Refinance Rates Today
Refinance rates stand at 6.76% in the latest published reading of September 10, 2026, according to Freddie Mac Primary Mortgage Market Survey via FRED. Refinance rates today, benchmarked to the Freddie Mac 30-year and 15-year survey averages, plus the break-even maths that decides whether refinancing is worth the closing costs.
30-year fixed
6.76%
Freddie Mac Primary Mortgage Market Survey via FRED, observation of September 10, 2026.
- One month ago
- 6.67%
- One year ago
- 6.35%
- 12-month high
- 6.76%
- 12-month low
- 5.98%
| Series | Now | Observed | 1 month ago | 1 year ago | 12-month change | 12-month range |
|---|---|---|---|---|---|---|
| 30-year fixed | 6.76% | 6.67% | 6.35% | +0.41 pts | 5.98% – 6.76% | |
| 15-year fixed | 6.09% | 5.96% | 5.50% | +0.59 pts | 5.35% – 6.09% | |
| 10-year Treasury yield | 5.00% | 4.68% | 4.05% | +0.95 pts | 3.97% – 5.00% |
Sources: Freddie Mac Primary Mortgage Market Survey via FRED; Freddie Mac Primary Mortgage Market Survey via FRED; U.S. Treasury via FRED.
What moves refinance rates
- The same market that sets purchase rates. There is no separate public survey of refinance pricing, so the honest benchmark is the purchase average, which refinance quotes track closely.
- Loan-to-value and cash-out. A cash-out refinance is priced above a rate-and-term refinance, sometimes by a wide margin.
- Closing costs. A lower rate that takes six years to pay back its fees is not a saving if you move in three.
We publish what has been observed and who published it. We do not forecast where this rate goes next.
Find out if refinancing clears your break-even
Get quotes with fees included, not just a headline rate, and compare them against what you pay today.
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Frequently asked questions
How much lower does the rate need to be to refinance?
There is no universal rule. Divide total closing costs by the monthly payment saving to get the break-even in months, then compare it with how long you will keep the loan. The calculator linked here does it for you.
Do refinance rates differ from purchase rates?
Usually slightly, and cash-out refinances are priced higher than rate-and-term. Because no public survey tracks refinance pricing separately, this page shows the purchase survey averages and says so plainly.