Jumbo 30-Year mortgage rates
Average 30-year fixed 6.49% · Updated July 9, 2026 · Freddie Mac (FRED)
A jumbo loan exceeds the conforming loan limit and is held on a lender’s own books, so pricing and standards are set by the bank rather than Fannie Mae or Freddie Mac.
Expect a 700+ credit score, 10–20% down and full documentation. Because banks price jumbos for strong-deposit clients, an existing banking relationship is negotiating leverage on the rate.
In high-cost counties, a “high-balance” conforming loan can sit between the standard limit and jumbo territory — a distinction worth a fraction of a point.
Jumbo 30-Year rate FAQ
What is the current jumbo 30-year rate?
As of July 9, 2026, the national average jumbo 30-year rate is about 6.55%. On a $400,000 loan that works out to roughly $2,541 a month in principal and interest over 30 years.
Averages assume a well-qualified borrower — your quote depends on credit, down payment and lender.
Why is my quoted rate different from the average?
National averages assume strong credit, a solid down payment and a single-family primary home. Lower scores, smaller down payments, condos, second homes and cash-out all add pricing adjustments, so the average is a benchmark for judging quotes — not a promise.
Rates shown are national weekly averages for general guidance, not an offer or personalized quote. Payment estimates assume the down payment noted plus estimated taxes and insurance. Confirm current pricing with a licensed lender.