Today's Mortgage Rates
Compare current mortgage rates and find the best loan option for your home purchase or refinance.
Last updated: January 19, 2026
30-Year Fixed
0.05%Most popular choice. Lower monthly payments spread over 30 years.
Calculate Payment15-Year Fixed
0.02%Build equity faster with higher payments but less total interest.
Calculate PaymentFHA 30-Year
0%Government-backed loan with lower down payment requirements.
Calculate PaymentAll Current Rates
| Loan Type | Interest Rate | APR | Weekly Change | |
|---|---|---|---|---|
| 30-Year Fixed Most popular choice. Lower monthly payments spread over 30 years. | 6.110% | 6.020% | Up 0.05% | Calculate |
| 15-Year Fixed Build equity faster with higher payments but less total interest. | 5.450% | 5.460% | Down 0.02% | Calculate |
| 20-Year Fixed Balance between 15 and 30-year terms. | 5.780% | 5.880% | Up 0.06% | Calculate |
| 5/1 ARM Fixed for 5 years, then adjusts annually. Good if you plan to move. | 6.540% | 6.580% | Up 0.04% | Calculate |
| 7/1 ARM Fixed for 7 years, then adjusts annually. | 5.750% | 6.150% | Up 0.03% | Calculate |
| FHA 30-Year Government-backed loan with lower down payment requirements. | 5.625% | 6.274% | No change 0% | Calculate |
| VA 30-Year For eligible veterans and service members. No down payment required. | 5.375% | 5.733% | Up 0.017% | Calculate |
| Jumbo 30-Year For loan amounts exceeding conforming limits ($832,750 in most areas). | 6.400% | 6.450% | Down 0.02% | Calculate |
What Affects Your Mortgage Rate?
Credit Score
Higher scores (740+) qualify for the best rates. Each tier below may add 0.25-0.5% to your rate.
Down Payment
Larger down payments (20%+) mean better rates and no PMI requirement.
Property Type
Primary residences get the best rates. Investment properties may be 0.5-0.75% higher.
Location
Rates vary by state due to regulations, competition, and local market conditions.
Loan Type Comparison
Fixed-Rate Mortgages
Your interest rate stays the same for the entire loan term, providing predictable monthly payments.
- Stable, predictable payments
- Protection from rate increases
- Best for long-term homeowners
- Higher initial rates than ARMs
Adjustable-Rate Mortgages (ARMs)
Lower initial rate that adjusts periodically after a fixed period (e.g., 5, 7, or 10 years).
- Lower initial rates
- Good if you plan to move or refinance
- Rate caps limit increases
- Payment uncertainty after fixed period
Government-Backed Loans
FHA, VA, and USDA loans offer more flexible qualification requirements and lower down payments.
- Lower down payment requirements
- More flexible credit requirements
- VA loans: no down payment, no PMI
- Mortgage insurance premiums (FHA)
Jumbo Loans
For loan amounts exceeding conforming limits. Require stronger finances and typically higher rates.
- Finance high-value properties
- Various term options available
- Higher credit score required (700+)
- Larger down payment (10-20%)
Ready to Calculate Your Payment?
Use our mortgage calculator to see how these rates translate into monthly payments for your target home price.
Rate Disclaimer
The mortgage rates shown are for informational purposes only and are based on national averages. Actual rates vary based on your credit score, down payment, loan amount, property type, and location. Rates change daily. Contact lenders directly for current rate quotes. APR includes estimated fees and points. This is not a loan offer or commitment to lend.