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Today's Mortgage Rates
Live national average mortgage rates by loan type, updated daily, plus what the surveys mean and how rates move.
Today's mortgage rates · updated daily
National average rates by loan type. Not a quote.| Loan type | Average rate |
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| 30-year fixedMost common. Lowest payment, most interest over time. | 6.71% |
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| 15-year fixedHigher payment, far less total interest. | 6.29% |
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| FHA 30-yearLow down payment, flexible credit. | 6.29% |
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| VA 30-yearEligible military. No down payment, no monthly MI. | 6.31% |
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| USDA 30-yearEligible rural areas. No down payment. | 6.29% |
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| Jumbo 30-yearAbove conforming loan limits. | 6.85% |
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| 5/1 ARMFixed for 5 years, then adjusts. | 6.29% |
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Updated August 16, 2026.
Rates shown are daily national averages published by Mortgage News Daily and are provided for general informational purposes only. They are not a rate quote, an offer, or a commitment to lend. Your actual interest rate and APR depend on your credit, loan amount, down payment, property type, occupancy, and other factors, and rates change daily. Not all applicants will qualify.
Live national averages from Mortgage News Daily. Not a quote, rate lock, or offer. Your actual rate depends on your credit, loan type, down payment, location, and other factors and will differ.
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The three rate surveys
You will see different average rates from different sources, and all can be right at once:
- Mortgage News Daily: a daily index that updates each afternoon, so it reflects the market fastest.
- Freddie Mac: a weekly survey published Thursdays, smoother and slightly lagged.
- Mortgage Bankers Association: a weekly survey that also reports points.
Why your rate will differ from the average
Averages assume a strong borrower profile. Your quote depends on your credit score, loan type, down payment, loan amount, property type, and the points you choose. Use the average as a starting point, then run the calculator with your own quoted rate.
What moves rates
Mortgage rates track the bond market. Inflation, the economy, and Federal Reserve policy push bond prices up or down, and rates follow. Read the full explainer.
Mortgage rates FAQ
What are today's mortgage rates?
The table above shows today's national average mortgage rates by loan type, updated daily from Mortgage News Daily. Current mortgage rates move every business day, so check back for the latest averages. Your own rate depends on your credit, loan type, and down payment and will differ.
How often do mortgage rates change?
Daily. Lenders reprice as the bond market moves, sometimes more than once in a single day. Daily indexes update each afternoon; weekly surveys like Freddie Mac publish once a week.
Why is my quoted rate higher than the current average?
Average rates assume a strong borrower profile and standard loan terms. A lower credit score, a smaller down payment, or a specialty loan can raise your rate above the posted average. Run the calculator with your own quoted rate for a real payment.
Why do rate surveys disagree?
They measure on different schedules. Daily indexes move first; weekly surveys are smoother and slightly lagged. All can be correct at the same time.
Important disclosures. LoanFitCalc is a free educational tool that provides estimates only. It is not a loan, a loan approval, a commitment to lend, a rate lock, or an offer to make a loan, and it does not provide financial, legal, or tax advice or recommend a specific loan for you. Mortgage insurance rates, funding and guarantee fees, loan limits, taxes, and insurance figures are typical published values used for estimation and are subject to change. Program eligibility rules are summarized and simplified. Actual terms depend on your full application, credit, property, and lender underwriting. Consult a licensed mortgage loan originator before making any decision. LoanFitCalc is an independent educational website and is not a lender. ⌂ Equal Housing Opportunity
