Today, most mortgage rates have seen a decrease, as reported by Zillow. The 30-year fixed mortgage rate has gone down by three basis points to 6.59%, while the 15-year fixed rate has dropped by four basis points to 5.91%.

Both purchase and refinance mortgage interest rates have slightly diminished since the start of the year. Individuals looking to purchase a home may find lower rates available now compared to a few months prior. For existing homeowners, this could be an opportune moment to consider refinancing if current market rates are lower than when the house was originally purchased.

For queries on buying, owning, or selling a home, you can submit your questions to Yahoo's team of Realtors using the provided Google form.

Current mortgage rates according to Zillow data are as follows:

- 30-year fixed: 6.59% - 20-year fixed: 6.41% - 15-year fixed: 5.91% - 5/1 ARM: 6.82% - 7/1 ARM: 7.13% - 30-year VA: 6.09% - 15-year VA: 5.67% - 5/1 VA: 6.22%

These rates are national averages and rounded to the nearest hundredth.

Refinance rates for mortgages are typically higher than rates for home purchases. The current refinance rates according to Zillow data are:

- 30-year fixed: 6.55% - 20-year fixed: 6.27% - 15-year fixed: 5.84% - 5/1 ARM: 6.54% - 7/1 ARM: 6.56% - 30-year VA: 6.20% - 15-year VA: 5.86% - 5/1 VA: 6.26% - 30-year FHA: 6.18% - 15-year FHA: 6.04%

Refinance interest rates can be influenced by factors like credit score, debt-to-income ratio, and the loan term selected.

Securing a low mortgage refinance rate involves strategies such as improving credit scores, reducing debt-to-income ratios, and considering a shorter loan term for a lower rate, although this may result in higher monthly payments.