USDA 30-Year mortgage rates
Average 30-year fixed 6.49% · Updated July 9, 2026 · Freddie Mac (FRED)
USDA loans offer zero-down financing in eligible rural and many suburban areas, with a guarantee fee in place of traditional mortgage insurance.
Eligibility hinges on the property’s location and household income limits rather than first-time-buyer status. Where a home qualifies, USDA is one of the few remaining true zero-down options and carries the highest approval rate of any major program.
Check the USDA property-eligibility map and your area’s income cap before counting on it.
USDA 30-Year rate FAQ
What is the current usda 30-year rate?
As of July 9, 2026, the national average usda 30-year rate is about 6.30%. On a $400,000 loan that works out to roughly $2,476 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.