Mortgage Rates in District of Columbia: Today's Averages & 2026 Outlook
District of Columbia 30-year fixed rates are running around 6.84% — roughly 1 bps below the national average of 6.85%. Here's how DC rates stack up, what drives the spread, and the programs that can price you lower.
Today's District of Columbia rates by loan type
Estimates for District of Columbia based on the current national 30-year average of 6.85% plus the state's typical spread (-1 bps). Live national rate sourced daily from Freddie Mac PMMS via our rate feed. Your actual quote will depend on your credit, down payment, and lender.
What drives District of Columbia mortgage rates
National rates set the floor — Freddie Mac's weekly PMMS average is the benchmark almost every District of Columbia lender starts from. But DC typically prices about 1 basis points below that national average because of three local dynamics: the mix of loan types written in the state, lender density and competition, and how expensive the state is to close in.
Loan mix. Conventional and jumbo dominate; FHA less common at DC price points. The mix matters because FHA, VA, and USDA loans price differently than conventional — states with heavier government-loan share tend to show tighter buyer rates but higher fees.
Median loan size. The typical District of Columbia loan is around $545,000 on a $615,000 home. That size sits well inside conforming loan limits, so most DC buyers get standard agency pricing.
Refi activity. Cash-out refis are frequent given deep equity in condo-heavy markets.
What a typical District of Columbia payment looks like
| Line item | Estimate |
|---|---|
| Median home price | $615,000 |
| Median loan amount (typical LTV) | $545,000 |
| 30-yr rate (state avg) | 6.84% |
| Monthly principal & interest | $3,568 |
| Est. full PITI (add ~30% for taxes/insurance) | ~$4,638 |
Directional math for District of Columbia in 2026. Add property taxes, homeowners insurance, PMI (if putting less than 20% down), and any HOA dues for a full monthly cost. Our mortgage calculator lets you plug in your exact numbers.
What's unique about financing in District of Columbia
What most DC borrowers use
Conventional and jumbo dominate; FHA less common at DC price points.
Below-market DC rate options
DC's HPAP offers up to $202K in interest-free DPA plus below-market first mortgage.
Is a refi worth it in DC?
Cash-out refis are frequent given deep equity in condo-heavy markets.
Rate + grants + closing costs
A below-market rate is only one lever. Stack it with DC down-payment assistance and seller-paid closing costs. See DC grants → · DC closing costs →
Get matched with a District of Columbia lender — free
We'll match you with vetted DC lenders competing for your loan. Compare real Loan Estimates side-by-side — the same District of Columbia buyer can save $2,000–$5,000+ over the life of the loan by shopping three quotes.
District of Columbia mortgage rates: FAQ
What is today's mortgage rate in District of Columbia?▾
The average 30-year fixed mortgage rate in District of Columbia is around 6.84% — roughly 1 bps below the current national average of 6.85%. 15-year fixed loans run about 6.09%, FHA around 6.59%, and VA around 6.49%. 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 District of Columbia mortgage rates compare to the national average?▾
District of Columbia rates typically sit slightly below (about 1 bps lower than) the US 30-year average. The spread reflects local lender competition, loan mix (conventional and jumbo dominate; fha less common at dc price points.), and state-level closing-cost dynamics.
What monthly payment can I expect on a District of Columbia home?▾
On the median District of Columbia loan of $545,000 at 6.84% for 30 years, principal and interest run about $3,568/month — before property taxes, homeowners insurance, and (if applicable) PMI or HOA dues. Add roughly 25–35% to that P&I number to estimate a full PITI payment.
Are there special first-time homebuyer rate programs in District of Columbia?▾
Yes. DC's HPAP offers up to $202K in interest-free DPA plus below-market first mortgage. These state-agency programs typically pair a below-market rate with down payment assistance — worth comparing against a standard conventional loan before locking.
Should I refinance my District of Columbia mortgage right now?▾
Cash-out refis are frequent given deep equity in condo-heavy markets. The break-even math: divide your total refi closing costs by your monthly payment savings — if you'll stay in the home longer than the payback period, refinancing pays off. Our free Refi Optimizer runs the numbers for you.