Compare current 10-year mortgage rates

By Zach Wichter

On , the national average 10-year fixed mortgage APR is 2.620%. The average 10-year refinance APR is 2.600%, according to Bankrate’s latest survey of the nation’s largest mortgage lenders.

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How to use our mortgage rate table

The table above will show you estimated mortgage rates from different lenders, tailored to you. Fill out the fields above as accurately as possible so we can get a sense of where you live, what you’re looking to do and your financial situation. Based on the information provided, you will get custom quotes and be on your way to getting a new mortgage. This is an estimate; your actual rate will depend on a number of factors.

Today’s 10-year mortgage rates

The table below brings together a comprehensive national survey of mortgage lenders to help you know what are the most competitive mortgage interest rates. This interest rate table is updated daily to give you the most current rate when choosing a mortgage home loan.

Product Interest Rate APR
10-Year Fixed Rate 2.430% 2.620%
15-Year Fixed Rate 2.460% 2.700%
20-Year Fixed Rate 3.040% 3.200%
30-Year Fixed Rate 3.180% 3.350%
30-Year Fixed-Rate VA 2.820% 2.990%
7/1 ARM 2.920% 3.820%
5/1 ARM 2.800% 3.920%
10/1 ARM 3.070% 4.040%
30-Year Fixed-Rate FHA 2.720% 3.590%
30-Year Fixed-Rate Jumbo 3.180% 3.280%
15-Year Fixed-Rate Jumbo 2.460% 2.530%
7/1 ARM Jumbo 3.090% 3.660%
5/1 ARM Jumbo 2.950% 3.600%

How Bankrate mortgage rates are calculated

Lenders nationwide provide weekday mortgage rates to our comprehensive national survey to bring you the most current rates available. Here you can see the latest marketplace average rates for a wide variety of purchase loans. The interest rate table below is updated daily to give you the most current purchase rates when choosing a home loan. APRs and rates are based on no existing relationship or automatic payments. For these averages, the customer profile includes a 740 FICO score and a single-family residence. To learn more, see understanding Bankrate rate averages.

Why trust Bankrate?

Bankrate has been the authority in personal finance since it was founded in 1976 as the “Bank Rate Monitor,” a print publication for the banking industry. Bankrate has been surveying and collecting mortgage rate information from the nation’s largest lenders for more than 30 years. Hundreds of top publications, such as The New York Times, Wall Street Journal, CNBC and others, depend on Bankrate as a trusted source of financial information, so you know you’re getting information you can trust.

Top 5 Bankrate 10-year mortgage lenders

  • Third Federal Savings and Loan – Best bank lender
  • Cardinal Financial Company – Best non-bank lender
  • Fairway Independent Mortgage Corporation – Best overall
  • First Mortgage Direct – Best no-fee lender
  • HSBC Bank – Best for refinancing


Bankrate helps thousands of borrowers find mortgage and refinance lenders every day. To determine the top mortgage lenders, we analyzed proprietary data across more than 150 lenders to assess which on our platform received the most inquiries within a three-month period. We then assigned superlatives based on factors such as fees, products offered, convenience and other criteria. These top lenders are updated regularly.

Third Federal Savings and Loan – Best bank lender

Third Federal Savings and Loan Association is a bank and lender in 25 states and Washington, D.C., with branch locations in Ohio (where it was founded) and Florida. The bank offers mortgage products including fixed- and adjustable-rate loans, 10-year loans, jumbo loans and bridge loans.

Strengths: Borrowers can find 10-year and other mortgage rates updated on Third Federal’s website daily, including for the bank’s 10-year low-cost loan, which costs just $295. The bank also offers a $1,000 rate guarantee and free 60-day rate lock (with an additional 60-day lock or extended 240-day lock, if needed). Third Federal also services all of its loans, so your mortgage will be originated and managed by the same entity.

Weaknesses: Third Federal is not licensed in every state, and if you’re looking for a government loan (such as an FHA loan), you’ll have to look elsewhere.

Read Bankrate's Third Federal Savings and Loan user reviews

Cardinal Financial Company – Best non-bank lender

Cardinal Financial Company, which also does business as Sebonic Financial, is a national mortgage lender with both brick-and-mortar locations and online service. It offers a diverse range of mortgage products, including conventional and government loans.

Strengths: Cardinal Financial is one of many mortgage lenders that accepts a down payment as low as 3 percent for a conventional loan (if you’re eligible). The lender also accepts lower credit scores for some government loans, which can make it easier to get approved for a mortgage.

Weaknesses: You won’t find a breakdown of interest rates or costs on Cardinal Financial’s website; you’ll need to fill out a form online to consult with a loan officer and get a rate quote.

Read Bankrate's Cardinal Financial mortgage review

Fairway Independent Mortgage Corporation – Best overall

Fairway Independent Mortgage Corporation, which also does business as Homefinity, is a large national mortgage lender that prides itself on its ability to quickly turn around mortgages, including 10-year loans.

Strengths: If you have a lower credit score, Fairway Independent Mortgage Corporation can help you boost it through its credit program, which creates a credit improvement plan for you free of charge.

Weaknesses: If you want to get preapproved, you’ll need to contact a loan officer directly; you can only get prequalified online.

Read Bankrate's Fairway Independent Mortgage Corporation review

First Mortgage Direct – Best no-fee lender

First Mortgage Direct, the online division of First Mortgage Solutions, offers both purchase loans and refinancing to borrowers in several states.

Strengths: First Mortgage Direct never charges hidden fees and doesn’t participate in limited-time offers, so you can rest assured you’re getting the best rates and terms available based on your circumstances.

Weaknesses: First Mortgage Direct is only available in California, Colorado, Connecticut, Florida, Georgia, Idaho, Illinois, Kansas, Missouri, Nebraska, New Jersey, Oregon, Pennsylvania, South Carolina, North Carolina, Tennessee, Texas, Virginia and Washington.

Read Bankrate's First Mortgage Direct review

HSBC Bank – Best for refinancing

HSBC Bank is a bank and lender with over 40 million customers worldwide. The bank offers a multitude of home loan products, including 10-year to 30-year fixed-rate mortgages.

Strengths: Among its online capabilities, HSBC Bank offers daily interest rates on some products and an easy-to-follow calculator so you can estimate how much refinancing would save.

Weaknesses: The bank doesn’t offer interest rate and APR information for all of its products online

Read Bankrate's HSBC Bank USA mortgage user reviews

What you need to know about 10-year mortgages

How to find the best mortgage for you

Once you’ve decided which term is right for you, you’ll want to do your due diligence to find the best mortgage. Here are five kinds of mortgages to consider. You’ll want to do some research and compare mortgage rates from several entities, which could include traditional banks, online lenders and mortgage brokers. Prepare by reviewing your credit report to confirm it’s correct and have an idea of how much you can afford to pay each month.

The good news is that any time of year can be a good time to shop for a mortgage. “Mortgage rates are tied to the bond market, so there's not a good or bad season,” Moffitt explains. He adds that fees for a 10-year mortgage will be similar to those of other mortgages.

If you choose a mortgage with a longer repayment term and decide you want to pay it off faster — say in 10 years — calculate what your monthly payment would be if you had a 10-year mortgage rate and pay that amount each month. Be sure to instruct your lender to apply the extra funds to the principal. This is a good option for borrowers who want to pay aggressively but who don’t want to be locked into higher payments.

Other useful tools:

Written by: Zach Wichter, mortgage reporter for Bankrate

Zach Wichter is a mortgage reporter at Bankrate. He previously worked on the Business desk at The New York Times where he won a Loeb Award for breaking news, and covered aviation for The Points Guy.

Read more from Zach Wichter

Learn more about specific loan type rates
Loan Type Purchase Rates Refinance Rates
The table above links out to loan-specific content to help you learn more about rates by loan type.
30-Year Loan 30-Year Mortgage Rates 30-Year Refinance Rates
20-Year Loan 20-Year Mortgage Rates 20-Year Refinance Rates
15-Year Loan 15-Year Mortgage Rates 15-Year Refinance Rates
10-Year Loan 10-Year Mortgage Rates 10-Year Refinance Rates
FHA Loan FHA Mortgage Rates FHA Refinance Rates
30-Year FHA Loan 30-Year FHA Loan Rates 30-Year FHA Refinance Rates
VA Loan VA Mortgage Rates VA Refinance Rates
ARM Loan ARM Mortgage Rates ARM Refinance Rates
5/1 ARM 5/1 ARM Rates 5/1 Refinance Rates
7/1 ARM 7/1 ARM Rates 7/1 Refinance Rates
10/1 ARM 10/1 ARM Rates 10/1 Refinance Rates
Jumbo Loan Jumbo Mortgage Rates Jumbo Refinance Rates
30-Year Jumbo Loan 30-Year Jumbo Loan Rates 30-Year Jumbo Refinance Rates