Mortgage Rates
What Your Credit Score Costs
Lenders do not price every borrower the same. These are published daily averages by credit band and loan-to-value, from actual rate locks. The gap between the top and bottom band today is 0.331 percentage points.
As of October 28, 2026
30-Year Fixed by Credit Band
| Credit Score | Loan-to-value | Rate | Monthly P&I | Paid over 30 Years |
|---|---|---|---|---|
| 740 and above | 80% or less | 7.14% | $1,687 | $607,258 |
| 740 and above | Over 80% | 7.209% | $1,698 | $611,458 |
| 700 to 719 | 80% or less | 7.217% | $1,700 | $611,945 |
| 720 to 739 | 80% or less | 7.266% | $1,708 | $614,936 |
| 720 to 739 | Over 80% | 7.284% | $1,711 | $616,036 |
| Under 680 | 80% or less | 7.31% | $1,716 | $617,626 |
| 700 to 719 | Over 80% | 7.363% | $1,725 | $620,872 |
| 680 to 699 | Over 80% | 7.395% | $1,730 | $622,835 |
| 680 to 699 | 80% or less | 7.45% | $1,739 | $626,215 |
| Under 680 | Over 80% | 7.471% | $1,743 | $627,507 |
Monthly figures are principal and interest on a $250,000 loan, chosen as a round number for comparison rather than as a local median. Loan-to-value over 80% normally also carries mortgage insurance, which is not included here and widens the gap further.
M = P × r(1+r)^n / ((1+r)^n - 1) P = $250,000, n = 360
Worth knowing: today the bands are not in a straight line. 700 to 719 priced below 720 to 739 at 80% or less loan-to-value; Under 680 priced below 680 to 699 at 80% or less loan-to-value. These indices are computed from real rate locks rather than from a rate sheet, so a band with fewer locks on a given day can print out of order. It is not a reason to aim for a lower score; over any longer period the ordering holds.
What That Means
Moving from Under 680 at over 80% loan-to-value to 740 and above at 80% or less is worth about $56 a month, or $20,249 across a 30-year term, on a $250,000 loan. If you are within a few points of the next band, that is usually worth fixing before you lock rather than after.
Daily indices: Optimal Blue Mortgage Market Indices, retrieved from FRED, Federal Reserve Bank of St. Louis. Weekly average: Freddie Mac Primary Mortgage Market Survey, retrieved from FRED. Figures on this page were read from the published data on October 29, 2026. Rates are national averages, not quotes, and are not an offer of credit. Your rate depends on credit, loan-to-value, property type, occupancy and lender. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis. FRED® API Terms of Use.