What is the current mortgage rate?

Additionally, the current national average 15-year fixed mortgage rate increased 1 basis point from 5.99% to 6.00%. The current national average 5-year ARM mortgage rate is down 1 basis point from 7.26% to 7.25%. Adjust the graph below to see historical mortgage rates tailored to your loan program, credit score, down payment and location.

How often do mortgage rates change?

Mortgage rates change daily and can vary widely depending on a variety of factors, including the borrower's personal situation. The difference in mortgage rates can mean spending tens of thousands of dollars more (or less) in interest over the life of the loan. Here are some tactics to help you find the best mortgage rate for your new home loan:

When is the Mortgage News Daily Rate Index published?

The Mortgage News Daily rate index is published daily (weekdays) around 4PM EST. Learn About Our Rate Survey 30 Yr. Fixed 15 Yr. Fixed 30 Yr. Jumbo 30 Yr. FHA 30 Yr. VA More Charts: 30YR | 15YR | 30YR Jumbo | 30YR FHA | 5/1 ARM today. This may result in minimal positive impact on mortgage rates today.