Compare current mortgage rates
Current mortgage and refinance rates
|30-year fixed-rate FHA||4.125%||5.027%|
|30-year fixed-rate VA||3.043%||3.337%|
Mortgage rate trends (APR)
NerdWallet’s mortgage rate insight
On Thursday, January 20th, 2022, the average APR on a 30-year fixed-rate mortgage rose 3 basis points to 3.638%. The average APR on a 15-year fixed-rate mortgage rose 4 basis points to 2.814% and the average APR for a 5/1 adjustable-rate mortgage (ARM) rose 14 basis points to 3.097%, according to rates provided to NerdWallet by Zillow. The 30-year fixed-rate mortgage is 17 basis points higher than one week ago and 66 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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