Mortgage rates are at record lows today as bond yields continue to decline on concerns the economy is once again slowing down. Mortgage rates and bond yields have been going lower the past few weeks and probably will stay low for the foreseeable future because inflation isn't a concern. The good news at this point is bond yields are showing there is almost no chance the economy will slip back into another recession.

Looking for mortgage rates today? Use our mortgage rate tables at MortgageRates.MonitorBankRates.com to find today’s mortgage rates in your state. Unlike most websites no personal information is needed to display a list of mortgage rates.

Even as current mortgage rates drop to record lows the number of home owners refinancing their mortgages are half the level in the spring of 2009 when rates were almost as low. Mortgage rates have been in a low range for so long now anyone who could refinance probably already did. There are also the millions borrowers who can't refinance because they have negative equity in their homes. They owe more on their mortgage than their home with worth so they can't refinance their mortgage.

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 #2473786

4.934%

15-Year Fixed

4.750%

$4,887

Includes 0.948 points for $3,792

Lender Fees: $1,095

$3,112 /mo

Next >

NMLS #1835285

5.026%

15-Year Fixed

4.875%

$4,000

Includes 1.000 points for $4,000

Lender Fees: $0

$3,138 /mo

Next >

NMLS #613839

5.192%

15-Year Fixed

4.990%

$5,351

Includes 0.866 points for $3,464

Lender Fees: $1,887

$3,162 /mo

Next >

NMLS #757416

5.226%

15-Year Fixed

5.125%

$2,652

Includes 0.663 points for $2,652

Lender Fees: $0

$3,190 /mo

Next >

NMLS #1067

5.241%

15-Year Fixed

5.125%

$3,044

Includes 0.761 points for $3,044

Lender Fees: $0

$3,190 /mo

Next >

NMLS #1312186

5.277%

15-Year Fixed

5.125%

$4,000

Includes 1.000 points for $4,000

Lender Fees: $0

$3,190 /mo

Next >

NMLS #1954591

License: 60DBO-113383

5.305%

15-Year Fixed

5.125%

$4,791

Includes 0.921 points for $3,684

Lender Fees: $1,107

$3,190 /mo

Next >

NMLS #2433973

5.309%

15-Year Fixed

5.125%

$4,965

Includes 0.750 points for $3,000

Lender Fees: $1,965

$3,190 /mo

Next >

NMLS #2473786

5.354%

5-Year ARM

5.250%

$4,671

Includes 0.894 points for $3,576

Lender Fees: $1,095

$2,209 /mo

Next >

NMLS #6606

5.398%

15-Year Fixed

5.250%

$3,880

Includes 0.970 points for $3,880

Lender Fees: $0

$3,216 /mo

Next >

NMLS #1835285

5.459%

5-Year ARM

5.375%

$3,767

Includes 0.817 points for $3,268

Lender Fees: $499

$2,240 /mo

Next >

NMLS #1025894

5.535%

15-Year Fixed

5.375%

$4,176

Includes 0.869 points for $3,476

Lender Fees: $700

$3,242 /mo

Next >

NMLS #2561451

5.840%

30-Year Fixed

5.750%

$3,926

Includes 0.794 points for $3,176

Lender Fees: $750

$2,335 /mo

Next >

NMLS #1835285

5.842%

30-Year Fixed

5.750%

$4,019

Includes 0.880 points for $3,520

Lender Fees: $499

$2,335 /mo

Next >

NMLS #2473786

5.858%

30-Year Fixed

5.750%

$4,731

Includes 0.909 points for $3,636

Lender Fees: $1,095

$2,335 /mo

Next >

NMLS #1067

5.931%

30-Year Fixed

5.875%

$2,420

Includes 0.605 points for $2,420

Lender Fees: $0

$2,367 /mo

Next >

NMLS #757416

5.949%

30-Year Fixed

5.875%

$3,220

Includes 0.805 points for $3,220

Lender Fees: $0

$2,367 /mo

Next >

NMLS #1312186

5.955%

5-Year ARM

5.875%

$3,480

Includes 0.870 points for $3,480

Lender Fees: $0

$2,367 /mo

Next >

NMLS #613839

6.009%

30-Year Fixed

5.875%

$5,827

Includes 0.985 points for $3,940

Lender Fees: $1,887

$2,367 /mo

Next >

NMLS #1312186

6.081%

30-Year Fixed

6.000%

$3,500

Includes 0.875 points for $3,500

Lender Fees: $0

$2,399 /mo

Next >

NMLS #1954591

License: 60DBO-113383

6.096%

30-Year Fixed

5.990%

$4,631

Includes 0.881 points for $3,524

Lender Fees: $1,107

$2,396 /mo

Next >

NMLS #1954591

License: 60DBO-113383

6.097%

5-Year ARM

5.990%

$4,663

Includes 0.889 points for $3,556

Lender Fees: $1,107

$2,396 /mo

Next >

NMLS #399799

6.099%

30-Year Fixed

6.000%

$4,396

Includes 0.767 points for $3,068

Lender Fees: $1,328

$2,399 /mo

Next >

NMLS #1025894

6.099%

30-Year Fixed

5.990%

$4,700

Includes 1.000 points for $4,000

Lender Fees: $700

$2,396 /mo

Next >

NMLS #2433973

6.101%

30-Year Fixed

6.000%

$4,465

Includes 0.625 points for $2,500

Lender Fees: $1,965

$2,399 /mo

Next >

NMLS #6606

6.328%

30-Year Fixed

6.240%

$3,732

Includes 0.933 points for $3,732

Lender Fees: $0

$2,461 /mo

Next >

NMLS #2433973

6.376%

5-Year ARM

6.250%

$5,465

Includes 0.875 points for $3,500

Lender Fees: $1,965

$2,463 /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.

Mortgage Rates

30 year mortgage rates declined to 4.67 percent this week, down from the previous week's average 30 year mortgage interest rate of  4.72 percent. Today's 15 year mortgage rates are slightly higher this week over last. The current average 15 year mortgage rates is at 4.16 percent, up from the previous week's average 15 year home mortgage rate of 4.14 percent.

Current Jumbo Mortgage Rates

Current 30 year jumbo mortgage rates are averaging 5.33 percent this week, unchanged from the prior week's average jumbo home loan rate. Current 30 year jumbo refinance rates are also averaging 5.33 percent.

15 year jumbo loan rates today are averaging 4.84 percent, an increase from last week’s average jumbo mortgage interest rate of 4.75 percent. 15 year jumbo refinance mortgage rates today are also higher averaging 4.75 percent.

Conventional Adjustable Mortgage Rates

Current 1 year adjustable mortgage rates are averaging 3.56 percent, unchanged from last week’s average 1 year adjustable interest mortgage rate. Today's 1 year adjustable refinance mortgage interest rates are also averaging 3.56.

Average 3 year adjustable mortgage rates are at 4.21 percent this eek, up from last week's average 3 year adjustable rate mortgage of 4.09 percent. 3 year mortgage refinance rates today are also higher this week, averaging 4.21 percent.

Today's 5 year adjustable mortgage loan rates are averaging 3.54 percent, unchanged from the prior week’s average home loan rate. 5 year refinance home mortgage rates today are also unchanged at 3.54 percent.

7 year adjustable mortgage rates are averaging 3.90 percent this week, an increase from last week’s average 7 year home mortgage rate of 3.88 percent. Today's 7 year mortgage refinance rates are also higher averaging 3.88 percent.

10 year adjustable mortgage interest rates are averaging 4.20 percent this week, down from the previous week’s average 10 year adjustable mortgage rate of 4.33 percent.  Current10 year home mortgage refinance rates are also lower, averaging 4.20 percent.

Today's Jumbo Adjustable Mortgage Rates

Today's 1 year jumbo adjustable mortgage loan rates are averaging 5.95 percent, no change from last week’s average 1 year adjustable jumbo interest mortgage rate. Today’s 1 year jumbo refinance mortgage rates are also averaging 5.95 percent.

Current 3 year jumbo adjustable mortgage interest rates are averaging 4.73 percent, up from last week’s average jumbo interest mortgage rate of 4.64 percent. Today's 3 year jumbo refinance mortgage rates are also lower, averaging 4.73 percent.

5 year jumbo adjustable home mortgage rates are averaging 4.03 percent this week, down slightly from last week’s average mortgage rate of 4.04 percent. Current 5 year jumbo refinance rates are also down slightly averaging 4.03 percent.

7 year jumbo adjustable mortgage rates today are averaging 4.71 percent, down from last week’s average 7 year home mortgage rate of 4.78 percent. Current 7 year jumbo refinance rates today are also down to 4.71 percent.

10 year bank  jumbo mortgage rates are averaging 5.43 percent, a decline from the prior week’s average 10 year jumbo home mortgage rates of 5.49 percent. Current 10 year jumbo home loan refinance rates are also averaging 5.43 percent.

Interest Only Conforming Mortgage Rates

Today's 3 year interest only mortgage rates are averaging 4.42 percent, up from last week’s average interest only mortgage loan rate of 4.26 percent.

5 year interest only mortgage rates today are averaging 3.67 percent, down from last week’s average five year interest only mortgage loan rate of 3.71 percent.

7 year interest only home mortgage rates today are averaging 4.02 percent, unchanged from last week's average 7 year IO mortgage rate of 4.30 percent last week.

Interest Only Jumbo Mortgage Rates

Current 3 year jumbo interest only loan mortgage rates are averaging 5.27 percent, down from last week’s average jumbo interest only mortgage rate of 5.60 percent.

Current average 5 year jumbo interest only home loan rates are at 4.54 percent, down from an average IO home mortgage rate of 4.63 percent.

7 year jumbo IO bank mortgage rates today are averaging 4.81 percent, down from an average jumbo 7 year home mortgage rate of 5.01 percent last week.

Current Home Equity Loan Rates

Current 10 year home equity loan rates are averaging 7.115 percent, down from last week’s average home equity loan interest rate of 7.139 percent.

Today's 15 year home equity rates are averaging 7.433 percent this week, down from last week’s average home equity loan rate of 7.446.

Today's Home Equity Line of Credit Rates

Today's average home equity line of credit rate (HELOC) is at 4.777 percent this week, unchanged from last week’s average HELOC rate.

MonitorBankRates.com finds the best mortgage rates.