Multiple closely watched mortgage rates decreased today. The average rates on 30-year fixed and 15-year fixed mortgages both receded. On the variable-mortgage side, the average rate on 5/1 adjustable-rate mortgages also slid lower.

Rates accurate as of January 26, 2021.

Data source: Bankrate overnight averages data

Mortgage rates change daily, but they remain much lower overall than they were before the Great Recession. If you’re in the market for a mortgage, it may make sense to lock if you see a rate you like. Just make sure you’ve looked around for the best rate first.

Find the right mortgage rate for your specific criteria.

30-year mortgage rates today

The average rate you’ll pay for a 30-year fixed mortgage is 2.86 percent, down 5 basis points

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