is subject to the Zillow Terms of Use. Interest rate provided via Enter Taxes, insurance and HOA fees Property tax /month Homeowners insurance /month Private mortgage insurance /month HOA fees /month Mortgage payment breakdown 81% Principal & interest 13% Property tax 6% Homeowners insurance 0% Private mortgage insurance 0% HOA fees Monthly total $2,691 81% Principal & interest $2,187 13% Property tax /month 6% Homeowners insurance /month Taxes, insurance, HOA fees 0% Private mortgage insurance /month 0% HOA fees /month See rates at top mortgage lenders Advertiser Disclosure Check rates Check rates Check rates You can bookmark the Yahoo Finance mortgage payment calculator and keep it handy for future use. It also considers factors like property taxes and homeowners insurance when determining your estimated monthly mortgage payment. This gives you a more realistic idea of your total monthly payment than if you just looked at mortgage principal and interest.

The average 30-year mortgage rate today is 6.67%. A 30-year term is the most popular type of mortgage because by spreading out your payments over 360 months, your monthly payment is lower than with a shorter-term loan.

The average 15-year mortgage rate is 6.04% today. When deciding between a 15-year and a 30-year mortgage, consider your short-term versus long-term goals.

A 15-year mortgage comes with a lower interest rate than a 30-year term. This is great in the long run because you'll pay off your loan 15 years sooner, and that's 15 fewer years for interest to accumulate. But the trade-off is that your monthly payment will be higher as you pay off the same amount in half the time.

Let's say you get a $300,000 mortgage. With a 30-year term and a 6.41% rate, for example, your monthly payment toward the principal and interest would be about $1,878.48, and you'd pay $376,254 in interest over the life of your loan — on top of that original $300,000.

If you get that same $300,000 mortgage with a 15-year term and a 5.80% rate, for example, your monthly payment would jump to $2,499.27. But you'd only pay $149,869 in interest over the years.

With a fixed-rate mortgage, your rate is locked in for the entire life of your loan. You will get a new rate if you refinance your mortgage, though.

An adjustable-rate mortgage keeps your rate the same for a predetermined period. Then, the rate will go up or down depending on several factors, such as the economy, and the maximum amount your rate can change according to your contract. For example, with a 7/1 ARM, your rate would be locked in for the first seven years, then change every year for the remaining 23 years of your term.

Adjustable rates typically start lower than fixed rates, but once the initial rate-lock period ends, your rate may increase. Lately, though, some fixed rates have been starting lower than adjustable rates. Talk to your lender about its rates before choosing one or the other.

The best mortgage lenders typically offer the lowest mortgage rates to borrowers with larger down payments, excellent credit scores, and low debt-to-income ratios. So, if you want a lower rate, try saving more, improving your credit score, or paying down some debt before you start shopping for homes.

Waiting for rates to drop probably isn't the best method to get the lowest mortgage rate right now. If you're ready to buy, focusing on your personal finances is probably the best way to lower your rate.

To find the best mortgage lender for your situation, apply for mortgage preapproval with three or four companies. Just be sure to apply to all of them within a short time frame — doing so will give you the most accurate comparisons and have less of an impact on your credit score.

When choosing a lender, don't just compare interest rates. Look at the mortgage annual percentage rate (APR) — this factors in the interest rate, any discount points, and fees. The APR, which is also expressed as a percentage, reflects the true annual cost of borrowing money. This is probably the most important number to look at when comparing mortgage lenders.

According to rates from the Zillow lender marketplace, mortgage rates are higher this week than last week. The current 30-year fixed rate is up 12 basis points to 6.67% compared to a week ago, the 15-year fixed rate increased by 13 basis points to 6.04%, and the 5/1 ARM is up 38 basis points to 6.26%.

The average 30-year fixed mortgage rate is 6.67% right now, according to Zillow. However, you might get an even better rate with an excellent credit score, sizable down payment, and low debt-to-income ratio (DTI).

According to the latest forecasts, the MBA expects the 30-year mortgage rate to average between 6.6% and 6.7% through the rest of 2026. Fannie Mae predicts a 30-year rate between 6.7% and 6.8% through the end of the year.

Mortgage rates are down more than a half point since the end of last May, sparking a more than 62% increase for refinance applications year over year. Does that mean now is a good time to refinance your mortgage?

Mortgage rates are down, so refinancing soon could be a good idea. Here's what you should know if you want to refinance your mortgage loan in early 2026.

The housing market outlook for next year includes marginally lower mortgage rates and cooling home prices. Learn what to expect in 2026 and how to prepare now.

There are several types of home refinance options, including cash-out, no-closing-cost, and more. Learn which type of refinance is best for your financial goals.

With today's high mortgage rates and home prices, it is a good time to get a VA loan. You'll pay a lower rate with no down payment. Learn about getting a VA loan now.

Find out whether loan interest rates are likely to rise or fall in 2026 and how upcoming economic shifts could affect borrowers.