Rates as of July 8, 2026
| Program | Mortgage Rate | APR* | Change |
|---|---|---|---|
| Conventional 30-year fixed | |||
| Conventional 30-year fixed | 6.67% | 6.756% | Unchanged |
| Conventional 15-year fixed | |||
| Conventional 15-year fixed | 5.83% | 6.016% | Unchanged |
| 30-year fixed FHA† | |||
| 30-year fixed FHA† | 6.606% | 6.67% | +0.33 |
| 30-year fixed VA† | |||
| 30-year fixed VA† | 6.65% | 6.706% | +0.34 |
| 5/1 ARM Conventional | |||
| 5/1 ARM Conventional | 6.625% | 5.469% | Unchanged |
| Conventional 20-year fixed | |||
| Conventional 20-year fixed | 6.546% | 6.704% | Unchanged |
| † National average shown — statewide Arkansas data for this loan type isn't available yet. | |||
| 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. | |||
Buying a Home in Arkansas
In Arkansas, a real estate transaction is fairly straightforward. But, it would be wise to seek advice from a local real estate agent about any specific questions you need answered, in particular regarding the documentation and forms you will need to fill out.
In a standard real estate transaction in Arkansas, the following stages would be involved.
- Both the buyer and seller sign a contract in order to complete the transaction
- The buyer conducts a title search on the property and secures financing
- Next comes the closing. In an Arkansas home closing, the deed transfers ownership of the property
- The final phase is recording the deed into the name of the new owner
Refinancing in Arkansas
As you’d expect in Arkansas, regulation of mortgage refinances can best be described as “light touch.” Generally, if you and your lender are happy with an arrangement you reach, the state sees little need to interfere.
As with a refinance in any state, shop around. First, decide if you want to work with a face-to-face Arkansas lender in your hometown or pursue an online lender.
It’s a good idea to get quotes from both and test rates and service from these types of lenders.