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Mortgage Rates Nosedive to New Low

Mortgage Rates Nosedive to New LowMortgage rates nosedived to new lows in December as lenders lowered rates again. Current average 30 year conforming mortgage rates declined to 4.57 percent, down from the average 30 year mortgage rate of 4.69 percent. 15 year conforming mortgage rates today moved down to 3.92 percent, a decline from an average 15 year rate of 4.02 percent. Today's 30 year jumbo mortgage rates are still below conforming rates at 4.52 percent, down from 4.65 percent. Current 15 year jumbo mortgage rates are at 4.28 percent, down from yesterday's rate of 4.39 percent. Mortgage rates change constantly so be sure to always get the most current mortgage rates below locking in a rate.

Loan Term
Lender
APR / Rate
Fees / Points
Payment
Mutual of Omaha Mortgage, Inc.
NMLS #1025894
5.078%
15-Year Fixed
4.875%
$5,404
Includes 0.851 points for $3,404
Lender Fees: $2,000
$3,138 /mo
Mutual of Omaha Mortgage, Inc.
NMLS #1025894
5.760%
30-Year Fixed
5.625%
$5,924
Includes 0.981 points for $3,924
Lender Fees: $2,000
$2,303 /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
December 15th, 2018

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