Compare current mortgage rates
Current mortgage and refinance rates
|30-year fixed-rate FHA||4.167%||5.047%|
|30-year fixed-rate VA||2.965%||3.248%|
Mortgage rate trends (APR)
NerdWallet’s mortgage rate insight
On Wednesday, January 26th, 2022, the average APR on a 30-year fixed-rate mortgage fell 4 basis points to 3.493%. The average APR on a 15-year fixed-rate mortgage fell 2 basis points to 2.690% and the average APR for a 5/1 adjustable-rate mortgage (ARM) fell 9 basis points to 2.918%, according to rates provided to NerdWallet by Zillow. The 30-year fixed-rate mortgage is 12 basis points lower than one week ago and 61 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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