MORTGAGE RATES
TODAY
The Mortgage Operating System built to help homebuyers understand the numbers, build a strategy and make smarter mortgage decisions.
Don't Just Ask, "What's the Rate?"
Ask what the mortgage actually looks like for YOU. The advertised interest rate is only one part of the equation. MortgageOS looks at the complete picture — rate, APR, payment, credit, cash needed, loan program and long-term strategy.
⚡ Mortgage Rate Radar
National mortgage rate averages reported September 24, 2026.
| Loan Program | Average Rate | Average APR |
|---|---|---|
| 30-Year Fixed | 7.16% | 7.24% |
| 20-Year Fixed | 6.88% | 7.00% |
| 15-Year Fixed | 6.49% | 6.60% |
| 30-Year FHA | 6.94% | 6.98% |
| 30-Year VA | 6.97% | 7.00% |
| 30-Year Jumbo | 7.13% | 7.18% |
Source: Bankrate national mortgage rate averages reported September 24, 2026 at 6:30 AM. These are national averages, not an individual mortgage quote.
Freddie Mac Weekly Mortgage Average
Source: Freddie Mac Primary Mortgage Market Survey, September 24, 2026.
Why Are There Different Mortgage Rates Everywhere?
You may see one website advertising 6-something, another showing 7-something and receive a completely different quote from a lender. That does not automatically mean anyone is wrong.
Mortgage pricing can change based on the borrower, credit profile, property, down payment, occupancy, loan amount, points, loan program, market movement and other factors.
That is exactly why I created the MortgageOS approach. Instead of chasing one number on the internet, we look at how all of the numbers work together.
MortgageOS
MortgageOS is designed around a simple concept: build the mortgage strategy before you make the mortgage decision.
Understand how credit may affect your available mortgage options and pricing.
Start with a housing payment that works with your real monthly budget.
Understand down payment, closing costs, reserves and available funds.
Compare conventional, FHA, VA and other eligible mortgage options.
Look beyond the headline interest rate and understand the complete cost.
Bring everything together into a mortgage plan built around your goals.
Know the Numbers Before You Make the Move.
The goal isn't simply finding a mortgage. The goal is understanding the mortgage you are getting, why it works and how it fits into your financial plan.
What Should Chicagoland Homebuyers Do Right Now?
If you're planning to buy a home, you don't necessarily need to wait for a perfect interest rate that may or may not arrive. You need to know what today's market means for your specific situation.
A change in rate can affect purchasing power and monthly payment, but so can purchase price, taxes, insurance, down payment, credit profile and loan program.
MortgageOS puts those pieces together so you can see the bigger picture.
Let's Build Your MortgageOS.
Before you apply, before you make an offer and before you choose a loan simply because of an advertised rate, understand your numbers.
VISIT MORTGAGEOSMortgage Rate Disclosure: Rates and APRs shown above are national averages from third-party sources as of September 24, 2026 and are provided for informational and educational purposes only. They are not an individual rate quote or an offer to lend. Mortgage rates can change without notice. Actual rates, APR, fees and loan terms vary based on borrower, property, market and loan-specific factors.
This information is for educational purposes only and does not constitute a preapproval, loan approval, commitment to lend, guarantee of financing or guarantee of any specific interest rate. All loans are subject to applicable underwriting guidelines, credit approval and program requirements.
David Braun | The Mortgage Maniac
MortgageOS — The Mortgage Operating System
Chicagoland Mortgage Education