Current Rates

Today's Mortgage Rates

Reference rates for common loan types. Use these as a benchmark when running calculations and comparing lender offers.

Last Updated
January 15, 2024
Important: Rates shown are informational estimates only and do not represent a mortgage offer. Your actual rate will depend on your credit score, loan type, lender, location, and other factors. Request a free personalized quote.
Loan Type Interest Rate APR Points Notes
5/1 ARM 6.250% 7.150% 0.00 Rate adjusts after 5 years
10-Year Fixed 6.375% 6.510% 0.00 Lowest rate option
7/1 ARM 6.375% 7.050% 0.00 Rate adjusts after 7 years
15-Year Fixed 6.500% 6.620% 0.00 Best for aggressive payoff
30-Year VA 6.500% 6.610% 0.00 For eligible veterans & service members
15-Year Refinance 6.625% 6.740% 0.00 Popular refinance option
30-Year FHA 6.750% 7.810% 0.00 FHA-insured, lower down payment
20-Year Fixed 6.875% 6.975% 0.00 Lower rate, higher payment
30-Year Fixed 7.125% 7.210% 0.00 Most popular loan type
30-Year Refinance 7.250% 7.340% 0.00 Current refinance benchmark