Mortgage and refinance interest rates today, Wednesday, September 16, 2026: Rates ease somewhat ahead of the Fed's rate decision

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According to the Zillow lender marketplace, mortgage rates are mostly lower today, ahead of the Fed's conclusion of its two-day rate-setting meeting.

The average 30-year fixed rate today, Wednesday, September 16, 2026 , is 7.00% , down 2 basis points since yesterday. The 15-year fixed loan is currently 6.36% , 4 basis points higher than yesterday. The 5/1 ARM is 7.21% , down 12 basis points from Tuesday.

Read more : Weekly survey of mortgage lenders with the lowest rates: Breaking the 7% barrier

Here are the current mortgage rates for Wednesday, September 16, 2026 , according to the latest Zillow data:

Remember, these are the national averages and rounded to the nearest hundredth.

These are today's mortgage refinance rates for Wednesday, September 16, 2026 , according to the latest Zillow data:

Again, the numbers provided are national averages rounded to the nearest hundredth. Mortgage refinance rates are often higher than rates when you buy a house, although that's not always the case.