4.06%APR
0.03%
0.03%1 day change
0.02%1 year change

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Top rated national lenders

Lender
At a glance
  • Full line of fixed and adjustable rate mortgages, including FHA and VA loans.
  • Good for: People comfortable using online tools and those looking for FHA loans. Minimum credit score of 620, 580 for FHA loans.
  • Strengths: Verifies employment and tells you how much you qualify for in minutes.
  • Weaknesses: No HELOC or home equity loans. Relies on traditional credit measures.
  • Learn more
  • Full line of fixed and adjustable rate mortgages, including FHA, VA and USDA loans.
  • Good for: Borrowers who want a full-service lender or borrowers with non-traditional credit histories.
  • Strengths: Support for borrowers who don't fit the traditional financial mold.
  • Weaknesses: Not available in NY or HI. No home equity borrowing products.
  • Learn more
  • Variety of mortgages including ARMs and jumbos. Doesn't charge private mortgage insurance.
  • Good for: High income, professional borrowers with a strong payment history who are not interested in government mortgage programs.
  • Strengths: Technology-enhanced borrowing experience. Accepts low down payments.
  • Weaknesses: Only available in 29 states and DC. Doesn't offer government loans.
  • Learn more
  • Full line of fixed and adjustable rate mortgages, including FHA, VA and USDA loans.
  • Good for: Borrowers looking for standard mortgages who want full-service customer support and a complete online application process.
  • Strengths: Fully built technology experience. Plenty of customer support.
  • Weaknesses: Not available in HI, MO, MT, NV, NY. No home equity borrowing products.
  • Learn more

Mortgage rate trends (APR)

NerdWallet's mortgage rate insight
4.06%
30-year fixed
The average rate on a 30-year fixed-rate mortgage went up three basis points, the 15-year fixed rate fell one basis point and the 5/1 ARM was unchanged, according to a NerdWallet survey of daily mortgage rates published by national lenders Friday.
See full article

Mortgage rates today (APR)

Loan typeAverage
rate
Change
1 day
Change
1 year
30-year fixed4.06%
0.03%
0.02%
15-year fixed3.6%
0.01%
0.14%
5/1 ARM4.18%
0.0%
0.73%
Data source: NerdWallet Mortgage Rate Index

Shop for a Mortgage on NerdWallet

What's a mortgage rate?

A mortgage rate is the amount of interest paid on the mortgage, quoted as an Annual Percentage Rate (APR). Current rates are 4.06% for a 30-year fixed, 3.6% for a 15-year fixed, and 4.18% for a 5/1 adjustable-rate mortgage (ARM).

Compare current mortgage rates

The more lenders you check out when shopping for mortgage rates, the more likely you are to get a lower interest rate. Getting a lower interest rate could save you hundreds of dollars over a year of mortgage payments — and thousands of dollars over the life of the mortgage. Yes, finding the best mortgage interest rate is a big deal.

With NerdWallet’s easy-to-use mortgage rate tool, you can find the best home loan interest rate for you, whether you’re a first-time homebuyer looking at 30-year mortgage rates or a long-time homeowner comparing refinance mortgage rates.

How to find the best mortgage rates

Start with the “Loan Purpose” box above and fill in as many of the fields as you can to get the most accurately personalized quotes. For best results, try different scenarios. See how the mortgage rates differ from each lender, depending on your down payment or credit score. That can be a real eye opener.

And if you qualify, remember to check the “Military/Veteran” box, too. Qualified borrowers can get a VA mortgage with no down payment and low rates, too. Definitely worth checking into.

If you want to do some serious mortgage rate research, click on the “Advanced” link just above “Get Rates.” That’s where you can provide information on annual income, debt, property type and other factors that affect the mortgage rate you’ll be quoted from each lender.

You can also select different loan programs and compare 30-year mortgage rates to 15-year mortgage rates. Fixed and adjustable rate options are available as well.

Mortgage interest rates on demand

When you click “Get Rates” you’ll instantly find pages of home loan results from a variety of mortgage lenders. If you see an interest rate you like, you can click to view the details or head straight to the mortgage lender’s website.

But don’t just stop at one lender. Most people do, but shopping at least three lenders can save you more than $3,500 in just the first five years of your loan, according to research conducted by the Consumer Financial Protection Bureau.