Mortgage rates for 30-year loans increased slightly but are still hovering near their lowest level of 2025. Rate movement was mixed for other loan types.

The rate on a 30-year fixed refinance rose to 6.95% today, according to the Mortgage Research Center. Rates averaged 5.95% for a 15-year financed mortgage and 6.81% for a 20-year financed mortgage. Related: Compare Current Refinance Rates 30-Year Refinance Rates Currently,

Mortgage rates moved slightly lower this week, but not enough to motivate most buyers. The average rate on the 30-year fixed-rate mortgage fell five basis points to 6.79% the week ending Feb. 20, according to rates provided to NerdWallet by Zillow. A basis point is one one-hundredth of a percentage point.