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Mortgage Rates Hit New Lows in 2019

Mortgage Rates Hit New Lows in 2019Mortgage rates today have hit new lows for 2019 on both conforming and jumbo mortgages. The downtrend of the last three months is likely to continue as long term bond yields decline. Average 30 year conforming mortgage rates are at 4.49 percent, down from last week's average 30 year rate of 4.51 percent. Mortgage rates on 15 year conforming loans are averaging 3.70 percent, a decline from the previous week's average 15 year rate of 3.76 percent.

Jumbo mortgage rates are also down week over week and should continue to move lower in the coming weeks. 30 year jumbo mortgage rates today are averaging 4.36 percent, down from an average 30 year jumbo rate of 4.42 percent. Today's mortgage rates on 15 year jumbo loans are averaging 4.09 percent, down from 4.16 percent last week. See how mortgage rates today compare to get the best deal on a mortgage loan.

Loan Term
Lender
APR / Rate
Fees / Points
Payment
Different Mortgage
NMLS #324599
License: 324599
5.045%
15-Year Fixed
4.875%
$4,570
Includes 0.875 points for $3,500
Lender Fees: $1,070
$3,138 /mo
Mutual of Omaha Mortgage, Inc.
NMLS #1025894
5.188%
15-Year Fixed
4.990%
$5,248
Includes 0.812 points for $3,248
Lender Fees: $2,000
$3,162 /mo
Different Mortgage
NMLS #324599
License: 324599
5.853%
30-Year Fixed
5.750%
$4,570
Includes 0.875 points for $3,500
Lender Fees: $1,070
$2,335 /mo
Mutual of Omaha Mortgage, Inc.
NMLS #1025894
5.967%
30-Year Fixed
5.875%
$3,972
Includes 0.493 points for $1,972
Lender Fees: $2,000
$2,367 /mo
Different Mortgage
NMLS #324599
License: 324599
6.229%
5-Year ARM
6.125%
$4,506
Includes 0.859 points for $3,436
Lender Fees: $1,070
$2,431 /mo
Rate data provided by RateUpdate.com. Displayed by 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.
 
Author: Brian McKay
January 8th, 2019

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