Mortgage rates have taken a fractional turn higher this week, but there are still lenders offering competitive interest rates. The Yahoo Finance weekly survey ranks lenders by the lowest annual percentage rate (APR), which includes lender fees.

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Mortgage Lenders with the Best Rates: July 6, 2026

Here are the 10 mortgage lenders with the best interest rates this week, as determined by our survey of the lowest mortgage rates on 30-year, fixed-rate conventional loans. The following numbers are each lender’s annual percentage rate (APR).

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Navy Federal Credit Union: 6.142%

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PenFed Credit Union: 6.181%

Better: 6.209%

Chase Home Loans: 6.232%

Citi Mortgage: 6.235%

Truist: 6.447%

Flagstar Bank: 6.466%

U.S. Bank: 6.542%

Citizens Bank: 6.576%

Wells Fargo: 6.628%

Navy Federal Credit Union has once again topped the list, with a fees-included home loan cost of 6.142%. This is despite having less than half the fees of PenFed Credit Union, with a one-half discount point compared to 1.125 discount points. However, anyone can join PenFed Credit Union, while Navy Federal requires a military connection.

The difference in APR between the top lender and the bottom-ranked Rocket Mortgage is 0.782 percentage points. This highlights the importance of shopping around for mortgage lenders, as borrowers can save up to an average of $44,000 over the life of a 30-year loan, according to analysis by Realtor.com.

It’s essential to focus on the APR when shopping for mortgage rates. The APR includes both the interest rate and lender fees, providing a more accurate measure of annual borrowing costs.

Discount points are an option that lenders often include in their advertised rates. However, buying points is optional, and each point represents 1% of your loan amount, generally lowering your interest rate by about 0.25%. For example, one point on a $400,000 mortgage would cost $4,000 and reduce a 6.25% home loan to 6%.

When shopping for mortgage rates, it’s best to have each lender provide a quote for a mortgage rate with zero discount points. This allows for an accurate side-by-side comparison of rates and fees.

How We Determined the Mortgage Lenders with the Lowest Rates

Our methodology for determining the mortgage lenders with the best rates involves sorting by APR, which includes both the interest rates and mortgage lender fees, including points. The table below shows the advertised 30-year fixed rate, points/notes, and lender fees for each of the top 10 lenders.

Mortgage Lenders Ranked by APR: July 9, 2026

Advertised 30-year fixed rate

Points/notes

Navy Federal

0.500 point

PenFed Credit Union

1.125 points and 1% origination fee

Better Mortgage

2.20 points

Chase Home Loans

Citi Mortgage

0.750 point

Truist Bank

0.900 point

Flagstar Bank

1 point and $1,295 origination fee

Citizens Bank

0.868 point

Wells Fargo

0.625 point

Fifth Third Bank

0.125 point

0.940 point

1.144 points

Bank of America

0.691 point

Third Federal

Rocket Mortgage