Oklahoma mortgage and refinance rates for July 2026

Written by

Andrew Dehan

Edited by

Alice Holbrook,

Reviewed by

Thomas Brock, CFA, CPA,

Expert verified

Updated on July 03, 2026

On Friday, July 03, 2026, the national average 30-year fixed mortgage APR is 6.61%. The national average 30-year fixed refinance APR is 6.79%, according to Bankrate's latest survey of the nation's largest mortgage lenders.

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Oklahoma mortgage and refinance rates today

Showing results for: Single-family home, 30 year fixed and 5 year ARM mortgages with all points options.

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Optimum First Mortgage 30 Year Fixed

NMLS #240415 | State Lic: ML015077

Rate as of 7/3/26: 5.623%
APR: 5.869%
Points: 1.927
Monthly payment: $1,611
Upfront costs: $7,3918 year cost: $125,526
Customer score

First Federal Bank 30 Year Fixed

NMLS #408902

Rate as of 7/3/26: 5.750%
APR: 5.973%
Points: 1.96
Monthly payment: $1,635
Upfront costs: $6,6838 year cost: $128,020
Customer score

Tomo Mortgage 30 Year Fixed

NMLS #2059741

Rate as of 7/3/26: 5.750%
APR: 5.998%
Points: 1.935
Monthly payment: $1,638
Upfront costs: $7,1188 year cost: $128,085
Customer score

The Central Trust Bank 30 Year Fixed

NMLS #407985

Rate as of 7/3/26: 5.750%
APR: 6.001%
Points: 1.964
Monthly payment: $1,635
Upfront costs: $7,4898 year cost: $128,826
Customer score

Sage Home Loans 30 Year Fixed

NMLS #3304

Rate as of 7/3/26: 5.875%
APR: 6.113%
Points: 1.982
Monthly payment: $1,656
Upfront costs: $7,0448 year cost: $131,171
Customer score

Alliant Credit Union 30 Year Fixed

NMLS #197185

Rate as of 7/3/26: 6.125%
APR: 6.310%
Points: 1.599
Monthly payment: $1,701
Upfront costs: $5,4278 year cost: $135,148
Customer score

Mutual of Omaha Mortgage 30 Year Fixed

NMLS #1025894

Rate as of 7/3/26: 6.125%
APR: 6.346%
Points: 1.515
Monthly payment: $1,701
Upfront costs: $6,4808 year cost: $136,200
Customer score

First Residential Independent Mortgage 30 Year Fixed

NMLS #1907

Rate as of 7/3/26: 6.125%
APR: 6.371%
Points: 1.563
Monthly payment: $1,701
Upfront costs: $7,1768 year cost: $136,897
Customer score

New American Funding 30 Year Fixed

NMLS #6606

Rate as of 7/3/26: 6.375%
APR: 6.630%
Points: 1.735
Monthly payment: $1,747
Upfront costs: $7,3588 year cost: $142,160
Customer score

Optimum First Mortgage 5/6 Arm

NMLS #240415 | State Lic: ML015077

Rate as of 7/3/26: 5.373%
APR: 6.107%
Points: 1.941
Monthly payment: $1,568
Upfront costs: $7,4308 year cost: $124,159
Customer score

First Federal Bank 5/6 Arm

NMLS #408902

Rate as of 7/3/26: 5.250%
APR: 6.150%
Points: 1.865
Monthly payment: $1,547
Upfront costs: $6,4178 year cost: $134,116
Customer score

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Table of contents

Current mortgage rates in Oklahoma
Mortgage options in Oklahoma
First-time homebuyer programs in Oklahoma
How to find the best mortgage rate in Oklahoma for you
Additional Oklahoma mortgage resources

Current mortgage rates in Oklahoma

As of Friday, July 03, 2026, current interest rates in Oklahoma are 6.00% for a 30-year fixed mortgage and 5.38% for a 15-year fixed mortgage.

Mortgage rates in Oklahoma, like mortgage rates nationally, started 2025 around 7% and ended the year in the mid-6% range. Experts believe rates will remain in this range, perhaps decreasing modestly, through 2026.

Learn more: Latest mortgage rate forecast

Refinance rates in Oklahoma

Refinance rates aren't ideal for homeowners who scored their current rate during the pandemic. More than half of mortgage-holders have a rate below 4%, according to Realtor.com.

However, if you bought a home within the last few years and locked in a rate between 7% and 8%, now might be a good time to refinance. Even if you bought relatively recently, you may have more equity than you think. If you need money for a larger financial goal, such as home improvements or education, a cash-out refinance might meet your needs for a lower rate than other forms of borrowing.

Oklahoma mortgage rates by loan type

As you compare your options for the right mortgage to finance your home purchase, Bankrate’s data can help you see how any lender offers you receive stack up against national averages.

Product	Interest rate
30-Year Fixed Rate	6.00%
15-Year Fixed Rate	5.38%
15-Year Fixed Rate Jumbo	0.00%
30-Year Fixed Rate FHA Loan	0.00%
30-Year Fixed Rate VA Loan	0.00%
30-Year Fixed Rate Jumbo	6.17%
3/1 Adjustable Rate Mortgage	0.00%
7/1 Adjustable Rate Mortgage	0.00%

_{Rates as of Friday, July 03, 2026 at 6:30 AM}

Bankrate’s mortgage rates include national rate and APR averages; Bankrate Monitor (BRM) National Index rate averages; and “top offers”:
- National rate and APR averages: Displayed as daily and weekly averages, these rates and APRs are primarily collected from the five largest banks and thrifts across hundreds of markets in the U.S.
- Bankrate Monitor (BRM) National Index rate averages: Reported weekly, this long-standing survey collects rates from banks and thrifts across hundreds of markets in the U.S.
- “Top offers”: Displayed daily and weekly, these are an average of the rates listed first on our rate tables as advertised by our partners. The averages shown are based on the loan type and term selected.
You can compare national average mortgage rates to top offers to see how much you could save when shopping on Bankrate.

Learn more about how we collect, display and report mortgage rates.

Mortgage options in Oklahoma

If you're planning to buy a home in Oklahoma and will need to finance your purchase, consider these mortgage options:

To qualify for a conventional mortgage, you’ll need a minimum credit score of 620 and a debt-to-income (DTI) ratio of no more than 45%. With a down payment of less than 20%, you’ll need to pay private mortgage insurance (PMI) as well.
If your credit history disqualifies you from a conventional mortgage, you might be able to obtain a loan insured by the Federal Housing Administration (FHA). If you have a credit score of at least 580, FHA loans allow you to qualify with a down payment of as little as 3.5%.
If you’re a veteran or active-duty member of the military, you might qualify for a mortgage guaranteed by the Department of Veterans Affairs (VA). A VA loan doesn’t typically require a down payment or mortgage insurance, but you do need to pay a funding fee, which ranges from 1.25% to 3.3% of the loan amount for purchases.
If you’re buying a rural property in Oklahoma, you might be eligible for a mortgage guaranteed by the U.S. Department of Agriculture (USDA). USDA loans don’t require a down payment, but you’ll need to purchase in a designated rural area and meet the area’s income limits.
While most of Oklahoma’s housing stock costs much less than the national average, there are plenty of high-priced properties, too. If you’re hoping to buy a sprawling estate or a megamansion, you may need to look into jumbo loans. These require a larger down payment — typically at least 10% — and excellent credit.

Learn more: 5 types of mortgage loans for homebuyers

First-time homebuyer programs in Oklahoma

The Oklahoma Housing Finance Agency (OHFA) offers two main options to help buyers who need financial assistance to purchase a home:

Homebuyer Down Payment and Closing Cost Assistance: This down payment assistance loan offers up to 3.5% of the home’s purchase price. It doesn’t charge interest or fees, but it must be repaid when you pay off your mortgage, refinance, sell or move out of the home.
Reduced interest rates for public servants: Eligible public employees, including employees of state agencies, firefighters, law enforcement, EMTs and teachers, can receive an OHFA loan with a special, reduced interest rate.

Learn more: Oklahoma first-time homebuyer assistance programs

How to find the best mortgage rate in Oklahoma

Step 1: Strengthen your credit score

Before you start looking for a lender and applying for a loan, review your credit history and take steps to improve your score, such as paying down existing debt.
Step 2: Determine your budget

Have a good understanding of how much house you can afford before you go shopping.
Step 3: Know your mortgage options

There are a few different types of mortgages.
Step 4: Compare rates and terms from several lenders

Before choosing a lender, it’s a good idea to shop around and compare rates from several loan providers. It can also be helpful to read reviews of mortgage lenders to see what other borrowers think about specific providers.
Step 5: Get preapproved for a mortgage

Getting a mortgage preapproval is the only way to get accurate loan pricing for your specific situation. Plus, it will show sellers you’re serious when you make an offer.

Learn more: How to get a mortgage

Additional Oklahoma mortgage resources

Oklahoma loan limits by county

Learn the conforming loan limit for your city or town.

Oklahoma mortgage lenders

Explore mortgage lenders in your state.

Meet our Bankrate experts

Written by

Andrew Dehan Andrew Dehan

Former Senior Writer, Home Lending

Oklahoma mortgage and refinance rates for July 2026

Don't be like the 90% of buyers who overpay

Oklahoma mortgage and refinance rates today

How Bankrate works

How Bankrate works

Get lender information

Compare personalized rates

Get matched with lenders

Current mortgage rates in Oklahoma

Refinance rates in Oklahoma

Oklahoma mortgage rates by loan type

How Bankrate collects mortgage rates

Mortgage options in Oklahoma

Oklahoma conventional mortgages

Oklahoma FHA loans

Oklahoma VA loans

Oklahoma USDA loans

Oklahoma jumbo loans

First-time homebuyer programs in Oklahoma

How to find the best mortgage rate in Oklahoma

Step 1: Strengthen your credit score

Step 2: Determine your budget

Step 3: Know your mortgage options

Step 4: Compare rates and terms from several lenders

Step 5: Get preapproved for a mortgage

Additional Oklahoma mortgage resources

Meet our Bankrate experts

Mortgage rates in other states