Advertiser Disclosure
Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of lenders actively lending in Reno, Nevada. Our editorial content is independent of any advertiser relationships.
|✓Fact Checked|Mortgage Rates Last Updated and Verified: March 22, 2026
Current 30-year fixed mortgage rates in Reno, Nevada as of March 22, 2026 are as follows, according to verified data from MonitorBankRates: One Nevada Credit UnionOne Nevada Credit Union1296 E Plumb Ln Ste A, Reno, NV, 89502 6917A+5.0 ★Texas Ratio: 1.18% at 6.38%, Great Basin Federal Credit UnionGreat Basin Federal Credit Union322 Buck Dr, Reno, NV, 89506 6729A5.0 ★Texas Ratio: 8.76% at 6.12%, U.S. BankU.S. Bank1080 N Hills Blvd, Reno, NV, 89501A5.0 ★Texas Ratio: 6.46% at 6.49%, Silver State Schools Credit UnionSilver State Schools Credit Union170 S Rainbow Blvd, Henderson, NV, 89014A+5.0 ★Texas Ratio: 3.65% at 5.75%, and Baxter Credit UnionBaxter Credit Union2716 N Tenaya Way, Las Vegas, NV, 89128A5.0 ★Texas Ratio: 7.73% at 6.00%.
Mortgage rates in Reno, Nevada (NV) are continually updated to reflect market conditions. Whether you are purchasing a home or refinancing, comparing current loan options across top-rated local lenders and national banks is critical. We empower borrowers with transparent financial health metrics — including A-F Safety Grades, verified Star Ratings, and Texas Ratios — so you can confidently choose a stable, highly-rated institution.
Mortgage Rates reflect actual verified offers from lenders actively lending to Nevada borrowers. Your final approved rate will depend on your credit profile, loan-to-value ratio, and daily market movements. Last Updated and Verified: March 22, 2026
Reno, NV Mortgage Rate Trends
Compare local Reno, NV mortgage rate quotes against the statewide average
Weekly mortgage rate averages tracked across our database of 8,500+ banks and credit unions — updated every evening.
For buyers in Reno, NV, the broader Nevada 30-year fixed average mortgage rate rose 0.764 points this week to 6.524%, according to MonitorBankRates trend data.
15-Year Fixed — NV Avg
5.915%
▲ 0.820 from last week
For buyers in Reno, NV, the broader Nevada 15-year fixed average mortgage rate rose 0.820 points this week to 5.915%, according to MonitorBankRates trend data.
The mortgage rates displayed are verified and sourced directly from the official websites of the listed financial institutions. Your final approved rate will depend on your specific credit history, credit score, loan amount, and down payment.
Banks and Credit Unions: If you need to update your rate data or request removal from MonitorBankRates.com, please contact us here.
Direct-Sourced & Verified Mortgage Rate Data: We aggregate mortgage and refinance rates for Reno, Nevada directly from the official websites of local lenders, credit unions, and national mortgage originators using our proprietary rate aggregation technology and a dedicated team of rate updaters. Every rate displayed is highly accurate and trustworthy.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available home loan products in Reno, Nevada. We feature a comprehensive mix of licensed NMLS financial institutions — from neighborhood credit unions and competitive regional banks to large national originators available to borrowers in NV.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update mortgage rates daily. Because rates and APRs can fluctuate rapidly based on bond markets and economic conditions, every loan product features its own “last updated” date for full transparency.
Proprietary Lender Health & Safety Grades: Beyond tracking rates, MonitorBankRates evaluates the financial stability of every listed institution. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective regulatory data — including the Texas Ratio — ensuring you compare rates from secure, reliable lenders.
Frequently Asked Questions about Mortgage Rates in Reno, Nevada
How does my credit score affect my rate in Nevada?
Your credit score is a major factor. Generally, borrowers in Reno, Nevada with higher credit scores (760+) receive the lowest interest rates.
What is a 30-Year Fixed Mortgage?
A 30-year fixed-rate mortgage is a home loan where the interest rate remains the same for the entire 30-year term. It is the most popular type of mortgage in Nevada because it offers lower monthly payments compared to shorter-term loans.
What are closing costs in Nevada?
Closing costs are fees paid at the end of a real estate transaction, typically ranging from 2% to 5% of the loan amount. In Nevada, these may include appraisal fees, title insurance, and recording fees.
Should I lock my mortgage rate?
If you are satisfied with the current rate and worried rates might rise before closing on your home in Reno, Nevada, locking your rate is a good idea. It guarantees your rate for a specific period.
What is an Adjustable-Rate Mortgage (ARM)?
An ARM has an interest rate that can change over time. It usually starts with a lower fixed rate for a period (e.g., 5 years) before adjusting annually based on market indices.
What is a Jumbo Loan in Reno, Nevada?
A Jumbo Loan exceeds the conforming loan limits set by the FHFA. In high-cost areas of Nevada, these limits are higher. These loans typically require stronger credit and larger down payments.
Do I need 20% down to buy a house in Nevada?
No. While 20% avoids Private Mortgage Insurance (PMI), many lenders in Reno, Nevada offer loans with as little as 3% or 3.5% down (FHA). VA loans may require no down payment.
What is the difference between Interest Rate and APR?
The interest rate is the cost of borrowing the principal. The APR (Annual Percentage Rate) includes the interest rate plus other costs like points and fees, giving a truer cost of the loan.
How do I find the best lender in Reno, Nevada?
Compare rates from multiple sources including local banks, credit unions, and online lenders using the tables on this page to find the best offer for your situation.
What are the best Mortgage rates in Reno, Nevada?
One Nevada Credit Union: 6.38% (30 Year Fixed)
Great Basin Federal Credit Union: 6.12% (Conventional 30 Year Fixed)
U.S. Bank: 6.49% (30-year fixed refinance)
Silver State Schools Credit Union: 5.75% (30-Year Fixed)
Mortgage Rates reflect actual verified offers from lenders actively lending to Nevada borrowers. Your final approved rate will depend on your credit profile, loan-to-value ratio, and daily market movements. Last Updated and Verified: March 22, 2026
Brian McKay
