30-Year Fixed Mortgage
The default mortgage in America. Fair APR band tracks Freddie Mac's weekly PMMS survey.
Use this page as a benchmark, not as a guaranteed quote or eligibility promise. The price, rate, fee, coverage, or feature set can change with location, customer profile, promotional timing, scope, and provider terms. Compare the current source disclosure before you buy or sign.
FairPrice Guru keeps the benchmark separate from the provider's marketing. A higher price is not automatically unfair when it buys more coverage or a better scope, and a lower headline price is not automatically better when fees, restrictions, or missing features change the real cost.
Price and terms
- Typical: $7.10 APR %
- Range: $6.50–$7.80
FairPrice score: 82/100
Features
- 20% down avoids PMI
- Rate lock 30-60 days
- Points can lower rate
Pros
- Predictable payment
- Widely available
- Refinance flexibility
Cons
- Higher rate than 15-yr
- Total interest over life is huge
Best for
- first-home
- stable-income
Official source · Last verified 2026-07-04