Rates have trended slightly downward recently. Freddie Mac reported a weekly average of 6.23% for the 30-year fixed rate as of April 23, marking the lowest level in the last three spring homebuying seasons.
Current volatility is driven by shifting 10-year Treasury yields , which mortgage rates closely track. Factors like lower oil prices and growing hopes for diplomatic resolutions to international conflicts have recently eased upward pressure on rates.
Your personal rate will vary significantly based on your FICO score . For example, a score of 760+ may qualify for rates around 6.35% , while a score of 620 could see rates as high as 7.14% . 2026 Forecast
On , the national average interest rate for a 30-year fixed mortgage is 6.40% . Current rates for common loan types include: 30-Year Fixed: 6.40% interest (6.46% APR). 15-Year Fixed: 5.82% APR. FHA (30-Year): 6.46% interest (6.51% APR). VA (30-Year): 6.53% interest (6.58% APR). Jumbo (30-Year): 6.67% interest (6.71% APR). Market Trends & Drivers