Today's Mortgage Rates
Mortgage rates change daily based on the market. Here are today's mortgage rates.
|Loan Option||Rate/APR||1 Day Rate/APR Change||1 Year Rate/APR Change|
|30-Year Fixed *||3.125% / 3.392%||0% / 0.011%||0.25% / 0.236%|
|15-Year Fixed *||2.5% / 2.938%||0% / 0.018%||0.25% / 0.24%|
|FHA 30-Year Fixed *||2.625% / 3.585%||0.125% / 0.13%||1.125% / 1.166%|
|VA 30-Year Fixed *||2.625% / 3.071%||0% / 0.021%||0.865% / 0.875%|
These rates are current as of 2:18 PM UTC on May 13, 2021
Mortgage Rates Trends
See how rates are trending over the last day or year to determine if now is the best time to apply.
Discount Points: Closest to 2 points is assumed
Calculate Your Mortgage Payments
See what your mortgage payment could be with today's rates.
How to Know What Your Mortgage Rate Will Be
The mortgage rates listed above are some of our lowest available for these popular loan options. These aren't necessarily the rates you'll get when you apply. Your rate depends on many factors such as your credit, your loan amount and your down payment.
The most accurate way to see what your rate could be is to speak with a Home Loan Expert or apply online with Rocket Mortgage. After you provide some basic information, we'll match you with a loan option and rate that meet your financial goals.
Picking the Right Mortgage
It's important to match your mortgage to your financial goals. Here are some goals you may have in mind and the loan options that could help you reach them.
A Consistent Monthly Payment
Fixed-rate loans are a great option if you want a monthly payment that won't change. A fixed interest rate means your rate stays the same for the life of the loan – so your payment will only change if your taxes or insurance premiums do. Many of our clients opt for 30- or 15-year fixed-rate loans.
Adjustable rate mortgages (ARMs) may offer lower initial rates than some other loan types. ARMs are a great option if you expect to sell your house or refinance before the initial fixed-rate period ends. A popular ARM is the 5-year ARM, which is a 30-year mortgage with an initial fixed-rate period of five years.
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Quicken Loans has been providing our clients with award-winning service since 1985. We service 99% of our loans, which means you’ll get the same care and attention throughout the entire life of your loan.