Updated July 1, 2026 · Reviewed monthly, next review early August 2026
What is the average loan interest rate right now?
As of June 2026, the average 30-year fixed mortgage rate in the United States is 6.49%, the average 60-month new car loan at commercial banks is 7.52% APR, and the average credit card rate across all accounts is 21.00%, per Freddie Mac and Federal Reserve data. There is no single "average loan rate" because each loan type prices differently. Secured loans with long terms, like mortgages, sit at the low end. Unsecured revolving credit, like credit cards, sits at the top.
| Loan type | Average rate | Year ago | Source | As of |
| 30-year fixed mortgage | 6.49% | 6.77% | Freddie Mac PMMS | June 25, 2026 |
| 15-year fixed mortgage | 5.84% | 5.89% | Freddie Mac PMMS | June 25, 2026 |
| New car loan, 60-month (banks) | 7.52% | 8.04% | Federal Reserve G.19 | Feb 2026 |
| New car loan, 72-month (banks) | 7.55% | 8.16% | Federal Reserve G.19 | Feb 2026 |
| Used car loan (all credit tiers) | 11.26% | 11.63% | Experian | Q4 2025 |
| Personal loan, 24-month (banks) | 11.40% | 11.66% | Federal Reserve G.19 | Feb 2026 |
| Credit card, all accounts | 21.00% | 21.37% | Federal Reserve G.19 | Feb 2026 |
| Credit card, accounts assessed interest | 21.52% | 21.91% | Federal Reserve G.19 | Feb 2026 |
Download the full table as a CSV: loan-rates-2026.csv.
Mortgage rates
The average 30-year fixed mortgage rate in the United States was 6.49% for the week ending June 25, 2026, according to Freddie Mac's Primary Mortgage Market Survey. A year earlier the same survey put it at 6.77%, so the headline rate has eased about a quarter point over twelve months. The 15-year fixed-rate mortgage averaged 5.84% for the week ending June 25, 2026, down from 5.89% a year earlier, per the same Freddie Mac survey. Rates have held in a narrow band through late spring; Freddie Mac notes they were roughly stable for six straight weeks heading into July.
The 65 basis point gap between the 30-year and 15-year terms is worth real money on a large balance. Run both terms through the mortgage calculator to see the payment and total interest difference on your loan amount. If you already hold a mortgage above 7%, the refinance calculator shows how long it takes closing costs to pay for themselves at today's averages.
Auto loan rates
Commercial banks charged an average of 7.52% APR on 60-month new car loans in February 2026, per the Federal Reserve's G.19 consumer credit release, down from 8.04% a year earlier. The 72-month new car average at commercial banks was 7.55% APR in February 2026, versus 8.16% a year before, from the same G.19 release. Stretching the term barely changes the bank rate right now. It does change total interest, which the auto loan calculator will show you term by term.
Used cars cost more to finance. The average used car loan across all credit tiers carried an 11.26% APR in the fourth quarter of 2025, down from 11.63% a year earlier, according to Experian's State of the Automotive Finance Market report. Experian's average blends every lender type and credit score, which is why it runs higher than the bank-only G.19 figure for new cars. Borrowers with prime credit will typically beat these averages; subprime borrowers will not.
Personal loan rates
The average 24-month personal loan at commercial banks carried an 11.40% APR in February 2026, according to the Federal Reserve's G.19 release. A year earlier, in February 2025, the same series stood at 11.66%. This is the closest thing to an official national personal loan average, though online lenders quote anywhere from around 7% for strong credit to 36% at the legal ceiling in most states. The personal loan calculator converts any quoted rate into a monthly payment and a total cost you can compare.
Credit card rates
The average credit card rate across all accounts at reporting banks was 21.00% APR in February 2026, per the Federal Reserve's G.19 release, down from 21.37% a year earlier. Accounts that actually carried a balance and were assessed interest averaged 21.52% APR in February 2026, versus 21.91% in February 2025, from the same release. Either figure dwarfs every installment loan on this page, which is the whole argument for paying card balances off first. If you carry balances on several cards, the debt payoff calculator orders them and estimates your payoff date.
Methodology
Every number on this page comes from a primary source, is quoted without adjustment, and carries its own observation date. We review this page monthly and update figures when a source publishes new data. Here is where each row comes from and what "average" means in each case:
- Mortgages: Freddie Mac Primary Mortgage Market Survey, published weekly on Thursdays. The average is calculated from rates on conventional, conforming home purchase applications submitted to Freddie Mac by lenders nationwide during the prior Thursday through Wednesday. Figures here are the week ending June 25, 2026.
- New car loans, personal loans, and credit cards: Federal Reserve G.19 consumer credit release dated May 7, 2026. Loan rates are simple unweighted averages of each commercial bank's most common rate during the first calendar week of the middle month of each quarter, so the Q1 2026 figures reflect early February 2026. The credit card "all accounts" rate averages stated APRs across all accounts; the "assessed interest" rate is the annualized ratio of finance charges to the balances they were charged on. New quarterly rates appear in the G.19 roughly every three months.
- Used car loans: Experian State of the Automotive Finance Market, Q4 2025 edition, published March 5, 2026. Experian averages actual loan originations across all lender types and credit tiers. Experian's Q1 2026 report was released in May 2026 but did not publish average APRs in its public summary, so we cite the most recent quarter where Experian stated the figure directly.
- Rows we skipped: Freddie Mac discontinued its 5/1 adjustable-rate mortgage series in November 2022, so no comparable national ARM average exists from that source. No federal statistical release publishes a national HELOC average, so we omit HELOCs rather than cite a commercial survey.
Averages describe the market, not your offer. Your rate depends on credit score, term, down payment, and lender. Estimates only, not financial advice.
Cite this page
LoanCalcTools, "Average Loan Interest Rates in the U.S. (2026)", loancalctools.com/average-loan-rates-2026, accessed 2026. The underlying table is available as a CSV download for reuse with attribution. Written and maintained by Jessica Martinez; see the authors page for her background and the checks each update to this page goes through.
Run your numbers
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