Historical average rates for comparison purposes only, your own interest rate will be different. Lowest 30 year VA mortgage rates of the 50 biggest loan providers in 2022 with more than 1,000 VA purchase loans issued. Source: 2022 Home Mortgage Disclosure Act data via CFPB. Lowest 30 year FHA mortgage rates of the 50 biggest loan providers in 2022 with more than 1,000 FHA purchase loans issued.

Lowest 30 year conventional mortgage rates of the 50 biggest loan providers in 2022 with more than 1,000 conventional purchase loans issued. Again, use these lists as a starting point but note that the rates shown are averages from 2022 and do not reflect current mortgage rates. The lists below show the best mortgage rates for the four main types of home loans: conventional, FHA, VA, and USDA. And some lenders are more competitive for one type of mortgage than another.įor instance, some lenders focused on VA mortgages might not be as competitive for conventional loans, and vice-versa. If you’re looking specifically for refinance rates, see: Note that the average rates above are for all 30-year loans generated by each lender in 2022. *These lenders specialize in select loan types and may not help every borrower. Lowest 30 year mortgage rates of the 50 biggest loan providers in 2022. Network Capital Funding Corporation, 4.73%.The lists below are a great starting point if you’re shopping for a new home loan.

However, historical mortgage rates can be a useful guide to help you find the banks with the lowest mortgage rates on average.

Rates have risen in 2023, and the average rates you see here do not represent mortgage interest rates on offer today. These averages are from 2022, the most recent data available at the time of writing. The following banks and mortgage lenders have the best mortgage rates on average, based on nationwide data filed by lenders under the Home Mortgage Disclosure Act. Borrowers should compare offers from at least three to five lenders to find their own best mortgage rate. Remember that rates vary from one borrower to the next and your lowest rate may or may not come from a lender on this list. *These lenders specialize in military lending and may not help every borrower. The ten lenders with the best mortgage rates on average are: To find the best mortgage rates, we compared average 30-year fixed rates from the 30 biggest residential mortgage lenders in 2022 (the most recent data available).

Contour mortgage