RateWise: Mortgage Rate Alert

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About this app

RateWise is the calm, clear way to follow US mortgage rates and plan your home loan. See today’s 30-year and 15-year fixed rates, get alerted the moment rates drop to your target, and know your monthly payment in seconds.

All rates come from official sources: Freddie Mac’s weekly Primary Mortgage Market Survey and the Federal Reserve Economic Data (FRED) service of the St. Louis Fed.

📈 LIVE MORTGAGE RATE TRACKER
• 30-year and 15-year fixed mortgage rates, updated every Thursday
• Interactive charts from 1 month to 50+ years of history
• Compare mortgage rates with the Fed Funds Rate or 10-year Treasury yield
• 52-week high, low and average at a glance
• Export rate history as CSV

🔔 RATE DROP ALERTS
• Set a target: “notify me when the 30-year rate falls below 6.50%”
• Alerts for below, above, or “drops by” conditions
• Works in the background, checked twice a day
• Optional weekly market brief every Thursday

🏠 MORTGAGE & EMI CALCULATOR
• Monthly payment with principal, interest, property tax, insurance, PMI and HOA
• One tap to use today’s live rate
• Beautiful donut breakdown, total interest, total cost and payoff date
• Share a professional PDF estimate

📅 AMORTIZATION SCHEDULE
• Yearly and monthly schedules with principal vs interest chart
• See when principal overtakes interest
• Extra payment calculator: how much interest and time you save
• Export the full schedule

💰 REFINANCE CALCULATOR
• Compare your current loan with a new one side by side
• Monthly savings, break-even month and lifetime savings
• Clear verdict: “Refinancing makes sense” or “Not worth it yet”

📊 ECONOMIC INDICATORS
• Fed Funds Rate, CPI inflation, 10-year Treasury and unemployment
• Plain-English “what it means for your mortgage” explanations
• Mortgage rate pressure gauge

⭐ MORE
• Save scenarios and compare any two
• Light and dark theme
• USD, CAD, EUR, GBP, AUD, INR and BDT currency symbols
• Works offline with your last downloaded data
• No account, no sign-up. Your calculations stay on your phone

RateWise Plus (optional): remove all ads, unlimited alerts and unlimited saved scenarios.

Disclaimer: RateWise shows national average rates for information only. It is not a lender, does not offer loans and does not provide financial advice. This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.