Mortgage rates continue to rise from week-ago levels, according to Zillow rate data supplied to Yahoo Finance, as markets are pricing in a Fed rate increase following its December meeting. One Fed governor even suggested a 50-basis-point hike is on the table.
The average 30-year fixed purchase rate today, Friday, November 13, 2026, is 7.14%, up 5 basis points since yesterday and 15 basis points since last week. The 15-year fixed purchase rate is currently 6.48%, down 5 basis points from yesterday but up 13 basis points since last week. The 5/1 ARM is 7.44%, up 42 basis points from Thursday and 64 basis points since last week.
The average 30-year, 15-year, and 5/1 ARM refinance rates are also up significantly from last week — increasing 20, 24, and 57 basis points, respectively.
Read more: Weekly survey of mortgage lenders with the lowest rates: 2 more lenders move below 7%
Current mortgage rates
Here are the current purchase rates, according to the latest Zillow data, for Friday, November 13, 2026:
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30-year fixed: 7.14%
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20-year fixed: 6.80%
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15-year fixed: 6.48%
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5/1 ARM: 7.44%
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7/1 ARM: 6.74%
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30-year VA: 6.51%
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15-year VA: 5.86%
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5/1 VA: 6.32%
Current mortgage refinance rates
These are the latest refinance rates, according to the latest Zillow data, for Friday, November 13, 2026:
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30-year fixed: 7.07%
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20-year fixed: 6.72%
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15-year fixed: 6.57%
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5/1 ARM: 7.14%
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7/1 ARM: 6.52%
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30-year VA: 6.66%
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15-year VA: 6%
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5/1 VA: 6.06%
Free mortgage calculator
Your mortgage rate plays a large role in how much your monthly payment will be. Use this mortgage calculator to see how your mortgage rate, loan amount, and term length will impact your monthly payments:
Bookmark the Yahoo Finance mortgage payment calculator and keep it handy as you shop for homes and mortgage lenders.
How to get a low mortgage rate
The best mortgage lenders typically offer the lowest mortgage rates to borrowers with larger down payments, excellent credit scores, and low debt-to-income ratios. So, if you want a lower rate, try saving more, improving your credit score, or paying down some debt before you start shopping for homes.
Waiting for rates to drop probably isn’t the best method to get the lowest mortgage rate right now. If you’re ready to buy, focusing on your personal finances is probably the best way to lower your rate.
How to choose a mortgage lender
To find the best mortgage lender for your situation, apply for mortgage preapproval with three or four companies. Just be sure to apply to all of them within a short time frame — doing so will give you the most accurate comparisons and have less of an impact on your credit score.
When choosing a lender, don’t just compare interest rates. Look at the mortgage annual percentage rate (APR) — this factors in the interest rate, any discount points, and fees. The APR, which is also expressed as a percentage, reflects the true annual cost of borrowing money. This is probably the most important number to look at when comparing mortgage lenders.
Mortgage interest rates today: FAQs
What are Freddie Mac’s mortgage rates today?
According to Freddie Mac, the average 30-year mortgage rate was 7.11% through Wednesday, down from 7.18% a week earlier. A year ago, the average 30-year mortgage rate was 6.24%.
How low will mortgage rates go in 2026?
According to the latest forecasts, the MBA expects the 30-year mortgage rate to average 7.3% through the rest of 2026. Fannie Mae predicts a 30-year average rate of 7.4% through year-end.
How low could mortgage rates go by 2027?
Mortgage rates are likely to remain little changed in 2027. The MBA forecasts 30-year fixed rates of 7.2% and 7.1% for all of 2027. Fannie Mae is predicting average rates will be 7.5% throughout 2027.
Methodology
The interest rates provided by the Zillow Lender Marketplace are national averages rounded to the nearest hundredth. The rates featured in today’s daily rate article were provided to Yahoo Finance the previous day. The rates in this article are current as of November 12, 2026, at 3:07 p.m. ET.
