Investopedia EDUCATION MARKETS SIMULATOR YOUR MONEY ADVISORS ACADEMY Q Mortgage Rates Today Compare current mortgage and refinance rates ETABLE OF CONTENTS How to Use Qur Mortgage Rate Table How to Shop tor Mortgage Rates How Big a Mortgage Can / Attord? What Is Mortgage Rate? How Are Mortgage Rates Set? Does the Federal Reserve Decide Mortgage R; Do Ditterent Mortgage Types Have Ditterent R Are Interest Rates and APR The Same? EXPAND Updated: March 18,2022 As of 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 4.27%; 15-Year Fixed is 3.85%, and 5/1 ARM is 3.71%. These rates are not the teaser rates you 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 mortgage rates can differ; it's important to compare rates before taking out a home loan: We've compiled the best rates for the various types ofmortgages, and common questions you may have to help you understand what might affect the final rate you'Il receive. today; may