Current Mortgage Interest Rates for February 19, 2026

As of February 19, 2026, the average mortgage interest rate for a 30-year loan is 5.87%, while a 15-year loan averages 5.25%. Current refinance rates also remain attractive, with 30-year loans at 6.33% and 15-year loans at 5.58%. Prospective buyers and homeowners should consider acting now to secure favorable rates before potential increases, especially with the spring homebuying season approaching. It’s advisable to compare offers from multiple lenders while factoring in fees and closing costs.