Mortgages without the overpaying
On Bankrate, lenders compete for your loan. Every offer is generated by up to 100+ mortgage lenders bidding for your business in real time — so whether you’re buying, refinancing, or tapping your equity, you see the rate the market actually offers.
- $73k
Average saved by Bankrate mortgage users over 30 years.
- 600+
Banks and credit unions surveyed annually.
- 99.7%
Bankrate offers beat 99.7% of banks and credit unions
Mortgage rates today
National average mortgage rates
5.94%
Bankrate’s lowest 30-year fixed rate
30-year fixed
6.71%
0.01%15-year fixed
6.09%
0.01%30-year FHA
6.38%
0.01%30-year VA
6.41%
0.05%
Rates as of August 23, 2026
You don't have to be one of the 90% of borrowers who overpay
The average purchase homebuyer pays $3,656 more a year than they need to. See how lenders competing for your business changes that.
Find your best rate
Our tools, your decision
All calculatorsMortgage calculator
Find out what your monthly payment will actually look like.
Amortization calculator
See how much of your payment goes to interest.
Interest-only mortgage calculator
See what you’re paying now versus what you’ll owe later.
Debt-to-income ratio calculator
Compare what you owe each month to what you earn.
Mortgage refinance calculator
See whether refinancing would save you money.
9 out of 10 homebuyers overpay for their mortgage.
We analyzed 3.2 million mortgage originations — the largest independent study of its kind. The typical borrower overpays by $3,363 a year, not because better rates don’t exist, but because borrowers did not use Bankrate. We exist to save you money.
Explore the data
$3k+
In avoidable annual costs for the typical borrower
$78k
In excess costs over the life of the loan
$65B
Drained annually from U.S. households by above-market rates
Featured by names you know and trust
The latest
Should you use a home equity loan to pay off your debts?
It can be a smart strategy, provided you understand what you’re risking.
August 24, 2026
What credit score is needed to refinance your mortgage?
If you have bad credit, you need to find ways to compensate for the additional risk.
August 24, 2026
Mortgage rate history: 1972 to 2026
Today’s mortgage rates aren’t all that different from the rates of years past. Here’s how they compare.
August 24, 2026
Fixed-rate vs. adjustable-rate mortgages: What’s the difference?
One offers certain, unchanging payments; the other, a chance to pay less interest.
August 20, 2026
What is a down payment?
A home down payment is the part of a home’s purchase price you pay upfront.
August 20, 2026
Should you refinance with the same lender?
Find out if your lender can offer you a better deal.
August 20, 2026