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Mortgage Glossary
Below are some common
(and not so common)
mortgage terms.
A
Adjustable Rate Mortgage
Amortization
C
Closing Costs
D
Debt-to-Income Ratio
E
Escrow
✖
Today's Mortgage Rates for
April, 15 2026
Conventional 30 YR Fixed Rate Options
Rate
APR
Points
Option
5.750%
5.961%
1.990 Points
Lowest Rate, Higher Fees
5.990%
6.106%
0.967 Points
Low Rate, Normal Fees
6.250%
6.313%
0.397 Points
Competitive Rate, Less Fees
6.500%
6.526%
-0.470 Points
Lowest Total, Lender Credit
Conventional 15 YR Fixed Rate Options
Rate
APR
Points
Option
5.125%
5.457%
1.878 Points
Lowest Rate, Higher Fees
5.500%
5.654%
0.729 Points
Low Rate, Normal Fees
5.750%
5.840%
0.313 Points
Competitive Rate, Less Fees
6.000%
6.042%
-0.407 Points
Lowest Total, Lender Credit
FHA 30 YR Fixed Rate Options
Rate
APR
Points
Option
5.500%
6.420%
1.826 Points
Lowest Rate, Higher Fees
5.875%
6.716%
0.974 Points
Low Rate, Normal Fees
6.125%
6.887%
0.153 Points
Competitive Rate, Less Fees
6.375%
7.124%
-0.579 Points
Lowest Total, Lender Credit
FHA 15 YR Fixed Rate Options
Rate
APR
Points
Option
5.375%
6.412%
1.943 Points
Lowest Rate, Higher Fees
6.000%
6.862%
0.828 Points
Low Rate, Normal Fees
VA 30 YR Fixed Rate Options
Rate
APR
Points
Option
5.375%
5.760%
1.717 Points
Lowest Rate, Higher Fees
VA 15yr Fixed Rate Options
Rate
APR
Points
Option
5.000%
5.694%
1.995 Points
Lowest Rate, Higher Fees
5.500%
6.015%
0.837 Points
Low Rate, Normal Fees
6.000%
6.403%
0.106 Points
Competitive Rate, Less Fees
Jumbo 30 YR Fixed Rate Options
Rate
APR
Points
Option
5.750%
5.941%
1.933 Points
Lowest Rate, Higher Fees
6.125%
6.195%
0.627 Points
Low Rate, Normal Fees
6.250%
6.282%
0.222 Points
Competitive Rate, Less Fees
6.490%
6.501%
-0.510 Points
Lowest Total, Lender Credit
Jumbo 15 YR Fixed Rate Options
Rate
APR
Points
Option
5.750%
6.051%
1.801 Points
Lowest Rate, Higher Fees
6.000%
6.148%
0.833 Points
Low Rate, Normal Fees
6.250%
6.285%
0.111 Points
Competitive Rate, Less Fees
6.490%
6.508%
-0.446 Points
Lowest Total, Lender Credit
USDA 30 YR Fixed Rate Options
Rate
APR
Points
Option
5.500%
6.106%
1.329 Points
Lowest Rate, Higher Fees
5.625%
6.192%
0.909 Points
Low Rate, Normal Fees
5.750%
6.232%
0.023 Points
Competitive Rate, Less Fees
5.875%
6.356%
-0.546 Points
Lowest Total, Lender Credit