Mortgage and refinance rates
Accurate as of 04/23/2021.
|30-year fixed-rate FHA||2.555%||3.229%|
|30-year fixed-rate VA||2.550%||2.819%|
On Friday, April 23rd, 2021, the average APR on a 30-year fixed-rate mortgage fell 1 basis point to 2.811%. The average APR on a 15-year fixed-rate mortgage fell 4 basis points to 2.113% and the average APR for a 5/1 adjustable-rate mortgage (ARM) remained at 3.199%, according to rates provided to NerdWallet by Zillow. The 30-year fixed-rate mortgage is 7 basis points lower than one week ago and 112 basis points lower than one year ago.
A basis point is one one-hundredth of one percent. Rates are expressed as annual percentage rate, or APR.