See National and your State’s average 30 year fixed refinance rates by credit score. Rates can change daily based on economic factors.
Updated: July 2, 2026
30 Year Fixed Refinance Rates –
Your actual 30 year rate depends on your credit score, loan-to-value ratio, and debt-to-income ratio. Shop with multiple lenders to find your best rate. Click on a state to see all its rates for all its loans products.
| 30-year Fixed rates | Credit Score | ||
|---|---|---|---|
| 720 - 850 | 690 - 719 | 620 - 689 | |
| Credit Unions | 6.08% | 6.13% | 6.28% |
| Online lenders | 6.18% | 6.23% | 6.38% |
| Banks | 6.48% | 6.53% | 6.58% |
| Alabama | 6.56% | 6.61% | 6.66% |
| Alaska | 6.65% | 6.70% | 6.75% |
| Arizona | 6.63% | 6.68% | 6.73% |
| Arkansas | 6.55% | 6.60% | 6.65% |
| California | 6.53% | 6.58% | 6.63% |
| Colorado | 6.44% | 6.49% | 6.54% |
| Connecticut | 6.52% | 6.57% | 6.62% |
| Delaware | 6.55% | 6.60% | 6.65% |
| Florida | 6.46% | 6.51% | 6.56% |
| Georgia | 6.48% | 6.53% | 6.58% |
| Hawaii | 6.66% | 6.71% | 6.76% |
| Idaho | 6.58% | 6.63% | 6.68% |
| Illinois | 6.55% | 6.60% | 6.65% |
| Indiana | 6.60% | 6.65% | 6.70% |
| Iowa | 6.66% | 6.71% | 6.76% |
| Kansas | 6.35% | 6.40% | 6.45% |
| Kentucky | 6.60% | 6.65% | 6.70% |
| Louisiana | 6.40% | 6.45% | 6.50% |
| Maine | 6.83% | 6.88% | 6.93% |
| Maryland | 6.53% | 6.58% | 6.63% |
| Massachusetts | 6.45% | 6.50% | 6.55% |
| Michigan | 6.55% | 6.60% | 6.65% |
| Minnesota | 6.72% | 6.77% | 6.82% |
| Mississippi | 6.72% | 6.77% | 6.82% |
| Missouri | 6.61% | 6.66% | 6.71% |
| Montana | 6.58% | 6.63% | 6.68% |
| Nebraska | 6.63% | 6.68% | 6.73% |
| Nevada | 6.64% | 6.69% | 6.74% |
| New Hampshire | 6.66% | 6.71% | 6.76% |
| New Jersey | 6.48% | 6.53% | 6.58% |
| New Mexico | 6.65% | 6.70% | 6.75% |
| New York | 6.46% | 6.51% | 6.56% |
| North Carolina | 6.46% | 6.51% | 6.56% |
| North Dakota | 6.60% | 6.65% | 6.70% |
| Ohio | 6.60% | 6.65% | 6.70% |
| Oklahoma | 6.76% | 6.81% | 6.86% |
| Oregon | 6.42% | 6.47% | 6.52% |
| Pennsylvania | 6.36% | 6.41% | 6.46% |
| Rhode Island | 6.48% | 6.53% | 6.58% |
| South Carolina | 6.55% | 6.60% | 6.65% |
| South Dakota | 6.70% | 6.75% | 6.80% |
| Tennessee | 6.39% | 6.44% | 6.49% |
| Texas | 6.28% | 6.33% | 6.38% |
| Utah | 6.44% | 6.49% | 6.54% |
| Vermont | 6.67% | 6.72% | 6.77% |
| Virginia | 6.48% | 6.53% | 6.58% |
| Washington | 6.34% | 6.39% | 6.44% |
| West Virginia | 6.71% | 6.76% | 6.81% |
| Wisconsin | 6.38% | 6.43% | 6.48% |
| Wyoming | 6.62% | 6.67% | 6.72% |
| National Rates Terms | |||
| 30-year Fixed | 6.48% | 6.53% | 6.58% |
| 30-year Fixed FHA | 6.25% | 6.30% | 6.35% |
| 30-year Fixed VA | 6.71% | 7.09% | 7.28% |
| 30-year Fixed Jumbo | 6.36% | 6.60% | 6.79% |
| 20-year Fixed | 6.21% | 6.26% | 6.31% |
| 15-year Fixed | 5.88% | 5.93% | 5.98% |
| 10-year Fixed | 5.79% | 5.84% | 5.89% |
| 3-year ARM | 7.55% | 7.60% | 7.65% |
| 5-year ARM | 6.48% | 6.52% | 6.58% |
| 7-year ARM | 6.42% | 6.47% | 6.52% |
| 10-year ARM | 6.34% | 6.39% | 6.44% |
Source: MFP’s Community Home Refinance Rates Survey from the last 30 days.
Cash Out 30 Year Fixed Refinance Rates –
Your actual 30 year rate cash out rates depends on your credit score, loan-to-value ratio, and debt-to-income ratio. Shop with multiple lenders to find your cash out best rate. Click on a state to see all its rates for all its loans products.
| 30-year Fixed rates | Credit Score | ||
|---|---|---|---|
| 720 - 850 | 690 - 719 | 620 - 689 | |
| Credit Unions | 6.21% | 6.33% | 6.56% |
| Online lenders | 6.31% | 6.43% | 6.66% |
| Banks | 6.61% | 6.73% | 6.86% |
| Alabama | 6.69% | 6.81% | 6.94% |
| Alaska | 6.78% | 6.90% | 7.03% |
| Arizona | 6.76% | 6.88% | 7.01% |
| Arkansas | 6.68% | 6.80% | 6.93% |
| California | 6.66% | 6.78% | 6.91% |
| Colorado | 6.56% | 6.69% | 6.81% |
| Connecticut | 6.65% | 6.77% | 6.90% |
| Delaware | 6.68% | 6.80% | 6.93% |
| Florida | 6.59% | 6.71% | 6.84% |
| Georgia | 6.61% | 6.73% | 6.86% |
| Hawaii | 6.79% | 6.91% | 7.04% |
| Idaho | 6.71% | 6.83% | 6.96% |
| Illinois | 6.68% | 6.80% | 6.93% |
| Indiana | 6.73% | 6.85% | 6.98% |
| Iowa | 6.79% | 6.91% | 7.04% |
| Kansas | 6.48% | 6.60% | 6.73% |
| Kentucky | 6.73% | 6.85% | 6.98% |
| Louisiana | 6.52% | 6.65% | 6.78% |
| Maine | 6.96% | 7.08% | 7.21% |
| Maryland | 6.66% | 6.78% | 6.91% |
| Massachusetts | 6.58% | 6.70% | 6.83% |
| Michigan | 6.68% | 6.80% | 6.93% |
| Minnesota | 6.85% | 6.97% | 7.10% |
| Mississippi | 6.85% | 6.97% | 7.10% |
| Missouri | 6.74% | 6.86% | 6.99% |
| Montana | 6.71% | 6.83% | 6.96% |
| Nebraska | 6.76% | 6.88% | 7.01% |
| Nevada | 6.76% | 6.89% | 7.01% |
| New Hampshire | 6.79% | 6.91% | 7.04% |
| New Jersey | 6.61% | 6.73% | 6.86% |
| New Mexico | 6.78% | 6.90% | 7.03% |
| New York | 6.59% | 6.71% | 6.84% |
| North Carolina | 6.59% | 6.71% | 6.84% |
| North Dakota | 6.73% | 6.85% | 6.98% |
| Ohio | 6.73% | 6.85% | 6.98% |
| Oklahoma | 6.89% | 7.01% | 7.14% |
| Oregon | 6.55% | 6.67% | 6.80% |
| Pennsylvania | 6.49% | 6.61% | 6.74% |
| Rhode Island | 6.61% | 6.73% | 6.86% |
| South Carolina | 6.68% | 6.80% | 6.93% |
| South Dakota | 6.83% | 6.95% | 7.08% |
| Tennessee | 6.52% | 6.64% | 6.77% |
| Texas | 6.41% | 6.53% | 6.66% |
| Utah | 6.56% | 6.69% | 6.81% |
| Vermont | 6.80% | 6.92% | 7.05% |
| Virginia | 6.61% | 6.73% | 6.86% |
| Washington | 6.47% | 6.59% | 6.72% |
| West Virginia | 6.84% | 6.96% | 7.09% |
| Wisconsin | 6.51% | 6.63% | 6.76% |
| Wyoming | 6.75% | 6.87% | 7.00% |
| National Rates Terms | |||
| 30-year Fixed | 6.61% | 6.73% | 6.86% |
| 30-year Fixed FHA | 6.37% | 6.50% | 6.62% |
| 30-year Fixed VA | 6.84% | 6.96% | 7.09% |
| 30-year Fixed Jumbo | 6.48% | 6.61% | 6.73% |
| 20-year Fixed | 6.33% | 6.46% | 6.58% |
| 15-year Fixed | 6.01% | 6.13% | 6.26% |
| 10-year Fixed | 5.91% | 6.04% | 6.16% |
| 3-year ARM | 7.67% | 7.80% | 7.92% |
| 5-year ARM | 6.60% | 6.73% | 6.85% |
| 7-year ARM | 6.54% | 6.67% | 6.79% |
| 10-year ARM | 6.46% | 6.59% | 6.71% |
Source: MFP’s Community Home Refinance Rates Survey from the last 30 days.
Community Refinance Lenders Recommendations
Interested to see which home refinance lenders are most recommended in your state and area? Thousands of homeowners in your state and area provide their feedback on their refinance lender. See which one could help refinance your 30 Year fixed cheaper and more easily.
What is a 30-Year Fixed Refinance?
A 30-year fixed refinance replaces your current mortgage with a new loan that has a fixed interest rate for the entire 30-year term.
How It Works
You apply with a lender, provide financial documentation, and go through underwriting. If approved, you close on the new loan and begin making payments under the new terms.
Main Features of 30-Year Fixed Loans
Fixed Interest Rate:
- Rate never changes during the loan term
- Monthly payment stays the same for 30 years
- Protected from future rate increases
Payment Structure:
- 360 total monthly payments
- Early payments mostly go toward interest
- Principal payments increase over time
Predictable Budgeting:
- Same payment amount every month
- Makes long-term financial planning easier
- No payment shock from rate adjustments
Compared to Other Loan Types
30-year fixed loans offer stability that adjustable-rate mortgages (ARMs) and shorter-term loans don’t provide.
30-Year Fixed vs. 15-Year Fixed:
- Lower monthly payments but higher total interest
- More cash flow flexibility
- Slightly higher interest rates
30-Year Fixed vs. Adjustable-Rate Mortgages:
- Higher initial rates but no rate adjustment risk
- Payment predictability for entire loan term
- Better for long-term homeowners
MFP Tip: Use a mortgage calculator to compare monthly payments and total interest costs between different loan types.
Pros and Cons of 30-Year Fixed Refinance
Benefits
Lower Monthly Payments: Spreading payments over 30 years results in the lowest possible monthly payment for fixed-rate loans.
Payment Stability: Your rate and payment never change, making budgeting predictable for the entire loan term.
Cash Flow Flexibility: Lower payments free up money for other investments, expenses, or savings goals.
Easier Qualification: Lower monthly payments make it easier to meet debt-to-income ratio requirements.
Rate Protection: You’re protected from future interest rate increases throughout the loan term.
Cons:
Higher Total Interest: You’ll pay more total interest over 30 years compared to shorter loan terms.
Slower Equity Building: You build home equity more slowly, especially in the early years of the loan.
Higher Interest Rates: 30-year loans typically have higher rates than 15-year loans due to extended risk.
Longer Debt Commitment: You’ll have mortgage payments for 30 years unless you refinance or sell.
When to Refinance to 30-Year Fixed
Rate Change
Rates Are Lower Than Your Current Rate: Refinancing makes sense when you can secure a rate at least 0.50-0.75% lower than your existing mortgage.
You Have an Adjustable-Rate Mortgage: Switch to fixed-rate protection before your ARM adjusts to higher rates.
Financial Situation
You Want Lower Monthly Payments: Refinancing from a 15-year to 30-year loan reduces monthly payments but increases total interest.
You Need Cash Flow Relief: Lower payments free up money for other financial priorities or emergencies.
You Want Payment Predictability: Fixed rates provide stability for budgeting and long-term financial planning.
Long-Term Plans
You Plan to Stay Long-Term: 30-year fixed loans work best when you plan to stay in your home for many years.
You Want to Invest the Difference: Lower payments allow you to invest the savings for potentially higher returns.
MFP Tip: Calculate your break-even point by dividing closing costs by monthly savings to see how long you need to stay for refinancing to pay off.
How to Qualify for 30-Year Fixed Refinance
Main Qualification Requirements
Credit Score:
- 740+ for best rates
- 680-739 for good rates
- 620 minimum for most conventional loans
- 580 minimum for FHA refinances
Debt-to-Income Ratio:
- Maximum 43% DTI for conventional loans
- Up to 57% DTI for FHA refinances
- Lower DTI gets better rates
Home Equity:
- 20% minimum equity for conventional refinances
- 3.5% equity minimum for FHA refinances
- 25%+ equity avoids mortgage insurance
Employment:
- Two years steady employment history
- Income documentation required
MFP Tip: Check your credit report 2-3 months before applying to fix any errors and improve your score for better rates.
30-Year Fixed Refinance FAQs
How Much Does Refinancing Cost?
Costs typically range from 2% to 5% of your loan amount:
- Origination fees: 0.5% to 1% of loan amount
- Appraisal fee: $400-$800
- Title insurance: $500-$1,500
- Recording fees: $100-$500
Many lenders offer no-closing-cost refinances where they roll fees into your loan balance or charge a slightly higher interest rate.
Should I Refinance from 15-Year to 30-Year?
This makes sense if you:
- Need lower monthly payments for cash flow
- Want to invest the payment difference
- Are experiencing financial hardship
- Want more budget flexibility
Remember you’ll pay more total interest and take longer to build equity.
Can I Refinance with Bad Credit?
Options exist for borrowers with lower credit scores:
- FHA refinances accept scores as low as 580
- VA refinances for eligible veterans have flexible requirements
- Some lenders work with 620+ conventional borrowers
- Lower scores mean higher interest rates
How Long Does the Process Take?
The refinance process typically takes 30-45 days:
- Application and documentation: 1-2 weeks
- Appraisal scheduling: 1-2 weeks
- Underwriting review: 1-2 weeks
- Closing preparation: 1 week
What Documents Do I Need?
Gather these documents before applying:
- Income verification: Pay stubs, W-2s, tax returns
- Asset documentation: Bank statements, investment accounts
- Current mortgage statement
- Driver’s license or passport
- Homeowner’s insurance declaration page
MFP Tip: Having all documents organized and ready speeds up your application and helps you close faster, potentially locking in better rates.
More Home Loan Information:
Most Recommended Refinance Lenders
Loans Comparison Calculator: Heloc, Cash-Out, Home Equity, Renovation.
More Resources for Homeowners.