Forgotten Your Password?

Need to Register?

Iowa Mortgage Rates

Updated: July 15, 2024

Compare today's rates for Mortgage Refinance in IA

Loan Program
Loan Amount
Loan Type:
Credit Score

Mortgage rates for Iowa go down to 3.00%

Monday, July 15, 2024

Mortgage rates for Iowa on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That dropped from 3.00% to 3.00%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for Iowa is now at 4.56%.

If you are looking for up to the minute Iowa mortgage rates, you’ve come to the right place.  Finding the lowest rates is easy when you have access to our vast network of trusted mortgage professionals in Iowa. Talk to multiple mortgage lenders in IA to compare rate quotes and understand your options.

Iowa Mortgage Refinance

Why is it critical to find the lowest rate when refinancing?  Simply put, this is the entire goal of a refinance.  The lower your new rate, the more money you’ll save. While there are many ways to secure a refinance loan, the best option is the no cost refi, which allows you to switch to a new mortgage with a lower rate without paying the fees associated with closing a new loan.  This can literally save you thousands of dollars.

Home Loans in Iowa

The loan types available in Iowa are much like those available elsewhere.  One of the most widely available mortgage loan types is the 30 year fixed rate mortgage.  As the name implies, this loan comes with a fixed interest rate.  This is considered the most financially sound mortgage by many borrowers. Some opt for the 15-year fixed option.

The adjustable rate mortgage (ARM) is another common loan type.  You can also pursue a jumbo loan, interest-only loan, balloon mortgage, or other specialized loan type.  Whether or not one of these loans fits you will depend entirely on your needs and the requirements of your lender.  Government backed loans, such as the FHA loan and the VA loan, are available to those who qualify.

Iowa Scenery

About Iowa

Iowa is a state in the midwestern United States.  Its name comes from the ethnic name of the region’s first recorded inhabitants, the Ioway people.

Iowa is characterized by its endless beautiful plains.  It has the same climate and weather patterns as the rest of the Midwest, with hot, humid summers and cold winters. Major Iowa cities include Des Moines, Cedar Rapids, Davenport, and Sioux City. If you enjoy a quieter, rural lifestyle, you may want to consider owning a home in Iowa.

To learn more about homeownership in Iowa or research IA  home buying programs, visit the Iowa HUD portal.

You can click on any of the links below to continue reading about mortgage loans in Iowa.

Popular loan programs
Local Cities

user suit Lenders in: Iowa.

Subscribe to our news feed.