Current Mortgage Rates: 30 year Mortgage Rates at 4.94%, 15 Year Mortgage Rates at 4.33%

Mortgage rates were down in our latest Mortgage Rate Survey. Conforming mortgage rates and jumbo mortgage rates were all down. 15 year jumbo mortgage rates broke through 5.00 percent and are now averaging 4.98 percent. 

Fixed 30 year conforming mortgage rates are averaging 4.94 percent, down slightly from last week's average 30 year mortgage rate of 4.95 percent. Conforming 15 year fixed mortgage rates are down to 4.33 percent, down from the prior week's average interest rate of 4.39 percent.

Looking for current mortgage rates and refinance rates? Search our mortgage rate tables here: MonitorBankRates.com

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 #1835285

5.240%

15-Year Fixed

5.125%

$3,012

Includes 0.753 points for $3,012

Lender Fees: $0

$3,190 /mo

Next >

NMLS #78669

5.269%

15-Year Fixed

5.000%

$7,318

Includes 0.725 points for $2,900

Lender Fees: $4,418

$3,164 /mo

Next >

NMLS #2578474

5.413%

15-Year Fixed

5.250%

$4,282

Includes 0.808 points for $3,232

Lender Fees: $1,050

$3,216 /mo

Next >

NMLS #2326098

License: 60DBO-181478

5.418%

15-Year Fixed

5.250%

$4,585

Includes 0.658 points for $2,632

Lender Fees: $1,953

$3,216 /mo

Next >

NMLS #401822

5.478%

15-Year Fixed

5.250%

$6,000

Includes 0.500 points for $2,000

Lender Fees: $4,000

$3,216 /mo

Next >

NMLS #757416

5.494%

15-Year Fixed

5.375%

$3,112

Includes 0.778 points for $3,112

Lender Fees: $0

$3,242 /mo

Next >

NMLS #1025894

5.515%

15-Year Fixed

5.375%

$3,660

Includes 0.740 points for $2,960

Lender Fees: $700

$3,242 /mo

Next >

NMLS #78669

5.678%

5-Year ARM

5.500%

$8,098

Includes 0.920 points for $3,680

Lender Fees: $4,418

$2,272 /mo

Next >

NMLS #1835285

6.093%

30-Year Fixed

6.000%

$4,000

Includes 1.000 points for $4,000

Lender Fees: $0

$2,399 /mo

Next >

NMLS #78669

6.184%

30-Year Fixed

6.000%

$8,106

Includes 0.922 points for $3,688

Lender Fees: $4,418

$2,399 /mo

Next >

NMLS #1835285

6.208%

5-Year ARM

6.125%

$3,540

Includes 0.885 points for $3,540

Lender Fees: $0

$2,431 /mo

Next >

NMLS #2578474

6.325%

30-Year Fixed

6.250%

$3,150

Includes 0.525 points for $2,100

Lender Fees: $1,050

$2,463 /mo

Next >

NMLS #757416

6.332%

30-Year Fixed

6.250%

$3,460

Includes 0.865 points for $3,460

Lender Fees: $0

$2,463 /mo

Next >

NMLS #2326098

License: 60DBO-181478

6.375%

5-Year ARM

6.250%

$5,489

Includes 0.884 points for $3,536

Lender Fees: $1,953

$2,463 /mo

Next >

NMLS #1025894

6.454%

30-Year Fixed

6.375%

$3,336

Includes 0.659 points for $2,636

Lender Fees: $700

$2,496 /mo

Next >

NMLS #2326098

License: 60DBO-181478

6.470%

30-Year Fixed

6.375%

$4,165

Includes 0.553 points for $2,212

Lender Fees: $1,953

$2,496 /mo

Next >

NMLS #399799

6.486%

30-Year Fixed

6.375%

$4,804

Includes 0.869 points for $3,476

Lender Fees: $1,328

$2,496 /mo

Next >

NMLS #401822

6.506%

30-Year Fixed

6.375%

$5,495

Includes 0.875 points for $3,500

Lender Fees: $1,995

$2,496 /mo

Next >

NMLS #3030

6.658%

15-Year Fixed

6.500%

$4,000

Includes 1.000 points for $4,000

Lender Fees: $0

$3,485 /mo

Next >

NMLS #3030

7.338%

30-Year Fixed

7.250%

$3,500

Includes 0.875 points for $3,500

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.

Jumbo Mortgage Rates

30 year jumbo mortgage rates are averaging 5.57 percent this week, a decrease from the last week’s average home loan rate of 5.73 percent. Jumbo refinance rates were also down 16 basis points this week to 5.57 percent.

The average 15 year jumbo mortgage interest rate is at 4.98 percent this week, a decline from last week’s average jumbo loan mortgage rate of 5.13 percent. The average 15 year jumbo mortgage refinance rate is also under 5.00 percent at 4.98 percent.

Adjustable Conforming Mortgage Rates

The average conforming 1 year adjustable rate mortgage is at 4.37 percent this week, down from the prior week’s average 1 year home loan rate of 4.40 percent.

The average 3 year conforming adjustable mortgage interest rate is at 4.49 percent this week, a decrease from the previous week when 3 year home mortgage interest rates averaged 4.55 percent.

5 year conforming adjustable mortgages are averaging 3.94 percent this week, a increase from last week’s average home loan rate of 3.86 percent. The average 5 year mortgage refinance is also up this week to 3.94 percent.

7 year conforming ARMs are averaging 4.47 percent, up from the prior week’s average mortgage loan interest rate of 4.41 percent. 7 year mortgage refinance rates are also averaging at 4.47 percent.

10 year adjustable bank mortgage rates are averaging 4.75 percent this week, down slightly from last week’s average mortgage interest rate of 4.76 percent. 10 year home loan refinance rates are also averaging 4.75 percent.

Adjustable Jumbo Mortgage Rates

The average 1 year jumbo ARM is at 5.59 percent this week, unchanged from the prior week’s average home loan interest rate.

The average 3 year jumbo ARM is at 5.14 percent this week, a decrease from the prior week’s average home loan rate of 5.29 percent. 3 year home refinance rates are down to 5.14 percent this week.

The average 5 year jumbo ARM is at 4.63% this week, down from the previous week’s average mortgage rate of 4.70%. The average 5 year refinance loan is averaging 4.63 percent this week.

7 year jumbo ARMs are averaging 5.38 percent this week, down from last week’s average loan mortgage rate of 5.44 percent. 7 year loan refinance rates are also averaging 5.38 percent, down from the prior week’s average refinance rate.

10 year jumbo mortgage interest rates are averaging 5.84 percent this week, down from last week’s average 10 year rate of 5.86 percent. 10 year jumbo refinance loan rates are also lower this week, the average rate is 5.84 percent.

Interest Only Mortgage Rates

The average 3 year interest only mortgage rate is at 4.74% this week, down from the prior week’s average mortgage interest rate of 4.79%.

The average 5 year interest only home loan is at 4.13% this week, up from last week’s average five year home interest only mortgage rate of 3.98%.

7 year IO home loans are averaging 4.65% this week, an increase from last week’s average interest rate of 4.59%.  The average 7 year IO refinance home loan rate is also at 4.65% this week.

Jumbo Interest Only Mortgage Rates

3 year jumbo IO loans are averaging 5.67 percent this week, up from last week’s jumbo interest mortgage rate of 5.63 percent. 3 year jumbo refinance interest rates are averaging 5.67 percent.

The average 5 year jumbo IO loan rate is at 5.28 percent, down from the prior week’s average IO mortgage rate of 5.30 percent. 5 year jumbo IO refinance interest rates are averaging 5.28 percent this week.

7 year jumbo IO loans are averaging 5.76 percent, down from the prior week’s average jumbo 7 year rate of 5.82 percent.

Home Equity Loan Rates

The average home equity loan rate was up this week over last. 10 year home equity loan rates are at 7.481 percent this week,unchanged from last week’s average equity home loan rate. 15 year home equity rates averaged 7.805 percent, unchanged from last week’s average home equity rate.

Home Equity Line of Credit Rates (HELOC)

Average home equity line of credit rates are at 4.777 percent this week, unchanged from last week’s average HELOC rate.

Refinance rates and mortgage rates can be found in your state by searching our interest rate tables: MonitorBankRates.com/Mortgages.