New York City, NY Mortgage Rates
Live Mortgage Rates in New York City, New York
6.490%
New York City Conventional Purchase benchmark (80% LTV, 780 FICO), updated Thursday, November 5, 2026 at 1:16 PM UTC
Sourced live from hundreds of wholesale lenders serving New York City and New York
New York City Benchmark Rates
Lowest available rate with no discount points paid in New York City, NY for each standard scenario, sourced live
| Scenario | Rate (no points) | APR |
|---|---|---|
Conventional Conventional Purchase (80% LTV, 780 FICO) · New York City, NY | 6.490% | 6.523% |
FHA FHA Purchase (96.5% LTV, 680 FICO) · New York City, NY | 5.990% | 6.026% |
VA VA Purchase (100% LTV, 680 FICO) · New York City, NY | 6.125% | 6.155% |
2026 Loan Limits in New York
Conforming
$832,750 baseline
High-cost New York counties go up to $1,249,125 - New York City may qualify depending on the specific property county.
FHA
$541,287
Standard FHA limit. Select high-cost New York counties allow more, up to $1,249,125 - check your specific county.
About New York City Mortgage Rates
The rates shown above reflect the lowest available wholesale pricing for a New York City, New York homebuyer at the time of the snapshot. Rate Direct pulls pricing from hundreds of lenders serving New York and refreshes hourly, so the numbers stay close to what a licensed mortgage broker could actually source for a New York City property.
Your specific New York City 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 New York lender network, use the Rate Direct pricer.
New York City 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 New York, see the New York DPA guide.
Get your personalized New York City mortgage rate
The rates above are the market benchmark for New York City. Your actual rate depends on your scenario.