Advertising Disclosure

Compare Loan Rates & Save!

Getting multiple rate quotes can save you nearly $3,000* over the life of your loan.

Select your state to compare rates from top mortgage lenders.

Show me today's rates

What are today's average mortgage rates?

Mortgage rates came down again this morning, tumbling throughout the week and reaching their lowest point since 2022*.

Today’s economic indicators, including expanding Treasury yields, look like they could stop the momentum and put upward pressure on interest rates in the short-term.

With rates dropping to three-year lows, see if it makes sense to refinance or tap into your home equity. For hopeful home buyers, see what advice experts have for 2026 and if you qualify for financial assistance programs or more lenient loan types.

*According to Freddie Mac’s latest weekly average from Jan. 15.

Current mortgage and refinance rates

Find your lowest rate. Start here
ProgramMortgage RateAPR*Change
Conventional 30-year fixed
Conventional 30-year fixed6.111% 6.176% +0.01
Conventional 20-year fixed
Conventional 20-year fixed5.865% 5.951% +0.02
Conventional 15-year fixed
Conventional 15-year fixed5.467% 5.56% +0.01
Conventional 10-year fixed
Conventional 10-year fixed5.322% 5.395% Unchanged
30-year fixed FHA
30-year fixed FHA5.777% 5.823% +0.13
30-year fixed VA
30-year fixed VA6.26% 6.302% +0.11
5/1 ARM Conventional
5/1 ARM Conventional5.447% 5.975% Unchanged
Rates are provided by our partner network, and may not reflect the market. Your rate might be different. Click here for a personalized rate quote. See our rate assumptions See our rate assumptions here.

What’s a mortgage rate?

A mortgage rate is the rate of interest charged by a mortgage lender. Mortgage rates can be either fixed (it stays the same for the term of the loan) or variable (the rate will adjust at some point during the term of the loan). Mortgage rates are determined by the lender and can vary depending on your unique situation — your credit score, loan term, and downpayment can all affect your mortgage rate.1

Why compare mortgage rates?

The more lenders you compare when shopping for mortgage rates, the more likely you are to get the lowest interest rate available for you. Getting a lower interest rate could save you hundreds of dollars over a year of mortgage payments — and thousands of dollars over the life of the loan. Yes, it definitely pays to shop around.2

* Source: http://www.freddiemac.com/research/insight/20180417_consumers_leaving_money.page
1. Source: Freddie Mac
2. Advertising disclosure: we receive advertising revenue from some partners.

Mortgage and refinance rates by state