Current mortgage rates.
Rates below are general market indications for a well-qualified borrower. Your actual rate depends on credit score, loan amount, property type, down payment, and loan program.
Request a Custom Rate QuoteDaily average rates from the Optimal Blue Mortgage Market Indices (OBMMI), based on actual locked rates nationwide. Indications only — your rate will differ.
Why rates matter less than you think
The rate you see advertised is rarely the rate you pay — or the number that actually matters most to your bottom line. The true cost of a mortgage includes the APR (annual percentage rate), which factors in closing costs, points, and lender fees. Two loans with the same interest rate can have very different actual costs depending on how those fees are structured. We always show you the full picture side by side before you decide.
The loan program matters just as much as the rate. An FHA loan might carry a slightly lower rate than a conventional loan, but the required mortgage insurance premium could make it more expensive overall. A VA loan might have the lowest rate of all — but only if you qualify. Understanding which program genuinely fits your situation often matters more than chasing a number.
If you've seen a rate advertised online or at a big bank, give us a call. We'll give you an honest, side-by-side comparison based on your actual credit, loan amount, and goals — not a teaser rate designed to get your attention. That's what education-based lending looks like.
What affects your interest rate
Credit Score
Your credit score is one of the biggest factors. Higher scores typically unlock lower rates and better terms.
Down Payment
More down means less risk to the lender — and often a lower rate. Even small increases in down payment can make a meaningful difference.
Loan Program
FHA, VA, USDA, conventional, and jumbo loans all have different rate structures. The right program for you depends on more than just the rate.
Property Type
Primary residences typically get the best rates. Second homes and investment properties usually carry a higher rate.
Rates shown are general market indications only and do not constitute a commitment to lend. Individual rates and terms depend on credit profile, loan-to-value ratio, property type, occupancy, loan amount, and other factors. All loans subject to credit approval. First Look Home Loans NMLS #1898199. Contact us for a personalized rate quote based on your specific situation.
Want a rate built for your situation?
General market rates are a starting point. Talk to Austin for a quote that reflects your actual credit, purchase price, and goals.
NMLS #1898199 · Austin Williams NMLS #885656 · Equal Housing Opportunity