See below the latest Colorado mortgage rates for fixed loans (30 year, 20, 15, 10, FHA, VA, Jumbo) plus variable rates (10, 7, 5, 3 year). Also see how Colorado compares nationally, and main lending options available across the state.
Buying a home in Colorado can be easier with today’s mortgage rates.
Current Mortgage Rates in Colorado –
The table below shows today’s home purchase mortgage rates for Colorado, organized by credit score and lender type:
| Credit Score | Satisfaction | |||
|---|---|---|---|---|
| 720 - 850 | 690 - 719 | 620 - 689 | ||
| Nationally | 6.41% | 6.46% | 6.51% | |
| Colorado | 6.53% | 6.58% | 6.63% | |
| Credit Unions | 6.13% | 6.18% | 6.33% | 9.4/10 |
| Online lenders | 6.23% | 6.28% | 6.43% | 8.0/10 |
| Banks | 6.53% | 6.58% | 6.63% | 8.3/10 |
| 30 year fixed | 6.53% | 6.58% | 6.63% | |
| 30 year fixed FHA | 6.88% | 6.93% | 6.98% | |
| 30 year fixed VA | 5.89% | 5.94% | 5.99% | |
| 30 year fixed Jumbo | 6.76% | 7.14% | 7.33% | |
| 20 year fixed | 6.47% | 6.52% | 6.57% | |
| 15 year fixed | 5.97% | 6.02% | 6.07% | |
| 10 year fixed | 5.84% | 5.89% | 5.94% | |
| 3 year ARM | 7.62% | 7.67% | 7.72% | |
| 5 year ARM | 6.89% | 6.94% | 6.99% | |
| 7 year ARM | 6.68% | 6.73% | 6.78% | |
| 10 year ARM | 6.53% | 6.58% | 6.63% | |
| Satisfaction | 9.0/10 | 8.2/10 | 8.0/10 |
Source: MFP’s Community Home Purchase Rates Survey from Colorado members in the last 30 days.
How Colorado Compares to National Averages
- Colorado mortgage rates (6.53% for best credit scores) are slightly above national averages (national average: 6.41%).
- Credit unions are more competitive: In Colorado, credit unions offer 6.13%, banks 6.53%, online lenders 6.23%.
Mortgage Options in Colorado
- 30 year fixed: 6.53% - most popular long-term option for predictable payments
- 20 year fixed: 6.47% - balance between payment size and interest savings
- 15 year fixed: 5.97% - lower total interest cost for borrowers building equity faster
- 10 year fixed: 5.84% - shortest fixed-term option with competitive rates
- 10 year variable: 7.62% - Offers a longer initial period with a variable rate...
- 7 year variable: 6.89% - A mid-term variable option...
- 5 year variable: 6.68% - Shorter-term variable mortgage...
- 3 year variable: 6.53% - Quick-adjusting mortgage...
- FHA mortgage: government-backed with flexible credit requirements
- VA mortgage: exclusive to veterans and military members with competitive rates
Colorado Metro Mortgage Rates*
| Metro / City | 30-Year Fixed APR | 15-Year Fixed APR |
|---|---|---|
| Denver | 6.58% | 5.65% |
| Colorado Springs | 6.53% | 5.60% |
| Aurora | 6.56% | 5.63% |
| Fort Collins | 6.52% | 5.59% |
| Lakewood | 6.57% | 5.64% |
* APR rates shown are for borrowers with excellent credit. Click city names to view recommended lenders and ratings.
Compare Lenders Rated by Colorado Homeowners
Colorado homeowners rated their mortgage lenders on:
- Ease of application
- Rates and terms offered
- Customer support and advice
- Overall recommendation %
See the Best Mortgage Lenders in Colorado
FAQs Colorado Mortgage Rates
Are home purchase rates higher in Colorado than the U.S. average?
Colorado rates typically run slightly above national averages due to the state’s competitive housing markets and regional economic factors.
What credit score is best for buying a home in Colorado?
A credit score of 720 or higher generally secures the most favorable mortgage rates from Colorado lenders.
Is it better to choose a fixed-rate or ARM in Colorado?
Fixed-rate mortgages offer payment consistency for long-term residents, while ARMs can provide initial savings for those planning shorter-term ownership.
More Colorado Home Information:
Best Mortgage Lenders in Colorado
Colorado Best Home Insurance from Community Recommendations & Insurance Costs
More Resources for Colorado Homeowners.