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iAdvertiser Disclosure Montana Rate Trends

Mortgage Rates Montana (MT) for March 2026

Q: What are the best Mortgage rates in Montana?

Recent mortgage rates in Montana include: Wells Fargo: 6.25% (30-Year Fixed Rate)U.S. Bank: 6.38% (30-year fixed refinance). Last Updated and Verified: March 20, 2026.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Mortgage Rates Last Updated and Verified: March 20, 2026

Current 30-year fixed mortgage rates in Montana as of March 20, 2026 are as follows, according to verified data from MonitorBankRates: Wells FargoWells Fargo101 2nd Ave Sw, Billings, MT, 59047A5.0 ★Texas Ratio: 7.44% at 6.25%, and U.S. BankU.S. Bank10 E Adams Ave, Billings, MT, 59101A5.0 ★Texas Ratio: 6.46% at 6.38%.

Mortgage rates in Montana (MT) are continually updated to reflect market conditions. Whether you are purchasing a home or refinancing, comparing current loan options across top-rated local 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 confidently choose a stable, highly-rated institution.

Mortgage Rates reflect actual verified offers from lenders actively lending to Montana borrowers. Your final approved rate will depend on your credit profile, loan-to-value ratio, and daily market movements. Last Updated and Verified: March 20, 2026

Montana Mortgage Rate Trends

Compare local Montana mortgage rate quotes against the statewide average

Weekly mortgage rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.

View Full Montana Trends →

30-Year Fixed — MT Avg

6.375%

▲ 0.290 from last week

For buyers in Montana, the broader Montana 30-year fixed average mortgage rate rose 0.290 points this week to 6.375%, according to MonitorBankRates trend data.

15-Year Fixed — MT Avg

5.834%

▼ 1.937 from last week

For buyers in Montana, the broader Montana 15-year fixed average mortgage rate fell 1.937 points this week to 5.834%, according to MonitorBankRates trend data.

As of Mar 20, 2026 • Rate data sourced from 8,500+ monitored institutions Powered by MonitorBankRates

Compare Mortgage Rates Today in Montana

Source: Verified Mortgage Rate Data provided by MonitorBankRates

Lender

Product

Term

Rate

APR

Profile

Wells Fargo

Institution Rating:

A5.0 ★Texas Ratio: 7.44%

101 2nd Ave Sw, Billings, MT, 59047

30-Year Fixed Rate

6.25%

6.40%

View

▼

Rate6.25%

APR6.40%

Points0.000

UpdatedMar 15, 2026

Details

No additional details available.

U.S. Bank

Institution Rating:

A5.0 ★Texas Ratio: 6.46%

10 E Adams Ave, Billings, MT, 59101

30-year fixed refinance

30-year

6.38%

6.54%

View

▼

Rate6.38%

APR6.54%

Points0.000

UpdatedMar 15, 2026

Details

No additional details available.

Source: Verified Mortgage Rate Data provided by MonitorBankRates

Lender

Product

Term

Rate

APR

Profile

Wells Fargo

Institution Rating:

A5.0 ★Texas Ratio: 7.44%

101 2nd Ave Sw, Billings, MT, 59047

15-Year Fixed Rate

5.50%

5.73%

View

▼

Rate5.50%

APR5.73%

Points0.000

UpdatedMar 15, 2026

Details

No additional details available.

Mountain America Federal Credit Union

Institution Rating:

A5.0 ★Texas Ratio: 11.38%

2825 N Reserve St, Billings, MT, 59105

Second mortgage 15-year fixed rate

7.50%

7.79%

View

▼

Rate7.50%

APR7.79%

Points0.000

UpdatedMar 20, 2026

Details

As Low As

Source: Verified Mortgage Rate Data provided by MonitorBankRates

Lender

Product

Term

Rate

APR

Profile

Mountain America Federal Credit Union

Institution Rating:

A5.0 ★Texas Ratio: 11.38%

2825 N Reserve St, Billings, MT, 59105

7/6 Adjustable-rate mortgage

5.50%

6.18%

View

▼

Rate5.50%

APR6.18%

Points0.000

UpdatedMar 20, 2026

Details

As Low As

U.S. Bank

Institution Rating:

A5.0 ★Texas Ratio: 6.46%

10 E Adams Ave, Billings, MT, 59101

Jumbo adjustable-rate mortgage (ARM) loans 5/1 yr

5/1 yr

5.75%

6.20%

View

▼

Rate5.75%

APR6.20%

Points0.680

UpdatedMar 15, 2026

Details

No additional details available.

U.S. Bank

Institution Rating:

A5.0 ★Texas Ratio: 6.46%

10 E Adams Ave, Billings, MT, 59101

Jumbo adjustable-rate mortgage (ARM) loans 7/1 yr

7/1 yr

5.88%

6.21%

View

▼

Rate5.88%

APR6.21%

Points0.760

UpdatedMar 15, 2026

Details

No additional details available.

Mountain America Federal Credit Union

Institution Rating:

A5.0 ★Texas Ratio: 11.38%

2825 N Reserve St, Billings, MT, 59105

10/6 Adjustable-rate mortgage

5.88%

6.26%

View

▼

Rate5.88%

APR6.26%

Points0.000

UpdatedMar 20, 2026

Details

As Low As

Wells Fargo

Institution Rating:

A5.0 ★Texas Ratio: 7.44%

101 2nd Ave Sw, Billings, MT, 59047

7/6-Month ARM

5.88%

6.27%

View

▼

Rate5.88%

APR6.27%

Points0.000

UpdatedMar 15, 2026

Details

No additional details available.

U.S. Bank

Institution Rating:

A5.0 ★Texas Ratio: 6.46%

10 E Adams Ave, Billings, MT, 59101

Conforming adjustable-rate mortgage (ARM) loans 7/6 mo

7/6 mo

5.88%

6.29%

View

▼

Rate5.88%

APR6.29%

Points0.932

UpdatedMar 15, 2026

Details

No additional details available.

Mountain America Federal Credit Union

Institution Rating:

A5.0 ★Texas Ratio: 11.38%

2825 N Reserve St, Billings, MT, 59105

5/6 Adjustable-rate mortgage

5.50%

6.31%

View

▼

Rate5.50%

APR6.31%

Points0.000

UpdatedMar 20, 2026

Details

As Low As

U.S. Bank

Institution Rating:

A5.0 ★Texas Ratio: 6.46%

10 E Adams Ave, Billings, MT, 59101

Jumbo adjustable-rate mortgage (ARM) loans 10/1 yr

10/1 yr

6.12%

6.32%

View

▼

Rate6.12%

APR6.32%

Points0.725

UpdatedMar 15, 2026

Details

No additional details available.

U.S. Bank

Institution Rating:

A5.0 ★Texas Ratio: 6.46%

10 E Adams Ave, Billings, MT, 59101

Conforming adjustable-rate mortgage (ARM) loans 10/6 mo

10/6 mo

6.12%

6.38%

View

▼

Rate6.12%

APR6.38%

Points0.936

UpdatedMar 15, 2026

Details

No additional details available.

Mountain America Federal Credit Union

Institution Rating:

A5.0 ★Texas Ratio: 11.38%

2825 N Reserve St, Billings, MT, 59105

7/6 First-time homebuyer Adjustable-rate mortgage

6.75%

6.87%

View

▼

Rate6.75%

APR6.87%

Points0.000

UpdatedMar 20, 2026

Details

As Low As

Source: Verified Mortgage Rate Data provided by MonitorBankRates

Lender

Product

Term

Rate

APR

Profile

U.S. Bank

Institution Rating:

A5.0 ★Texas Ratio: 6.46%

10 E Adams Ave, Billings, MT, 59101

Jumbo loans 15-year

15-year

6.25%

6.49%

View

▼

Rate6.25%

APR6.49%

Points0.640

UpdatedMar 15, 2026

Details

No additional details available.

U.S. Bank

Institution Rating:

A5.0 ★Texas Ratio: 6.46%

10 E Adams Ave, Billings, MT, 59101

Jumbo loans 20-year

20-year

6.38%

6.58%

View

▼

Rate6.38%

APR6.58%

Points0.735

UpdatedMar 15, 2026

Details

No additional details available.

U.S. Bank

Institution Rating:

A5.0 ★Texas Ratio: 6.46%

10 E Adams Ave, Billings, MT, 59101

Jumbo loans 30-year

30-year

6.50%

6.65%

View

▼

Rate6.50%

APR6.65%

Points0.685

UpdatedMar 15, 2026

Details

No additional details available.

Source: Verified Mortgage Rate Data provided by MonitorBankRates

Lender

Product

Term

Rate

APR

Profile

U.S. Bank

Institution Rating:

A5.0 ★Texas Ratio: 6.46%

10 E Adams Ave, Billings, MT, 59101

Federal Housing Administration (FHA) loans 30-year

30-year

5.88%

6.76%

View

▼

Rate5.88%

APR6.76%

Points0.932

UpdatedMar 15, 2026

Details

No additional details available.

Source: Verified Mortgage Rate Data provided by MonitorBankRates

Lender

Product

Term

Rate

APR

Profile

Wells Fargo

Institution Rating:

A5.0 ★Texas Ratio: 7.44%

101 2nd Ave Sw, Billings, MT, 59047

30-Year Fixed-Rate VA

5.62%

5.82%

View

▼

Rate5.62%

APR5.82%

Points0.000

UpdatedMar 15, 2026

Details

No additional details available.

U.S. Bank

Institution Rating:

A5.0 ★Texas Ratio: 6.46%

10 E Adams Ave, Billings, MT, 59101

Veterans Affairs (VA) loans 30-year

30-year

6.12%

6.46%

View

▼

Rate6.12%

APR6.46%

Points0.509

UpdatedMar 15, 2026

Details

No additional details available.

Disclaimer

The mortgage rates displayed are verified and sourced directly from the official websites of the listed financial institutions. Your final approved rate will depend on your specific credit history, credit score, loan amount, and down payment.

Banks and Credit Unions: If you need to update your rate data or request removal from MonitorBankRates.com, please contact us here.

Mortgage Calculators

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Methodology & Data Sources

Direct-Sourced & Verified Mortgage Rate Data: We aggregate mortgage and refinance rates for Montana directly from the official websites of local lenders, credit unions, and national mortgage originators using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every rate displayed 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 in Montana. We feature a comprehensive mix of licensed NMLS financial institutions — from neighborhood credit unions and competitive regional banks to large national originators available to borrowers in MT.

Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update mortgage rates daily. Because rates and APRs can fluctuate rapidly based on bond markets and economic conditions, every loan product features its own “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 compare rates from secure, reliable lenders.

Frequently Asked Questions about Mortgage Rates in Montana

How does my credit score affect my rate in Montana?

Your credit score is a major factor. Generally, borrowers in Montana with higher credit scores (760+) receive the lowest interest rates.

What is a 30-Year Fixed Mortgage?

A 30-year fixed-rate mortgage is a home loan where the interest rate remains the same for the entire 30-year term. It is the most popular type of mortgage in Montana because it offers lower monthly payments compared to shorter-term loans.

What are closing costs in Montana?

Closing costs are fees paid at the end of a real estate transaction, typically ranging from 2% to 5% of the loan amount. In Montana, these may include appraisal fees, title insurance, and recording fees.

Should I lock my mortgage rate?

If you are satisfied with the current rate and worried rates might rise before closing on your home in Montana, locking your rate is a good idea. It guarantees your rate for a specific period.

What is an Adjustable-Rate Mortgage (ARM)?

An ARM has an interest rate that can change over time. It usually starts with a lower fixed rate for a period (e.g., 5 years) before adjusting annually based on market indices.

What is a Jumbo Loan in Montana?

A Jumbo Loan exceeds the conforming loan limits set by the FHFA. In high-cost areas of Montana, these limits are higher. These loans typically require stronger credit and larger down payments.

Do I need 20% down to buy a house in Montana?

No. While 20% avoids Private Mortgage Insurance (PMI), many lenders in Montana offer loans with as little as 3% or 3.5% down (FHA). VA loans may require no down payment.

What is the difference between Interest Rate and APR?

The interest rate is the cost of borrowing the principal. The APR (Annual Percentage Rate) includes the interest rate plus other costs like points and fees, giving a truer cost of the loan.

How do I find the best lender in Montana?

Compare rates from multiple sources including local banks, credit unions, and online lenders using the tables on this page to find the best offer for your situation.