Is a 6% mortgage rate good?
Historically, 6% is on the higher end — average 30-year rates ranged 3.5-4.5% from 2010-2021. But against the 2023-2026 environment, 6% is one of the better rates available. If you have FICO 740+ and 20% down, you should be able to land 6.0-6.5%.
More context
Historically, 6% is on the higher end — average 30-year rates ranged 3.5-4.5% from 2010-2021. But against the 2023-2026 environment, 6% is one of the better rates available. If you have FICO 740+ and 20% down, you should be able to land 6.0-6.5%. The exact answer depends on your specific situation — the numbers above are a strong starting point, but the right next step is to plug in your actual figures.
For a deeper analysis, use one of the related tools below — they take your specific income, debt, location, and goals as inputs and produce a tailored answer.