February 20, 2026 | Lowest Fixed Conventional Refinance Rate Holds at 4.75%

As of February 20, 2026, 15-Year Fixed-Rate Conventional Refinance loans remain at 5.375%, unchanged from both last week and the past month. Similarly, 30-Year Fixed-Rate Conventional Refinance loans hold steady at 5.875%, with no change over 7 or 30 days. These stable rates suggest consistent borrowing costs for homeowners considering refinancing options.

For members focused on reducing interest expense over the loan term, the 15-year fixed refinance rate at 5.375% represents the lowest cost option available today, beneficial for those prioritizing accelerated payoff and interest savings. Conversely, the 30-year fixed refinance rate at 5.875% offers longer-term payment stability but with higher total interest outlay.

Given these unchanged rates, borrowers should carefully assess whether refinancing aligns with their financial goals, particularly if current yield spreads offer meaningful savings after closing costs. Consider fixed-rate solutions to mitigate future rate volatility and evaluate your mortgage strategy in light of steady market conditions.

For details, visit https://www.affinityplus.org/rates/mortgage-rates.

As of February 20, 2026, refinance fixed-rate mortgage options show stable to slightly mixed movement. The 15-year fixed refinance rate increased by 12.5 basis points to 5.50%, reflecting a modest rise compared to last week, which may slightly raise the cost of borrowing for those seeking shorter-term payoff schedules. Conversely, the 30-year fixed refinance rate remains steady at 6.00%, unchanged over the past seven days but down 12.5 basis points from one month ago, potentially offering more favorable yield spreads for longer-term borrowers.

Members considering refinancing should weigh these movements carefully; a small uptick in the 15-year fixed rate could impact monthly payments, while the stable 30-year fixed rate may present an opportunity to lock in predictable costs. For those prioritizing payment stability and long-term planning, evaluating fixed-rate options is advisable.

Consider your refinancing strategy based on current rates and projected savings relative to closing costs. For details, visit https://www.connexuscu.org/loans/mortgage-refinance.

As of February 20, 2026, 15-year fixed refinance loans hold the lowest rate at 5.125% with 1.0 points, unchanged from one week ago and down 25 basis points compared to 30 days prior. The 30-year fixed refinance rate remains steady at 5.625% with 1.125 points, reflecting no change over the past week and a modest decline of 12.5 basis points versus a month ago. These stable yield spreads suggest a consistent cost of borrowing for borrowers prioritizing long-term financing options. Members considering refinancing may benefit from evaluating fixed-rate terms to lock in current rates, especially if seeking predictable monthly payments or planning to reduce interest expenses over time. For details, visit https://www.dcu.org/borrow/mortgage-loans/mortgage-refinance-loans.html.

As of February 20, 2026, 15 Year Fixed Refinance rates remain steady at 4.875%, unchanged over the past week but up 25 basis points compared to 30 days ago. The 30 Year Fixed Refinance rate holds at 5.625%, also stable week-over-week with a modest increase of 12.5 basis points since late January. These yield spreads suggest a slight rise in the cost of borrowing over the past month, impacting long-term refinancing decisions. Members seeking shorter-term stability may find the 15 Year Fixed option more cost-effective given its lower rate. Meanwhile, those prioritizing smaller monthly payments might evaluate the trade-offs associated with the longer 30-year term amid recent rate shifts. Consider your mortgage strategy carefully; refinancing could be beneficial if projected savings exceed associated costs. For details, visit https://fccu.org/loans/home-loans/mortgage-refinances.

As of February 20, 2026, 30-year fixed refinance rates remain steady at 4.99%, unchanged over the past week and month, reflecting stable yield spreads and consistent cost of borrowing for long-term loans. Meanwhile, the 15-year fixed refinance rate holds at 5.25%, showing no change from last week but a notable increase of 25 basis points over 30 days. This rise suggests slightly higher short-term borrowing costs for those seeking faster payoff terms.

Members refinancing with a preference for predictable payments may find value in the 30-year fixed option’s stability. Conversely, borrowers aiming to reduce interest expense more rapidly should assess whether the recent uptick in 15-year rates outweighs potential savings. Evaluating current mortgage strategies in light of these steady yet differentiated rate environments can aid informed refinancing decisions.

For details, visit https://www.langleyfcu.org/mortgage-refinance.

As of February 20, 2026, refinance mortgage rates at Mountain America remain stable compared to one week ago. The 15-year fixed mini mortgage holds steady at 6.74%, unchanged from last week and consistent over the past 90 days, reflecting a stable cost of borrowing for shorter-term fixed refinances. Meanwhile, the 30-year fixed refinance rate is at a competitive 5.875%, marking no change versus last week but a notable decline of 11.5 basis points from 30 days prior. This reduction may benefit members seeking longer-term stability with lower monthly payments. Members evaluating their mortgage strategy should consider fixed-rate options if they prioritize predictable payments or explore refinancing when potential savings outweigh associated costs. For details, visit https://www.macu.com/loans/home-loans/refinance.

As of February 20, 2026, Navy Federal Credit Union mortgage refinance rates remain stable. The Conventional 15-Year Fixed Refinance rate holds steady at 4.75%, unchanged from one week ago, maintaining its position as the lowest-cost borrowing option in today’s lineup. Meanwhile, the Homebuyers Choice 30-Year Fixed Refinance rate also remains flat at 6.25% over the past week but has decreased by 12.5 basis points compared to 30 days ago, reflecting a modest easing in long-term fixed-rate yields.

For members prioritizing lower monthly payments and longer amortization schedules, the slight decline in the 30-year fixed rate may improve affordability. Conversely, borrowers focused on minimizing total interest paid might find stability in the shorter-term 15-year fixed loan advantageous. Given these dynamics, evaluating your refinancing strategy with an emphasis on term length and cost of borrowing is recommended.

Consider refinancing if projected savings surpass associated costs or locking in a fixed-rate product for interest rate certainty.

For details, visit https://www.navyfederal.org/loans-cards/mortgage/refinancing.html#:~:text=Refinance%20Rate%20Options,1

On February 20, 2026, 15-year fixed refinance rates stand at 4.875% with 1.0 point, down 12.5 basis points from last week and month, marking the lowest rate in today’s offerings. The 30-year fixed refinance rate is at 5.75% with 1.125 points, decreasing by 12.5 basis points week-over-week and a notable 25 basis points compared to 30 days ago. These downward shifts reduce the cost of borrowing for members seeking to refinance, potentially lowering monthly payments and total interest over the loan term. Borrowers prioritizing payment stability may find the fixed-rate options advantageous amid current market conditions. Members considering refinancing should evaluate whether these rate improvements align with their financial goals, particularly if potential savings exceed refinancing costs. For details, visit https://www.tropicalfcu.com/compare-florida-mortgage-home-refinance-rates.

As of February 20, 2026, WINGS FINANCIAL reports that the 15-year Fixed-Rate Refinance Loan increased by 12.5 basis points to 5.0%, up from 4.875% a week ago, but remains 25 basis points lower than 30 days ago. This rise slightly raises the cost of borrowing for homeowners seeking shorter-term refinancing. Meanwhile, the 30-year Fixed-Rate Refinance Loan held steady at 5.5%, showing no change over the past seven days and a significant decrease of 50 basis points compared to 30 days prior, improving affordability for longer-term refinancing.

Members considering refinancing should evaluate if locking in fixed-rate options aligns with their financial goals, especially given recent yield spread shifts. Those focused on stability might find the 15-year fixed rate appealing despite the small uptick, while others may benefit from the sustained lower rate on the 30-year fixed loan.

For details, visit https://www.wingscu.com/rates/mortgages-refinance#main.

As of February 20, 2026, mortgage rates for 15-Year Fixed Rate Jumbo loans have decreased to 6.031%, down by 0.07 basis points from yesterday and showing a notable decline of 0.19 basis points over the past week. In contrast, the 30-Year Fixed Rate Jumbo has slightly increased to 6.150%, reflecting a marginal uptick of 0.02 basis points in one day. Borrowers should note that while the shorter-term loan is becoming less expensive, long-term options are experiencing slight upward pressure. With current trends indicating lower costs for shorter durations, it may be advantageous for borrowers to consider their loan term carefully based on these fluctuations in borrowing costs.

Inflation expectations, reflected in the Breakeven Inflation Rates of 10 years at 2.290% and 5 years at 2.430%, indicate moderate future inflation, impacting borrowing costs. Notably, Mortgage 30Yr Jumbo Average Rates rose by 0.19 points over the last week, while Mortgage 30Yr Usda Average Rates fell by 0.18 points over the past month, marking the largest shifts in their respective periods. Current mortgage rates range from a low of 5.645% for VA loans to higher rates for jumbo loans. Borrowers should consider these rate fluctuations when making financing decisions, as even small changes can significantly affect overall borrowing costs. Monitoring these indicators can provide valuable insights into future market conditions.

Every mortgage journey is unique, and so is every buyer’s story. Maybe you’re navigating the process for the first time, or maybe you’re a seasoned homeowner looking for a smarter refinance. Either way, LendMesh is here for you. We’re proud to partner with institutions big and small, from household-name banks to community credit unions who know your local market inside and out. Our expert-written guides and side-by-side comparisons mean you always have the information you need, without the hassle or guesswork. Want to see what’s out there? Visit our Mortgage Loans page: https://www.lendmesh.com/loans/mortgage_loans . At LendMesh, homebuying doesn’t have to be complicated—it can even be inspiring.