Mortgage and refinance interest rates today, Saturday, July 25, 2026: Highest rates this year

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. According to average rates from the Zillow lender marketplace, the current 30-year fixed rate today, Saturday, July 25, 2026, rose by 24.

1 basis points to 6.696%, the 15-year fixed rate rose by 9.6 basis points to 6.

036%, and the 5/1 ARM rose by a whopping 41.4 basis points to 6.637%.

Read more: Weekly survey of mortgage lenders with the lowest rates: Rates bubble higher Today's mortgage rates Here are the current mortgage rates today, Saturday, July 25, 2026, according to the latest Zillow data: 30-year fixed: 6.696% 20-year fixed: 6.705% 15-year fixed: 6.

036% 5/1 ARM: 6.637% 7/1 ARM: 6.59% 30-year VA: 6.

103% 15-year VA: 5.773% 5/1 VA: 6.913% Remember, these are the national averages and are rounded to the nearest hundredth.

Read more: Discover 8 strategies for getting the lowest mortgage rates Today's mortgage refinance rates These are today's mortgage refinance rates, Saturday, July 25, 2026, according to the latest Zillow data: 30-year fixed: 6.617% 20-year fixed: 6.66% 15-year fixed: 5.

978% 5/1 ARM: 6.36% 7/1 ARM: 6.474% 30-year VA: 6.

17% 15-year VA: 5.719% 5/1 VA: 5.794% 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. Read more: Want to refinance your mortgage in 2026? Here's what to do.

Free mortgage calculator Use the mortgage calculator below to see how today's interest rates would affect your monthly mortgage payments. Payment breakdown Amortization Mortgage payment calculator Home price 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 $2,688 81% Principal & interest $2,184 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, as you shop for homes and the best mortgage lenders.

You also have the option to enter costs for private mortgage insurance (PMI) and homeowners' association dues, if applicable. These details result in a more accurate monthly payment estimate than if you simply calculated your mortgage principal and interest. 30-year fixed mortgage rates: Pros and cons There are two main advantages to a 30-year fixed mortgage: Your payments are lower, and your monthly payments are predictable.

A 30-year fixed-rate mortgage has relatively low monthly payments because you're spreading your repayment out over a longer period of time than with, say, a 15-year mortgage. Your payments are predictable because, unlike with an adjustable-rate mortgage (ARM), your rate isn't going to change from year to year. Most years, the only things that might affect your monthly payment are any changes to your homeowners insurance or property taxes.

The main disadvantage of 30-year fixed mortgage rates is the mortgage interest, both in the short and long term. A 30-year fixed term comes with a higher rate than a shorter fixed term, and it's higher than the intro rate to a 30-year ARM. The higher your rate, the higher your monthly payment.

You'll also pay much more in interest over the life of your loan due to both the higher rate and the longer term. 15-year fixed mortgage rates: Pros and cons The pros and cons of 15-year fixed mortgage rates are basically swapped with those of the 30-year rates. Yes, your monthly payments will still be predictable, but another advantage is that shorter terms come with lower interest rates.

Not to mention,