Current Mortgage Rates – Mortgage Interest Rates Today

What is today’s mortgage rate?

The average 30-year fixed mortgage rate is 4.68%, down from 4.70% last week. 15-year fixed mortgage rates are 4.11%, down from 4.13% last week. Additional mortgage rates can be found in the chart and graph below.
Today’s Mortgage Interest Rates
3-month trend 30-year fixed rate 15-year fixed rate 5/1 ARM 30-year jumbo
7/18/2018 4.68% 4.11% 4.13% 4.61%
7/11/2018 4.70% 4.13% 4.14% 4.61%
7/3/2018 4.71% 4.13% 4.16% 4.62%
6/27/2018 4.71% 4.13% 4.12% 4.62%
6/20/2018 4.70% 4.15% 4.12% 4.63%
6/13/2018 4.76% 4.18% 4.16% 4.70%
6/6/2018 4.70% 4.16% 4.11% 4.60%
5/30/2018 4.64% 4.07% 4.04% 4.51%
5/23/2018 4.80% 4.23% 4.19% 4.65%
5/16/2018 4.78% 4.22% 4.19% 4.64%

What is a good mortgage interest rate?

A good mortgage interest rate is typically at least equal to the average rate for the mortgage type you are seeking. Ideally, a good mortgage rate should be lower than the average rate. Read this guide to find out how you can get the best mortgage rate.

What is the APR on a mortgage?

The APR, or annual percentage rate, on a mortgage reflects the interest rate, as well as other costs such as broker fees, discount points and some closing costs. The APR is expressed as a percentage. Learn more about a mortgage’s APR, and how it differs from the interest rate.

What is the best credit score to get a mortgage?

A 760 credit score or higher generally will qualify you for the best mortgage rates. However, you don’t need excellent credit to qualify for a mortgage. It’s difficult but possible to get a mortgage with a credit score under 620. Find out more about how your credit score affects your mortgage rate.

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