Compare current mortgage rates
Current mortgage and refinance rates
|30-year fixed-rate FHA||3.499%||4.331%|
|30-year fixed-rate VA||3.010%||3.239%|
Mortgage rate trends (APR)
NerdWallet’s mortgage rate insight
On Friday, January 28th, 2022, the average APR on a 30-year fixed-rate mortgage rose 1 basis point to 3.641%. The average APR on a 15-year fixed-rate mortgage fell 2 basis points to 2.803% and the average APR for a 5/1 adjustable-rate mortgage (ARM) fell 1 basis point to 3.045%, according to rates provided to NerdWallet by Zillow. The 30-year fixed-rate mortgage is 9 basis points higher than one week ago and 88 basis points higher than one year ago.
A basis point is one one-hundredth of one percent. Rates are expressed as annual percentage rate, or APR.
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