Question 1

What are current mortgage rates in Washington D.C.?

Accepted Answer

As of March 2026, mortgage rates in Washington D.C. are in line with national averages. The 30-year fixed rate ranges from 6.5% to 7.2%, the 15-year fixed from 5.9% to 6.5%, and the 5/1 ARM from 5.8% to 6.4% for borrowers with good credit (700+). The best rates (starting at 6.5% for 30-year fixed) are available to borrowers with 750+ credit scores and 20%+ down payments.

Question 2

What is the Washington D.C. housing market like?

Accepted Answer

Washington D.C. proper has one of the highest median home prices in the nation, driven by government employment, lobbyist and legal sector demand, and dense urban desirability. Row houses in neighborhoods like Capitol Hill, Georgetown, and Logan Circle command premium prices. Condo fees and property taxes are significant ongoing costs. Many buyers opt for more affordable Maryland or Virginia suburbs with Metro access.

Question 3

How do I get the best mortgage rate in Washington D.C.?

Accepted Answer

To get the best mortgage rate in Washington D.C., compare quotes from at least 3–5 lenders including local banks, credit unions, and online lenders. A credit score of 750 or higher, a down payment of 20% or more, and a low debt-to-income ratio will qualify you for the lowest rates. Use our Loan Finder tool to identify which loan type best fits your situation.

Mortgage Rates in Washington D.C. Today

Current Rate Ranges in Washington D.C.

Washington D.C. Housing Market Overview