Personal Finance / Mortgages 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. Mortgage and refinance interest rates today, May 11, 2026: Will rates rise or fall this week?
Tim Manni · May 11, 2026 6 min read Long-term mortgage rates were a mixed bag last week. The 30-year ended the week higher, the 20-year ended lower, and the 15-year fixed was flat. Will rates do the same thing this week?
For the most part, you can expect mortgage rates to continue to bounce up and down, but remain within a rather narrow band, unless the economic reports out this week or news from the Middle East changes the picture significantly. According to the Zillow lender marketplace, the average 30-year fixed mortgage rate is 6.25%. The 20-year fixed rate is 5.95%, and the 15-year fixed rate is 5.66%.
READ MORE: 4 lenders dip below 6% APR: Weekly survey of mortgage lenders with the best rates Today's mortgage rates Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 6.25% 20-year fixed: 5.95% 15-year fixed: 5.66% 5/1 ARM: 6.41% 7/1 ARM: 6.02% 30-year VA: 5.71% 15-year VA: 5.28% 5/1 VA: 5.39% Remember, these are the national averages and rounded to the nearest hundredth. Discover 8 strategies for getting the lowest mortgage rates. Today's mortgage refinance rates These are today's mortgage refinance rates, according to the latest Zillow data: 30-year fixed: 6.18% 20-year fixed: 6.09% 15-year fixed: 5.66% 5/1 ARM: 5.96% 7/1 ARM: 5.96% 30-year VA: 5.75% 15-year VA: 5.28% 5/1 VA: 5.15% 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 about the best mortgage refinance lenders right now Mortgage payment calculator You can use the free Yahoo Finance mortgage calculator below to play around with how different terms and rates will affect your monthly payment. Our calculator considers factors like property taxes and homeowners insurance when estimating your monthly mortgage payment.
This gives you a better idea of your total monthly payment than if you just looked at mortgage principal and interest. This embedded content is not available in your region. 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. 30-year mortgage rates today Today's average 30-year mortgage rate is 6.25%.
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