30-Year Fixed Mortgage Rates

The average 30-year fixed rate is 6.78% today. On a $400,000 loan, that's $2,607/month.

The average 30-year fixed rate is 6.78% today. On a $400,000 loan, that’s $2,607/month.

Updated April 1, 2026

Product	Rate	APR	Change	Payment
30-Year Fixed	6.78%	6.82%	▼ 0.03%	$2,607/mo
30-Year Fixed (Points)	6.5%	6.72%	▼ 0.02%	$2,528/mo
30-Year Fixed FHA	6.35%	7.12%	▲ 0.01%	$2,494/mo
30-Year Fixed VA	6.15%	6.42%	▼ 0.05%	$2,441/mo

What Is a 30-Year Fixed-Rate Mortgage?

A 30-year fixed-rate mortgage has a repayment term of 30 years with an interest rate that stays the same for the entire duration. It is the most popular mortgage product in the United States, chosen by approximately 90% of homebuyers.

Who Should Choose a 30-Year Fixed?

First-time homebuyers who want the lowest possible monthly payment. Borrowers who value stability and want predictable housing costs. Families with tight budgets who need lower monthly payments.

Frequently Asked Questions

What is the average 30-year fixed rate right now?

Approximately 6.78% for borrowers with excellent credit and a 20% down payment.

How much does a 0.25% rate difference save?

On a $400,000 loan, a 0.25% reduction saves about $60/month or $21,600 over the loan’s life.

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