Find mortgage rates by state.

These rates and APRs are current as of 04/02/2025 and may change at any time. They assume you have a FICO® Score of 740+ and a specific down payment amount as noted below for each product. They also assume the loan is for a single-family home as your primary residence and you will purchase up to one mortgage discount point in exchange for a lower interest rate. Connect with a mortgage loan officer to learn more about mortgage points.

Conventional fixed-rate mortgage loans

With a fixed-rate loan you can enjoy a consistent rate, predictable monthly payments and a flexible down payment.

Consider if you:

  • Plan to stay in your home long term
  • Have an established credit history
  • Can put at least 5% down on a home

Conforming adjustable-rate mortgage (ARM) loans

With this type of loan, you can enjoy a lower rate and monthly payment during the initial rate period compared to fixed-rate loans.

Consider if you:

  • Know you’ll be moving within the next few years
  • Have an established credit history
  • Can put at least 10% down on a home

Jumbo adjustable-rate mortgage (ARM) loans

This option can exceed the conforming loan limit of $726,200 and up to $1,089,300 in high-cost areas like Alaska and Hawaii.

Consider if you:

  • Know you’ll be moving within the next few years
  • Have an established credit history
  • Can put at least 10% down on a home

Federal Housing Administration (FHA) mortgage loans

With this option, you can enjoy a consistent rate, low down payment requirement and flexible qualification guidelines.

Consider if you:

  • Have limited funds for a down payment
  • Don’t have an established credit history or have experienced credit challenges in the past

Veterans Affairs (VA) mortgage loans

These government-backed loans offer low or no down payment options, no mortgage insurance requirement and flexible qualification guidelines.

Consider if you:

  • Are an active military member or a veteran
  • Are the surviving spouse of a service member who died as a result of military service

Jumbo mortgage loans

With a jumbo loan you can enjoy an increased purchase limit and a competitive rate for higher-priced properties.

Consider if you:

  • Are buying a home that exceeds the conforming loan limit of $726,200 and up to $1,089,300 in high-cost areas like Alaska and Hawaii
  • Have an established credit history
  • Want a low down payment option
Start of disclosure content

Disclosures

Loan approval is subject to credit approval and program guidelines. Not all loan programs are available in all states for all loan amounts. Interest rates and program terms are subject to change without notice. Mortgage, home equity and credit products are offered by U.S. Bank National Association. Deposit products are offered by U.S. Bank National Association. Member FDIC.

  1. Footnote 1

    Annual percentage rate (APR) represents the true yearly cost of your loan, including any fees or costs in addition to the actual interest you pay to the lender. The APR may be increased after the closing date for adjustable-rate mortgage (ARM) loans.

    Return to content, Footnote 1

The rates shown above are the current rates for the purchase of a single-family primary residence based on a 45-day lock period. These rates are not guaranteed and are subject to change. This is not a credit decision or a commitment to lend. Your final rate will depend on various factors including loan product, loan size, credit profile, property value, geographic location, occupancy and other factors.

To lock a rate, you must submit an application to U.S. Bank and receive confirmation from a mortgage loan officer that your rate is locked. An application can be made by calling 855-781-2878, by starting it online or by meeting with a mortgage loan officer.

Minnesota properties: To guarantee a rate, you must receive written confirmation as required by Minnesota Statute 47.206. This statement of current loan terms and conditions is not an offer to enter into an interest rate or discount point agreement. Any such offer may be made only pursuant to subdivisions 3 and 4 of Minnesota Statutes Section 47.206.