Current Mortgage Rates October 2026 | As Low As 5.625%
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Bank & Credit Union Star Ratings
- Finance Calculators
Mortgage rates range from 4.19% to 7.38%, verified by MonitorBankRates as of October 2, 2026. Current 30-year fixed mortgage rates include Advance Financial Federal Credit Union31 W US Highway 30, East Chicago, IN, 46312A+5.0 ★Texas Ratio: 2.82% at 5.625%, Institution for Savings112 County Rd, Amesbury, MA, 01913A+5.0 ★Texas Ratio: 0.22% at 5.625%, Educational Employees Credit Union1070 E Teague Ave, Clovis, CA, 93230 4938A+5.0 ★Texas Ratio: 0.58% at 5.75%, Credit Union 1 Credit Union111 Lower Mill Bay Rd, Anchorage, AK, 99501 3411A+5.0 ★Texas Ratio: 5.15% at 5.625%, and Thrive Federal Credit Union2610 N Wheeling Ave, Muncie, IN, 47302 9405A+5.0 ★Texas Ratio: 5.88% at 5.75%. Mortgage rates as of October 2, 2026 according to verified data from MonitorBankRates.
We compared 6,962 mortgage rates from 1,171 banks and credit unions across all 50 states to help you find the best 30-year fixed, 15-year fixed, ARM, FHA, VA, and jumbo mortgage rates.
Finding the lowest mortgage rate can save you thousands over the life of your loan. Whether you are purchasing a home or refinancing, comparing current loan options across top-rated lenders and national banks is critical. We empower borrowers with transparent financial health metrics, including A-F Safety Grades, verified Star Ratings, and Texas Ratios, so you can choose a stable, highly-rated institution with confidence.
Mortgage Rates reflect actual verified offers from lenders actively lending to borrowers nationally. Your final approved rate will depend on your credit profile, loan-to-value ratio, and daily market movements. Last Updated and Verified: October 2, 2026
Compare Mortgage Rates Today Across the United States
30 Year Fixed Mortgage Rates
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Rates starting at
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- Oct 1, 20265.67%▲ from 5.55%
- Sep 15, 20265.55%first recorded
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Owner Occupied 1st Deed of Trust (Single Family or Approved/Eligible Condo); Based on a $100,000 loan for the specified term; Income limitations apply; Maximum term: 30 years
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Annual Percentage Rate
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without DPA
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Additional APR listed for this product: 5.979%.
As low as
As Low As
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- Sep 27, 20266.06%▲ from 5.68%
- Sep 15, 20265.68%first recorded
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Rate As Low As; Annual Percentage Rate (APR). Subject to change at any time, without notice. APR based on a $125,000 loan with 15 days of prepaid interest, $750 processing fee, $89 tax service fee, $20 tax transcript fee, and $11 flood determination fee to purchase a single family primary residence at an 80% Loan-to-Value (LTV) and a FICO Score of 740 or greater unless otherwise noted. Payment/$1,000 does not include amounts for taxes and insurance premiums. Rates advertised are the best currently available based on credit-worthiness, collateral value and income requirements. Other rates, terms and programs are available. Please contact our mortgage lending department at 508.754.9980 for complete details.
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- Sep 24, 20266.19%▲ from 5.73%
- Sep 16, 20265.73%first recorded
Up to 89% financing with no mortgage insurance required.
Rates include all possible discounts. Contact us to determine which discounts apply to you.
- Oct 2, 20266.24%▲ from 5.49%
- Sep 14, 20265.49%first recorded
10 year call
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- Oct 2, 20266.25%▲ from 5.90%
- Sep 14, 20265.90%first recorded
Conventional; Call Shannon at 816-324-1414 or Jessica at 816-279-5656. to help you with your mortgage loan!
As Low As
- Oct 2, 20266.25%▲ from 6.10%
- Oct 1, 20266.10%▼ from 6.35%
- Sep 18, 20266.35%first recorded
As low as 6.250%
Loan Amounts: Up To $250,000
Minimum loan amount is $100,000. Payments do not include property taxes or insurance. Your payment may be greater if the loan is secured by a first lien. Property insurance is required. Flood insurance may be required. All rates are subject to change without notice. Other restrictions may apply.
- Oct 1, 20266.27%▲ from 6.02%
- Sep 24, 20266.02%first recorded
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- Oct 1, 20266.27%▲ from 6.15%
- Sep 15, 20266.15%first recorded
APR = Annual Percentage Rate. APR shown is the lowest available rate. Rates depend on individual creditworthiness and are subject to change without notice.
Rates and Terms are subject to credit approval.
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Understanding Mortgage Rates in a Changing Economy September 22, 2025
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- Sep 18, 20266.37%▲ from 5.87%
- Sep 14, 20265.87%first recorded
Up to 1.0 points**
As Low As
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Loan amount not to exceed $499,999
- Sep 17, 20266.38%▲ from 5.91%
- Sep 14, 20265.91%first recorded
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Minimum loan amount of $75,000 for all loan products.
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- Oct 1, 20266.42%▲ from 6.17%
- Sep 20, 20266.17%▲ from 6.04%
- Sep 14, 20266.04%first recorded
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- Sep 24, 20266.43%▲ from 6.18%
- Sep 14, 20266.18%first recorded
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- Oct 1, 20266.43%▲ from 6.30%
- Sep 15, 20266.30%first recorded
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- Sep 24, 20266.47%▲ from 6.22%
- Sep 14, 20266.22%first recorded
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My Rate FL Average - 30 Yr Fixed: 6.901%
The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $200,000 and an estimated property value of $250,000. The property is located in Winston-Salem, NC and is within Forsyth county. The property is an existing single family home and will be used as a primary residence. Assuming that an escrow (impound) account is being established. The rate lock period is 30 days with an assumed credit score of 780. At a 6.400% interest rate, the APR for this loan type is 6.489%. The payment schedule would be: 359 payments of $1,251.01 at an interest rate of 6.400% 1 payment of $1,251.64 at an interest rate of 6.400% If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums. The interest rates, annual percentage rates (APRs), and fees are subject to change without notice.
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As low as
- Oct 2, 20266.50%▲ from 6.35%
- Sep 14, 20266.35%first recorded
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- Sep 27, 20266.50%▲ from 5.75%
- Sep 14, 20265.75%first recorded
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15 Year Fixed Mortgage Rates
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**THESE PROMOTIONAL RATES ARE AVAILABLE FOR A LIMITED TIME AS APPROVED BY THE CMC FEDERAL CREDIT UNION BOARD OF DIRECTORS**
As Low As; Max LTV: Up to 95%
As Low As
- Oct 2, 20265.50%▲ from 5.00%
- Oct 1, 20265.00%▼ from 5.25%
- Sep 18, 20265.25%first recorded
View rates page for full disclosure details.
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- Sep 27, 20265.55%▲ from 5.55%
- Sep 24, 20265.55%first recorded
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Up to 1.0 points**
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Rate As Low As; Annual Percentage Rate (APR). Subject to change at any time, without notice. APR based on a $125,000 loan with 15 days of prepaid interest, $750 processing fee, $89 tax service fee, $20 tax transcript fee, and $11 flood determination fee to purchase a single family primary residence at an 80% Loan-to-Value (LTV) and a FICO Score of 740 or greater unless otherwise noted. Payment/$1,000 does not include amounts for taxes and insurance premiums. Rates advertised are the best currently available based on credit-worthiness, collateral value and income requirements. Other rates, terms and programs are available. Please contact our mortgage lending department at 508.754.9980 for complete details.
No additional details available.
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- Oct 1, 20265.66%▲ from 5.40%
- Sep 16, 20265.40%first recorded
Terms and Conditions
- Oct 1, 20265.67%▲ from 5.17%
- Sep 15, 20265.17%first recorded
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- Oct 2, 20265.68%▲ from 5.43%
- Sep 18, 20265.43%first recorded
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Owner Occupied 1st Deed of Trust (Single Family or Approved/Eligible Condo); Based on a $100,000 loan for the specified term; Income limitations apply; Maximum term: 15 years
Loan amount not to exceed $499,999
- Sep 17, 20265.70%▲ from 5.32%
- Sep 14, 20265.32%first recorded
The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $200,000 and an estimated property value of $250,000. The property is located in Winston-Salem, NC and is within Forsyth county. The property is an existing single family home and will be used as a primary residence. Assuming that an escrow (impound) account is being established. The rate lock period is 30 days with an assumed credit score of 780. At a 5.525% interest rate, the APR for this loan type is 5.706%. The payment schedule would be: 179 payments of $1,636.82 at an interest rate of 5.525% 1 payment of $1,637.12 at an interest rate of 5.525% If an escrow account is required or requested, the actual monthly payment will also include amounts for real estate taxes and homeowner's insurance premiums. The interest rates, annual percentage rates (APRs), and fees are subject to change without notice.
The payment on a $112,500.00 loan for 15 years at an interest rate of 5.490% with a down payment of $37,500 (75% loan to value) is $918.62 monthly for 180 months. Payment does not include taxes and insurance premiums. The actual payment amount will be greater if taxes and insurance are escrowed. All loans are subject to credit approval. Rates subject to change.
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APR = Annual Percentage Rate. APR shown is the lowest available rate. Rates depend on individual creditworthiness and are subject to change without notice.
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- Oct 2, 20265.75%▲ from 5.40%
- Sep 14, 20265.40%first recorded
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Conventional; Call Shannon at 816-324-1414 or Jessica at 816-279-5656. to help you with your mortgage loan!
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First Mortgage - Primary Residence Only
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Loan to Value %: 80%
Rates and Terms are subject to credit approval.
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Add .25% for loans less than $100,000.
- Oct 1, 20265.92%▲ from 5.67%
- Sep 24, 20265.67%first recorded
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- Sep 27, 20265.94%▲ from 5.87%
- Sep 18, 20265.87%▲ from 5.36%
- Sep 14, 20265.36%first recorded
Minimum loan amount of $75,000 for all loan products.
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- Oct 1, 20265.95%▲ from 5.82%
- Sep 15, 20265.82%first recorded
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As low as
- Oct 2, 20266.00%▲ from 5.85%
- Sep 14, 20265.85%first recorded
NMLS ID 411386
As low as 6.000%
As low as; Terms & Conditions
Interest Rate as low as
- Oct 2, 20266.00%▲ from 5.87%
- Sep 25, 20265.87%▲ from 5.75%
- Sep 21, 20265.75%first recorded
Tier: A+; LTV: 90%
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Loan Amounts: Up To $250,000
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- Oct 2, 20266.00%▲ from 5.75%
- Sep 14, 20265.75%first recorded
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- Oct 1, 20266.00%▲ from 5.89%
- Sep 16, 20265.89%first recorded
Last updated 10/02/2026. For a $250,000.00 loan would result in a monthly payment of $2,076.03.
As low as
As low as 6.000%
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- Sep 27, 20266.02%▼ from 6.36%
- Sep 22, 20266.36%▲ from 6.19%
- Sep 14, 20266.19%first recorded
Term: 15 Year Fixed (or 180 monthly payments)
5/1 ARM Mortgage Rates
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As low as
As low as
- Oct 2, 20265.00%▲ from 4.75%
- Sep 17, 20264.75%first recorded
Adjustable Rate; As Low As
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with closing costs
- Sep 21, 20265.50%▲ from 5.25%
- Sep 14, 20265.25%first recorded
As Low As
- Sep 25, 20265.55%▲ from 5.30%
- Sep 14, 20265.30%first recorded
Loan to Value %: 80%
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Term: 5/1 year ARM (30 year payout); Up to 1.0 points**
Annual Cap: 2.00%; Lifetime Cap: 5.00%; Minimum Loan Amount is $20,000; Maximum Refinance Loan to Value is 90%; Maximum Purchase Money 95% LTV
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30-Year Jumbo Mortgage Rates
Available on deposits of $5,000,000 or more.
- Sep 21, 20264.28%▲ from 4.19%
- Sep 18, 20264.19%first recorded
Available on deposits of $5,000,000 or more.
- Sep 21, 20264.35%▲ from 4.26%
- Sep 18, 20264.26%first recorded
Available on deposits of $5,000,000 or more.
- Sep 21, 20264.47%▲ from 4.37%
- Sep 18, 20264.37%first recorded
Jumbo Mortgages (Greater than $832,750)
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Published APR range: As low as 5.641%; Published rate range: As low as 5.500%. Current Calculation of Rate Remaining Term: 6.625%
- Sep 25, 20265.64%▲ from 5.50%
- Sep 17, 20265.50%▼ from 5.64%
- Sep 14, 20265.64%first recorded
1st Deed of Trust (Jumbo Loans); Adjustable Rate Mortgage Loans: Owner Occupied
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No additional details available.
- Oct 2, 20265.88%▲ from 5.63%
- Sep 14, 20265.63%first recorded
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1st Deed of Trust (Jumbo Loans); Adjustable Rate Mortgage Loans: Owner Occupied
Up to 1.0 points**
1st Deed of Trust (Jumbo Loans); Adjustable Rate Mortgage Loans: Owner Occupied
Published APR range: As low as 6.168%; Published rate range: As low as 6.000%. Current Calculation of Rate Remaining Term: 6.625%
- Sep 25, 20266.17%▲ from 6.00%
- Sep 17, 20266.00%▼ from 6.17%
- Sep 14, 20266.17%first recorded
As Low As; Estimated Payment per $10,000: $111.02
- Oct 2, 20266.19%▲ from 5.94%
- Sep 20, 20265.94%▲ from 5.69%
- Sep 14, 20265.69%first recorded
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As low as; Estimated Payment per $10,000: $111.02
- Oct 2, 20266.25%▲ from 5.99%
- Sep 20, 20265.99%▲ from 5.74%
- Sep 14, 20265.74%first recorded
Up to 1.0 points**
No additional details available.
- Oct 2, 20266.38%▲ from 6.13%
- Sep 14, 20266.13%first recorded
$832,751-$2,000,000; Term: 5/6 SOFR - Jumbo Loan Amount $832,751-$2,000,000; Apply Now
$832,751-$2,000,000; Term: 5/6 SOFR - Jumbo Loan Amount $832,751-$2,000,000; Apply Now
No additional details available.
Minimum loan amount is $100,000. Payments do not include property taxes or insurance. Your payment may be greater if the loan is secured by a first lien. Property insurance is required. Flood insurance may be required. All rates are subject to change without notice. Other restrictions may apply.
- Oct 1, 20266.53%▲ from 6.29%
- Sep 24, 20266.29%first recorded
No additional details available.
Minimum Loan Amount: $832,751
- Oct 1, 20266.55%▲ from 6.18%
- Sep 24, 20266.18%first recorded
15-Year Jumbo Mortgage Rates
Available on deposits of $5,000,000 or more.
- Sep 21, 20264.28%▲ from 4.19%
- Sep 18, 20264.19%first recorded
Available on deposits of $5,000,000 or more.
- Sep 21, 20264.35%▲ from 4.26%
- Sep 18, 20264.26%first recorded
Available on deposits of $5,000,000 or more.
- Sep 21, 20264.47%▲ from 4.37%
- Sep 18, 20264.37%first recorded
Jumbo Mortgages (Greater than $832,750)
No additional details available.
Up to 1.0 points**
Published APR range: As low as 5.641%; Published rate range: As low as 5.500%. Current Calculation of Rate Remaining Term: 6.625%
- Sep 25, 20265.64%▲ from 5.50%
- Sep 17, 20265.50%▼ from 5.64%
- Sep 14, 20265.64%first recorded
1st Deed of Trust (Jumbo Loans); Adjustable Rate Mortgage Loans: Owner Occupied
No additional details available.
No additional details available.
- Oct 2, 20265.88%▲ from 5.63%
- Sep 14, 20265.63%first recorded
No additional details available.
Published APR range: As low as 5.904%. As low as; Rate 1 15 Years
- Sep 18, 20265.90%▲ from 5.75%
- Sep 14, 20265.75%first recorded
Last updated 10/02/2026. For a $832,750.00 loan would result in a monthly payment of $6,915.24.
No additional details available.
1st Deed of Trust (Jumbo Loans); Adjustable Rate Mortgage Loans: Owner Occupied
Up to 1.0 points**
1st Deed of Trust (Jumbo Loans); Adjustable Rate Mortgage Loans: Owner Occupied
No additional details available.
No additional details available.
- Oct 1, 20266.14%▲ from 6.00%
- Sep 24, 20266.00%first recorded
Published APR range: As low as 6.168%; Published rate range: As low as 6.000%. Current Calculation of Rate Remaining Term: 6.625%
- Sep 25, 20266.17%▲ from 6.00%
- Sep 17, 20266.00%▼ from 6.17%
- Sep 14, 20266.17%first recorded
Minimum loan amount is $100,000. Payments do not include property taxes or insurance. Your payment may be greater if the loan is secured by a first lien. Property insurance is required. Flood insurance may be required. All rates are subject to change without notice. Other restrictions may apply.
- Oct 1, 20266.17%▲ from 5.79%
- Sep 24, 20265.79%first recorded
As Low As; Estimated Payment per $10,000: $111.02
- Oct 2, 20266.19%▲ from 5.94%
- Sep 20, 20265.94%▲ from 5.69%
- Sep 14, 20265.69%first recorded
No additional details available.
No additional details available.
As low as; Estimated Payment per $10,000: $111.02
- Oct 2, 20266.25%▲ from 5.99%
- Sep 20, 20265.99%▲ from 5.74%
- Sep 14, 20265.74%first recorded
Up to 1.0 points**
No additional details available.
- Oct 2, 20266.38%▲ from 6.13%
- Sep 14, 20266.13%first recorded
$832,751-$2,000,000; Term: 5/6 SOFR - Jumbo Loan Amount $832,751-$2,000,000; Apply Now
As Low As; Estimated Payment per $10,000: $85.74
- Oct 2, 20266.47%▲ from 6.22%
- Sep 20, 20266.22%▲ from 5.96%
- Sep 14, 20265.96%first recorded
$832,751-$2,000,000; Term: 5/6 SOFR - Jumbo Loan Amount $832,751-$2,000,000; Apply Now
No additional details available.
No additional details available.
- Sep 25, 20266.51%▲ from 6.39%
- Sep 16, 20266.39%first recorded
As low as; Estimated Payment per $10,000: $85.74
- Oct 2, 20266.51%▲ from 6.26%
- Sep 20, 20266.26%▲ from 6.00%
- Sep 14, 20266.00%first recorded
No additional details available.
- Oct 2, 20266.51%▲ from 6.40%
- Sep 16, 20266.40%first recorded
No additional details available.
- Sep 27, 20266.52%▲ from 6.39%
- Sep 24, 20266.39%▲ from 6.27%
- Sep 24, 20266.27%first recorded
No additional details available.
- Oct 2, 20266.53%▲ from 6.40%
- Sep 27, 20266.40%▲ from 6.15%
- Sep 18, 20266.15%▲ from 5.78%
- Sep 14, 20265.78%first recorded
Minimum loan amount is $100,000. Payments do not include property taxes or insurance. Your payment may be greater if the loan is secured by a first lien. Property insurance is required. Flood insurance may be required. All rates are subject to change without notice. Other restrictions may apply.
- Oct 1, 20266.53%▲ from 6.29%
- Sep 24, 20266.29%first recorded
No additional details available.
Minimum Loan Amount: $832,751
- Oct 1, 20266.55%▲ from 6.18%
- Sep 24, 20266.18%first recorded
No additional details available.
- Sep 25, 20266.57%▲ from 6.39%
- Sep 16, 20266.39%first recorded
No additional details available.
- Oct 2, 20266.58%▲ from 6.40%
- Sep 16, 20266.40%first recorded
Rate Lock: 60 Day
5/1 Jumbo ARM Mortgage Rates
Published APR range: As low as 5.641%; Published rate range: As low as 5.500%. Current Calculation of Rate Remaining Term: 6.625%
- Sep 25, 20265.64%▲ from 5.50%
- Sep 17, 20265.50%▼ from 5.64%
- Sep 14, 20265.64%first recorded
No additional details available.
Term: 30-year fixed-rate loan; Promotional Rate. Payment assumptions: 720 FICO score, primary residence, 80% LTV/CLTV, and a 1-unit single-family residence. Jumbo: $900,000 loan amount with estimated closing costs of $18,800.00 and an initial promotional interest rate of 5.500% (5.688% APR), fixed for the first five years. The estimated monthly principal and interest payment is $5,110.10. This payment does not include impounds for property taxes or insurance.
Published APR range: As low as 5.904%. As low as; Rate 1 15 Years
- Sep 18, 20265.90%▲ from 5.75%
- Sep 14, 20265.75%first recorded
1st Deed of Trust (Jumbo Loans); Adjustable Rate Mortgage Loans: Owner Occupied
Margin: 2.500%; Caps: 2/2/6
- Oct 1, 20266.02%▼ from 6.27%
- Sep 27, 20266.27%first recorded
As Low As; Your interest rate and payment are subject to change (up or down) every five years for the remaining loan term.
As Low As; Estimated Payment per $10,000: $59.96
- Oct 2, 20266.04%▲ from 5.79%
- Sep 20, 20265.79%▲ from 5.54%
- Sep 14, 20265.54%first recorded
No additional details available.
- Sep 29, 20266.13%▲ from 5.88%
- Sep 22, 20265.88%▲ from 5.68%
- Sep 14, 20265.68%first recorded
Margin: 2.375%; Caps: 2/2/5
- Oct 1, 20266.15%▼ from 6.40%
- Sep 27, 20266.40%first recorded
Published APR range: As low as 6.168%; Published rate range: As low as 6.000%. Current Calculation of Rate Remaining Term: 6.625%
- Sep 25, 20266.17%▲ from 6.00%
- Sep 17, 20266.00%▼ from 6.17%
- Sep 14, 20266.17%first recorded
The information provided assumes the purpose of the loan is to purchase a property, with a loan amount of $850,000 and an estimated property value of $1,062,500. The property is an existing single-family home and will be used as a primary residence. The rate lock period is 60 days and the assumed credit score is 780.
- Oct 2, 20266.56%▲ from 6.51%
- Sep 25, 20266.51%first recorded
Amount: $832,751 to $2,500,000
- Oct 2, 20266.57%▲ from 6.49%
- Sep 27, 20266.49%▲ from 6.32%
- Sep 18, 20266.32%▲ from 6.24%
- Sep 14, 20266.24%first recorded
No additional details available.
- Sep 25, 20266.58%▲ from 6.20%
- Sep 17, 20266.20%▲ from 6.18%
- Sep 14, 20266.18%first recorded
No additional details available.
- Oct 2, 20266.60%▼ from 6.67%
- Oct 1, 20266.67%▲ from 6.60%
- Sep 18, 20266.60%first recorded
Amount: $832,751 to $2,500,000
- Oct 2, 20266.62%▲ from 6.49%
- Sep 27, 20266.49%▲ from 6.32%
- Sep 18, 20266.32%▲ from 6.24%
- Sep 14, 20266.24%first recorded
FHA Loan Rates
No additional details available.
No additional details available.
- Oct 2, 20265.96%▲ from 5.79%
- Sep 25, 20265.79%▲ from 5.73%
- Sep 21, 20265.73%▲ from 5.36%
- Sep 14, 20265.36%first recorded
No additional details available.
No additional details available.
- Oct 2, 20266.35%▲ from 6.23%
- Sep 25, 20266.23%▲ from 5.72%
- Sep 14, 20265.72%first recorded
No additional details available.
No additional details available.
- Oct 2, 20266.42%▲ from 6.07%
- Sep 25, 20266.07%▲ from 6.04%
- Sep 21, 20266.04%▲ from 5.97%
- Sep 14, 20265.97%first recorded
No additional details available.
- Sep 27, 20266.62%▼ from 6.65%
- Sep 15, 20266.65%first recorded
No additional details available.
No additional details available.
No additional details available.
- Oct 2, 20266.79%▲ from 6.69%
- Sep 25, 20266.69%▲ from 6.52%
- Sep 16, 20266.52%first recorded
Loan Amount Example: $300,000.00; Monthly Payment Example: $2,633.98
- Oct 2, 20266.84%▼ from 6.92%
- Sep 14, 20266.92%first recorded
No additional details available.
- Oct 2, 20266.84%▼ from 6.92%
- Sep 14, 20266.92%first recorded
No additional details available.
- Sep 25, 20266.85%▲ from 6.34%
- Sep 14, 20266.34%first recorded
No additional details available.
- Oct 2, 20266.88%▼ from 7.00%
- Sep 29, 20267.00%▲ from 6.88%
- Sep 25, 20266.88%▼ from 7.55%
- Sep 18, 20267.55%first recorded
As low as; Loan rates based on individual credit score and credit union relationship.
Government - An owner occupied $437,500 purchase with a $350,000 loan amount, credit score of 740 locked for 30 days.
As Low As
No additional details available.
- Sep 27, 20267.08%▲ from 6.58%
- Sep 18, 20266.58%▲ from 6.32%
- Sep 14, 20266.32%first recorded
No additional details available.
- Sep 27, 20267.08%▲ from 6.58%
- Sep 18, 20266.58%▲ from 6.32%
- Sep 14, 20266.32%first recorded
Additional APR listed for this product: 7.193%.
Rates are subject to change without notice.
- Sep 29, 20267.10%▲ from 6.48%
- Sep 14, 20266.48%first recorded
Fixed
- Oct 2, 20267.13%▲ from 6.88%
- Sep 25, 20266.88%▲ from 6.75%
- Sep 20, 20266.75%▲ from 6.49%
- Sep 12, 20266.49%first recorded
No additional details available.
- Oct 1, 20267.14%▲ from 6.76%
- Sep 24, 20266.76%first recorded
No additional details available.
- Oct 2, 20267.14%▼ from 7.22%
- Sep 29, 20267.22%▲ from 7.16%
- Sep 25, 20267.16%▲ from 6.88%
- Sep 21, 20266.88%▲ from 6.76%
No additional details available.
- Oct 1, 20267.14%▲ from 6.64%
- Sep 15, 20266.64%first recorded
No additional details available.
No additional details available.
Minimum loan amount of $75,000 for all loan products.
As low as Rates
No additional details available.
- Sep 29, 20267.19%▲ from 7.14%
- Sep 25, 20267.14%▲ from 7.01%
- Sep 17, 20267.01%▼ from 19.99%
- Sep 14, 202619.99%first recorded
No additional details available.
No additional details available.
- Oct 1, 20267.22%▲ from 6.80%
- Sep 22, 20266.80%▲ from 6.71%
- Sep 14, 20266.71%first recorded
For example, an FHA loan with 30 year term for a loan amount of $361,875, the interest rate of 7.125%, with an APR of 7.226%, would result in an estimated monthly principal and interest payment of $2,438.02. This example does not include mortgage insurance premiums, taxes, insurance, or escrow amounts; your actual payment obligation may be greater.
96.5% LTV
No additional details available.
- Sep 18, 20267.23%▲ from 6.71%
- Sep 14, 20266.71%first recorded
No additional details available.
- Oct 2, 20267.25%▲ from 6.38%
- Sep 14, 20266.38%first recorded
The annual percentage rates (APRs) for the 30 Year Fixed, 15 Year Fixed, and 5 year adjustable rate loans are calculated based on the mortgage no cash-out refinance of a single family, owner occupied residence with a loan-to-value (LTV) of 75%, a loan amount of $412,500.00, and a property located in Multnomah County, Oregon. The APR includes the approximate cost of prepaid finance charges, including 15 days of prepaid interest, a $795.00 origination fee, and any applicable points associated with the interest rate. Actual APRs for individual loans may differ. All loan applications are subject to credit and property approval. The payments shown include only principal and interest. Certain loan products may require an escrow account for property taxes and insurance which will be added to the monthly payment amount. These mortgage rates are based upon a variety of assumptions and conditions, some of which may include a credit score of 780 or higher. Your loan's interest rate will depend on specific characteristics of your transaction and your credit profile up to the time of closing. Adjustable rate mortgage (ARM) interest rates and payments are subject to change during the loan term. That change can increase or decrease your monthly payment. If your equity is less than 20% mortgage insurance may be required, which will increase the monthly payment and APR. Assumes no other loans or liens on subject property. Property and/or flood hazard insurance may be required. Maximum loan limits may apply. Additional rates and programs are available. Interest rates and APRs are subject to change without notice.
- Oct 2, 20267.25%▲ from 6.87%
- Sep 18, 20266.87%▲ from 6.74%
- Sep 14, 20266.74%first recorded
As low as Rates
No additional details available.
- Sep 18, 20267.25%▲ from 6.90%
- Sep 14, 20266.90%first recorded
No additional details available.
- Sep 29, 20267.26%▲ from 7.14%
- Sep 25, 20267.14%▲ from 7.01%
- Sep 17, 20267.01%▼ from 19.99%
- Sep 14, 202619.99%first recorded
No additional details available.
- Oct 2, 20267.29%▲ from 7.17%
- Oct 1, 20267.17%▼ from 7.20%
- Sep 27, 20267.20%▲ from 6.76%
- Sep 22, 20266.76%▲ from 6.66%
No additional details available.
No additional details available.
No additional details available.
No additional details available.
- Oct 2, 20267.35%▲ from 7.30%
- Sep 30, 20267.30%first recorded
No additional details available.
- Oct 2, 20267.36%▼ from 7.38%
- Oct 1, 20267.38%▲ from 7.30%
- Sep 27, 20267.30%▲ from 7.21%
- Sep 22, 20267.21%▼ from 7.32%
As Low As; Estimated Payment per $10,000: $86.43
- Oct 2, 20267.36%▲ from 7.11%
- Sep 25, 20267.11%▲ from 6.72%
- Sep 20, 20266.72%▲ from 6.60%
- Sep 14, 20266.60%first recorded
No additional details available.
The information provided is for a 15-year FHA mortgage and assumes the purpose of the loan is to purchase a property, with a loan amount of $441,849.00 and an estimated property value of $450,000.00. The property is located in Utah and is within Salt Lake County. The property is an existing single-family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 30 days and the assumed credit score is 740. At a 6.500% interest rate, the fixed APR for this loan type is 7.375%. The monthly payment would be: 179 payments of $3,991.06 at an interest rate of 6.500% 1 payment of $3,856.80 at an interest rate of 6.500%. The monthly payment amount displayed includes principal, interest and mortgage insurance. The payment does not include homeowner's insurance or property taxes which must be paid in addition to your loan. Actual APR based on creditworthiness.
- Sep 21, 20267.38%▲ from 7.00%
- Sep 14, 20267.00%first recorded
No additional details available.
- Sep 19, 20267.38%▲ from 7.15%
- Sep 15, 20267.15%first recorded
As Low As; Subject to credit approval. Rates, terms, and information are subject to change at any time. Rates offered are dependent on credit score at application. Rates are locked for 60 days. Loans with less than 20% down payment will require private mortgage insurance. NMLS 595144
- Oct 2, 20267.39%▲ from 6.88%
- Sep 21, 20266.88%first recorded
No additional details available.
- Oct 1, 20267.40%▲ from 6.89%
- Sep 15, 20266.89%first recorded
Loan Amount Example: $300,000.00; Monthly Payment Example: $2,393.90
- Oct 2, 20267.41%▲ from 7.31%
- Sep 14, 20267.31%first recorded
No additional details available.
- Oct 2, 20267.41%▲ from 7.31%
- Sep 14, 20267.31%first recorded
Loan Amount Example: $300,000.00; Monthly Payment Example: $2,072.03
- Oct 2, 20267.42%▲ from 7.32%
- Sep 14, 20267.32%first recorded
Origination Fee: $1595
No additional details available.
No additional details available.
- Oct 2, 20267.44%▲ from 6.95%
- Sep 14, 20266.95%first recorded
No additional details available.
VA Loan Rates
No additional details available.
- Oct 2, 20265.50%▲ from 5.15%
- Sep 14, 20265.15%first recorded
No additional details available.
- Oct 2, 20265.75%▲ from 5.40%
- Sep 14, 20265.40%first recorded
No additional details available.
No additional details available.
- Oct 2, 20266.00%▲ from 5.65%
- Sep 14, 20265.65%first recorded
No additional details available.
No additional details available.
- Oct 2, 20266.25%▲ from 5.90%
- Sep 14, 20265.90%first recorded
Origination Fee: 0%
- Oct 2, 20266.25%▼ from 6.38%
- Oct 1, 20266.38%▲ from 6.25%
- Sep 27, 20266.25%▲ from 6.17%
- Sep 14, 20266.17%first recorded
As Low As
- Oct 2, 20266.49%▼ from 6.51%
- Sep 25, 20266.51%▲ from 6.25%
- Sep 20, 20266.25%first recorded
No additional details available.
No down payment required. $1,600 closing costs. Minimum credit score 620. Certificate of Eligibility required. APR calculated on loan amount of $100,000. Rates are subject to change. Rates are not guaranteed until a formal lock is processed. No down payment required.
- Oct 2, 20266.59%▲ from 6.46%
- Oct 1, 20266.46%▲ from 6.21%
- Sep 18, 20266.21%▲ from 6.08%
- Sep 14, 20266.08%first recorded
No additional details available.
No additional details available.
- Sep 27, 20266.62%▼ from 6.65%
- Sep 15, 20266.65%first recorded
No additional details available.
No additional details available.
No additional details available.
- Oct 2, 20266.67%▼ from 7.18%
- Sep 22, 20267.18%▲ from 6.80%
- Sep 18, 20266.80%first recorded
No additional details available.
100% LTV
No additional details available.
- Sep 25, 20266.69%▲ from 6.39%
- Sep 17, 20266.39%▲ from 6.26%
- Sep 14, 20266.26%first recorded
No additional details available.
Max LTV: 100%
No additional details available.
- Sep 18, 20266.79%▲ from 6.41%
- Sep 14, 20266.41%first recorded
No additional details available.
Term: 5/6 ARM Jumbo 30-Year Variable
- Oct 2, 20266.80%▲ from 6.75%
- Sep 29, 20266.75%▲ from 6.70%
- Sep 25, 20266.70%▲ from 6.53%
- Sep 18, 20266.53%first recorded
No additional details available.
- Sep 25, 20266.82%▲ from 6.51%
- Sep 17, 20266.51%▲ from 6.39%
- Sep 14, 20266.39%first recorded
No additional details available.
- Oct 2, 20266.84%▲ from 6.20%
- Sep 14, 20266.20%first recorded
Term: 5/6 ARM 30-Year Variable
- Oct 2, 20266.84%▲ from 6.79%
- Sep 29, 20266.79%▲ from 6.74%
- Sep 25, 20266.74%▲ from 6.57%
- Sep 18, 20266.57%first recorded
No additional details available.
- Sep 18, 20266.87%▲ from 6.63%
- Sep 14, 20266.63%first recorded
Term: 7/6 ARM Jumbo 30-Year Variable
- Oct 2, 20266.88%▲ from 6.80%
- Sep 29, 20266.80%▲ from 6.74%
- Sep 25, 20266.74%▲ from 6.55%
- Sep 18, 20266.55%first recorded
As Low As
No additional details available.
Term: 7/6 ARM 30-Year Variable
- Oct 2, 20266.91%▲ from 6.84%
- Sep 29, 20266.84%▲ from 6.78%
- Sep 25, 20266.78%▲ from 6.59%
- Sep 18, 20266.59%first recorded
No down payment required. $1,600 closing costs. Minimum credit score 620. Certificate of Eligibility required. APR calculated on loan amount of $100,000. Rates are subject to change. Rates are not guaranteed until a formal lock is processed. No down payment required.
- Oct 2, 20266.93%▲ from 6.80%
- Oct 1, 20266.80%▲ from 6.55%
- Sep 18, 20266.55%▲ from 6.43%
- Sep 14, 20266.43%first recorded
No additional details available.
No additional details available.
As Low As
Rates unchanged since October 1, 2026. Actual rate may be higher based on credit history, occupancy, LTV and loan type. No discount points. The rates provided assume the purpose of the loan is to purchase a single family residence that will be used as a primary residence.
- Oct 1, 20267.00%▲ from 6.50%
- Sep 24, 20266.50%▲ from 6.00%
- Sep 15, 20266.00%first recorded
Course of Construction Insurance is required. Ask your loan originator what other qualifications apply. All rates are subject to change without notice. Adjustable APRs may increase or decrease after loan consummation, with a maximum APR of 18%.
No additional details available.
Origination Fee: 0%
- Oct 2, 20267.02%▼ from 7.15%
- Oct 1, 20267.15%▲ from 7.02%
- Sep 27, 20267.02%▲ from 6.51%
- Sep 14, 20266.51%first recorded
Max LTV: 100%
Term: VA 30 Year Fixed - Conforming
- Sep 25, 20267.03%▲ from 6.93%
- Sep 17, 20266.93%▲ from 6.89%
- Sep 14, 20266.89%first recorded
No additional details available.
- Oct 2, 20267.04%▼ from 7.05%
- Sep 29, 20267.05%▲ from 7.04%
- Sep 25, 20267.04%▲ from 6.79%
- Sep 21, 20266.79%▲ from 6.66%
As Low As; VA Mortgage
- Oct 2, 20267.05%▲ from 6.79%
- Sep 25, 20266.79%▲ from 6.41%
- Sep 20, 20266.41%▲ from 6.28%
- Sep 14, 20266.28%first recorded
No additional details available.
- Oct 2, 20267.05%▼ from 7.56%
- Sep 27, 20267.56%▲ from 7.05%
- Sep 22, 20267.05%▲ from 6.92%
- Sep 18, 20266.92%first recorded
The information provided is for a 30-year VA mortgage and assumes the purpose of the loan is to purchase a property, with a loan amount of $459,675.00 and an estimated property value of $450,000.00. The property is located in Utah and is within Salt Lake County. The property is an existing single-family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 30 days and the assumed credit score is 740. At a 6.750% interest rate, the fixed APR for this loan type is 7.061%. The monthly payment would be: 359 payments of $2,981.44 at an interest rate of 6.750% 1 payment of $2,985.34 at an interest rate of 6.750%. The monthly payment amount displayed includes principal and interest. The payment does not include homeowner's insurance or property taxes which must be paid in addition to your loan. Actual APR based on creditworthiness.
- Oct 2, 20267.06%▼ from 7.19%
- Sep 25, 20267.19%▲ from 6.81%
- Sep 14, 20266.81%first recorded
Rates are subject to change without notice.
- Sep 29, 20267.10%▲ from 6.85%
- Sep 25, 20266.85%▲ from 6.48%
- Sep 14, 20266.48%first recorded
No additional details available.
- Sep 29, 20267.11%▲ from 6.74%
- Sep 18, 20266.74%▲ from 6.49%
- Sep 14, 20266.49%first recorded
Down Payment: 0.00%; Loan Amount: $250,000.00; LTV: 100.00%
- Sep 29, 20267.12%▲ from 6.87%
- Sep 21, 20266.87%▲ from 6.74%
- Sep 18, 20266.74%▲ from 6.49%
- Sep 14, 20266.49%first recorded
The information provided is for a 15-year VA mortgage and assumes the purpose of the loan is to purchase a property, with a loan amount of $459,675.00 and an estimated property value of $450,000.00. The property is located in Utah and is within Salt Lake County. The property is an existing single-family home and will be used as a primary residence. An escrow (impound) account is required. The rate lock period is 30 days and the assumed credit score is 740. At a 6.625% interest rate, the fixed APR for this loan type is 7.130%. The monthly payment would be: 179 payments of $4,035.92 at an interest rate of 6.625% 1 payment of $4,035.25 at an interest rate of 6.625%. The monthly payment amount displayed includes principal and interest. The payment does not include homeowner's insurance or property taxes which must be paid in addition to your loan. Actual APR based on creditworthiness.
- Sep 17, 20267.13%▲ from 7.00%
- Sep 14, 20267.00%first recorded
No additional details available.
- Oct 2, 20267.14%▲ from 7.12%
- Oct 1, 20267.12%▼ from 7.13%
- Sep 27, 20267.13%▲ from 6.65%
- Sep 22, 20266.65%▼ from 6.65%
No additional details available.
- Oct 2, 20267.15%▲ from 7.07%
- Sep 30, 20267.07%first recorded
No additional details available.
No additional details available.
As low as Rates
As low as Rates
As low as Rates
- Oct 1, 20267.18%▲ from 7.00%
- Sep 14, 20267.00%first recorded
No additional details available.
- Oct 2, 20267.19%▲ from 7.13%
- Sep 25, 20267.13%▲ from 6.76%
- Sep 17, 20266.76%▲ from 6.63%
- Sep 14, 20266.63%first recorded
No additional details available.
- Oct 2, 20267.19%▲ from 7.07%
- Sep 30, 20267.07%first recorded
No additional details available.
- Oct 2, 20267.20%▼ from 7.24%
- Oct 1, 20267.24%▲ from 7.14%
- Sep 27, 20267.14%▲ from 7.06%
- Sep 18, 20267.06%▲ from 6.41%
No additional details available.
Banks and Credit Unions: If you need to update your rate data or request removal from MonitorBankRates.com, please contact us here.
National Mortgage Rate Trends
Daily mortgage rate averages tracked across our database of verified mortgage rate quotes, updated every evening.
The national 30-year fixed average mortgage rate rose 0.055 points this week to 7.280%, according to MonitorBankRates trend data.
The national 15-year fixed average mortgage rate rose 0.041 points this week to 6.801%, according to MonitorBankRates trend data.
National Mortgage Rate Forecast, Next 12 Months
Where are U.S. mortgage rates headed through October 2027?
Based on Fed funds rate futures, 10-year Treasury yield path, and historical mortgage spread model. Not financial advice.
What Forecast Rates Mean for U.S. Home Buyers
Monthly principal & interest on U.S. median home of $303,400 with 20% down, 30-year fixed (U.S. Census Bureau)
| Scenario | Rate | Mo. Payment | vs. Today | % of Income |
|---|---|---|---|---|
| Today (National avg) | 7.280% | $1,661 | — | 24.7% |
| 6-Month Forecast | 7.280% (6.93–7.58%) | $1,661 | +$0/mo | 24.7% |
| 12-Month Forecast | 7.530% (7.18–7.83%) | $1,702 | +$41/mo | 25.3% |
Income column = annual mortgage payment as % of U.S. median household income ($80,734). Above 30% is generally considered cost-burdened.
MonitorBankRates Housing Affordability Index (MBR-HAI)
A daily-updated composite score measuring how affordable homeownership is nationally. Compiled by MonitorBankRates using housing and income indicators from the U.S. Census Bureau.
What the Score Measures
The MBR-HAI answers a single question: how affordable is homeownership today, relative to the national baseline? Scores update each morning, computed from rate data captured the previous night. The index reflects current homeownership conditions across all 50 states, not estimated rates, not rate sheet averages, and not survey data.
Today's national score of 97.3 reflects current homeownership conditions across the country. The score is positioned against a long-run baseline so readers can quickly gauge whether conditions are more or less affordable than the historical norm.
Scores update each morning, computed from rate data captured the previous night. Compiled by MonitorBankRates using housing and income indicators from the U.S. Census Bureau. Full methodology
How Mortgage Rates Impact Home Affordability in the U.S.
National Housing Market Overview
The median owner-occupied home value in the United States is approximately $303,400, according to the U.S. Census Bureau. The 2026 FHFA conforming loan limit is $832,750 for most counties, with higher limits in designated high-cost areas.
National Homeownership Rate
Monthly Payment Estimates for U.S. Home Buyers
Based on a 20% down payment on the national median home value, a $240,000 loan at current national average rates:
| Interest Rate | Loan Term | Monthly Payment | Total Interest Paid |
|---|---|---|---|
| 6.780% | 30-year fixed | $1,561 | $322,113 |
| 7.280% Current Avg | 30-year fixed | $1,642 | $351,159 |
| 7.780% | 30-year fixed | $1,724 | $380,772 |
| 6.801% | 15-year fixed | $2,131 | $143,503 |
A 0.500% rate increase on a $240,000 loan adds roughly $82 per month and over $29,613 in total interest over 30 years. That’s why comparing verified rates from multiple lenders, using the table above, is one of the most impactful financial decisions a home buyer can make.
Compiled by MonitorBankRates using data from the U.S. Census Bureau and the Federal Housing Finance Agency. Monthly payments shown are principal & interest only.
U.S. Income & Housing Affordability
At a price-to-income ratio of 3.8x, the national housing market reflects moderate affordability pressure across most regions, though that average masks significant variation between high-cost coastal markets and more affordable interior metros.
What This Means for U.S. Buyers
With a national median household income of $80,734 per year ($6,728/month) and a median home value of approximately $303,400, a typical buyer financing at 80% LTV at current average rates would spend roughly 24.4% of gross monthly income on principal and interest alone. that falls within a manageable range, though taxes, insurance, and PMI will add to the true monthly cost.
Compiled by MonitorBankRates using data from the U.S. Census Bureau. Payment estimate assumes 80% LTV at current average rate; principal and interest only.
Full Cost of Homeownership in the U.S.
A mortgage payment is only part of what homeowners pay each month. Property taxes, insurance, and utilities add hundreds of dollars more, and the gap between owning and renting varies dramatically depending on where you live.
Owner vs. Renter Costs
Housing Cost Burden
Nationally, 28% of mortgage holders spend more than 30% of gross household income on housing, the federal threshold for “cost burdened.” For renters, that figure is 47.6%. Nearly one in four renters (24.1%) are severely cost burdened, spending 50% or more of income on rent alone.
These national averages mask significant geographic variation. In high-cost metros like Los Angeles, San Francisco, and New York, owner cost burden rates exceed 40-45%, well above the national norm. In lower-cost markets across the Midwest and South, the same income goes substantially further. Use the state and city pages to see how your specific market compares.
Compiled by MonitorBankRates using data from the U.S. Census Bureau.
Mortgage Payment Calculator
See your estimated monthly principal & interest payment at today’s rates. The home price is prefilled with the U.S. median home value. Adjust anything, or click a current national rate on the right to apply that loan type’s rate and term instantly.
Principal & interest only, excludes property taxes, homeowners insurance, PMI, and HOA dues. See the Full Cost of Homeownership section above for those figures. Estimates are for informational purposes only.
Run the Numbers on Your Home Loan
Rates are only part of the equation. Use these calculators to translate current national mortgage rates into real numbers for your specific situation, before you talk to a lender.
Enter your loan amount, interest rate, and term length to see your estimated monthly principal and interest payment. Adjust any variable to model different scenarios: a larger down payment, a shorter term, or a rate a quarter-point lower than what you were quoted.
CalculateTell us your gross income, monthly debt obligations, and how much you have for a down payment. We’ll show you the home price range you’re likely to qualify for at current rates, so you can shop with a realistic number in mind rather than discovering your ceiling after you’ve fallen in love with a property.
CalculateEnter your current rate, remaining balance, and the rate you’ve been quoted to refinance. The calculator shows your new monthly payment, monthly savings, and the break-even point, the number of months it takes for your savings to cover closing costs.
CalculateBuying isn’t always the better financial decision. This calculator weighs the full cost of each path: mortgage payments, taxes, insurance, and maintenance against rent increases and the opportunity cost of a down payment, to show which option builds more wealth over your time horizon.
CalculateTypes of Mortgages Available Nationwide
Not every loan program is right for every buyer. Rates, down payment requirements, eligibility rules, and long-term costs vary significantly. Understanding the differences before you compare lenders can save thousands over the life of your loan.
Fixed-Rate Mortgage
A fixed-rate mortgage locks your interest rate in for the entire loan term. Your principal and interest payment on day one is identical to payment 360. That predictability is valuable for long-term financial planning, especially with current rates where locking in could protect against future increases.
Available in 10-, 15-, 20-, and 30-year terms. The 30-year minimizes monthly payments; the 15-year cuts total interest paid dramatically. The payment comparison table above shows exactly how those trade-offs look at today’s national rate levels.
Adjustable-Rate Mortgage (ARM)
An ARM offers a fixed introductory rate for an initial period, commonly 5, 7, or 10 years, after which the rate adjusts periodically based on a market index. The starting rate is typically lower than a comparable fixed-rate loan.
ARMs work best when you have a defined exit timeline. Rate caps govern how much the rate can move at each adjustment and over the life of the loan, so review those terms closely before committing.
FHA Loan
Backed by the Federal Housing Administration, FHA loans are built for buyers who don’t yet meet conventional loan standards. You can qualify with a credit score of 580 and just 3.5% down, and some lenders will consider scores as low as 500 with a 10% down payment.
FHA loans carry an upfront MIP of 1.75% of the loan amount plus an annual MIP of 0.15%–0.75% depending on term and LTV. For many first-time buyers, FHA is the fastest path to ownership.
VA Loan
Available to eligible active-duty service members, veterans, reservists, National Guard members, and qualifying surviving spouses. No down payment is required, there is no monthly mortgage insurance, and rates are generally competitive with, and often better than, conventional loan rates.
A one-time funding fee applies, 2.15% for first-time VA borrowers with no down payment, which can be financed into the loan.
Jumbo Loan
The 2026 FHFA conforming loan limit is $832,750 for most counties. Any mortgage above that threshold is a jumbo loan, falling outside Fannie Mae and Freddie Mac guidelines, meaning lenders carry the full risk and price it accordingly.
Jumbo underwriting is stricter: lenders typically require a credit score of 700+, substantial cash reserves, and a down payment of at least 10–20%. Rates may run slightly above conforming levels, though the gap narrows in competitive lending environments.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our nationwide mortgage rate tables are free for consumers to use, and we do not receive payment from any lender to be included or to be ranked in any particular order. Listings are based solely on the rates each lender publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Mortgage Rate Data: We aggregate mortgage and refinance rates nationwide directly from the official websites of lenders, banks, and credit unions using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every rate displayed on MonitorBankRates.com is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available home loan products across the country. We feature a comprehensive mix of institutions, from neighborhood credit unions and competitive regional banks to large national online lenders.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update mortgage rates daily. Because mortgage rates and APRs can fluctuate rapidly based on bond markets and economic conditions, every loan product features its own specific “last updated” date for full transparency.
Proprietary Lender Health & Safety Grades: Beyond tracking rates, MonitorBankRates evaluates the financial stability of every listed institution. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective regulatory data, including the Texas Ratio, ensuring you are comparing rates from secure, reliable lenders.
Frequently Asked Questions about Mortgage Rates
What is a 30-Year Fixed Mortgage?
How does my credit score affect my rate?
What are closing costs?
Should I lock my mortgage rate?
What is an Adjustable-Rate Mortgage (ARM)?
What is a Jumbo Loan?
Do I need a 20% down payment?
What is the difference between Interest Rate and APR?
Can I refinance my mortgage later?
What is the national homeownership rate?
What is the median home value in the United States?
What is the median household income in the United States?
What percentage of homeowners are cost burdened nationally?
What is the median rent in the United States?
What are the best Mortgage rates nationally?
- Advance Financial Federal Credit Union: 5.625% (30-Year Fixed Mortgage)
- Institution for Savings: 5.625% (First-Time/Affordable Homebuyer Loan - 30 Year Fixed)
- Educational Employees Credit Union: 5.75% (30 Year Fixed Rate Jumbo - Primary Residence)
- Credit Union 1 Credit Union: 5.625% (30-Year Fixed First time Homebuyer)
- Thrive Federal Credit Union: 5.75% (30 Year Fixed)
Mortgage Rates by State
