Skip to content
NerdWallet Home Page
Mortgages
Compare today's mortgage rates

Compare Iowa’s Mortgage Rates | Friday, February 6, 2026

Rates are current as of February 6, 2026 3:05 AM EST

Iowa average mortgage rates:
30-Year Fixed

APR 6.19%

0.15% 1w
15-Year Fixed

APR 5.55%

0.16% 1w
5-Year ARM

APR 6.84%

0.10% 1w
2 ResultsShowing rates for: Purchase, Good (720-739), $500,000, 30-year fixed, Single-family, Primary residence
License information
2 Results for: Purchase, Good (720-739), $500,000, 30-year fixed, Single-family, Primary residence.
Sage Home Loans

NMLS#3304

APR

6.00%

APR

6.00%

Interest rate

6.00%

Est. mo. payment

$2,397/mo

Total fees

-$676

GET MY RATE
Hide 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.
New American Funding

NMLS#6606

APR

6.03%

APR

6.03%

Interest rate

5.99%

Est. mo. payment

$2,396/mo

Total fees

$1,629

GET MY RATE
Hide 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 rating

4.5

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.

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.

Today's mortgage rates in Iowa | Friday, February 6, 2026

Last updated 3:05 AM EST
On Friday morning, February 6, 2026, the average interest rate on a 30-year fixed-rate mortgage held steady at 6.19% APR, compared to yesterday.
The average rate on a 15-year fixed-rate mortgage held steady at 5.55% APR. The average rate on a 5-year adjustable-rate mortgage held steady at 6.84% APR.
The 30-year fixed-rate mortgage rate is 15 basis points higher than one week ago and 50 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.

Latest mortgage news and analysis