Arkansas Mortgage Refinance Rates

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Loan Type	Rate	APR	Points	Est. Monthly Payment
FHA 30-Year Fixed	6.500%	7.337%	2.000	$2,250
VA 30-Year Fixed	6.375%	6.814%	2.250	$2,210
Conventional 15-Year Fixed	6.375%	6.874%	2.125	$3,024
Conventional 30-Year Fixed	6.875%	7.177%	2.000	$2,299
Jumbo 30-Year Fixed	6.875%	7.119%	2.250	$6,240

Loan Type	Rate	APR	Points	Est. Monthly Payment
FHA 30-Year Refinance	6.500%	7.399%	2.375	$2,250
VA 30-Year Refinance	6.500%	6.856%	2.500	$2,223
Conventional 15-Year Refinance	6.375%	6.948%	2.375	$3,024
Conventional 30-Year Refinance	7.000%	7.339%	2.125	$2,328
Jumbo 30-Year Refinance	6.875%	7.131%	2.300	$6,240

Loan Type	Rate	APR	Est. Monthly Payment
Fixed 20-Year HELOC	9.875%	9.875%	$956
Fixed 30-Year HELOC	10.375%	10.375%	$905

Loan Type	Rate	APR	Points	Est. Monthly Payment
Conventional 30-Year Cash-Out Refinance	7.125%	7.506%	2.375	$2,021

FHA 30-Year Fixed: Interest rate offered based on $356,125 loan amount with 7.337% APR and $2,250 monthly payment at 70% loan-to-value (LTV) and 2.000 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

VA 30-Year Fixed: Interest rate offered based on $354,375 loan amount with 6.814% APR and $2,210 monthly payment at 70% loan-to-value (LTV) and 2.250 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

Conventional 15-Year Fixed: Interest rate offered based on $350,000 loan amount with 6.874% APR and $3,024 monthly payment at 70% loan-to-value (LTV) and 2.125 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

Conventional 30-Year Fixed: Interest rate offered based on $350,000 loan amount with 7.177% APR and $2,299 monthly payment at 70% loan-to-value (LTV) and 2.000 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

Jumbo 30-Year Fixed: Interest rate offered based on $950,001 loan amount with 7.119% APR and $6,240 monthly payment at 70% loan-to-value (LTV) and 2.250 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 1, 2026.

FHA 30-Year Refinance: Interest rate offered based on $356,125 loan amount with 7.399% APR and $2,250 monthly payment at 70% loan-to-value (LTV) and 2.375 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

VA 30-Year Refinance: Interest rate offered based on $351,750 loan amount with 6.856% APR and $2,223 monthly payment at 70% loan-to-value (LTV) and 2.500 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

Conventional 15-Year Refinance: Interest rate offered based on $350,000 loan amount with 6.948% APR and $3,024 monthly payment at 70% loan-to-value (LTV) and 2.375 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

Conventional 30-Year Refinance: Interest rate offered based on $350,000 loan amount with 7.339% APR and $2,328 monthly payment at 70% loan-to-value (LTV) and 2.125 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

Jumbo 30-Year Refinance: Interest rate offered based on $950,001 loan amount with 7.131% APR and $6,240 monthly payment at 70% loan-to-value (LTV) and 2.300 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 1, 2026.

Fixed 20-Year HELOC: Interest rate offered based on $100,000 loan amount with 9.875% APR and $956 monthly payment at 20% loan-to-value (LTV) and 0.250 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

Fixed 30-Year HELOC: Interest rate offered based on $100,000 loan amount with 10.375% APR and $905 monthly payment at 20% loan-to-value (LTV) and 0.125 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

Home equity lines shown assume a 3-year draw period, a $25,000 minimum initial draw, a $99 annual fee, a $100 minimum payment. Repayment period is 204 and 324 months, following the draw period. Terms are an example only and vary by line amount, property and credit profile.

Conventional 30-Year Cash-Out Refinance: Interest rate offered based on $300,000 loan amount with 7.506% APR and $2,021 monthly payment at 70% loan-to-value (LTV) and 2.375 discount points. Payment is Principal and Interest example only. Rate shown is current as of November 6, 2026.

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Refinance Rates Trend in Arkansas

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

Rates as of November 6, 2026

Today’s 30-year fixed refinance rate in Arkansas is 7.000% (7.339% APR), and a 15-year is 6.375% (6.948% APR). On a typical $252,000 Arkansas loan, that’s about $1,677 a month in principal and interest over 30 years or $2,178 over 15. These figures use a typical Arkansas home price of $359,500 (the average of the median prices in its largest cities) and a loan at 70% of that value. Your numbers depend on your balance, your home’s value and your credit.

How much could you save by refinancing in Arkansas?

Monthly savings on a $252,000 balance if you refinance into today’s 30-year fixed rate of 7.000% (7.339% APR), by the rate you have now. If your current rate is at or below about 7.000%, a rate-and-term refinance at today’s rate won’t lower your payment; a cash-out refinance or HELOC may fit better if you need cash.

Your current rate	Payment now	New payment	Monthly savings	Break-even
7.500%	$1,762	$1,677	$85	99 months
8.000%	$1,849	$1,677	$173	49 months
8.500%	$1,938	$1,677	$261	33 months

Principal and interest only, comparing 30-year payments on the same $252,000 balance. New payment at 7.000% (7.339% APR) with 2.125 discount points. Break-even divides the points and lender fees built into that APR (about $8,393 on this loan) by the monthly savings; title, appraisal and other third-party closing costs add to that (try our refinance break-even calculator with your own numbers). Restarting a 30-year term can mean more total interest even when the payment drops.

Refinance payments in Arkansas's largest cities

Estimated monthly cost after refinancing a loan at 70% of each city’s median home price into today’s 30-year fixed rate of 7.000% (7.339% APR), with local property taxes and homeowners insurance.

City	Median price	Loan (70%)	Principal & interest	Taxes & insurance	Total monthly
Little Rock^†	$269,450	$189,000	$1,257	—	$1,257
Fayetteville^†	$414,200	$290,000	$1,929	—	$1,929
Fort Smith^†	$251,850	$176,000	$1,171	—	$1,171
Springdale^†	$398,900	$279,000	$1,856	—	$1,856
Jonesboro^†	$247,450	$173,000	$1,151	—	$1,151
Rogers^†	$575,000	$403,000	$2,681	—	$2,681

Principal and interest at 7.000% (7.339% APR) (30-year conforming refinance). Median prices from Movoto market trends, September 2026. † Tax or insurance estimate not available for this city, so it’s left out of the total.

15-year vs. 30-year refinance in Arkansas

On a typical $252,000 Arkansas loan, a 15-year refinance costs about $501 more a month than a 30-year, but saves about $211,538 in interest over the life of the loan.

Loan term	Rate (APR)	Principal & interest	Total interest
30-year fixed	7.000% (7.339% APR)	$1,677	$351,562
15-year fixed	6.375% (6.948% APR)	$2,178	$140,024

Conforming refinance rates for Arkansas as of November 6, 2026. Total interest assumes you keep the loan for the full term and make every scheduled payment. Taxes and insurance are the same for either term.

Refinance options in Arkansas by loan type

The examples above assume you’re refinancing into a conventional loan. If you have an FHA or VA loan, owe more than the conforming limit, or want to take cash out, one of these options may fit better.

If you have an FHA loan

FHA streamline refinance

Refinance an existing FHA loan with limited credit documentation and often no appraisal. FHA mortgage insurance still applies.

If you have a VA loan

VA IRRRL

The VA’s Interest Rate Reduction Refinance Loan lowers your rate with less paperwork than a standard refinance, with no monthly mortgage insurance.

If you owe more than $832,750

Jumbo refinance

A balance above the county’s 2026 conforming loan limit refinances into a jumbo loan.

If you need cash

Cash-out refinance or HELOC

A cash-out refinance replaces your loan with a larger one and pays you the difference. A HELOC lets you borrow against your equity and keep your current rate.

Arkansas refinance FAQs

What are refinance rates in Arkansas today?

As of November 6, 2026, Lower’s 30-year fixed refinance rate in Arkansas is 7.000% (7.339% APR) and the 15-year is 6.375% (6.948% APR). FHA refinances start at 6.500% (7.399% APR) and VA refinances at 6.500% (6.856% APR). Your rate depends on your credit, equity, loan amount and points.

When does refinancing make sense in Arkansas?

When the monthly savings pay back your closing costs before you sell or refinance again. On a typical $252,000 Arkansas loan, going from 8.000% to today’s 7.000% (7.339% APR) saves about $173 a month, and the points and lender fees in today’s quote (about $8,393) take about 49 months to recover. Compare the new term too: restarting at 30 years can add interest even when the payment drops.

Do Little Rock, Fayetteville or Fort Smith have higher conforming loan limits?

No. Every Arkansas county uses the same $832,750 limit for a one-unit home in 2026. A refinance above the limit is a jumbo loan, priced today at 6.875% (7.131% APR) for 30 years.

Can I refinance a VA loan in Arkansas?

Yes. If your current mortgage is VA-backed, a VA Interest Rate Reduction Refinance Loan (IRRRL) can lower your rate with less paperwork than a standard refinance. Lower’s 30-year VA refinance rate in Arkansas is 6.500% (6.856% APR) today. VA and lender requirements apply.

Related Arkansas mortgage pages

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The whole process was easy and fast. Excellant job!

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Steve was all around fantastic! He went way out of his way to help me out despite complications and stuck with me all the way through until the end. I will definitely be sticking with Steve for all my future mortgaging needs!

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Josh was Easiest loan officer I've ever had to work with was honest through the entire process and made it easy to close would definitely recommend to anyone looking to purchase a home!

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Jimmy was there for us starting step one to the finish line. He is very professional working side by side to make sure we were happy with thr house and etc.

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October 31, 2026

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We had a wonderful experience working with Eric throughout the process of buying our new home! He was always great at communicating, quick to answer any questions we had, and extremely helpful every step of the way. Buying a home can be stressf…ul, but he made the process so much easier by keeping us informed and explaining everything along the way. We truly appreciate all of his hard work and would definitely recommend him to anyone looking to purchase a home!

Andrea D.

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October 16, 2026

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The app, and how quickly folks responded to any questions!

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November 6, 2026

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Jimmy made the whole process as easy as possible. He was available at any time of the day to help and answer questions

Austin C.

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October 28, 2026

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Eric went above and beyond. From start to finish, if I needed something I could get ahold of him if he was in the office or not.

Spencer D.

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October 10, 2026

5.0

Stephanie communicates with the buyer and agent well! She is works hard to make sure that the buyer gets the best and deal and she is always so pleasent to work with! I look forward to working with her again!

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November 5, 2026

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He tells you exactly what you need to know and talked me through all the number. He was timely and kept us on track the whole time.

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September 28, 2026

Layne D. rated Jimmy McFarland 5.0 stars: Amazing communication April B. rated Steve Fischer 5.0 stars: The whole process was easy and fast. Excellant job! Christian G. rated Steve Fischer 5.0 stars: Steve was all around fantastic! He went way out of his way to help me out despite complications and stuck with me all the way through until the end. I will definitely be sticking with Steve for all my future mortgaging needs! Megan R. rated Josh Colvin 5.0 stars: It was a very simple process. The turn around time was great. Marcy K. rated Josh Colvin 5.0 stars: Josh was Easiest loan officer I've ever had to work with was honest through the entire process and made it easy to close would definitely recommend to anyone looking to purchase a home! Melissa F. rated Jimmy McFarland 5.0 stars: Jimmy was there for us starting step one to the finish line. He is very professional working side by side to make sure we were happy with thr house and etc. Andrea D. rated Eric Williams 5.0 stars: We had a wonderful experience working with Eric throughout the process of buying our new home! He was always great at communicating, quick to answer any questions we had, and extremely helpful every step of the way. Buying a home can be stressful, but he made the process so much easier by keeping us informed and explaining everything along the way. We truly appreciate all of his hard work and would definitely recommend him to anyone looking to purchase a home! Dylan G. rated Steve Fischer 5.0 stars: The app, and how quickly folks responded to any questions! Austin C. rated Jimmy McFarland 5.0 stars: Jimmy made the whole process as easy as possible. He was available at any time of the day to help and answer questions Spencer D. rated Eric Williams 5.0 stars: Eric went above and beyond. From start to finish, if I needed something I could get ahold of him if he was in the office or not. Autumn C. rated Stephanie Nelson 5.0 stars: Stephanie communicates with the buyer and agent well! She is works hard to make sure that the buyer gets the best and deal and she is always so pleasent to work with! I look forward to working with her again! Kevin B. rated Steve Fischer 5.0 stars: He tells you exactly what you need to know and talked me through all the number. He was timely and kept us on track the whole time.

Arkansas Mortgage Refinance Rates

Current Arkansas Home Refinance Rates

Get your personalized rate

Refinance Rates Trend in Arkansas

How much could you save by refinancing in Arkansas?

Refinance payments in Arkansas's largest cities

15-year vs. 30-year refinance in Arkansas

Refinance options in Arkansas by loan type

FHA streamline refinance

VA IRRRL

Jumbo refinance

Cash-out refinance or HELOC

Arkansas refinance FAQs

Related Arkansas mortgage pages

Loan Officers in Arkansas

Mark Brandon

Jimmy McFarland

Matt Sullivan

Josh Colvin

Eric Williams

Steve Fischer

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