Transparent, up-to-date average market rates so you can understand where the market is before you apply. These are averages — not a quote.
These are average market rates — not a quote. Your actual rate depends on your credit score, down payment, loan amount, property type, and lender fees. Get a personalized rate for real numbers.
Average market rates based on mortgage market index data. Not a commitment to lend.
Once you see where average rates are, the next step is understanding the payment and price range that fits your budget.
Estimate your monthly mortgage payment based on purchase price, down payment, loan term, taxes, insurance, and interest rate.
Mortgage Calculator →Estimate how much home you may be able to afford based on your income, debts, down payment, and target payment range.
Affordability Calculator →Mortgage rates are shaped by both the market and your personal loan scenario. Here are the biggest things that matter.
Mortgage rates often move with inflation expectations and 10-year Treasury yields. When inflation pressure rises, mortgage rates often rise too.
Borrowers with stronger credit profiles often qualify for better pricing. Lower scores can mean a higher rate and a higher monthly payment.
FHA, VA, USDA, jumbo, and conventional loans all price differently. Your down payment also plays a major role in final pricing.
The headline rate is only part of the story. Discount points, lender fees, and APR all affect the true cost of the loan.
Market averages are a useful starting point, but your personalized rate depends on the details of your scenario.
Average market rates can help you understand the market. Channing can help you understand what actually fits your budget, loan goals, and timeline.
These answers help explain what you're seeing on this page and why your personal quote may differ from the average market rate shown above.
A quick conversation can help you understand what you may actually qualify for — no credit pull, no obligation.
