Facebook
X
Pinterest
Copy Link
The average 30‑year fixed mortgage rate in February 2025 was roughly 6.7%–6.8% based on multiple national data sources. This reflects a period of elevated but gradually easing rates compared with late 2023–2024. Borrowing costs were still high historically but lower than the 7.5–8% peaks of late 2023.
The average 30‑year fixed mortgage rate TODAY, February 2026 is hovering around the low‑6% range, with most reputable sources placing it between 6.01% and 6.26%, depending on the survey and lender mix.
📉 Current national averages
- 6.01% — Freddie Mac’s benchmark long‑term rate, the lowest in over three years
- 6.18% — Bankrate’s national average as of this morning
- 6.26% — Bankrate’s 30‑year fixed APR from its lender survey on Feb. 18, 2026
- 6.05% — Mortgage News Daily’s daily index for 30‑year fixed loans
- 6.18% — U.S. News national average APR (as of Feb. 17, 2026)
Across these sources, the consensus average is roughly 6.1%.
🧭 Why rates vary across sources
- Different survey methods: Some track lender rate sheets daily; others use weekly averages.
- APR vs. interest rate: APR includes fees, so it’s usually slightly higher.
- Loan type and borrower profile: Credit score, down payment, and location can shift your personal rate.
🏡 What this means if you’re shopping for a mortgage
- Rates are well below last year’s levels, improving affordability.
- The market has been stable in the low‑6% range for several weeks, suggesting a calmer rate environment.
- If you’re refinancing, today’s rates may offer meaningful savings depending on your current loan.
If you haven’t checked with a mortgage lender recently for a pre-approval, you may find that pre-approvals are improving over prior years.
