Best Mortgage Rates This Week (Updated Daily)

Current Mortgage Rate Trends

Mortgage rates have stabilized in early 2026 after the Federal Reserve's recent policy decisions. Here's what you need to know:

30-Year Fixed Mortgage Rates

• National Average: 6.25% APR
• Excellent Credit (760+): 5.99% APR
• Good Credit (700-759): 6.25% APR
• Fair Credit (640-699): 6.75% APR

15-Year Fixed Mortgage Rates

• National Average: 5.75% APR
• Excellent Credit: 5.49% APR
• Good Credit: 5.75% APR

FHA Loan Rates

Current Rate: 6.00% APR (3.5% down payment)

FHA loans are ideal for first-time homebuyers with lower credit scores (as low as 580).

VA Loan Rates

Current Rate: 5.85% APR (0% down payment for eligible veterans)

VA loans offer the best rates and no PMI requirement.

Should You Refinance?

Consider refinancing if:

• Your current rate is 0.75% or higher than today's rates
• You plan to stay in your home for 3+ years
• Your credit score has improved since you bought
• You want to switch from ARM to fixed-rate

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Top Lenders This Week

1. Rocket Mortgage - 6.15% (30-year fixed)
2. Better.com - 6.20% (30-year fixed)
3. Quicken Loans - 6.25% (30-year fixed)
4. Chase - 6.30% (30-year fixed)
5. Wells Fargo - 6.35% (30-year fixed)

Rate Forecast: What's Next?

Experts predict mortgage rates will remain in the 6.0-6.5% range through Q1 2026. The Federal Reserve's next meeting in March could impact rates.

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Important Disclaimer

This article is for informational and educational purposes only and should not be construed as financial, investment, tax, or legal advice. Financial markets and regulations are subject to change, and individual circumstances vary. Always consult with qualified professionals before making financial decisions. Past performance does not guarantee future results.

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