6.499% APR

Compare today's mortgage rates

Written by Holden Lewis
May 2, 2022

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.

Loan purpose
Showing results for: Good (720-739), 30-year fixed, Single family home, Primary residence

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

Mortgage rate trends (APR)

NerdWallet’s mortgage rate insight

30-year fixed-rate

On Monday, March 27th, 2023, the average APR on a 30-year fixed-rate mortgage fell 14 basis points to 6.499%. The average APR on a 15-year fixed-rate mortgage fell 8 basis points to 5.757% and the average APR for a 5-year adjustable-rate mortgage (ARM) rose 14 basis points to 6.932%, according to rates provided to NerdWallet by Zillow. The 30-year fixed-rate mortgage is 4 basis points higher than one week ago and 164 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

ProductInterest rateAPR
30-year fixed-rate6.425%6.499%
20-year fixed-rate6.086%6.254%
15-year fixed-rate5.583%5.757%
10-year fixed-rate5.581%5.954%
7-year ARM5.889%6.775%
5-year ARM5.791%6.932%
3-year ARM6.125%7.204%
30-year fixed-rate FHA5.501%6.403%
30-year fixed-rate VA5.626%6.033%

Data source: ©Zillow, Inc. 2006 – 2021. Use is subject to the Terms of Use

About the author: Holden is NerdWallet's authority on mortgages and real estate. He has reported on mortgages since 2001, winning multiple awards.

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