Today's mortgage rates continue to decline, hover near historical lows | March 10, 2021

• 30-year fixed mortgage rates: 2.875%, Unchanging
• 20-year fixed mortgage rates: 2.750%, Unchanging
• 15-year fixed mortgage rates: 2.125%, Unchanging
• 10-year fixed mortgage rates: 1.875%, Down from 2.000%, -0.125

Rates last updated on March 10, 2021. These rates are based on the assumptions shown here. Actual rates may vary.

• Check out mortgage refinance rates
• Compare home purchase rates

Browse rates from multiple lenders so you can make an informed decision about your home loan.

Looking at today’s mortgage refinance rates

Today’s mortgage refinance rates have fallen since yesterday. Average refinance rates for 10-year mortgages fell to 2.000%, tying its lowest recorded rate this month. Meanwhile, 30-and 15-year fixed mortgages continue to hover near record lows, where they have stayed for three straight days. If you’re considering refinancing an existing home, check out what refinance rates look like:

• 30-year fixed-rate refinance: 2.875%, Unchanging
• 20-year fixed-rate refinance: 2.875%, Unchanging
• 15-year fixed-rate refinance: 2.250%, Unchanging
• 10-year fixed-rate refinance: 2.000%, Down from 2.125%, -0.125

Rates last updated on March 10, 2021. These rates are based on the assumptions shown here. Actual rates may vary.

Current mortgage rates

Mortgage interest rates for 10-year fixed mortgages hit 1.875%, the lowest seen so far this month. Average rates across all loan types continue to stick around historical lows.

Current 30-year mortgage rates

The current interest rate for a 30-year fixed-rate mortgage is 2.875%. This is the same as yesterday.

Current 20-year mortgage rates

The current interest rate for a 20-year fixed-rate mortgage is 2.750%. This is the same as yesterday.

Current 15-year mortgage rates

The current interest rate for a 15-year fixed-rate mortgage is 2.125%. This is the same as yesterday.

Current 10-year mortgage rates

The current interest rate for a 10-year fixed-rate mortgage is 1.875%. This is down from yesterday.

Rates last updated on March 10, 2021. These rates are based on the assumptions shown here. Actual rates may vary.

How mortgage rates have changed

Today, mortgage rates are down compared to this time last week.

• 30-year fixed mortgage rates: 2.875%, down from 3.000% last week, -0.125
• 20-year fixed mortgage rates: 2.750%, the same as last week
• 15-year fixed mortgage rates: 2.125%, down from 2.375% last week, -0.250
• 10-year fixed mortgage rates: 1.875%, down from 2.250% last week, -0.375

Rates last updated on March 10, 2021. These rates are based on the assumptions shown here. Actual rates may vary.

How to get low mortgage rates

Current mortgage and refinance rates are affected by many economic factors, like unemployment numbers and inflation. But your personal financial history will also determine the rates you’re offered.

If you want to get the lowest possible monthly mortgage payment, taking the following steps can help you secure a lower rate on your home loan:

• Improving your credit score
• Paying down debt
• Making a bigger down payment

It’s also a good idea to compare rates from different lenders to find the best rate for your financial goals. According to research from Freddie Mac, borrowers can save $1,500 on average over the life of their loan by shopping for just one additional rate quote — and an average of $3,000 by comparing five rate quotes.

Mortgage interest rates by loan type

Before you fill out your mortgage application, check out these loan rates, which you’ll be able to compare by annual percentage rate (APR) as well as interest rate:

Mortgage refinance:

• 30 Year Refinance Rates
• 20 Year Refinance Rates
• 15 Year Refinance Rates
• 10 Year Refinance Rates

Home purchase:

• 30 Year Mortgage Rates
• 20 Year Mortgage Rates
• 15 Year Mortgage Rates
• 10 Year Mortgage Rates