Who has the best mortgage rates in Iowa?
I’m looking for a primary, single-family home in for , and credit score.
Insights
Negotiate everything—rates, fees, and terms are not set in stone.
George Robinson TrueRate Data ScientistLenders with low rates in IA
TrueRate analyzed the rates lenders actually gave to buyers for the last three years and found only a few lenders likely to get you a good deal.
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Insights
Negotiate everything—rates, fees, and terms are not set in stone.
George Robinson TrueRate Data ScientistLenders in IA likely to have high rates
We don’t accept advertising, so you can get the real lender story. TrueRate looked at 30 lenders and found that these lenders are likely to offer you a high rate.
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Insights
Whether a lender has high margins or is simply inefficient and passing their costs on to you, the result is the same—you’ll likely end up paying more for your home. Our data shows that if you choose these lenders you will likely regret it.
George Robinson TrueRate Data ScientistLenders with average rates in IA
You deserve better than what these lenders historically provide.
Sorry, no lenders were found.
Methodology
We believe in transparency. Here’s how we crunched the numbers.
Based on lender data from 2023 with at least 10 loans similar to yours with 0 points for a 30-year fixed mortgage.
Don’t let lenders pull a fast one on you
Learn how really low rates often come with hidden fees. Drag the slider to see how rates and fees are connected.
Insights
Insights by James McTernan Tomo Mortgage Loan Advisor - NMLS #337556TrueRate report
See how mortgage companies got home buyers to over-pay by billions.
Get the reportMethodology
We believe in transparency. Here’s how we crunched the numbers.
Based on lender data from 2023 with at least 10 loans similar to yours with 0 points for a 30-year fixed mortgage.
Iowa is proving to be a solid choice for homebuyers
With interest rates trending down, now is a great time to lock in a better mortgage rate and make homeownership more affordable.
One of the best parts about buying a home in Iowa is how it balances cost and quality of life. Cities like Des Moines and Cedar Rapids are growing, with more job opportunities and active communities. Even with that growth, these places are still much more affordable than big cities in other states. You can get more space, a nice yard, and a comfortable home—without paying big-city prices. And with lower interest rates, your monthly payments will be easier to manage.
Looking outside the cities? Iowa’s small towns and rural areas are full of charm and offer even better deals. Whether you’re interested in a close-knit community or a quiet place with lots of land, there’s a lot of flexibility in Iowa’s housing market. The slower pace of life is also a big plus for people who want peace and quiet but still want nearby conveniences.
If you’re a first-time buyer, Iowa has programs that can help with down payments or offer better loan terms. These resources make it easier to buy your first home without feeling overwhelmed.
Overall, Iowa is a smart choice if you’re looking to stretch your budget, enjoy a better cost of living, and find a home that really fits your lifestyle.