Current mortgage rates updated weekly from the Federal Reserve. Compare rates across loan types and see how they've trended over the past two years.
Fetching latest rates from the Federal Reserve (FRED)...
Weekly data · Source: Freddie Mac via FRED (Federal Reserve Bank of St. Louis)
Enter up to 3 loan scenarios to compare monthly payments, total interest, and overall cost side by side.
Your mortgage rate depends on your credit score, down payment, loan type, and the lender you choose. Shopping around with at least 3 lenders can save you thousands over the life of the loan.
Even a 0.25% difference on a $350,000 loan means roughly $50/month or $18,000 over 30 years.
Get quotes from at least 3 lenders. Banks, credit unions, and online lenders often have very different pricing for the same borrower profile.
Once you find a rate you're happy with, lock it in. Rate locks typically last 30–60 days and protect you from market increases during closing.
Scores above 740 get the best rates. Pay down credit cards, dispute errors, and avoid opening new accounts before applying.
APR includes fees and points, giving you a truer cost comparison between lenders than the interest rate alone.