Market Intelligence

Best Mortgage Rates Today – Updated Daily

Compare the best mortgage rates from a licensed broker. Zero points, no hidden fees, real wholesale pricing.

NMLS #233747
Licensed Broker
4.8★ Rating
127+ Reviews
18 States
Nationwide Lending
20+ Years
Industry Experience

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The Broker Advantage

Why Our Rates Crush the Competition

Big lenders publish "teaser" rates with fine print that makes them impossible to get. We publish real rates for real scenarios.

Typical Big Lender

"Advertised" Rate: Looks Good Until You Read the Fine Print

Requires 40% Down Payment

Who has $200,000 cash lying around on a $500K home?

3 Discount Points Required

That's $15,000 upfront on a $500K loan just to "buy" the rate

800+ Credit Score Assumed

Only ~20% of Americans have an 800+ score

Retail Overhead = Higher Costs

Paying for TV ads, branch offices, and fat executive bonuses

"The rate you see advertised? You'll never actually get it unless you're putting down nearly half the home's value AND paying $15K+ in points."

LFG LOAN FACTORY

LoansByEmmett Rates

What You See is What You Get

20% Down Payment

Standard down payment most buyers actually put down

ZERO Discount Points

The rate you see is the rate you get—no money upfront

740+ Credit Score

Realistic assumption for qualified buyers (we have lower credit options too)

Wholesale Pricing

Direct access to 50+ lenders means the best rates, period

"Why pay more? Our rates are published at 0 points and realistic assumptions. This is what real borrowers actually qualify for."

The Real Cost Comparison

Big Lender "Advertised" Rate

6.125%

+ 3 points ($15,000)

+ 40% down ($200,000)

Total Upfront: $215,000

VS

LoansByEmmett Rate

6.75%

+ 0 points ($0)

+ 20% down ($100,000)

Total Upfront: $100,000

You save $115,000 upfront by working with a broker who publishes honest rates.

Even with a slightly higher rate, you'd need to stay in the home 15+ years to "break even" on those points. Most people sell or refinance within 7 years.

Real Rate Comparison: Us vs. The Competition

Data pulled from competitor websites. See the fine print they don't want you to notice.

Loan TypeLoansByEmmettNew American FundingBetter.com
30-Year Fixed
5.75%
0 points ($0)
5.625%
3 points ($24,195)
5.875%
2.25 points ($3,600)
FHA 30-Year
5.375%
0 points ($0)
5.250%
3 points ($24,195)
5.625%
2.40 points ($3,847)
VA 30-Year
5.49%
0 points ($0)
5.250%
3 points ($24,195)
5.875%
2.25 points ($3,600)
LoansByEmmett

Zero points. $300K loan, $400K value, 740+ credit, 25% down. What you see is what you get.

New American Funding

Requires 3 discount points = $24,195 upfront to get advertised rate. That's money out of your pocket.

Better.com

Requires 2+ points = $3,600+ to get advertised rate. Online-only, no personal service.

Competitor rates from newamericanfunding.com and better.com as of Feb 4, 2026. Rates change daily. Our rates assume $300K loan, $400K value, 740+ credit, purchase, 0 points.

Call Now: (866) 617-7381

No games. No gimmicks. Just real rates from a real broker.

Every Scenario is Unique

Get a personalized quote for your specific goals. No obligation, no pressure.

What Makes Our Mortgage Rates the Best?

Getting the best mortgage rate isn't just about the number—it's about the total cost of your loan.

Zero Points Pricing

Many lenders advertise low rates but charge 2-3 "discount points" to get them. Each point is 1% of your loan—on a $400,000 loan, that's $4,000-$12,000 out of your pocket just to get the advertised rate.

Our rates include zero points. What you see is what you actually get. Use our mortgage calculators to see the difference.

Wholesale Access

As a mortgage broker, we access wholesale rates from 50+ lenders—the same rates big banks pay. We shop for you and pass the savings along, rather than marking up to retail pricing.

Result: Lower rates than going direct. We often beat the rates from the same lenders you'd approach on your own.

Transparent APR Comparison

The APR (Annual Percentage Rate) tells the true story. It includes the interest rate plus all fees. A 6.0% rate with $8,000 in fees has a higher APR than a 6.125% rate with $0 in fees.

Always compare APR, not just rate. Our rate sheet shows both so you can make informed decisions.

Expert Guidance

The "best" rate depends on your situation. Buying? Refinancing? Investment property? VA eligible? Each scenario has different optimal loan programs. We help you find the right fit.

20+ years of experience means we know which programs work best for each borrower profile. Explore our first-time buyer or VA loan guides, or learn how ARM rates adjust over time.

Best Mortgage Rates FAQ

Common questions about finding and comparing the best mortgage rates

What are the best mortgage rates today?

The best mortgage rates today depend on your loan type, credit score, and down payment. As of April 2026, conventional 30-year rates start around 5.75% with zero points. VA and FHA loans offer rates as low as 5.25%. Our rates update daily—check the tables above for current pricing.

How do I get the best mortgage rate?

To get the best mortgage rate: 1) Improve your credit score to 740+, 2) Save for at least 20% down to avoid PMI, 3) Compare rates from multiple lenders including brokers, 4) Lock your rate when you find a good one, 5) Work with a broker who offers wholesale rates with zero points rather than retail lenders who markup pricing.

Are mortgage rates going down in 2026?

Mortgage rates in 2026 have shown gradual improvement from 2025 highs. The Federal Reserve's policy decisions continue to influence rates. While predicting exact movements is impossible, many economists expect rates to remain relatively stable with potential for modest decreases if inflation continues to cool. The best strategy is to lock in a good rate when you find one.

What is the difference between rate and APR?

The interest rate is the cost of borrowing the principal loan amount. The APR (Annual Percentage Rate) includes the interest rate plus other costs like origination fees, points, and mortgage insurance. APR gives you the true cost of the loan and is better for comparing offers from different lenders. Always ask for the APR, not just the rate.

Should I pay points to get a lower mortgage rate?

Paying points only makes sense if you plan to keep the loan long enough to recoup the cost. Each point costs 1% of your loan amount and typically reduces your rate by 0.25%. Calculate the break-even point by dividing the point cost by your monthly savings. If you'll move or refinance within 5-7 years, you're usually better off taking a higher rate with zero points.

Why are broker rates better than bank rates?

Mortgage brokers access wholesale rates from dozens of lenders—the same rates that big banks pay. Banks add markup to these wholesale rates before offering them to consumers. Brokers pass wholesale pricing along directly, often resulting in rates 0.125% to 0.375% lower than going direct to a retail lender. Plus, brokers shop multiple options for you.

What credit score do I need for the best mortgage rates?

For the best conventional rates, you'll want a 740+ credit score. Scores between 700-739 still get good rates but may be 0.125% higher. Below 700, rates increase more significantly. VA loans are more forgiving of lower scores. FHA accepts scores as low as 580 with 3.5% down. Check your score before applying and consider improving it if you have time.

How often do mortgage rates change?

Mortgage rates can change multiple times per day based on bond market movements. Major economic news, Federal Reserve announcements, and employment reports can cause significant swings. That's why we update our rate sheet daily and recommend locking your rate quickly once you find one you like. Rates you see today may not be available tomorrow.