Mortgages without the overpaying
On Bankrate, lenders compete for your loan. Every offer is generated by 100+ mortgage lenders bidding for your business in real time — so whether you’re buying, refinancing, or tapping your equity, you see the rate the market actually offers.
- $73k
Average saved by Bankrate mortgage users over 30 years.
- 300+
Banks and credit unions surveyed weekly.
- 99.7%
Bankrate offers beat 99.7% of banks and credit unions.
Mortgage rates today
National average mortgage rates
5.84%
Bankrate’s lowest 30-year fixed rate
30-year fixed
6.53%
0.04%15-year fixed
5.90%
0.02%30-year FHA
6.39%
0.04%30-year VA
6.53%
0.05%
Rates as of June 18, 2026
You don't have to be one of the 90% of borrowers who overpay
The average purchase homebuyer pays $3,656 more a year than they need to. See how lenders competing for your business changes that.
Find your best rate
Our tools, your decision
All calculatorsMortgage calculator
Find out what your monthly payment will actually look like.
Amortization calculator
See how much of your payment goes to interest.
Interest-only mortgage calculator
See what you’re paying now versus what you’ll owe later.
Debt-to-income ratio calculator
Compare what you owe each month to what you earn.
Mortgage refinance calculator
See whether refinancing would save you money.
9 out of 10 homebuyers overpay for their mortgage.
We analyzed 2.8 million mortgage originations — the largest independent study of its kind. The typical borrower overpays by $3,363 a year, not because better rates don’t exist, but because lenders have no reason to offer them unless they have to compete. Bankrate exists to change that.
Explore the data
$4k+
In avoidable annual costs for the typical borrower
$78k
In excess costs over the life of the loan
$65B
Drained from U.S. households by above-market rates
Featured by names you know and trust
The latest
Best mortgage lenders for bad credit in 2026
Here are some of the best bad credit mortgage lenders in 2025.
June 19, 2026
How does the Federal Reserve affect mortgages?
The Federal Reserve’s decisions have ripple effects, including for mortgages.
June 18, 2026
Three families gave up 3% mortgage rates. Here’s what they got in return
Your mortgage rate matters, but life changes don’t wait for the housing market.
June 18, 2026
Home equity rates rise, as Fed policymakers hold interest rates steady
HELOC rates dipped, while home equity loan rates hit their highest level of the year.
June 17, 2026
Mortgage rates dip below 6.5% as Fed holds steady
Mortgage rates rose this week along with inflation, remaining above 6.5%.
June 17, 2026
Homebuying in America: Her lender said she could borrow $250,000. She borrowed half of that
When a lender tells you how much you can borrow, it feels like permission to spend. But eligibility and affordability are completely different things. First-time buyer Khyrunnessa Rabbini learned this [...]
June 16, 2026