3.96%APR
0.01%
0.01%1 day change
0.72%1 year change

Compare current mortgage rates

See today's mortgage rates and find the right mortgage rate for you.

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
  • 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

Shop for a Mortgage on NerdWallet

What are today’s current mortgage rates?

On August 22nd, 2019, the average rate on the 30-year fixed-rate mortgage is 3.96%, the average rate for the 15-year fixed-rate mortgage is 3.45%, and the average rate on the 5/1 adjustable-rate mortgage (ARM) is 4.26%. Rates are quoted as Annual Percentage Rate (APR).

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 fixed mortgage rates or a long-time homeowner comparing refinance mortgage rates, using NerdWallet’s mortgage rate tool can help you find the best mortgage rates today.

Find personalized mortgage rates

Start with the ZIP code of where you are looking to buy a home in the box above. Then choose your loan purpose, either a purchase mortgage or a refinance mortgage, and click “Get Started”. Just answer a few more questions about the home loan you’re looking for and your personal situation, and then you’ll see your personalized results. Don’t worry, the whole process is free and won’t hurt your credit score. When comparing your quotes, you can update your personal criteria at any time and get new quotes. Try different scenarios for the best results. See how the mortgage rates differ from each lender depending on your down payment or credit score. That can be a real eye opener.

If you qualify, remember to indicate your veteran status as well. Qualified borrowers can get a VA mortgage with no down payment and low rates too.

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 Started”, you’ll instantly find pages of home loan results from a variety of mortgage lenders. If you see a quote 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. Shopping quotes from 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.