{"id":77963,"date":"2026-01-06T09:02:50","date_gmt":"2026-01-06T12:02:50","guid":{"rendered":"https:\/\/ubirataonline.com.br\/current-refi-mortgage-rates-report-for-jan-6-2026\/"},"modified":"2026-01-06T09:02:50","modified_gmt":"2026-01-06T12:02:50","slug":"current-refi-mortgage-rates-report-for-jan-6-2026","status":"publish","type":"post","link":"https:\/\/ubirataonline.com.br\/en\/current-refi-mortgage-rates-report-for-jan-6-2026\/","title":{"rendered":"Current refi mortgage rates report for Jan. 6, 2026"},"content":{"rendered":"


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The current average refinance rate on a 30-year, fixed-rate home loan is 6.24%, according to data from the popular real estate marketplace Zillow<\/a>. If you\u2019re a homeowner hoping to refinance<\/a> your mortgage for a lower rate or perhaps to tap home equity, read on to see average refi interest rates for a variety of loan types and terms. You can also see the prior report here<\/a>.<\/p>\n

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Current refi rates data<\/h2>\n

Note that Fortune<\/em> reviewed the most recent Zillow data available as of Jan. 5.<\/p>\n

How mortgage refinancing works<\/h2>\n

Mortgage refinancing involves replacing your existing home loan with a new one. Similar to your initial mortgage application, you\u2019ll need to apply and meet lender criteria, including your credit profile, income verification, debt-to-income (DTI) ratio, and more.\u00a0<\/p>\n

This process typically results in a small hit to your credit score due to the hard inquiry, and there\u2019s a risk of denial if you don\u2019t meet the lender\u2019s requirements.<\/p>\n

What\u2019s happening with mortgage rates in today\u2019s market?<\/h2>\n

Some observers had hoped that mortgage interest rates would decrease following the Federal Reserve\u2019s cuts to the federal funds rate late last year. However, mortgage rates remained stubbornly near the 7% mark for 30-year, fixed-rate loans nationwide.\u00a0<\/p>\n

Although rates dipped slightly toward the end of February, moving closer to 6.5%, they remain significantly higher than the pandemic-era lows in the range of 2% and 3%. As of the third quarter of 2024, 82.8% of homeowners with mortgages had rates below 6%, according to a Redfin report. That means a significant chunk of homeowners have been locked in, unwilling or unable to move or refinance with rates as high as they are currently.\u00a0<\/p>\n

Still, homeowners got some relief starting in late August and early September of 2025, when mortgage rates started trending downward ahead of the Sept. 16-17 Fed meeting. They dropped to a low not seen in almost a year, and the Fed delivered a much anticipated reduction of a quarter percentage point to the federal funds rate. The central bank followed up with a second cut of the same amount at its October meeting and a third (also the same amount) in early December.<\/p>\n

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Check Out Our Daily Rates Reports<\/strong><\/em> \n<\/p>\n