Current Mortgage Rates
Competitive rates updated daily. Rates shown are for qualified borrowers and may vary based on individual circumstances.
Effective Date: August 15, 2025
| Loan Product | Rate | APR | Points | Payment per $1,000 |
|---|---|---|---|---|
| 30-Year Fixed Conventional | 6.875% | 7.125% | 0.00 | $6.57 |
| 15-Year Fixed Conventional | 6.375% | 6.725% | 0.00 | $8.71 |
| 30-Year Fixed FHA | 6.750% | 7.850% | 0.00 | $6.49 |
| 30-Year Fixed VA | 6.625% | 6.890% | 0.00 | $6.32 |
| 5/1 ARM Conventional | 6.250% | 7.125% | 0.00 | $6.16 |
Rate Assumptions
- • Loan amount: $400,000
- • Credit score: 740+
- • Loan-to-value ratio: 80%
- • Owner-occupied primary residence
- • Single-family detached home
- • 45-day rate lock period
Factors That Affect Your Rate
Credit Score
Higher credit scores typically qualify for better interest rates. We work with borrowers across the credit spectrum.
Down Payment
Larger down payments often result in lower rates and may eliminate the need for mortgage insurance.
Loan Term
Shorter loan terms typically offer lower rates but higher monthly payments. We'll help you find the right balance.
Property Type
Single-family homes often get the best rates, while condos and investment properties may have slightly higher rates.
Debt-to-Income Ratio
Lower debt-to-income ratios demonstrate financial stability and may qualify for better pricing.
Market Conditions
Economic factors and Federal Reserve policies influence mortgage rates. We monitor markets daily.
Important Rate Information
Rates subject to change without notice. Annual Percentage Rate (APR) may be higher and includes applicable fees. Rates shown are for qualified borrowers and may vary based on credit score, loan-to-value ratio, property type, and other factors.
This is not a commitment to lend. All loans subject to credit approval. Rates and fees subject to change. Contact us for a personalized rate quote based on your specific situation.
Equal Housing Lender. NMLS #123456.
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