During 2025, Bankrate's top offer outperformed 99.75% of offers by 300+ banks and credit unions — surveyed weekly. Based on an 8-year cost of loan calculation (including interest payments, lender fees and points). Comparison of Bankrate's best quoted offer clicked by a user each day in 2025 for a 30-year fixed purchase, $310k-$330k loan with 20% down, 700-780 FICO, primary residence, single family) against rates from all institutions surveyed by Bankrate for similar loan each applicable day (assuming $320k loan, 740 FICO). Bankrate is not a lender. Learn more about our methodology.
During 2025, Bankrate's average rate saved its consumers $73,397 on their expected 30-year mortgage cost. Savings based on a modeled comparison of Bankrate's monthly average clicked-on rate in 2025 for purchases and refinances and Freddie Mac's average published mortgage rate, with savings calculated over a 30-year term using Bankrate's average loan amount. Freddie Mac's survey criteria differ from Bankrate data, and fees and points are excluded for both. Not actual realized consumer savings; actual savings vary based on loan terms, rates, costs, and how long the loan is held. Bankrate is not a lender. Learn more about our methodology.
Based on 2025 refinance mortgage originations for which a comparable Bankrate benchmark was available, not all refinance borrowers. The figure compares the estimated total cost of each borrower's actual loan, as reported under HMDA, against the estimated total cost of a loan benchmarked by Bankrate for borrowers with a similar credit profile over an assumed 8-year loan duration and includes points, fees, and interest. "Overpay" refers to a higher modeled 8-year total cost on the actual loan, and does not reflect an independent or market-wide determination that any individual overpaid. The $2,462 figure is the average across all refinance borrowers in this population, counting those who did not pay more as $0, expressed on an annual basis. Individual results vary.
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