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USDA Mortgage rates for June 11, 2026
Compare today’s USDA loan rates and learn how eligible homebuyers can purchase a home with no down payment, low interest rates and affordable payments.
100% secured. No impact to your credit scores.
0% Down Payment
Low mortgage insurance
Rural & suburban areas eligible
Competitive Rates
Income Limits Apply
USDA mortgage rates are very competitive with other government-backed loan programs and may vary based on credit score, loan amount, property location, lender pricing, and market conditions. Because USDA rates are not always displayed in public rate feeds, the best way to compare your options is to request a personalized quote.
Higher credit scores may qualify for better rates.
Rates can vary depending on the property type and location.
USDA programs have income limits that vary by area.
Loan size can impact the rate you’re offered.
Rates change daily based on economic activity and market trends.
100% secured. No impact to your credit scores.
Purchase and refinance FHA mortgage rates updated as of June 11, 2026. Rates are informational only and subject to change. Personalized rates may vary based on credit score, loan amount, property type, occupancy, discount points, and other loan factors. Not a commitment to lend. Data Source: Zillow Inc. 2006-2026.
Which one is the better one for you?
|
Requirement
|
USDA Loan
|
FHA Loan
|
|---|---|---|
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Credit Scores
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640
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580
|
|
Minimum down payment
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$0.00
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3.5%
|
|
Debt to income ratio (DTI)
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Up to 43%
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Up to 57%
|
|
Loan Limits
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||
|
Mortgage Insurance
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0.35% Annual
|
0.55% Annual
|
|
Primary Home Only
|
||
We compare rates from 40+ lenders to find competitive options that fit your needs. You’ll get expert guidance, personalized solutions, and a partner who works for you.
We compare rates from 40+ lenders to find competitive options that fit your needs. You’ll get expert guidance, personalized solutions, and a partner who works for you.
USDA mortgage rates change daily based on market conditions, lender pricing, borrower qualifications, and property location. USDA loans often offer competitive interest rates and may be available with no down payment for eligible borrowers.
A USDA loan is a government-backed mortgage program by the United States Department of Agriculture, designed to help eligible homebuyers purchase homes in rural and qualifying suburban areas. USDA loans offer benefits such as no down payment requirements, competitive interest rates, and reduced mortgage insurance costs.
Comparing today’s mortgage rates is a vital step in the home-buying or refinance process, as even a slight difference in rates can have a significant impact on the total cost of a loan over its lifetime. By thoroughly comparing rates from various lenders, borrowers can identify the most favorable terms, potentially saving thousands of dollars in interest payments.
As mortgage brokers, Andes Mortgage LLC has the ability to compare over 30 lenders for you when you start the home loan process with us.
To get a personalized rate options that you can qualify for, you’ll need to provide some information about the type of process you are looking for, the price or value of the home, your credit score and income. If you would like to see tailor-made options for you, simply start below to get started, and we’ll be sure to get you rate quotes that reflect your situation without inquiring on your credit.
No. One of the biggest benefits of a USDA loan is that eligible borrowers can purchase a home with 0% down. This allows qualified homebuyers to become homeowners without needing a large upfront down payment.
While USDA guidelines are flexible, many lenders prefer a credit score of 640 or higher for streamlined approval. Borrowers with lower scores may still qualify depending on their overall financial profile.
No. This is one of the most common misconceptions. USDA loans are available for many residential properties located in eligible rural and suburban areas. In fact, numerous communities outside major metropolitan areas qualify for USDA financing.
The property must be located within a USDA-eligible area and meet certain program requirements. Many suburban communities qualify, even though buyers often assume USDA loans are only available in remote rural locations.
No. VA loans do not require monthly mortgage insurance (PMI), even when financing 100% of the home’s purchase price. This can result in significant monthly savings compared to many conventional and FHA loan options.
It depends on your situation. USDA loans offer no down payment and typically lower mortgage insurance costs, but they are restricted to rural and certain suburban areas as well as income limits.
Meanwhile, FHA loans provide more flexibility regarding property location and income eligibility. FHA loans do not have a maximum income limit to qualify. As a fully licensed mortgage broker, we can help you compare both options and determine which loan best fits your goals.
Yes. USDA loans are intended to help moderate-income households achieve homeownership. Income limits vary based on household size and county. A mortgage professional can help determine whether your household income falls within the USDA guidelines for your area.
Get a personal rate in minutes and explore your best loan options – no impact to your credit.
Book a call and get personalized information.
Skip the wait and get started on your pre-approval asap.