Many companies featured on Money advertise with us. Opinions are our own, but compensation and
in-depth research may determine where and how companies appear. Learn more about how we make money.

Published: Feb 10, 2022 10 min read
Money; Getty Images

Average mortgage rates are higher on most loan types today. Borrowers looking for a 30-year fixed-rate purchase loan will see rates averaging 4.248%, up from yesterday. Meanwhile, those on the hunt for a 15-year loan will see slightly lower rates than a day ago, with an average of 3.289%. The 5/1 adjustable-rate loan is up to 2.905%.

If you're shopping for a 30-year fixed-rate refinance loan, expect higher rates averaging 4.321%. The average rate for a 15-year refi edged lower to 3.371% and the 5/1 ARM is up to 2.953%.

  • The latest rate on a 30-year fixed-rate mortgage is 4.248%.
  • The latest rate on a 15-year fixed-rate mortgage is 3.289%. ⇓
  • The latest rate on a 5/1 ARM is 2.905%. ⇑
  • The latest rate on a 7/1 ARM is 3.181%. ⇑
  • The latest rate on a 10/1 ARM is 3.267%. ⇑

Money's daily mortgage rates reflect what a borrower with a 20% down payment and a 700 credit score — roughly the national average score — might pay if he or she applied for a home loan right now. Each day's rates are based on the average rate 8,000 lenders offered to applicants the previous business day. Freddie Mac's weekly rates will generally be lower, since they measure rates offered to borrowers with higher credit scores.

Looking for a loan? Check out Money's lists of the best mortgage lenders and best refinance lenders.

Today's 30-year fixed-rate mortgage rates

  • The 30-year rate is 4.248%.
  • That's a one-day increase of 0.018 percentage points.
  • That's a one-month increase of 0.376 percentage points.

Rates are subject to change. All information provided here is accurate as of the publish date.