As of today, November 29, 2021, the benchmark 30-Year Fixed mortgage rate is 3.39%, FHA 30-Year Fixed is 3.38%, Jumbo 30-Year Fixed is 3.45%; 15-Year Fixed is 2.63%, and 5/1 ARM is 2.53%. These rates are not the teaser rates you may see advertised online and based on our methodology should be more representative of what customers could expect to be quoted depending on their qualifications. You can learn more about what makes our rates different in the Methodology section of this page.

Because mortgage rates can differ, it’s important to compare rates before taking out a home loan. We’ve compiled the best rates for the various types of mortgages, and common questions you may have to help you understand what might affect the final rate you’ll receive.

Today’s Mortgage Rates

Loan Type	Purchase	Refinance
30-Year Fixed	3.39%	3.53%
FHA 30-Year Fixed	3.38%	3.68%
VA 30-Year Fixed	3.43%	3.72%
Jumbo 30-Year Fixed	3.45%	3.64%
20-Year Fixed	3.20%	3.32%
15-Year Fixed	2.63%	2.73%
Jumbo 15-Year Fixed	3.23%	3.50%
10-Year Fixed	2.60%	2.71%
10/1 ARM	2.73%	3.92%
10/6 ARM	4.29%	4.55%
7/1 ARM	2.56%	2.76%
Jumbo 7/1 ARM	2.32%	2.61%
7/6 ARM	4.17%	4.38%
Jumbo 7/6 ARM	2.83%	3.10%
5/1 ARM	2.53%	3.34%
Jumbo 5/1 ARM	2.18%	2.45%
5/6 ARM	3.87%	4.07%
Jumbo 5/6 ARM	2.73%	2.91%

How to Use Our Mortgage Rate Table

Our mortgage rate table is designed to help you compare the rates you’re being offered by lenders to know if it is better or worse. These rates are benchmark rates for those with good credit and not the teaser rates that make everyone think they will get the lowest rate available. Of course, your personal credit profile will be a significant factor in what rate you actually get quoted from a lender, but you will be able to shop for either new purchase or refinance rates with confidence.

Source: Investopedia
Written By: Sarah Li Cain