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Today's Mortgage Rates in Iowa

Get a Lower rate in Iowa whether you're buying, looking to get cash out of your home or lower your monthly mortgage payment.

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IA Mortgage Rate Insights

  • The 30-Year Conventional Mortgage rate is 6.250%.
  • The 30-Year Conventional Refinance rate is 6.375%.
  • Rates are current as of July 29, 2026.

Current Iowa Mortgage Rates

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Mortgage Rates Trend in Iowa

Historical rates shown for context only. See full disclosures below and current rates in the table above. View Legal Disclosures

What Affects Mortgage Rates in Iowa

Iowa mortgage pricing follows national lending markets rather than rates set by state borders. Your credit profile, loan structure, property details and other application factors can affect the pricing offered to you.

A mortgage quote for a home in Des Moines can differ from one for a property in rural Iowa when the borrower, property or loan details change.

When comparing lenders for a home purchase, look at both the interest rate and the annual percentage rate, or APR. The interest rate is the percentage charged for borrowing the principal. APR is a broader annualized measure that includes the interest rate plus certain loan costs.

Comparing both can help you identify differences between offers with similar interest rates but different qualifying costs.

You can review Iowa refinance rates if you're considering refinancing your current home loan.

Types of Mortgages Available in Iowa

Iowans buying a home can choose among several mortgage structures, while the amount borrowed determines whether conventional financing stays within Iowa's statewide conforming limit.

  • A conventional fixed-rate mortgage keeps the same interest rate for the full loan term. Your credit profile, down payment, property and other application details affect the terms available to you.

  • FHA loans in Iowa follow separate borrower and property requirements. FHA loan limits are set separately from conforming limits and are published county by county.

  • Eligible borrowers can compare Iowa VA loan rates. VA financing follows its own borrower and property requirements.

  • USDA loans combine borrower qualification with property eligibility and may apply when you are buying in an eligible rural part of Iowa.

  • An adjustable-rate mortgage can change after its initial rate period according to the loan terms. Review the adjustment schedule and how later changes could affect your payment.

  • A jumbo loan finances an amount above the applicable conforming limit. Iowa uses one statewide one-unit threshold for 2026, which is covered in the next section.

Buyers entering the market for the first time can compare first-time homebuyer loan options in Iowa.

Mortgage insurance treatment depends on the loan program, so include mortgage insurance requirements by loan type when estimating the full payment.

2026 Conforming and Jumbo Loan Limits in Iowa

All 99 counties in Iowa use the same $832,750 one-unit conforming loan limit for 2026. The Federal Housing Finance Agency, or FHFA, sets conforming loan limits annually.

A one-unit mortgage above $832,750 falls into the jumbo category anywhere in Iowa. The threshold applies to the amount borrowed rather than the home's purchase price, so a higher-priced home can still use conforming financing when the mortgage itself stays within the limit.

Buyers borrowing above $832,750 can compare Iowa jumbo loan rates. Because the same one-unit limit applies across all 99 counties, there is no county-level conforming table to check.

These are 2026 limits for one-unit properties. Limits for two-, three- and four-unit properties are higher. The FHFA publishes annual conforming loan limit values by county and property size.

FHA financing uses a separate limit system. FHA loan limits in Iowa are set separately from conforming limits and are published county by county. The VA does not impose a loan limit for eligible borrowers with full entitlement. Lenders may still apply their own underwriting and loan-size requirements, and Iowa VA loan rates are published separately.

Iowa Mortgage Payment Examples By Rate

Iowa's payment examples extend to an $800,000 mortgage, which remains below the statewide $832,750 one-unit conforming limit for 2026. The table shows principal-and-interest payments across the supplied loan amounts and rates. Use the Iowa mortgage payment calculator to test a different loan amount or other mortgage details.

Loan Amount 5.50% 5.75% 6.00% 6.25% 6.50%
$800,000 $4,542 $4,669 $4,796 $4,926 $5,057
$700,000 $3,975 $4,085 $4,197 $4,310 $4,424
$600,000 $3,407 $3,501 $3,597 $3,694 $3,792
$500,000 $2,839 $2,918 $2,998 $3,079 $3,160
$400,000 $2,271 $2,334 $2,398 $2,463 $2,528
$300,000 $1,703 $1,751 $1,799 $1,847 $1,896

The figures cover principal and interest only. Property taxes, homeowners insurance, mortgage insurance, association fees and other costs are not included.

Iowa Mortgage FAQs

Are there homebuyer assistance programs in Iowa?

The Iowa Finance Authority provides information about available homebuyer programs, eligibility and application requirements.

What is the conforming loan limit in Iowa for 2026?

Every county in Iowa uses a 2026 one-unit conforming loan limit of $832,750. A one-unit mortgage above $832,750 falls into the jumbo category statewide.

How can I get a lower mortgage rate?

Your credit profile, debt load and down payment can affect the pricing offered to you. Compare mortgage offers using APR as well as the interest rate. Temporary rate buydowns and seller concessions can also affect the cost or payment structure of a transaction. Compare the complete terms of the offers you receive.

How will property taxes and insurance in Iowa
affect my mortgage payment?

Property taxes and homeowners insurance are usually collected monthly when your mortgage uses an escrow account. The lender holds those amounts until the bills are due, so the full monthly payment exceeds principal and interest alone. Review escrow requirements by loan type and property taxes by state and county when estimating these costs.

Find Out Why Iowans Love Lower

Don't take our word for it. We've got 50,000 five-star reviews and counting. Read what real customers have to say.
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5.0

Rachelle was great to work with and made sure that we got the notifications and paperwork signed timely. She kept our closing on schedule and is highly recommended.

Megan E.

Verified Customer

July 9, 2026

5.0

We had an outstanding experience working with TJ throughout our home loan process. From start to finish, she was incredibly communicative, encouraging, and always made us feel like a priority. She took the time to answer every question, kept us informed every step of the way, and made what could have been a stressful process feel smooth and manageable. Her dedication, professionalism, and genuine care for her clients truly set her apart. We are so grateful for everything she did to help us secure our loan and would highly recommend TJ to anyone looking for a knowledgeable and trustworthy lender!

Brittany H.

Verified Customer

July 28, 2026

5.0

Adriel was outstanding in all steps, very, very helpful.

Allen B.

Verified Customer

June 23, 2026

5.0

Cindy has been so kind and helpful through our challenging and sometimes messy situation. Great advice and attentiveness.

Adam D.

Verified Customer

August 2, 2026

5.0

Jeff and his team were friendly, professional and very respectful of my needs. They worked very diligently to solve problems and get us into our new home in a timely manner. I highly recommend them.

Scott L.

Verified Customer

May 29, 2026

5.0

Judy is an exceptional person. She made everything happen for us in a very short time period and we cannot thank her enough.

David P.

Verified Customer

May 23, 2026

5.0

Buying a home can be incredibly stressful and overwhelming, but Hailey made the entire experience feel so much easier than we ever expected. From start to finish, she was knowledgeable, responsive, patient, and genuinely supportive every step of the way. What stood out the most to us was not only how professional and hardworking she was, but how down-to-earth and understanding she was as a person. Life doesn’t stop just because you’re buying a house, and she truly understood that. She was patient with questions, understanding about everyday life and scheduling challenges, and never once made us feel pressured or judged. She treated us like real people instead of just another file on her desk, and that meant a lot during such a major life moment. She always made sure we understood what was happening throughout the process, explained things clearly, and kept communication open the entire time. Any stress or confusion we had, she helped calm immediately with honesty, reassurance, and guidance. It genuinely felt like she wanted the best for our family and cared about helping us succeed. Because of her, what could have been an exhausting and intimidating process ended up feeling exciting and manageable. We are beyond grateful for all of her hard work, kindness, and dedication. We truly cannot recommend Hailey enough. If you want someone who is professional, trustworthy, incredibly good at what she does, while also being compassionate, approachable, and easy to work with, she is absolutely the person you want helping you through the home-buying process.

Dominique A.

Verified Customer

May 26, 2026

5.0

Cindy's approach was courtoues and personable .She communicated in a way that treated people like people instead of just another client. In other words she talked and interacted with people with the dignity and respect one human should to another human.

David C.

Verified Customer

July 18, 2026

5.0

Miranda was willing to answer any and all questions I had before and during the process of major decisions. She informed me with the needful and necessary knowledge I didn't have. She is a wonderful person to work with.

Curtis J.

Verified Customer

July 13, 2026

5.0

Graham did a fantastic job helping us through this process. He was always available and completed things quickly.

Brittany B.

Verified Customer

July 9, 2026

5.0

Kristin made it great!!!

Natalie C.

Verified Customer

August 5, 2026

5.0

I have known Jill for over 20 years. She's helped me through at least six home purchases or re-fi's, and three of those were after my divorce. I didn't know where to start but Jill walked me through it step by step. I wouldn't go to anyone else.

Pamela S.

Verified Customer

July 6, 2026

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