Current Mortgage Interest Rates for February 9, 2026
As of February 9, 2026, mortgage interest rates have shown notable stability, prompting potential homebuyers and homeowners considering refinancing to evaluate their options. The current mortgage rate environment is unaffected by any Federal Reserve meetings this month, and unemployment data has not recently influenced the market. While inflation remains persistent, its stability in recent months contributes to a consistent mortgage rate scenario, a relief compared to earlier fluctuations in the decade.
Current Mortgage Interest Rates for February 9, 2026
The average mortgage interest rates as of February 9, 2026, reveal the following:
- 30-Year Mortgage Rate: 5.99%
- 15-Year Mortgage Rate: 5.37%
These figures represent a continuation of rates that have been stable throughout January 2026. Although these rates are higher compared to those offered in recent years, they remain competitive against historical averages. This period of relative stability allows buyers to shop for various lenders and rates online effectively.
Mortgage Refinance Rates
Alongside purchasing rates, refinancing options are also attractive. Here are the average refinance rates:
- 30-Year Refinance Rate: 6.80%
- 15-Year Refinance Rate: 5.52%
The 15-year refinance rate, slightly lower than earlier in the month, can be particularly advantageous for those looking to pay off their mortgages sooner. While opting for a shorter mortgage term may lead to higher monthly payments, the potential savings on interest and the benefit of quicker debt relief could justify the decision.
Conclusion
The mortgage landscape as of February 9, 2026, presents an opportunity for homebuyers and those considering refinancing to take action. With the average rates for 30-year and 15-year mortgages standing at 5.99% and 5.37%, respectively, and refinance rates nearing similar levels, the current stability offers a strategic moment to explore financial options. Engaging in thorough research and comparison can help prospective buyers and homeowners alike secure favorable terms without the pressure of looming volatility.
