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United States mortgage rate benchmarks

Loan typeTermMedian rateLoansConfidence
Conventional15-year5.85%2,941Strong evidenceBased on 2,941 loans — the estimate is steady at the 0.01-percentage-point precision shown.
Conventional20-year6.19%962Strong evidenceBased on 962 loans — the estimate is steady at the 0.01-percentage-point precision shown.
Conventional30-year6.73%65,478Strong evidenceBased on 65,478 loans — the estimate is steady at the 0.01-percentage-point precision shown.
FHA15-year5.90%7Limited evidenceBased on 7 loans — with this few, one loan can shift the estimate by several hundredths of a percentage point.
FHA20-year7.03%66Strong evidenceBased on 66 loans — the estimate is steady at the 0.01-percentage-point precision shown.
FHA30-year6.48%11,617Strong evidenceBased on 11,617 loans — the estimate is steady at the 0.01-percentage-point precision shown.
VA15-year5.51%36Moderate evidenceBased on 36 loans — one loan shifts the estimate by about 0.01 percentage points.
VA20-year6.44%6Limited evidenceBased on 6 loans — with this few, one loan can shift the estimate by several hundredths of a percentage point.
VA30-year6.23%4,487Strong evidenceBased on 4,487 loans — the estimate is steady at the 0.01-percentage-point precision shown.
Jumbo15-year5.95%36Moderate evidenceBased on 36 loans — one loan shifts the estimate by about 0.01 percentage points.
Jumbo20-year6.10%8Limited evidenceBased on 8 loans — with this few, one loan can shift the estimate by several hundredths of a percentage point.
Jumbo30-year6.60%1,587Strong evidenceBased on 1,587 loans — the estimate is steady at the 0.01-percentage-point precision shown.
ARM15-year5.81%116Strong evidenceBased on 116 loans — the estimate is steady at the 0.01-percentage-point precision shown.
ARM20-year6.99%73Strong evidenceBased on 73 loans — the estimate is steady at the 0.01-percentage-point precision shown.
ARM30-year5.94%8,197Strong evidenceBased on 8,197 loans — the estimate is steady at the 0.01-percentage-point precision shown.

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Rate is a points-normalized estimate. Each row shows one loan purpose (purchase, where published); the leaf page for a row breaks out every purpose that publishes. From crowdsourced and public HMDA data, for comparison only. Not an offer, quote, or savings estimate.