Transparent rates, no surprises
Mortgage rates can change frequently and are influenced by many factors. The rate widget below is intended for general educational market trend information only.
Schedule a Personalized Rate ConsultationThese are the national average rates today. Your actual rate or the cost in points may vary depending on your loan specifics or what are called (Loan Level Price Adjusters).
Methodology of how the daily rates are calculatedWhy Your Actual Mortgage Rate May Be Different
The daily market rate information above is useful for understanding general trends, but your actual mortgage rate depends on your personal loan scenario. Factors may include credit score, down payment, loan type, property type, occupancy, debt-to-income ratio, loan amount, discount points, and timing.
Want a rate estimate based on your actual numbers?
Schedule a No-Obligation ConsultationUnderstanding Loan Pricing & LLPAs
Loan-Level Price Adjustments (LLPAs) are risk-based pricing adjustments that Fannie Mae and Freddie Mac apply to conventional mortgages. In simple terms, they adjust the cost of your loan based on factors like your credit score, down payment amount, loan purpose, and property type. Stronger credit scores and larger down payments usually result in lower or zero LLPAs.
| Credit Score | Down Payment | Typical LLPA Impact | What It Usually Means for You |
|---|---|---|---|
| 740+ | 20%+ | None or Credit | Best possible pricing |
| 700–739 | 10–19% | Low | Very competitive rates |
| 660–699 | 5–9% | Moderate | Slightly higher rate |
| Below 660 | Lower | Higher | Higher rate (other programs may be better) |
Official Reference Links:
Disclaimer: LLPAs are set by Fannie Mae and Freddie Mac and are subject to change. The links above reflect the most current matrices available. During your pre-approval, I will provide you with a clear, personalized pricing breakdown.
My Transparent Pricing Promise
I will always show you exactly how these factors affect your specific loan options so there are no surprises. My goal is to help you understand your choices and find the best overall mortgage solution for your situation.
Rate FAQs
Are the rates shown here guaranteed?
No. The rates shown are for general market trend information only and are not a personalized quote or loan commitment.
Why can my actual rate be different from the rate widget?
Your actual rate depends on credit, down payment, loan program, property type, occupancy, loan amount, points, and market conditions.
How do I get an accurate mortgage rate quote?
The best way is to speak with a licensed loan officer who can review your specific situation.
Do rates change daily?
Yes. Mortgage rates can change frequently based on market conditions.
Should I choose a loan based only on the lowest rate?
No. The lowest rate is not always the best overall loan strategy. Fees, points, term, payment, and long-term goals should all be considered.