Refinance Rates: 30 Year Refinance Rates at 5.09%, 15 Year Refinance Rates at 4.39%

Refinance rates were down this week over last. Fixed conforming 30 year refinance mortgage rates are averaging 5.07%, down from the prior week’s average refinance rate of 5.09%. 15 year refinance rates are averaging 4.39%, down from the prior week's average refinance rate of 4.43%. Right now the best refinance rates are 15 year refinance rates.

The decline in mortgage refinance rates won't last long for two reasons. The first is that the Federal Reserve will end its support of the mortgage market when it completes the purchase of $1.25 trillion in mortgage-backed securities (MBS). The second reason is the Fed will be rasing interest rates this year to keep inflation in check.

Jumbo refinance rates are also down this week. 30 year jumbo refinance rates are averaging 5.76%, down from last week’s average mortgage refinance rate of 5.85%.

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

4.914%

15-Year Fixed

4.750%

$4,379

Includes 0.821 points for $3,284

Lender Fees: $1,095

$3,112 /mo

Next >

NMLS #2126430

4.941%

15-Year Fixed

4.750%

$5,195

Includes 0.975 points for $3,900

Lender Fees: $1,295

$3,112 /mo

Next >

NMLS #2562839

4.942%

15-Year Fixed

4.750%

$5,125

Includes 1.000 points for $4,000

Lender Fees: $1,125

$3,112 /mo

Next >

NMLS #1928741

4.995%

15-Year Fixed

4.875%

$3,172

Includes 0.793 points for $3,172

Lender Fees: $0

$3,138 /mo

Next >

NMLS #1085173

5.037%

15-Year Fixed

4.875%

$4,370

Includes 0.750 points for $3,000

Lender Fees: $1,370

$3,138 /mo

Next >

NMLS #1105497

License: 603L227

5.087%

15-Year Fixed

4.875%

$5,625

Includes 1.000 points for $4,000

Lender Fees: $1,625

$3,138 /mo

Next >

NMLS #2059741

5.094%

15-Year Fixed

4.990%

$2,744

Includes 0.686 points for $2,744

Lender Fees: $0

$3,162 /mo

Next >

NMLS #757416

5.129%

15-Year Fixed

4.990%

$3,684

Includes 0.921 points for $3,684

Lender Fees: $0

$3,162 /mo

Next >

NMLS #324599

License: 324599

5.189%

15-Year Fixed

5.000%

$5,070

Includes 1.000 points for $4,000

Lender Fees: $1,070

$3,164 /mo

Next >

NMLS #1954591

License: 60DBO-113383

5.292%

15-Year Fixed

5.125%

$4,455

Includes 0.837 points for $3,348

Lender Fees: $1,107

$3,190 /mo

Next >

NMLS #2126430

5.365%

5-Year ARM

5.250%

$5,259

Includes 0.991 points for $3,964

Lender Fees: $1,295

$2,209 /mo

Next >

NMLS #1312186

5.365%

15-Year Fixed

5.250%

$3,000

Includes 0.750 points for $3,000

Lender Fees: $0

$3,216 /mo

Next >

NMLS #6606

5.400%

15-Year Fixed

5.250%

$3,928

Includes 0.982 points for $3,928

Lender Fees: $0

$3,216 /mo

Next >

NMLS #2473786

5.463%

5-Year ARM

5.375%

$3,947

Includes 0.713 points for $2,852

Lender Fees: $1,095

$2,240 /mo

Next >

NMLS #1025894

5.502%

15-Year Fixed

5.375%

$3,328

Includes 0.657 points for $2,628

Lender Fees: $700

$3,242 /mo

Next >

NMLS #1928741

5.840%

30-Year Fixed

5.750%

$3,928

Includes 0.982 points for $3,928

Lender Fees: $0

$2,335 /mo

Next >

NMLS #2562839

5.847%

5-Year ARM

5.750%

$4,213

Includes 0.772 points for $3,088

Lender Fees: $1,125

$2,335 /mo

Next >

NMLS #1085173

5.862%

5-Year ARM

5.750%

$4,958

Includes 0.897 points for $3,588

Lender Fees: $1,370

$2,335 /mo

Next >

NMLS #2473786

5.944%

30-Year Fixed

5.875%

$3,007

Includes 0.478 points for $1,912

Lender Fees: $1,095

$2,367 /mo

Next >

NMLS #2126430

5.946%

30-Year Fixed

5.875%

$3,195

Includes 0.475 points for $1,900

Lender Fees: $1,295

$2,367 /mo

Next >

NMLS #2562839

5.947%

30-Year Fixed

5.875%

$3,125

Includes 0.500 points for $2,000

Lender Fees: $1,125

$2,367 /mo

Next >

NMLS #1312186

5.958%

5-Year ARM

5.875%

$3,596

Includes 0.899 points for $3,596

Lender Fees: $0

$2,367 /mo

Next >

NMLS #2059741

5.960%

30-Year Fixed

5.875%

$3,696

Includes 0.924 points for $3,696

Lender Fees: $0

$2,367 /mo

Next >

NMLS #1085173

5.963%

30-Year Fixed

5.875%

$3,870

Includes 0.625 points for $2,500

Lender Fees: $1,370

$2,367 /mo

Next >

NMLS #757416

5.966%

30-Year Fixed

5.875%

$3,916

Includes 0.979 points for $3,916

Lender Fees: $0

$2,367 /mo

Next >

NMLS #324599

License: 324599

5.990%

30-Year Fixed

5.875%

$5,070

Includes 1.000 points for $4,000

Lender Fees: $1,070

$2,367 /mo

Next >

NMLS #1105497

License: 603L227

5.993%

30-Year Fixed

5.875%

$5,125

Includes 0.875 points for $3,500

Lender Fees: $1,625

$2,367 /mo

Next >

NMLS #1954591

License: 60DBO-113383

6.087%

5-Year ARM

5.990%

$4,219

Includes 0.778 points for $3,112

Lender Fees: $1,107

$2,396 /mo

Next >

NMLS #2561451

6.088%

30-Year Fixed

5.999%

$3,830

Includes 0.770 points for $3,080

Lender Fees: $750

$2,398 /mo

Next >

NMLS #324599

License: 324599

6.097%

5-Year ARM

5.990%

$4,682

Includes 0.903 points for $3,612

Lender Fees: $1,070

$2,396 /mo

Next >

NMLS #1954591

License: 60DBO-113383

6.097%

30-Year Fixed

5.990%

$4,655

Includes 0.887 points for $3,548

Lender Fees: $1,107

$2,396 /mo

Next >

NMLS #1105497

License: 603L227

6.099%

5-Year ARM

5.990%

$4,682

Includes 0.778 points for $3,112

Lender Fees: $1,570

$2,396 /mo

Next >

NMLS #1312186

6.207%

30-Year Fixed

6.125%

$3,500

Includes 0.875 points for $3,500

Lender Fees: $0

$2,431 /mo

Next >

NMLS #1025894

6.212%

30-Year Fixed

6.125%

$3,716

Includes 0.754 points for $3,016

Lender Fees: $700

$2,431 /mo

Next >

NMLS #399799

6.214%

30-Year Fixed

6.125%

$3,943

Includes 0.654 points for $2,616

Lender Fees: $1,327

$2,431 /mo

Next >

NMLS #6606

6.329%

30-Year Fixed

6.240%

$3,792

Includes 0.948 points for $3,792

Lender Fees: $0

$2,461 /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.

Bucking the down trend are 15 year jumbo refinance rates with current 15 year refinance rates averaging 5.13 percent. This is an increase from the prior week's average jumbo refinance rate of 5.10 percent.

Looking for refinance rates? Use our mortgage rate tables to find today's refinance rates. Today's Refinance Rates.

Conforming Adjustable Mortgage Rates - Refinance

The average 1 year adjustable refinance loan rate is at 4.67% this week, up from last week when 1 year refinance loan rates averaged 4.26%.

The average conforming 3 year adjustable refinance rate is at 4.63% this week, an increase from last week’s mortgage loan refinance rate of 4.61%.

5 year adjustable refinance interest mortgage rates are averaging 4.01% this week, a decrease from last week’s average mortgage refinance interest rate of 4.05%.

7 year conforming mortgage refinance rates are at 4.50%, down from last week’s average mortgage refinance rate of 4.60%.

10 year refinance mortgage rates are averaging 4.80%, up slightly from last week’s home equity refinance rate of 4.79%.

Jumbo Adjustable Mortgage Rates -  Refinance

1 year jumbo adjustable refinance rates are at 5.59%, unchanged from last week’s average refinance rate.

The average refinance rate for a 3 year jumbo ARM is at 5.36%, down from last week's average adjustable refinance loan rate of 5.44%.

5 year jumbo refinance interest rates are at 4.70% this week, a decrease from last week’s average bank refinance rate of 4.76%.

The average 7 year jumbo refinance home loan rate is at 5.75% this week, down from the prior week’s average refinance home loan rate of 5.80%.

10 year home refinance rates are averaging 5.96% this week, a decrease from the previous week’s average 10 year home refinance rate of 5.99%.

Looking for mortgage refinancing rates? Current refinance rates can be found in your state by searching our mortgage refinance tables. Mortgage Refinance Rates