The national average mortgage rate is 6.943%

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National average rates

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30-year fixed
6.943%
15-year fixed
6.15%
FHA 30-year fixed
6.587%
VA 30-year fixed
6.488%
Rates current as of 1/7/2025, 12:00:00 AM. Rates are provided for informational use only and are not advertised rates from Rate. Savings, if any, vary based on consumer credit profile, interest rate availability, and other factors.

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Loan TypeRateAPRPoints
Mo. Payment
30-year fixed6.825%7.205%1.201 ($4203.50)$2287.57
15-year fixed5.875%6.427%1.078 ($3773.00)$2929.91
FHA loan6.124%7.184%0.964 ($2942.61)$1991.28
VA loans6.100%6.726%1.178 ($4813.31)$2476.09
Jumbo loans6.400%6.712%1.174 ($10566.00)$5629.55
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Mortgage rates FAQs

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Average mortgage rates since 2019

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Mortgage rates for refinancing vs. purchasing

When to lock or float current mortgage rates

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How credit scores affect your mortgage rate

Different types of mortgages

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