Best mortgage rates in New York this week
No borrower-submitted offers from New York yet — be the first to share yours and help other New York borrowers benchmark their quotes.
Data as of 19h ago · Borrower offers span the last 30 days; credit-union posted rates are refreshed weekly (Mondays).
How do you compare?
See where rates like yours land in New York this week.
Not enough conventional 30y submissions from New York yet to draw a comparison. Be the first to share your quote — every submission helps the next New York borrower benchmark theirs.
Credit union posted rates New York residents can access
Posted rates from each credit union's public rate sheet. Conventional shown by default; expand the others if you qualify.
Will these rates apply to you?
Posted rates are best-case — they assume excellent credit and 20% down. Here's a realistic read for your situation.
Not enough borrower submissions yet to show what a 700-719 borrower gets in New York. The posted rates below are best-case; add your quote to build this out.
Rate ranges are real borrower submissions; payment is P&I (plus estimated PMI) on the reference loan, excluding taxes and insurance. Your actual rate depends on your full profile — get pre-approved for your real number, or run the calculator. Not financial advice.
At a glance — ranked by true 5-year cost
incl. points · $370,000 loan · held 5 yrs| Credit union | Rate | Points | Product | Est. 5-yr cost | vs best |
|---|---|---|---|---|---|
| MUNICIPAL Credit Union | 6.250% | 0 | Conventional · 30-yr | $136,689 | best |
| Navy Federal Credit Unionjoin → | 6.125% | 0.5 | Conventional · 30-yr | $136,740 | +$50 |
| PenFed Credit Unionjoin → | 6.125% | 1 | Conventional · 30-yr | $138,590 | +$1,900 |
| Connexus Credit Unionjoin → | 6.250% | 1 | Conventional · 30-yr | $140,389 | +$3,700 |
| Digital Federal CU (DCU)join → | 6.375% | 1.38 | Conventional · 30-yr | $143,605 | +$6,916 |
Conventional
| Rate | APR | Term | Points | Credit union | Eligibility | Effective |
|---|---|---|---|---|---|---|
| 6.125% | 6.295% | 30y | 1 | PenFed Credit Union | Open nationally — Open to anyone — most members join via the Voices for America's Troops sponsorship. | 19h ago |
| 6.125% | 6.268% | 30y | 0.5 | Navy Federal Credit Union | Military, DoD civilians, veterans, and immediate family. | 19h ago |
| 6.250% | 6.404% | 30y | 1 | Connexus Credit Union | Open nationally — Connexus Association membership ($5 donation). | 19h ago |
| 6.250% | 6.267% | 30y | 0 | MUNICIPAL Credit Union | Open to residents of the credit union's chartered area — verify the specific counties or regions on the CU's membership page. | 19h ago |
| 6.375% | 6.541% | 30y | 1.38 | Digital Federal CU (DCU) | Open nationally — Open via several association memberships. | 19h ago |
| 5.500% | 5.714% | 15y | 0.38 | Navy Federal Credit Union | Military, DoD civilians, veterans, and immediate family. | 19h ago |
| 5.625% | 5.876% | 15y | 1 | Connexus Credit Union | Open nationally — Connexus Association membership ($5 donation). | 19h ago |
| 5.750% | 5.960% | 15y | 1 | Digital Federal CU (DCU) | Open nationally — Open via several association memberships. | 19h ago |
| 5.750% | 5.778% | 15y | 0 | MUNICIPAL Credit Union | Open to residents of the credit union's chartered area — verify the specific counties or regions on the CU's membership page. | 19h ago |
| 5.625% | 5.664% | 10y | 0 | MUNICIPAL Credit Union | Open to residents of the credit union's chartered area — verify the specific counties or regions on the CU's membership page. | 19h ago |
| 5.750% | 6.047% | 10y | 1 | Digital Federal CU (DCU) | Open nationally — Open via several association memberships. | 19h ago |
| 5.875% | 5.897% | 20y | 0 | MUNICIPAL Credit Union | Open to residents of the credit union's chartered area — verify the specific counties or regions on the CU's membership page. | 19h ago |
| 6.000% | 6.202% | 20y | 1 | Connexus Credit Union | Open nationally — Connexus Association membership ($5 donation). | 19h ago |
| 6.125% | 6.278% | 20y | 0.88 | Digital Federal CU (DCU) | Open nationally — Open via several association memberships. | 19h ago |
FHA · 1 rate
For borrowers with lower credit or smaller down payments. Requires mortgage insurance for the life of the loan unless 10%+ down.
| Rate | APR | Term | Points | Credit union | Eligibility | Effective |
|---|---|---|---|---|---|---|
| 5.500% | 6.418% | 30y | 1.38 | PenFed Credit Union | Open nationally — Open to anyone — most members join via the Voices for America's Troops sponsorship. | 19h ago |
VA · 1 rate
For active military, veterans, reservists, National Guard, and qualifying surviving spouses. Often the lowest rates available, but requires VA eligibility.
| Rate | APR | Term | Points | Credit union | Eligibility | Effective |
|---|---|---|---|---|---|---|
| 5.625% | 5.900% | 30y | 1 | PenFed Credit Union | Open nationally — Open to anyone — most members join via the Voices for America's Troops sponsorship. | 19h ago |
Jumbo · 10 rates
For loan amounts above the conforming limit ($832,750 in most counties, higher in high-cost areas). Tighter underwriting.
| Rate | APR | Term | Points | Credit union | Eligibility | Effective |
|---|---|---|---|---|---|---|
| 6.125% | 6.307% | 30y | 1.63 | PenFed Credit Union | Open nationally — Open to anyone — most members join via the Voices for America's Troops sponsorship. | 19h ago |
| 6.375% | 6.384% | 30y | 0 | MUNICIPAL Credit Union | Open to residents of the credit union's chartered area — verify the specific counties or regions on the CU's membership page. | 19h ago |
| 6.375% | 6.520% | 30y | 0.5 | Navy Federal Credit Union | Military, DoD civilians, veterans, and immediate family. | 19h ago |
| 6.375% | 6.521% | 30y | 1.38 | Digital Federal CU (DCU) | Open nationally — Open via several association memberships. | 19h ago |
| 5.750% | 5.928% | 15y | 1 | Digital Federal CU (DCU) | Open nationally — Open via several association memberships. | 19h ago |
| 5.875% | 5.889% | 15y | 0 | MUNICIPAL Credit Union | Open to residents of the credit union's chartered area — verify the specific counties or regions on the CU's membership page. | 19h ago |
| 6.000% | 6.217% | 15y | 0.38 | Navy Federal Credit Union | Military, DoD civilians, veterans, and immediate family. | 19h ago |
| 5.750% | 6.003% | 10y | 1 | Digital Federal CU (DCU) | Open nationally — Open via several association memberships. | 19h ago |
| 6.000% | 6.011% | 20y | 0 | MUNICIPAL Credit Union | Open to residents of the credit union's chartered area — verify the specific counties or regions on the CU's membership page. | 19h ago |
| 6.125% | 6.253% | 20y | 0.88 | Digital Federal CU (DCU) | Open nationally — Open via several association memberships. | 19h ago |
What to know about getting a mortgage in New York
New York splits into two mortgage markets: upstate, where prices are modest but effective property-tax rates are among the highest in the country; and the NYC metro, where high-cost loan limits apply, co-op purchases need specialized lenders, and the state mortgage recording tax adds roughly 1–2% to closing costs (CEMA refinances can avoid re-paying it).
The 2026 conforming loan limit in most New York counties is $832,750 for a single-family home (designated high-cost counties go higher). Loans above that are jumbo — expect tighter underwriting and different pricing.
The borrower-quoted offers above were submitted by real New York residents in the last 30 days. We score every submission for fraud signals before publishing, and verified offers carry a verified badge after we OCR the Loan Estimate.
The credit-union rates are taken from each lender's public rate sheet on the effective date shown. We don't take affiliate fees, sell contributor data, or rank lenders by commission. The full methodology is on the methodology page.
Got a quote in New York? Share it anonymously and help the next borrower price their quote.
Frequently asked: mortgages in New York
Straight answers, grounded in the data on this page.
What is the best mortgage rate in New York right now?+
The lowest conventional 30-year rate we're tracking in New York this week is 6.125% from PenFed Credit Union, 0.42% below the U.S. average of 6.550%. It's a real posted rate, not a teaser — your actual rate depends on your credit, down payment, and loan type.
How much do you need to put down for a house in New York?+
The median home price in New York is about $460,000, so 20% down is roughly $92,000. Many buyers put down far less: conventional loans go as low as 3%, FHA 3.5%, and VA/USDA can be 0% for those who qualify (with mortgage insurance when you put down under 20%).
Which credit unions can New York residents join for a mortgage?+
New York residents can currently get posted mortgage rates from MUNICIPAL Credit Union, Navy Federal Credit Union, PenFed Credit Union, and others. Many credit unions let anyone join through a small one-time association membership — each one's eligibility and exact join steps are on its page.
What first-time homebuyer programs does New York have?+
New York's housing finance agency is the State of New York Mortgage Agency (SONYMA). SONYMA’s Achieving the Dream and Low Interest Rate programs offer below-market fixed rates with down-payment assistance. These programs work through participating lenders, so you can (and should) still compare the program rate against the credit-union rates on this page.
What is the conforming loan limit in New York?+
For most New York counties the 2026 conforming loan limit is $832,750 for a single-family home (designated high-cost counties go higher). Loans above the limit are jumbo, which typically means tighter underwriting and different pricing.
Does RatePerch take referral fees from lenders in New York?+
No. We don't take affiliate or referral fees, sell contributor data, or rank lenders by commission. Borrower-quoted rates are submitted anonymously by real New York residents, and credit-union rates are copied straight from each lender's public rate sheet.