30-Year Fixed Mortgage Rate
6.560%Current national average · Updated 2026-05-05
What is a 30-Year Fixed?
Most popular mortgage with stable payments over 30 years
Pros
- Predictable monthly payments
- Lower monthly payment than 15yr
- More purchasing power
- Payment flexibility
Cons
- Higher total interest over life of loan
- Builds equity slower
- Higher rate than shorter terms
Quick Facts
Current Rate
6.560%
Min. Down Payment
3%
Min. Credit Score
620
Best For
First-time buyers seeking payment stability and long-term homeowners
Top Lenders for 30-Year Fixed
| Lender | 30-Year Fixed Rate | APR | Action |
|---|---|---|---|
| ⚓Navy Federal CU | 6.450% | 6.600% | Apply |
| 🗽Freedom Mortgage | 6.500% | 6.650% | Apply |
| 🏘PennyMac | 6.525% | 6.675% | Apply |
| 🏡United Wholesale Mortgage | 6.550% | 6.700% | Apply |
| ✨Better Mortgage | 6.550% | 6.700% | Apply |