Today's Rates
National average mortgage, savings, and benchmark interest rates pulled from official federal sources (FRED). Use them as the honest baseline when a lender or bank quotes you a rate.
Latest observation: Aug 10, 2026 · checked for source updates every 6 hours
Mortgage Rates
Savings & CD Rates
FDIC national averages across all banks — top online high-yield savings accounts and CDs typically pay several times these averages, so treat them as a floor, not a target.
Benchmark Rates
How to read these rates
Mortgage averages are weekly Freddie Mac survey rates for borrowers with strong credit — your quote will vary with credit score, points, and loan type. FDIC deposit averages include thousands of traditional banks, which is why they look low next to online high-yield accounts. The Fed funds target and SOFR drive what banks pay each other and feed through to credit card APRs, HELOCs (via prime), and savings yields. Compare offers with our calculators before deciding.
Today's Interest Rates FAQ
How the data is updated, what national averages mean, and why your bank or lender may quote a different rate.
How often are the rates on this page updated?
SmartRates checks FRED for new official observations at most every six hours. The displayed value changes only when the underlying agency publishes a new observation, so some rates update on business days, mortgage averages update weekly, and FDIC deposit averages update less frequently.
Are these live interest rates?
No. These are the latest published national or benchmark observations available through FRED, not streaming lender quotes. Each card shows its observation date so you can see how current that particular series is.
Why are mortgage rates updated weekly?
The 30-year and 15-year mortgage figures come from Freddie Mac's Primary Mortgage Market Survey, which is published weekly. They are national averages for a defined borrower profile, not guaranteed offers from a specific lender.
Why is the savings rate lower than high-yield savings offers?
The savings figure is an FDIC national average covering many banks, including traditional accounts with very low yields. Competitive online high-yield savings accounts may pay substantially more, so compare an account's current APY, fees, balance requirements, and deposit-insurance coverage.
How do Fed rate changes affect mortgage, savings, and credit card rates?
Fed policy affects short-term funding costs. Prime-rate-linked credit cards and HELOCs often respond relatively quickly, while savings rates depend on each bank. Fixed mortgage rates are influenced more directly by longer-term Treasury yields, inflation expectations, and mortgage-market conditions.
Will I qualify for the mortgage or loan rate shown here?
Not necessarily. Your offered APR can differ based on credit score, debt-to-income ratio, down payment, loan term, points, fees, property type, location, and lender. Use these rates as benchmarks and compare personalized Loan Estimates or lender disclosures.
What is the difference between an interest rate, APR, and APY?
An interest rate is the base percentage charged or earned. APR is a standardized annual borrowing-cost measure that may include certain fees. APY measures deposit earnings and includes compounding. Compare mortgage and loan offers using APR and deposit accounts using APY.