How our rates are calculated

The rates shown in the chart reflect the national average interest rate, calculated by averaging interest rate information provided by 100-plus lenders nationwide. The national average interest rate as of today was collected throughout the previous business day for each specific product. Calculations are run after the close of the business day. All rate data is accurate as of Friday, January 17th, 2025 at 6:30 a.m. ET. Compare the national average versus top offers on Bankrate to see how much you can save when shopping on Bankrate.