Mortgage Rates in Colorado Springs, CO: Today's Averages & 2026 Outlook
Colorado Springs 30-year fixed rates are running around 6.86% — roughly 1 bps above the national average of 6.85%. Here's how Colorado Springs rates stack up, what drives the metro spread, and the payment math on a typical Colorado Springs home.
Today's Colorado Springs rates by loan type
Estimates for Colorado Springs based on the current national 30-year average of 6.85% plus the metro's typical spread (+1 bps). Live national rate sourced daily from Freddie Mac PMMS. Your actual quote will depend on your credit, down payment, and lender.
What drives Colorado Springs mortgage rates
The national 30-year average sets the floor for every Colorado Springs lender. But the $Colorado Springs metro typically prices about 1 basis points above that national benchmark because of local dynamics.
Local market read. VA share elevated (military presence).
Who's lending. VA specialists and national non-banks lead.
Median deal size. A typical Colorado Springs loan is around $415,000 on a $465,000 home. That sits well inside conforming loan limits, so most Colorado Springs buyers get standard agency pricing.
What a typical Colorado Springs payment looks like
| Line item | Estimate |
|---|---|
| Median home price (Colorado Springs) | $465,000 |
| Median loan amount | $415,000 |
| 30-yr rate (Colorado Springs avg) | 6.86% |
| Monthly principal & interest | $2,722 |
| Est. full PITI (add ~30% for taxes/insurance) | ~$3,539 |
Directional math for Colorado Springs in 2026. Add property taxes, homeowners insurance, PMI (if less than 20% down), and any HOA dues for full monthly cost. Our mortgage calculator lets you plug in your exact numbers.
More on buying in Colorado
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Colorado Springs mortgage rates: FAQ
What is today's mortgage rate in Colorado Springs, CO?▾
The average 30-year fixed mortgage rate in Colorado Springs is around 6.86% — 15-year fixed near 6.11%, FHA around 6.61%, VA around 6.51%. That's roughly 1 bps above the current US 30-year average of 6.85%. Your actual rate depends on credit score, down payment, loan type, and lender competition — always compare Loan Estimates from at least three lenders.
How do Colorado Springs mortgage rates compare to the national average?▾
Colorado Springs rates typically sit slightly above (about 1 bps higher than) the US 30-year average. The metro spread reflects local lender competition, loan mix, and property-tax/insurance dynamics specific to the Colorado Springs area.
What's the median home price in Colorado Springs?▾
The median home price in the Colorado Springs metro is about $465,000, with a typical loan amount of $415,000 at conventional LTVs. At today's 6.86% rate, principal and interest on that loan runs about $2,722/month — before property taxes, homeowners insurance, and (if applicable) PMI or HOA dues.
Who are the top lenders in Colorado Springs?▾
VA specialists and national non-banks lead. You'll get the best rate by comparing at least three Loan Estimates — a mix of a national non-bank lender, a local credit union, and (for higher loan amounts) a portfolio bank tends to reveal the best pricing for your specific profile.
Should I lock my rate now or wait in Colorado Springs?▾
VA share elevated (military presence). On rate timing itself, no one can call the exact peak or trough — but if the payment on your target Colorado Springs home works today at 6.86%, locking and refinancing later if rates fall is a well-worn playbook. Our Right-Time-to-Buy tool models the wait-vs-buy math for you.