Compare current mortgage rates from top lenders. Rates are verified weekly from primary sources including Freddie Mac and individual lender disclosures.
Rates verified April 2026. Source: Freddie Mac PMMS & lender disclosures. How we verify rates →
| Lender | 30-Yr Fixed | 15-Yr Fixed | 5/1 ARM | Min. Down | Min. Credit Score | WiseIQ Score |
|---|---|---|---|---|---|---|
| Better Mortgage TOP PICK | 6.25% | 5.75% | 5.99% | 3% | 620 | 9.3/10 |
| Rocket Mortgage | 6.35% | 5.85% | 6.10% | 3% | 620 | 9.1/10 |
| loanDepot | 6.40% | 5.90% | 6.15% | 3% | 620 | 8.9/10 |
| Chase Home Lending | 6.50% | 5.99% | 6.25% | 3% | 640 | 8.8/10 |
| Wells Fargo | 6.55% | 6.05% | 6.30% | 3% | 620 | 8.6/10 |
Rates are APR estimates as of April 2026. Actual rates depend on credit score, down payment, loan amount, and property type. Source: Lender websites and Freddie Mac PMMS.
Your credit score is the single biggest factor in determining your mortgage rate. On a $350,000 30-year fixed mortgage, the difference between a 620 and a 760 credit score can mean paying over $100,000 more in total interest over the life of the loan.
| Credit Score Range | Typical Rate (30-Yr) | Monthly Payment* | Total Interest Paid* |
|---|---|---|---|
| 760–850 (Exceptional) | 6.25% | $2,155 | $425,800 |
| 700–759 (Good) | 6.50% | $2,213 | $446,680 |
| 680–699 (Fair-Good) | 6.75% | $2,271 | $467,560 |
| 620–679 (Fair) | 7.25% | $2,390 | $510,400 |
*Based on $350,000 loan, 20% down payment. For illustrative purposes only.
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As of April 2026, the average 30-year fixed mortgage rate is approximately 6.47% APR, according to Freddie Mac's Primary Mortgage Market Survey. Rates vary by lender, credit score, down payment, and loan type.
Most economists project that 30-year mortgage rates will gradually decline toward 6.0–6.25% by late 2026, assuming the Federal Reserve continues its current rate path. However, mortgage rate forecasts are highly uncertain.
To qualify for the best mortgage rates, most lenders require a credit score of 740 or higher. Borrowers with scores between 700–739 typically pay 0.25–0.50% more in rate. Scores below 620 may need FHA financing.
The interest rate is the base cost of borrowing. APR (Annual Percentage Rate) includes the interest rate plus lender fees, points, and other costs — making it a more complete measure of the true cost of the loan. Always compare APRs when shopping for mortgages.
Sources: Freddie Mac Primary Mortgage Market Survey (freddiemac.com) · Consumer Financial Protection Bureau (consumerfinance.gov) · Federal Reserve (federalreserve.gov) · Individual lender websites · Last reviewed: April 2026