Rates Updated Daily
Rates Updated Daily
Rates Updated: January 25, 2026

Mortgage Rates

Compare today\'s mortgage rates from top lenders and save thousands on your home loan. Access real-time rate data, expert forecasts, and personalized quotes—all in one place.

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Today\'s Average Mortgage Rates

30-Year Fixed

30-year fixed rate

6.625%

+0.125

15-Year Fixed

30-year fixed rate

5.875%

+0.125

5/1 ARM

30-year fixed rate

5.500%

0.000

FHA 30-Year

30-year fixed rate

6.125%

+0.125

View all mortgage rates →

Current Mortgage Rates Overview

Understanding today\'s mortgage rates landscape is crucial for making informed home financing decisions. Our real-time rate data helps you time your home purchase or refinance perfectly.

30-Year Fixed Rates

The most popular mortgage option offers stability with consistent monthly payments. Current 30-year fixed mortgage rates average between 6.5-7.0%, making homeownership accessible for many buyers.

6.625%Avg. Rate

15-Year Fixed Rates

Build equity faster with lower 15-year fixed mortgage rates. These loans typically offer 0.75-1.0% lower rates than 30-year terms, saving thousands in interest over the life of your loan.

5.875%Avg. Rate

Adjustable-Rate Mortgages

ARM mortgage rates start lower than fixed rates, offering initial savings. Ideal for buyers planning to move or refinance within 5-7 years. Current 5/1 ARM rates average around 5.5%.

5.500%Avg. Rate

Why Trust Us for Your Mortgage Rates Research

We\'ve helped over 250,000 homebuyers and homeowners find competitive mortgage rates. Our commitment to accuracy, transparency, and user education sets us apart in the mortgage industry.

Real-Time Mortgage Rates

Access live mortgage rates updated daily from top lenders. Our proprietary rate tracking system ensures you always see the most current mortgage rates available in the market, helping you make informed decisions about your home loan.

Unbiased Comparisons

Compare mortgage rates objectively without sales pressure. We provide transparent rate data from multiple lenders, empowering you to choose the best mortgage rates for your financial situation. No hidden fees, no surprises.

Expert Guidance

Our team of mortgage professionals with over 50 years combined experience helps you navigate complex mortgage rates. We break down jargon and explain how different rates impact your monthly payments and total loan cost.

Rate Lock Alerts

Never miss the perfect rate with our personalized mortgage rate monitoring. Set your target rate, and we'll notify you when mortgage rates hit your sweet spot. Timing your rate lock strategically can save thousands over the life of your loan.

Historical Rate Data

Access comprehensive mortgage rate history and trend analysis. Understanding past mortgage rate patterns helps you predict future movements and choose the optimal time to buy or refinance your home.

Instant Rate Quotes

Get personalized mortgage rate quotes in under 2 minutes. Our streamlined process connects you with lenders offering competitive rates tailored to your credit profile, down payment, and loan preferences.

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Understanding Mortgage Rates

Mortgage rates determine the cost of borrowing for your home purchase. Even a small rate difference can mean thousands in savings over the life of your loan.

Mortgage rates fluctuate daily based on various economic factors including inflation, Federal Reserve policy, bond market activity, and overall economic health. When you\'re shopping for mortgage rates, understanding these factors helps you time your rate lock strategically.

The difference between a 6.5% and 6.0% mortgage rate on a $400,000 30-year loan amounts to over $40,000 in interest savings. That\'s why comparing mortgage rates from multiple lenders is essential—we make it easy to see competitive rates side by side.

Your personal mortgage rate depends on several factors: credit score (740+ gets the best rates), down payment amount, loan type, debt-to-income ratio, and property location. Our tools help you understand how these factors affect your mortgage rates and what you can do to qualify for better terms.

Fixed mortgage rates provide payment stability—your principal and interest payment never changes. Adjustable mortgage rates (ARMs) start lower but can increase after the initial fixed period. Choosing between them depends on how long you plan to own the home and your tolerance for payment uncertainty.

Pro tip: Mortgage rates often move in anticipation of Federal Reserve actions, not just after Fed announcements. Our mortgage rate forecast analyzes these patterns to help you predict future rate movements.

Modern home representing mortgage rates and home financing

Find Your Perfect Mortgage Rate

Compare rates from 100+ lenders in minutes

Quick Rate Comparison

30-Year Fixed
6.625%
15-Year Fixed
5.875%
5/1 ARM
5.500%
FHA 30-Year
6.125%
VA 30-Year
5.875%
Jumbo 30-Year
6.875%
View all mortgage rates →

What Affects Your Mortgage Rate?

Understanding the factors that determine your mortgage rate helps you prepare for the home buying process and potentially qualify for better rates.

Credit Score

Scores above 740 qualify for the best mortgage rates. Each 20-point drop can increase your rate by 0.25-0.50%, costing thousands over your loan term.

Down Payment

20% down avoids PMI and often secures lower mortgage rates. Less than 20% down typically means higher rates plus private mortgage insurance costs.

Loan Type

FHA, VA, and conventional loans offer different mortgage rates. Government-backed loans often have lower rates but require mortgage insurance.

Loan Term

Shorter terms (15-year) have lower mortgage rates than 30-year loans. The trade-off is higher monthly payments but significant interest savings.

Ready to Find Your Perfect Mortgage Rate?

Join 250,000+ homebuyers who found competitive mortgage rates through our platform. Compare rates, calculate payments, and make confident home financing decisions.

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