Des Moines, IA Mortgage Rates
Live Mortgage Rates in Des Moines, Iowa
6.490%
Des Moines Conventional Purchase benchmark (80% LTV, 780 FICO), updated Thursday, November 5, 2026 at 2:13 PM UTC
Sourced live from hundreds of wholesale lenders serving Des Moines and Iowa
Des Moines Benchmark Rates
Lowest available rate with no discount points paid in Des Moines, IA for each standard scenario, sourced live
| Scenario | Rate (no points) | APR |
|---|---|---|
Conventional Conventional Purchase (80% LTV, 780 FICO) · Des Moines, IA | 6.490% | 6.529% |
FHA FHA Purchase (96.5% LTV, 680 FICO) · Des Moines, IA | 5.990% | 6.023% |
VA VA Purchase (100% LTV, 680 FICO) · Des Moines, IA | 5.990% | 6.020% |
2026 Loan Limits in Iowa
Conforming
$832,750 baseline
FHA
$541,287
Standard FHA limit, applies to most Iowa counties.
About Des Moines Mortgage Rates
The rates shown above reflect the lowest available wholesale pricing for a Des Moines, Iowa homebuyer at the time of the snapshot. Rate Direct pulls pricing from hundreds of lenders serving Iowa and refreshes hourly, so the numbers stay close to what a licensed mortgage broker could actually source for a Des Moines property.
Your specific Des Moines rate depends on credit score, loan amount, property type (single-family vs multi-unit vs condo), loan-to-value, and loan purpose. A 780 FICO buyer at 80% LTV will price materially better than a 680 FICO buyer at 95% LTV. To see your exact rate across the full Iowa lender network, use the Rate Direct pricer.
Des Moines buyers also have access to FHA, VA, and USDA programs with lower down payments and more flexible credit guidelines. For down payment assistance specific to Iowa, see the Iowa DPA guide.
Get your personalized Des Moines mortgage rate
The rates above are the market benchmark for Des Moines. Your actual rate depends on your scenario.