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Compare New York’s Mortgage Rates | Wednesday, February 4, 2026

Rates are current as of February 4, 2026 12:58 AM EST

1 ResultsShowing rates for: Purchase, Good (720-739), $500,000, 30-year fixed, Single-family, Primary residence

License information

1 Results for: Purchase, Good (720-739), $500,000, 30-year fixed, Single-family, Primary residence.

NMLS#399799

APR

6.63%

APR

6.63%

Interest rate

6.63%

Est. mo. payment

$2,562/mo

Total fees

$182

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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 New York's mortgage rate trends

See how rates have changed over time to understand past patterns and economic fluctuations

Historical timeline

Loan purpose

Loan type

New York’s average 5.88%

New York’s average mortgage rates today

Product	Interest rate	APR
30-year Fixed	5.88%	5.88%
30-year Fixed FHA	5.75%	6.57%
30-year Fixed VA	5.63%	5.63%
20-year Fixed	5.88%	5.88%
15-year Fixed	5.25%	5.25%
10-year Fixed	5.50%	5.50%
3-year ARM	3.88%	4.22%
5-year ARM	5.63%	6.25%
7-year ARM	5.75%	6.20%
10-year ARM	5.88%	5.88%

Accurate as of 02/03/2026.

Data source: ©Zillow, Inc. 2025. Use is subject to the Terms of Use

Today's mortgage rates in New York | Wednesday, February 4, 2026

Last updated 12:58 AM EST

On Wednesday morning, February 4, 2026, the average interest rate on a 30-year fixed-rate mortgage fell 12 basis points to 5.88% APR, compared to yesterday.

The average rate on a 15-year fixed-rate mortgage fell 25 basis points to 5.25% APR. The average rate on a 5-year adjustable-rate mortgage fell 25 basis points to 6.26% APR.

The 30-year fixed-rate mortgage rate is 25 basis points lower than one week ago and 58 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.