According to the Zillow lender marketplace, the average 30-year fixed rate today, Friday, July 24, 2026, is 6.455%, down 5.9 basis points since yesterday. Learn more: Dig deeper into the 7 home refinance optionsFree mortgage calculatorYour mortgage rate plays a large role in how much your monthly payment will be. How mortgage interest rates workA mortgage interest rate is a fee for borrowing money from your lender, expressed as a percentage. Mortgage interest rates today: FAQsWhat are mortgage interest rates doing today? According to the latest forecasts, the MBA expects the 30-year mortgage rate to be between 6.4% and 6.5% through 2026.