According to CoinMeta, on August 17, 2026, the mortgage loan rates for home purchases were lower than the refinancing rates. The current 30-year fixed mortgage rate is 6.54%, which is 5 basis points lower than the current refinancing rate. The 15-year fixed mortgage rate is 5.86%, which is 2 basis points lower than the 15-year refinancing rate. The 5/1 ARM mortgage rate is 6.24%, which is 20 basis points lower than the 5/1 refinancing rate. According to Zillow data, mortgage rates are generally lower than refinancing rates, reflecting the dynamics of the housing market.