Compare current mortgage rates
Current mortgage and refinance rates
|30-year fixed-rate FHA||3.373%||4.163%|
|30-year fixed-rate VA||3.008%||3.314%|
Mortgage rate trends (APR)
NerdWallet’s mortgage rate insight
On Saturday, January 29th, 2022, the average APR on a 30-year fixed-rate mortgage remained at 3.601%. The average APR on a 15-year fixed-rate mortgage rose 3 basis points to 2.830% and the average APR for a 5/1 adjustable-rate mortgage (ARM) rose 3 basis points to 3.025%, according to rates provided to NerdWallet by Zillow. The 30-year fixed-rate mortgage is 5 basis points higher than one week ago and 83 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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