Current Mortgage Rates

Stay up to date on current mortgage and refinance rates and see how interest rates are trending.

Mortgage rate updates
Peter Warden
- 6 min read

Mortgage and refinance rates today, October 20, 2020

Today’s mortgage and refinance rates  Average mortgage rates held steady yesterday. And conventional loans today start at 3.063% (3.063% APR) for a 30-year, fixed-rate mortgage.  Markets drooped during yesterday as […]

What are today's mortgage rates?

Average mortgage rates held steady yesterday. And conventional loans today start at 3.063% (3.063% APR) for a 30-year, fixed-rate mortgage. 

Markets drooped during yesterday as investors saw their early hopes for a new stimulus package melting away. Today’s looking much the same — and still over the same stimulus. Will the early optimism last in coming hours? Or will it again dissipate?

Find and lock a low rate (Oct 20th, 2020)

Current mortgage and refinance rates 

Program Mortgage Rate APR* Change
Conventional 30 year fixed
Conventional 30 year fixed 3.063% 3.063% Unchanged
Conventional 15 year fixed
Conventional 15 year fixed 3% 3% Unchanged
Conventional 5 year ARM
Conventional 5 year ARM 3% 2.743% Unchanged
30 year fixed FHA
30 year fixed FHA 2.25% 3.226% Unchanged
15 year fixed FHA
15 year fixed FHA 2.25% 3.191% Unchanged
5 year ARM FHA
5 year ARM FHA 2.5% 3.239% -0.01%
30 year fixed VA
30 year fixed VA 2.938% 3.115% -0.06%
15 year fixed VA
15 year fixed VA 2.25% 2.571% Unchanged
5 year ARM VA
5 year ARM VA 2.5% 2.419% -0.01%
Your rate might be different. Click here for a personalized rate quote. See our rate assumptions here.

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

Peter Warden
- 6 min read

Mortgage and refinance rates today, October 20, 2020

Today’s mortgage and refinance rates  Average mortgage rates held steady yesterday. And conventional loans today start at 3.063% (3.063% APR) for a 30-year, fixed-rate mortgage.  Markets drooped during yesterday as […]

Peter Warden
- 6 min read

Mortgage and refinance rates today, October 19, 2020

Today’s mortgage and refinance rates  Average mortgage rates inched higher last Friday, as we predicted. And conventional loans today start at 3.063% (3.063% APR) for a 30-year, fixed-rate mortgage.  Current […]

Peter Warden
- 6 min read

Mortgage and refinance rates today, October 16, 2020

Today’s mortgage and refinance rates  Average mortgage rates edged lower again yesterday. And conventional loans today start at 3.125% (3.125% APR) for a 30-year, fixed-rate mortgage.  Yesterday’s suggestion from Freddie […]

Peter Warden
- 17 min read

The best mortgage refinance companies for 2020

It pays to shop around when you refinance. Learn about the eight best mortgage refinance companies and find out which one’s right for you.

Peter Warden
- 6 min read

Mortgage and refinance rates today, October 15, 2020

Today’s mortgage and refinance rates  Average mortgage rates held steady yesterday, as the hours in markets unfolded much as we’d predicted. And conventional loans today start at 2.75% (2.75% APR) […]