Iowa Mortgage Rate Trends
Track current and weekly average mortgage rates across all loan products in Iowa, view interactive rate trend charts, and compare IA borrowing costs against the national average.
Current Iowa Mortgage Rate Trends
Mortgage rates in Iowa held steady this week at a 30-year fixed average of 6.214%. IA rates are unchanged from the prior week, reflecting a period of stability in local lending conditions.
At 6.214%, Iowa's 30-year fixed rate sits -0.106 below the current national average of 6.320%. This favorable spread suggests IA borrowers may have a competitive advantage relative to the rest of the country.
The 15-year fixed rate in Iowa currently averages 5.692%, compared to 5.692% last week. Homeowners considering a refinance into a shorter term should weigh this rate against their current loan conditions and remaining balance. Shorter-term loans typically carry lower rates but require higher monthly payments.
The Iowa mortgage rate averages displayed on this page are calculated from 250 verified mortgage rate quotes collected across 56 lenders actively operating in Iowa. Our proprietary systems collect and verify mortgage rates daily — tracking what real licensed institutions are actually quoting to borrowers, not published rate sheet estimates.
Unlike rate comparison sites that show only a handful of lenders, MonitorBankRates maintains a continuously updated mortgage rate database spanning community banks, regional lenders, national institutions, and credit unions across Iowa. This scale allows us to calculate averages that reflect the full lending landscape — not just the most aggressive advertisers — giving borrowers, journalists, and real estate professionals a more accurate benchmark for what rates actually look like in IA.
Data reflects average rates offered by licensed institutions operating in IA. Last Updated: April 19, 2026
Iowa Mortgage Rate Trends
Daily average rates across all loan products. Hover over the chart to see exact rates for each day.
Iowa mortgage rate averages compiled from 250 current mortgage rates across 56 lenders operating in IA — updated daily.
As of Apr 19, 2026 • Data provided by MonitorBankRates.com
For Media, Researchers & Real Estate Professionals
Journalists covering Iowa housing markets, real estate professionals advising clients on timing, and academic researchers studying regional lending patterns are welcome to cite and reference this data. All historical IA rate data is free to use for editorial, research, and educational purposes.
Please attribute MonitorBankRates.com when referencing our figures in any publication, article, or report — and optionally link to https://monitorbankrates.com/mortgage-loan-rates/iowa/trends. For custom data pulls, contact us here.
