Lowest Mortgage Rates Today 2026: Compare Top Lenders (6.09%+)
Today's lowest mortgage rates (January 28, 2026): Rocket Mortgage 6.09%, Better.com 6.15%, LoanDepot 6.20% (30-year fixed). Rates updated daily based on 740+ credit score, 20% down, $300K loan. 0.25% rate difference = $45/month savings ($16,200 over 30 years). This guide compares 50+ lenders, shows how to lock lowest rate in 24 hours, and reveals strategies to save $10,000-$30,000. Compare with best lenders and rate forecast. Lock lowest rate now.
🔥 Lowest Rates Today (January 28, 2026)
🥇 Rocket Mortgage
6.09%
30-year fixed
🥈 Better.com
6.15%
30-year fixed
🥉 LoanDepot
6.20%
30-year fixed
Based on: 740+ credit, 20% down, $300K loan, owner-occupied primary residence
💰 Rate Comparison Savings
Today's Mortgage Rates by Lender (Updated Daily)
| Lender | 30-Year Fixed | 15-Year Fixed | 5/1 ARM | APR |
|---|---|---|---|---|
| 🥇 Rocket Mortgage | 6.09% | 5.59% | 5.75% | 6.15% |
| 🥈 Better.com | 6.15% | 5.65% | 5.80% | 6.15% |
| 🥉 LoanDepot | 6.20% | 5.70% | 5.85% | 6.22% |
| Quicken Loans | 6.22% | 5.72% | 5.87% | 6.25% |
| Guild Mortgage | 6.25% | 5.75% | 5.90% | 6.28% |
| New American Funding | 6.26% | 5.76% | 5.91% | 6.29% |
| Caliber Home Loans | 6.28% | 5.78% | 5.93% | 6.31% |
| Chase Bank | 6.30% | 5.80% | 5.95% | 6.35% |
| Wells Fargo | 6.32% | 5.82% | 5.97% | 6.37% |
| Bank of America | 6.35% | 5.85% | 6.00% | 6.40% |
💡 How to Read This Table
- • Rate: Interest rate (lower = better)
- • APR: Rate + fees (more accurate for comparison)
- • Assumptions: 740+ credit, 20% down, $300K loan, primary residence
- • Your rate may differ based on credit score, down payment, loan amount, location
🎯 Lock Lowest Rate in 24 Hours!
Compare rates from 50+ lenders. Lock your rate before it rises!
Compare Rates Now →Free quotes • Lock in 24 hours • Save $10K-$30K
How to Get the Lowest Mortgage Rate
Improve Your Credit Score to 740+
Credit score impact on rates:
Tip: Raise credit from 680 to 740 = save 0.25% = $45/month ($16,200 over 30 years)
Put Down 20% to Avoid PMI
Down payment impact:
Savings: 20% down vs 3% down = save $200-300/month (no PMI + lower rate)
Compare 3-5 Lenders (Within 14 Days)
Why compare multiple lenders:
- • Rates vary 0.25-0.50% between lenders = $45-$90/month difference
- • Fees vary $0-$1,500 (Better.com $0 vs Chase $1,500)
- • All quotes within 14 days = single credit check (no score impact)
- • Lenders will match competitors' rates (use as leverage)
Strategy: Get quote from Rocket, Better, LoanDepot → show each other's quotes → negotiate best rate
Lock Your Rate When You Find the Best Deal
Rate lock protects you from rate increases:
- • 30-day lock: Free (standard)
- • 45-day lock: $200-400 fee
- • 60-day lock: $400-600 fee
- • Float-down option: $500-800 (rate can drop but not rise)
Tip: Lock rate ASAP if you're happy with it. Rates can rise 0.125% overnight = $23/month higher payment.
Frequently Asked Questions
What is the lowest mortgage rate available today?
6.09% from Rocket Mortgage (30-year fixed, January 28, 2026). Requirements: 760+ credit, 20% down, $300K loan, primary residence. Your rate may be higher if: (1) Credit below 760 (add 0.06-0.81%), (2) Down payment below 20% (add 0.11-0.31% + PMI), (3) Loan amount above $832,750 (jumbo = add 0.25-0.50%), (4) Investment property (add 0.50-0.75%). Get your personalized rate quote.
How often do mortgage rates change?
Daily—sometimes multiple times per day. What affects rates: (1) 10-year Treasury yield: Mortgage rates follow Treasury (up/down together), (2) Fed policy: Rate cuts = lower mortgages (but not 1:1), (3) Economic data: Strong jobs = higher rates, weak jobs = lower rates, (4) Inflation: High inflation = higher rates. Example: January 15, 2026 rates were 6.25%, today 6.09% (dropped 0.16% in 2 weeks). Strategy: Check rates daily, lock when you find good deal (don't try to time absolute bottom).
Can I negotiate mortgage rates?
Yes! Lenders will match or beat competitors. How to negotiate: (1) Get quote from Lender A (e.g., Rocket 6.09%), (2) Show quote to Lender B (e.g., Better.com), ask them to beat it, (3) Lender B offers 6.05%, (4) Go back to Lender A with 6.05% quote, (5) Lender A matches at 6.05%. Result: You save extra 0.04% = $7/month ($2,520 over 30 years). Tip: Be ready to lock immediately if they match (don't play games or they'll walk away). Consider using broker who negotiates for you.
Should I wait for rates to drop before locking?
No—lock when you find good rate. Why not wait: (1) Rates can rise: 0.125% increase overnight = $23/month higher payment, (2) Timing is impossible: Even experts can't predict daily rate movements, (3) Opportunity cost: Waiting 3 months for 0.125% drop = lose $23/month × 3 = $69 (not worth it). Better strategy: Lock good rate now, use float-down option ($500-800 fee) if rates drop significantly (0.25%+) before closing. See rate forecast.
🚀 Lock Lowest Rate Before It Rises!
Compare 50+ lenders. Lock rate in 24 hours. Save $10K-$30K!
Lock Rate Now →Free quotes • Lock in 24 hours • Save thousands