Current Mortgage Rates

Source: Freddie Mac PMMS via FRED·Rates as of May 21, 2026·Updated weeklyLive

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Monthly payment shown for a $400,000loan, principal & interest only. Taxes and insurance not included.

30-Year Fixed

6.51%↑ 0.15%

Interest rate

6.59%

APR

$2,531/mo

$400,000loan · P&I only

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30-year term · $400,000 example loanRate increased this week

15-Year Fixed

5.85%↑ 0.14%

Interest rate

5.93%

APR

$3,343/mo

$400,000loan · P&I only

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15-year term · $400,000 example loanRate increased this week

5/1 Adjustable Rate (ARM)

Initial rate fixed for 5 years, then adjusts annually. APR reflects potential future rate changes.

6.06%↑ 0.11%

Interest rate

6.82%

APR

$2,414/mo

$400,000loan · P&I only

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30-year term · $400,000 example loanRate increased this week

FHA 30-Year Fixed

Requires mortgage insurance premium (MIP). Higher APR reflects upfront and annual MIP costs.

6.34%↑ 0.15%

Interest rate

7.13%

APR

$2,486/mo

$400,000loan · P&I only

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30-year term · $400,000 example loanRate increased this week

VA 30-Year Fixed

Available to eligible veterans, active-duty service members, and surviving spouses. No PMI required.

6.03%↑ 0.15%

Interest rate

6.26%

APR

$2,406/mo

$400,000loan · P&I only

Use in Calculator Get rate from Credible

30-year term · $400,000 example loanRate increased this week

Rates as of May 21, 2026, for reference only. The rates shown are national averages from the Freddie Mac PMMS via FRED and are published weekly. Your actual rate will depend on your credit score, down payment, loan size, property type, and lender. Contact a licensed lender for a personalized rate quote. Mortgage Reveal is not a lender and does not guarantee any rate shown here.

What's the difference between rate and APR?

The interest rate is what the lender charges to borrow the money. The APR (Annual Percentage Rate) includes the interest rate plus fees — origination, points, mortgage insurance. APR is the true cost of the loan. When comparing lenders, compare APRs, not just rates.

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