New York Mortgage Rates
Live Mortgage Rates in New York
6.490%
New York Conventional Purchase benchmark (80% LTV, 780 FICO), updated Thursday, November 5, 2026 at 12:59 PM UTC
Sourced live from hundreds of wholesale lenders serving New York
New York Benchmark Rates
Lowest available rate with no discount points paid in New York for each standard scenario, sourced live
| Scenario | Rate (no points) | APR |
|---|---|---|
Conventional Conventional Purchase (80% LTV, 780 FICO) · New York | 6.490% | 6.523% |
FHA FHA Purchase (96.5% LTV, 680 FICO) · New York | 5.990% | 6.026% |
VA VA Purchase (100% LTV, 680 FICO) · New York | 6.125% | 6.155% |
2026 Loan Limits in New York
Conforming (Conventional)
$832,750 baseline
Some New York counties qualify as high-cost, with limits up to $1,249,125.
FHA
$541,287
Standard FHA limit. Select high-cost New York counties allow more, up to $1,249,125.
VA
No loan limit
VA loans in New York have no maximum when full entitlement is available.
USDA
Varies by area
USDA Rural Development loans follow area income limits rather than a state loan limit.
How New York Mortgage Rates Are Calculated
The rates shown above reflect the lowest available wholesale pricing for New York homebuyers and refinancers from the lenders Rate Direct actively monitors. Pricing is pulled live and refreshed hourly, so the number you see matches what a licensed mortgage broker could source at the time of the snapshot.
Your actual rate in New York depends on your specific scenario - credit score, loan amount, property type, loan-to-value, and loan purpose all matter. A New York buyer with 780 FICO at 80% LTV will price differently than one at 680 FICO or 95% LTV. To see your exact rate across hundreds of lenders, use the Rate Direct pricer.
New York borrowers also have access to FHA, VA, and USDA programs with lower down payment requirements and more lenient credit guidelines. Compare all loan types on the Rate Index or explore down payment assistance programs.
New York Mortgage Rates by Metro
See live mortgage rate benchmarks for specific New York metros.
Get your personalized New York mortgage rate
The rates above reflect the New York market benchmark. Your actual rate depends on your scenario. See the lowest available rate with no discount points paid for your situation from hundreds of lenders serving New York.