Mortgage Rates Today Compare current mortgage and refinance rates TABLE OF CONTENTS How to Use Our Mortgage Rate Table How to Shop tor Mortgage Rates How Big a Mortgage Can Attord? What Is a Mortgage Rate? How Are Mortgage Rates Set? Does the Federal Reserve Decide Mortgage R. Do Ditferent Mortgage Types Have Different Are Interest Rates and APR The Same? EXPANDA Updated: March 18,2022 As of today; March 18,2022,the benchmark 30-Year Fixed mortgage rate is 4.71%, FHA 30-Year Fixed is 4.57%, Jumbo 30-Year Fixed is 4.279; 15-Year Fixed is 3.85%,and 5/1 ARM is 3.71%. These rates are not the teaser rates you may see advertised online and based on our methodology should be more representative of what customers could expect to be quoted depending on their qualifications. You can learn more about what makes our rates different in the Methodology section ofthis page Because morteage rates can differit's important to compare rates before taking out a home Joan