30 Year Mortgage Rates Only 8 Basis Points Above Record Low

Average 30 year mortgage rates are now only 8 basis points above the all-time record low of 3.31 set in 2012. 30 year conforming mortgage rates fell this week to 3.39 percent, down from last week's average 30 year rate of 3.42 percent.

The lowest 30 year refinance rates available in our database are much lower than the average 30 year rate. We have a handful of lenders quoting 30 year refinance rates at 3.00 percent with points and at 3.25 percent with no points.

Mortgage rates today on 15 year conforming loans are averaging 2.67 percent, a decline from last week's average 15 year mortgage rate of 2.68 percent. Average 15 year mortgage rates are only 4 basis points above the all-time record low of 2.63 percent set in November 2012.

Loan Type

Purchase Refinance with Cash out Refinance

State

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District Of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

FICO Score

Superior (780-850) Exceptional (760-779) Excellent (740-759) Very Good (720-739) Good (700-719) Above Average (680-699) Average (660-679) Fair (640-659) Need Improvement (620-639) Poor (350-620)

Loan Amount

$

Points

Up to 0 points Up to 0.5 points Up to 1 points Up to 1.5 points Up to 2 points Up to 2.5 points Up to 3 points

LTV

%

Loan Term

 15-Year Fixed  20-Year Fixed  30-Year Fixed  5-Year ARM  7-Year ARM  10-Year ARM

Show Advertiser Disclosure

The lenders whose rates and other terms appear on this chart are ICB's advertising partners. They provide their rate information to our data partner RateUpdate.com. Unless adjusted by the consumer, advertisers are sorted by APR from lowest to highest. For any advertising partners that do not provide their rate they are listed in advertisement display units at the bottom of the chart. Advertising partners may not pay to improve the frequency priority or prominence of their display. The interest rates, annual percentage rates and other terms advertised here are estimates provided by those advertising partners based on the information you entered above and do not bind. Any lender Monthly payment amounts stated do not include amounts for taxes and insurance premiums. The actual payment obligation will be greater if taxes and insurance are included. Although our data partner RateUpdate.com collects the information from the financial institutions themselves, the accuracy of the data cannot be guaranteed. Rates may change without notice and can change intraday. Some of the information contained in the rate tables including but not limited to special marketing notes is provided directly by the lenders. Please verify the rates and offers before applying for a loan with the financial institution themselves. No rate is binding until locked by a lender.

Lender

APR / Rate

Fees / Points

Payment

NMLS #1067

5.514%

15-Year Fixed

5.375%

$3,624

Includes 0.906 points for $3,624

Lender Fees: $0

$3,242 /mo

Next >

NMLS #401822

5.516%

15-Year Fixed

5.250%

$7,000

Includes 0.750 points for $3,000

Lender Fees: $4,000

$3,216 /mo

Next >

NMLS #2578474

5.551%

15-Year Fixed

5.375%

$4,606

Includes 0.889 points for $3,556

Lender Fees: $1,050

$3,242 /mo

Next >

NMLS #2326098

License: 60DBO-181478

5.556%

15-Year Fixed

5.375%

$4,909

Includes 0.739 points for $2,956

Lender Fees: $1,953

$3,242 /mo

Next >

NMLS #757416

5.592%

15-Year Fixed

5.490%

$2,652

Includes 0.663 points for $2,652

Lender Fees: $0

$3,267 /mo

Next >

NMLS #1025894

5.627%

15-Year Fixed

5.490%

$3,572

Includes 0.718 points for $2,872

Lender Fees: $700

$3,267 /mo

Next >

NMLS #2578474

6.360%

30-Year Fixed

6.250%

$4,650

Includes 0.900 points for $3,600

Lender Fees: $1,050

$2,463 /mo

Next >

NMLS #757416

6.437%

30-Year Fixed

6.375%

$2,596

Includes 0.649 points for $2,596

Lender Fees: $0

$2,496 /mo

Next >

NMLS #1067

6.451%

30-Year Fixed

6.375%

$3,208

Includes 0.802 points for $3,208

Lender Fees: $0

$2,496 /mo

Next >

NMLS #2326098

License: 60DBO-181478

6.501%

5-Year ARM

6.375%

$5,501

Includes 0.887 points for $3,548

Lender Fees: $1,953

$2,496 /mo

Next >

NMLS #2326098

License: 60DBO-181478

6.511%

30-Year Fixed

6.375%

$5,897

Includes 0.986 points for $3,944

Lender Fees: $1,953

$2,496 /mo

Next >

NMLS #1025894

6.569%

30-Year Fixed

6.490%

$3,296

Includes 0.649 points for $2,596

Lender Fees: $700

$2,526 /mo

Next >

NMLS #401822

6.620%

30-Year Fixed

6.500%

$4,995

Includes 0.750 points for $3,000

Lender Fees: $1,995

$2,529 /mo

Next >

NMLS #3030

6.764%

15-Year Fixed

6.625%

$3,500

Includes 0.875 points for $3,500

Lender Fees: $0

$3,512 /mo

Next >

NMLS #3030

7.350%

30-Year Fixed

7.250%

$4,000

Includes 1.000 points for $4,000

Lender Fees: $0

$2,729 /mo

Next >

Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details.

The lowest 15 year refinance rates available on our database are also lower than the average 15 year rate. The lowest 15 year refinance rate with points is at 2.375 percent and the lowest refi rate without points is at 2.625 percent.

30 year jumbo mortgage rates are currently averaging 3.80 percent, down from the previous week's average 30 year jumbo mortgage rate of 3.84 percent. The best 30 year jumbo refinance rate with points in our database is at 3.125 percent and the lowest rate without points is at 3.50 percent.

Average 15 year jumbo mortgage rates today are at 3.39 percent, down from last week's average 15 year jumbo rate of 3.43 percent. The best 15 year jumbo refinance rate in our database is lower at 2.75 percent with points and at 2.875 percent without points.

You can search for and compare the lowest mortgage rates in your state by using searching our rate database at MortgageRates.MonitorBankRates.com. Unlike most websites you don't have to provide any personal information to see a list of mortgage rates.