![](https://www.bankrate.com/2021/05/11184925/todays-mortgage-interest-rates1.jpg?auto=webp&&optimize=high&crop=16:9&width=300)
Rates decrease | Current mortgage and refinance rates for February 12, 2025
The current average rate for a 30-year fixed mortgage is 6.91, the average rate for a 15-year fixed mortgage is 6.23 percent, and the average rate on a 5/1 ARM is 6.12 percent.