Compare today's mortgage rates
Compare 30-year Mortgage Rates | Tuesday, February 10, 2026
Rates are current as of February 10, 2026 12:28 AM EST
National average mortgage rates:
30-Year Fixed
APR 5.94%
-0.04% 1w15-Year Fixed
APR 5.45%
-0.04% 1w5-Year ARM
APR 6.33%
-0.01% 1w4 ResultsShowing rates for: Purchase, Good (720-739), $500,000, 30-year fixed, Single-family, Primary residence
4 Results for: Purchase, Good (720-739), $500,000, 30-year fixed, Single-family, Primary residence. 
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The Nerdy headline
Simplist is an online marketplace of mortgage lenders; human guidance is optional. You’ll make payments to a loan servicer, not to Simplist. Loans are not available in every state.
Home loans overall
NerdWallet rating
4.5
What we like
- Loan origination process can be completed online.
- Offers government-backed FHA and VA loans.
- Offers module that compares mortgage rates among other lenders.
What we don't like
- Offers loans in many states and Washington, D.C., but not nationwide.
- Does not offer home equity loans or lines of credit.
Show details
The Nerdy headline
Sage Home Loans stands out for speed and convenience, though it lacks a mobile app and doesn’t serve New York borrowers.
Home loans overall
NerdWallet rating
4.5
What we like
- Sample rates are easy to browse online.
- Quick, convenient pre-qualification process.
- Average time to close is just under 20 days, faster than industry standard.
What we don't like
- Home loans aren’t available in New York.
- No mobile app or online chat, despite focus on mortgage tech.
- Online pre-qualification requires sharing contact info.
Show details
The Nerdy headline
New American Funding offers a large menu of loan products, as well as programs like first-time home buyer assistance, but personalized mortgage rates aren't available on its website.
Home loans overall
NerdWallet rating4.5
What we like
- Offers a wide variety of purchase and refinance mortgages, as well as unique buyer assistance programs.
- Its home equity line of credit can be used for a primary residence or second home.
What we don't like
- Average origination fees are on the high side, according to the latest federal data.
- Personalized mortgage rates are not available on the website without providing contact information.
Show details
The Nerdy headline
Home loans overall
NerdWallet rating
5.0
What we like
- Offers an online application and loan process updates.
- Offers mortgages for investment properties.
- Makes it easy to browse current rates and get a customized mortgage rate quote.
What we don't like
- Does not offer FHA or VA government-backed loans.
- No renovation mortgage options.
About these rates: The lenders whose rates appear on this table are NerdWallet's advertising partners. NerdWallet strives to keep its information accurate and up to date. This information may be different than what you see when you visit a lender's site. The terms advertised here are not offers and do not bind any lender. The rates shown here are retrieved via the Mortech rate engine and are subject to change. These rates do not include taxes, fees, and insurance. Your actual rate and loan terms will be determined by the partner's assessment of your creditworthiness and other factors. Any potential savings figures are estimates based on the information provided by you and our advertising partners.
Explore historical mortgage rate trends
See how rates have changed over time to understand past patterns and economic fluctuations
Historical timeline
Loan purpose
Loan type
30-year Fixed
National average 5.95%
Today's average mortgage rates
| Product | Interest rate | APR |
|---|---|---|
| 30-year Fixed | 5.94% | 5.95% |
| 30-year Fixed FHA | 6.12% | 6.86% |
| 30-year Fixed VA | 5.47% | 5.60% |
| 20-year Fixed | 5.90% | 5.92% |
| 15-year Fixed | 5.42% | 5.45% |
| 10-year Fixed | 5.47% | 5.50% |
| 3-year ARM | 8.19% | 7.46% |
| 5-year ARM | 5.95% | 6.33% |
| 7-year ARM | 6.00% | 6.28% |
| 10-year ARM | 5.94% | 5.95% |
Accurate as of 02/09/2026.
Data source: ©Zillow, Inc. 2025. Use is subject to the Terms of Use
Today's mortgage rates | Tuesday, February 10, 2026
Last updated 12:28 AM EST
On Tuesday morning, February 10, 2026, the average interest rate on a 30-year fixed-rate mortgage fell five basis points to 5.94% APR, compared to yesterday.
The average rate on a 15-year fixed-rate mortgage held steady at 5.45% APR. The average rate on a 5-year adjustable-rate mortgage fell five basis points to 6.33% APR.
The 30-year fixed-rate mortgage rate is four basis points lower than one week ago and 71 basis points lower than one year ago.
A basis point is one hundredth of a percent, or 0.01%. We describe mortgage rates’ ups and downs in basis points because they simplify comparisons.
NerdWallet’s rates are expressed as an annual percentage rate, or APR, and our mortgage rates data comes from Zillow.
30-Year Mortgage: Who It’s For and How to Secure the Best Rate
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Written by , Reviewed by , Edited by
Holden Lewis
Michelle Blackford
Mary Makarushka
Last updated 01/21/2026
What is a 30-year mortgage?
A 30-year fixed-rate mortgage is a home loan designed to be paid off in 30 years. It provides the security of a consistent principal and interest payment, and the flexibility to afford a larger mortgage loan because the payments are lower than for a shorter-term mortgage for the same amount.
Pros and cons of a 30-year fixed mortgage
The 30-year fixed mortgage is the most popular home loan term. It meets the needs of many borrowers, but some people prefer shorter loan terms. Here are benefits and drawbacks of the 30-year mortgage:
Pros
- Lower payments: Because they’re spread out over 30 years, the monthly payments are lower than for loans with shorter terms.
- Flexibility: If your monthly budget allows, you can make extra payments to pay off the loan faster.
- Bigger loan: Because monthly payments on a 30-year loan are smaller than on a shorter-term loan (such as 20 or 15 years), you can borrow more.
Cons
- Higher interest rate: Because the lender is tying up its money longer, 30-year fixed mortgage rates are higher than on shorter-term loans, such as 15-year mortgages.
- More interest overall: You pay more total interest over the life of a 30-year mortgage than shorter-term loans because you make more payments.
- You risk borrowing too much: A 30-year loan lets you borrow more, which could tempt you into taking out a loan that’s too big. Even if you can afford the monthly payments, the larger loan could crowd out room in your budget for vacations, dining out and other discretionary spending.
How to find 30-year mortgage rates today
Today's mortgage rates can be found via NerdWallet’s mortgage rate tool at the top of this page. It can help you find 30-year fixed mortgage rates today that are tailored to your needs. In the filters above, enter details about the loan you’re looking for and see an interest rate quote without having to provide personal information.
Why the lowest 30-year mortgage rate doesn’t always equal the best deal
30-year mortgage rates vary day to day and even hour by hour. You can save money by comparison shopping because each lender offers its own combination of interest rate and fees.
Still, the loan offer with the lowest interest rate isn't necessarily the best. Lenders charge fees to offset expenses and add to their bottom lines. These closing costs can vary a lot from one lender to another, and they aren't necessarily spelled out until you formally apply for a loan.
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How to compare 30-year mortgage offers
If you’re approved, each lender will provide you with a Loan Estimate form. This will let you compare interest rates, mortgage origination fees and closing costs, giving you confidence that you’re getting the right loan for your situation
The Loan Estimate is a three-page document that provides the loan's details, projected payments and closing costs. Page 3 of the Loan Estimate has a section labeled "Comparisons." It's designed to simplify comparing loan offers. It provides three subheadings:
- "In 5 Years" totals how much you would spend on the mortgage in its first five years, including closing costs, principal, interest and mortgage insurance. A lower number is better.
- "Annual Percentage Rate (APR)" is a way to express the interest rate that takes closing costs into account. A lower APR is better.
- "Total Interest Percentage (TIP)" measures the total interest you would pay as a percentage of the loan amount. A lower TIP is better.
Freddie Mac research concluded that a typical borrower can expect to save an average of $1,500 over the life of the loan by getting one additional rate quote and an average of $3,000 by comparison-shopping five additional lenders.
How your 30-year mortgage rate is set
Mortgage rates are shaped by a mix of complex market forces: Bad economic or global political worries can move mortgage rates lower. Good news can push rates higher. Supply and demand are also key factors, with strong demand for mortgages generally driving rates higher and vice versa.
Additionally, lenders fine-tune your mortgage rate based on your personal risk. For example, the higher your credit score and the bigger your down payment, the lower your mortgage rate tends to be.
» MORE: Get your credit score for free
The difference between interest rate and APR
The interest rate is the percentage that the lender charges for borrowing the money. The APR, or annual percentage rate, takes fees and discount points into account.
APR is a tool used to compare loan offers, even if they have different interest rates, fees and discount points.
Learn more about fixed-rate loans:
More mortgage tools and resources
Latest mortgage news and analysis
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