20-Year Fixed Mortgage Rates Today
Ralo’s 20-year fixed mortgage rate is 7.13% with a 7.22% APR, priced October 6, 2026, for $500,000 loan · 75% LTV · 780+ FICO · Primary residence in Austin, TX. Ralo is an automated mortgage broker, not a lender: it prices one application across the lenders it works with and earns a thin commission. These are illustrative figures for comparison, not a quote, rate lock or commitment.
Weekly closes, last 12 weeks
| Priced | Rate | APR |
|---|---|---|
| October 6, 2026 | 7.125% | 7.222% |
| October 4, 2026 | 7.125% | 7.227% |
| September 27, 2026 | 7.125% | 7.170% |
| September 19, 2026 | 6.750% | 6.813% |
| September 13, 2026 | 6.624% | 6.700% |
| September 6, 2026 | 5.990% | 6.075% |
| August 30, 2026 | 5.990% | 6.023% |
| August 23, 2026 | 5.875% | 5.922% |
| August 16, 2026 | 5.875% | 5.936% |
| August 9, 2026 | 5.875% | 5.950% |
| July 30, 2026 | 5.875% | 5.908% |
| July 26, 2026 | 5.990% | 6.027% |
| July 19, 2026 | 5.750% | 5.795% |
Flat this month.
What this number is, and is not
Each business day Ralo prices one fixed scenario through its pricing engine and records the 20-year fixed rate and APR; the weekly table shows the last close of each week. The scenario is $500,000 loan · 75% LTV · 780+ FICO · Primary residence in Austin, TX, with no points. It is not the rate you will be offered: your credit score, down payment, property, occupancy, loan size and lock period all move the price. What it is good for is direction and comparison. If a quote for a similar scenario carries a materially higher APR for the same term, ask what fees or points account for the gap. The full method is on the methodology page.
How to compare a quote to this page
- Match the term: a 20-year fixed quote against this page, not against another term.
- Compare APR to APR. The rate alone hides points and lender fees; the Loan Estimate shows both.
- Check the date. A quote is priced the day it is issued; this page shows its own pricing date.
- Check the lock. A longer lock period usually costs a little more than the scenario here assumes.
- See how a rate near today’s reads in context: is 7% a good mortgage rate?