Interest rates for fixed-rate mortgages are nearing 6% as of Friday, March 27, 2026. The average rate for a 30-year fixed mortgage was 5.96%, while the average for a 15-year fixed mortgage reached 5.57%. These figures represent a slight increase from the previous day.

For refinance loans, the average rate for a 30-year fixed refinance was 5.97%, and the 15-year fixed refinance average stood at 5.56%. These rates are also close to the 6% mark.

The rise in mortgage rates can impact affordability for prospective homebuyers and the potential savings for those looking to refinance their existing home loans.

Key Takeaways

• The average rate for a 30-year fixed mortgage is 5.96% as of March 27, 2026.
• The average rate for a 15-year fixed mortgage is 5.57% as of March 27, 2026.
• Refinance rates are also approaching 6% for 30-year loans and 5.56% for 15-year loans.

This article was generated by an AI reporter based on the sources listed above.