Current Iowa Mortgage Rates
Average market rates for January 23, 2026 in Iowa are 6.19% for 30-year fixed purchase and 6.27% for 30-year fixed refinance
| Product | Rate | APR |
|---|
| 30-year Fixed Purchase | 6.19% | 6.22% |
| 30-year Fixed Refinance | 6.27% | 6.30% |
Rates based on market averages as of Jan 22, 2026.Mortgage Rate Trends in Iowa
| Product | Rate | APR |
|---|
| 30-year Fixed Purchase | 6.19% | 6.22% |
| 30-year Fixed Refinance | 6.27% | 6.30% |
Rates based on market averages as of Jan 22, 2026.Iowa Purchase Rates
| Product | Rate | APR |
|---|
| 15-year Fixed Purchase | 5.41% | 5.46% |
| 15-year Fixed Jumbo Purchase | 6.00% | 6.03% |
| 30-year Fixed Purchase | 6.19% | 6.22% |
| 30-year Fixed Jumbo Purchase | 6.75% | 6.76% |
Rates based on market averages as of Jan 22, 2026.Iowa Refinance Rates
| Product | Rate | APR |
|---|
| 15-year Fixed Refinance | 5.38% | 5.43% |
| 15-year Fixed Jumbo Refinance | 6.01% | 6.03% |
| 30-year Fixed Refinance | 6.27% | 6.30% |
| 30-year Fixed Jumbo Refinance | 6.74% | 6.76% |
Rates based on market averages as of Jan 22, 2026.Iowa ARM Rates
| Product | Rate | APR |
|---|
| 5/6 Arm (purchase) | 6.08% | 6.11% |
| 5/6 Arm (refinance) | 6.11% | 6.15% |
| 5/6 Jumbo Arm (purchase) | 5.72% | 5.73% |
| 5/6 Jumbo Arm (refinance) | 5.75% | 5.77% |
Rates based on market averages as of Jan 22, 2026.How we source rates and rate trends
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Rate data in the charts and tables above comes from
RateUpdate.com.
The displayed rates come from multiple providers and represent market averages. Your mortgage rate will differ
based on individual factors like your credit score as well as differing loan types and terms offered by lenders.
Most Common Mortgage Types in Iowa
- Conventional: 35,048 loans
- FHA: 4,298 loans
- USDA: 1,091 loans
- VA: 2,571 loans
Top Purchase Lenders in Iowa by Volume
- Greenstate Credit Union: 7,493 loans
- Veridian Credit Union: 2,874 loans
- Hills Bank And Trust Company: 2,312 loans
- Iowa Bankers Mortgage Corporation: 1,867 loans
- Collins Community Credit Union: 1,725 loans
- U.S. Bank: 1,040 loans
- Wells Fargo Bank: 1,000 loans
- Northwest Bank: 993 loans
- Lincoln Savings Bank: 864 loans
- Rocket Mortgage, LLC: 821 loans
Top Refinance Lenders in Iowa by Volume
- Greenstate Credit Union: 1,319 loans
- Veridian Credit Union: 793 loans
- U.S. Bank: 633 loans
- Dupaco Community: 443 loans
- Iowa Bankers Mortgage Corporation: 367 loans
- Collins Community Credit Union: 327 loans
- Rocket Mortgage, LLC: 323 loans
- Northwest Bank: 290 loans
- Midwestone Bank: 289 loans
- Wells Fargo Bank: 258 loans
Top Cash-Out Refinance Lenders in Iowa by Volume
- Greenstate Credit Union: 1,844 loans
- Rocket Mortgage, LLC: 1,353 loans
- Community 1st Credit Union: 597 loans
- Wells Fargo Bank: 458 loans
- Iowa Bankers Mortgage Corporation: 403 loans
- Veridian Credit Union: 400 loans
- Loandepot.com, LLC: 292 loans
- Nationstar Mortgage LLC: 257 loans
- Deere Employees Credit Union: 236 loans
- Dupaco Community: 223 loans
How we source lender data
Meet the Author
The Refi.com team is compiled of journalists, editors, and mortgage industry professionals to ensure you have the most accurate information on mortgage refinancing.
