See the latest Idaho mortgage rates for fixed rates: 30 year, 20, 15, 10 FHA, VA, Jumbo, and variable rates: 10, 7, 5, 3 years. Also see how local rates compare nationally and main lending options available across the state.
Buying a home in Idaho could be easier with today’s mortgage rates.
Idaho Mortgage Rates –
The table below shows today’s home purchase mortgage rates for Idaho, organized by credit score and lender type:
| Credit Score | Satisfaction | |||
|---|---|---|---|---|
| 720 - 850 | 690 - 719 | 620 - 689 | ||
| Nationally | 6.31% | 6.36% | 6.41% | |
| Idaho | 6.26% | 6.31% | 6.36% | |
| Credit Unions | 5.86% | 5.91% | 6.06% | 8.8/10 |
| Online lenders | 5.96% | 6.01% | 6.16% | 7.8/10 |
| Banks | 6.26% | 6.31% | 6.36% | 7.2/10 |
| 30 year fixed | 6.26% | 6.31% | 6.36% | |
| 30 year fixed FHA | 6.35% | 6.40% | 6.45% | |
| 30 year fixed VA | 5.84% | 5.89% | 5.94% | |
| 30 year fixed Jumbo | 6.49% | 6.87% | 7.06% | |
| 20 year fixed | 6.17% | 6.22% | 6.27% | |
| 15 year fixed | 5.89% | 5.94% | 5.99% | |
| 10 year fixed | 5.53% | 5.58% | 5.63% | |
| 3 year ARM | 4.26% | 4.31% | 4.36% | |
| 5 year ARM | 6.53% | 6.58% | 6.63% | |
| 7 year ARM | 6.36% | 6.41% | 6.46% | |
| 10 year ARM | 6.24% | 6.29% | 6.34% | |
| Satisfaction | 8.4/10 | 7.7/10 | 7.4/10 |
Source: MFP’s Community Home Purchase Rates Survey from Idaho members in the last 30 days.
How Idaho Compares to National Averages
- Idaho mortgage rates (6.26% for best credit scores) are in line with national averages (national average: 6.31%).
- Credit unions are more competitive: In Idaho, credit unions offer 5.86%, banks 6.26%, online lenders 5.96%.
Mortgage Options in Idaho
- 30 year fixed: 6.26% - most popular long-term option for predictable payments
- 20 year fixed: 6.17% - balance between payment size and interest savings
- 15 year fixed: 5.89% - lower total interest cost for borrowers building equity faster
- 10 year fixed: 5.53% - shortest fixed-term option with competitive rates
- 10 year variable: 4.26% - Offers a longer initial period with a variable rate...
- 7 year variable: 6.53% - A mid-term variable option...
- 5 year variable: 6.36% - Shorter-term variable mortgage...
- 3 year variable: 6.24% - Quick-adjusting mortgage...
- FHA mortgage: government-backed with flexible credit requirements
- VA mortgage: exclusive to veterans and military members with competitive rates
Idaho Cities Mortgage Rates*
| Metro / City | 30-Year Fixed APR | 15-Year Fixed APR |
|---|---|---|
| Boise | 6.48% | 5.76% |
| Meridian | 6.51% | 5.79% |
| Nampa | 6.49% | 5.77% |
| Idaho Falls | 6.52% | 5.80% |
| Pocatello | 6.53% | 5.81% |
* APR rates shown are for borrowers with excellent credit. Click city names to view recommended lenders and ratings.
Compare Lenders Rated by Idaho Homeowners
Idaho 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 Idaho
FAQs – Idaho Mortgage Rates
Are home purchase rates higher in Idaho than the U.S. average?
Yes, Idaho mortgage rates are currently slightly above the national average.
What credit score is best for buying a home in Idaho?
A credit score of 720 or higher typically secures the most favorable mortgage rates in Idaho.
Is it better to choose a fixed-rate or ARM in Idaho?
Fixed-rate mortgages are generally recommended for long-term stability in Idaho’s housing market.
More Idaho Home Information:
Idaho Best Rated Mortgage Lenders
Idaho Best Home Insurance from Community Recommendations & Insurance Costs
More Resources for Idaho Homeowners.