What do mortgages cost today?
Average US mortgage rates by loan type, updated each business day, and the 30 year rate back to 1971. Drag the slider to any date, or press play to watch rates move.
30 year mortgage history · Oct 8, 2026
The value axis is fixed across the whole range, so playback draws each line forward in time rather than rescaling. Daily rates start in January 2017; Freddie Mac’s weekly survey reaches back to April 1971.
Current mortgage rates
Average rates for the most common home loans on Oct 8, 2026. They move daily with bond yields, mortgage-backed securities and Federal Reserve policy; the rate a borrower is offered also depends on credit score, deposit, points and lender fees.
| Mortgage type | Rate | Change | Previous | As of |
|---|---|---|---|---|
| 30 Year Fixed Mortgage | 7.42% | −0.01 | 7.43% | Oct 8, 2026 |
| 15 Year Fixed Mortgage | 6.74% | −0.07 | 6.81% | Oct 8, 2026 |
| 30 Year Jumbo Mortgage | 7.37% | −0.15 | 7.53% | Oct 8, 2026 |
| 30 Year FHA Mortgage | 7.18% | −0.03 | 7.21% | Oct 8, 2026 |
| 30 Year VA Mortgage | 7.09% | −0.04 | 7.13% | Oct 8, 2026 |
| 30 Year USDA Mortgage | 7.12% | −0.06 | 7.18% | Oct 8, 2026 |
| 30 Year Fixed · Freddie Mac Mortgage | 7.40% | +0.12 | 7.28% | Oct 8, 2026 |
| 15 Year Fixed · Freddie Mac Mortgage | 6.73% | +0.13 | 6.60% | Oct 8, 2026 |
Daily rates: Optimal Blue Mortgage Market Indices (locked rates across lenders, via FRED; copyright Optimal Blue, used with permission). Weekly: Freddie Mac Primary Mortgage Market Survey (copyright Freddie Mac, reprinted with permission). Change is in percentage points against each series’ previous day or week; a falling rate is shown as good for borrowers.
Rates by loan type
Mortgage rate minus 10 year Treasury
Lenders price 30 year mortgages off the 10 year Treasury, since most are repaid or refinanced within about ten years. The gap covers their credit, prepayment and funding risk; it widens when those risks, or rate volatility, rise.