Compare today's mortgage rates
Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are listed on the page. Our opinions are our own. Here is a list of our partners.
What's on this page
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.
Trends and insights
NerdWallet’s mortgage rate insight
On Saturday, April 20th, 2024, the average APR on a 30-year fixed-rate mortgage fell 8 basis points to 7.230%. The average APR on a 15-year fixed-rate mortgage rose 1 basis point to 6.507% and the average APR for a 5-year adjustable-rate mortgage (ARM) remained at 7.965%, according to rates provided to NerdWallet by Zillow. The 30-year fixed-rate mortgage is 5 basis points higher than one week ago and 43 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.
Current mortgage and refinance rates
| Product | Interest rate | APR |
|---|---|---|
| 30-year fixed-rate | 7.145% | 7.230% |
| 20-year fixed-rate | 7.091% | 7.198% |
| 15-year fixed-rate | 6.361% | 6.507% |
| 10-year fixed-rate | 6.053% | 6.247% |
| 7-year ARM | 7.371% | 7.912% |
| 5-year ARM | 7.222% | 7.965% |
| 3-year ARM | 8.125% | 8.355% |
| 30-year fixed-rate FHA | 6.121% | 6.938% |
| 30-year fixed-rate VA | 6.291% | 6.675% |
Data source: ©Zillow, Inc. 2006 – 2021. Use is subject to the Terms of Use
Best Mortgage Lenders
Lender | NerdWallet rating | Min. credit score | Min. down payment | Learn more |
|---|---|---|---|---|
 NBKC: NMLS#409631 at NBKC | FHA loans Best for FHA and VA loans | 620 | 3.5% | at NBKC |
 Guaranteed Rate: NMLS#2611 at Guaranteed Rate | Home loans overall Best for first-time home buyers, jumbo loans and HELOCs | 620 | 3% | at Guaranteed Rate |
 Alliant: NMLS#197185 | Jumbo loans Best for jumbo loans | 620 | 5% | |
 Andrews Federal Credit Union: NMLS#410421 | Home loans overall Best for first-time home buyers | 620 | 3% | |
 PNC: NMLS#446303 | Home loans overall Best for first-time buyers, FHA and jumbo loans, HELOCs | 620 | 3% |
Explore more quotes
