Mortgage Rates

| Search for Current Refinance Rates and Mortgage Rates from Many Lenders
Search and compare refinance rates and mortgage rates today from many lenders by using our search tool.The rate list below is displaying mortgage refinance rates for a $200,000 mortgage loan in your state. Change the search criteria to receive your own personalized mortgage quotes from many lenders at once.
Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
15 yr fixed refi in 98501, All points, Credit score: 740+     Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
Capital One Logo
NMLS # 453156
(877) 814-7279
at 2.000 pts
60 day lock rate
Est payment: $1,393.22
Fees in APR: $1,511
 
 
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AimLoan.com Logo
NMLS # 2890
State Lic # 520-CL-25944
at 1.100 pts
30 day lock rate
Est payment: $1,345.38
Fees in APR: $3,201
Bankrate MSG 
 
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Mortgage Mate Logo
NMLS # 3294
State Lic # CL-3294
(877) 829-3373
at 2.000 pts
45 day lock rate
Est payment: $1,357.24
Fees in APR: None
A QUARTER CENTURY OF EXCELLENCE. NMLS# 3294. 
 
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loanDepot Logo
NMLS # 174457
State Lic # CL-174457
(877) 561-0247
at 2.000 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: $1,950
 
 
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Sebonic Financial Logo
NMLS # 66247
State Lic # CL-1060801
(877) 661-8303
at 2.000 pts
30 day lock rate
Est payment: $1,381.16
Fees in APR: None
 
 
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Amerisave Mortgage Corporation Logo
NMLS # 1168
State Lic # CL-1168
(877) 892-7165
at 2.000 pts
30 day lock rate
Est payment: $1,369.17
Fees in APR: $800
Billions Funded. Direct Lender. 
 
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First Guaranty Mortgage Corporation Logo
NMLS # 2917
State Lic # CL-2917
(877) 849-5746
at 1.000 pts
31 day lock rate
Est payment: $1,369.17
Fees in APR: None
CALL NOW for even lower rate for certain scenarios CALL NOW 
 
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Sebonic Financial Logo
NMLS # 66247
State Lic # CL-1060801
(877) 661-8303
at 1.000 pts
30 day lock rate
Est payment: $1,381.16
Fees in APR: None
 
 
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Smarter Mortgages Logo
NMLS # 140234
State Lic # CL-140234
(877) 619-6057
at 0.375 pts
30 day lock rate
Est payment: $1,381.16
Fees in APR: None
Ask about our Zero closing costs options! 
 
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loanDepot Logo
NMLS # 174457
State Lic # CL-174457
(877) 561-0247
at 1.000 pts
30 day lock rate
Est payment: $1,369.17
Fees in APR: $195
 
 
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Capital One Logo
NMLS # 453156
(877) 814-7279
at 1.000 pts
60 day lock rate
Est payment: $1,405.34
Fees in APR: $1,511
 
 
Next button
Mortgage Mate Logo
NMLS # 3294
State Lic # CL-3294
(877) 829-3373
at 1.000 pts
45 day lock rate
Est payment: $1,369.17
Fees in APR: None
A QUARTER CENTURY OF EXCELLENCE. NMLS# 3294. 
 
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AimLoan.com Logo
NMLS # 2890
State Lic # 520-CL-25944
at 0.100 pts
30 day lock rate
Est payment: $1,357.24
Fees in APR: $3,279
Bankrate MSG 
 
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Pacific Finance Group, LLC Logo
NMLS # 119153
(877) 900-4991
at 1.000 pts
30 day lock rate
Est payment: $1,369.17
Fees in APR: None
ASK ABOUT CREDIT FOR CLOSING COSTS! KIRKLAND OFFICE A+ RATED BBB 
 
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Pentagon Federal Credit Union Logo
at 1.000 pts
60 day lock rate
Est payment: $1,381.16
Fees in APR: None
 
 
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Amerisave Mortgage Corporation Logo
NMLS # 1168
State Lic # CL-1168
(877) 892-7165
at 1.000 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: $800
Billions Funded. Direct Lender. 
 
Next button
loanDepot Logo
NMLS # 174457
State Lic # CL-174457
(877) 561-0247
at 0.000 pts
30 day lock rate
Est payment: $1,381.16
Fees in APR: $495
 
 
Next button
Capital One Logo
NMLS # 453156
(877) 814-7279
at 0.000 pts
60 day lock rate
Est payment: $1,429.77
Fees in APR: $1,511
 
 
Next button
Amerisave Mortgage Corporation Logo
NMLS # 1168
State Lic # CL-1168
(877) 892-7165
at 0.000 pts
30 day lock rate
Est payment: $1,417.52
Fees in APR: $800
Billions Funded. Direct Lender. 
 
Next button
AimLoan.com Logo
NMLS # 2890
State Lic # 520-CL-25944
at 0.000 pts
30 day lock rate
Est payment: $1,369.17
Fees in APR: $1,995
Bankrate MSG 
 
Next button
Pacific Finance Group, LLC Logo
NMLS # 119153
(877) 900-4991
at 0.000 pts
30 day lock rate
Est payment: $1,369.17
Fees in APR: $1,899
ASK ABOUT CREDIT FOR CLOSING COSTS! KIRKLAND OFFICE A+ RATED BBB 
 
Next button
Sebonic Financial Logo
NMLS # 66247
State Lic # CL-1060801
(877) 661-8303
at 0.000 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: None
 
 
Next button
Pentagon Federal Credit Union Logo
at 0.000 pts
60 day lock rate
Est payment: $1,405.34
Fees in APR: None
 
 
Next button
Aurora Financial Logo
NMLS # 35959
State Lic # CL-35959
at 0.000 pts
45 day lock rate
Est payment: $1,393.22
Fees in APR: None
Direct Lender A+ BBB Close in 7 Days. Free Float Downs 
 
Next button
Mortgage Mate Logo
NMLS # 3294
State Lic # CL-3294
(877) 829-3373
at 0.000 pts
45 day lock rate
Est payment: $1,381.16
Fees in APR: None
A QUARTER CENTURY OF EXCELLENCE. NMLS# 3294. 
 
Next button
Smarter Mortgages Logo
NMLS # 140234
State Lic # CL-140234
(877) 619-6057
at 0.000 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: None
Ask about our Zero closing costs options! 
 
Next button
First Guaranty Mortgage Corporation Logo
NMLS # 2917
State Lic # CL-2917
(877) 849-5746
at 0.000 pts
31 day lock rate
Est payment: $1,381.16
Fees in APR: None
CALL NOW for even lower rate for certain scenarios CALL NOW 
 
Next button

Mortage Data Provided by Bankrate.com Many lenders have different rates on their own Websites than those posted on Bankrate.com. In order to get the Bankrate.com rate, please identify yourself as a Bankrate.com customer. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the lender you choose, please click here.

The rates above were collected by Bankrate.com on the dates specified. Rates are subject to change without notice and may vary from branch to branch. Rate/APR and terms may vary based on the creditworthiness of the individual and the extent to which the loan differs from the one used for Bankrate.com quotes. For criteria used in surveys of rates above, click here. These quotes are from banks, thrifts, and brokers, some of whom have paid for a link to their own Web site, where you can find additional information.



Most were expecting higher mortgage rates throughout 2014 but just the opposite is happening. Early in the year, mortgage analysts were predicting conventional 30 year mortgage rates would hit 5.00 percent by the end of 2014. Average 30 year rates today are at 4.30 percent, just above the low of 4.13 percent this year.

Average rates on 30 year loans will move lower in the coming days because yields on 10 year bonds are tanking. Lenders set loan rates based on U.S. Treasury yields and 10 year bond yields are down 7 basis points today to 2.33 percent, the lowest point for the 10 year yield this year. This sharp decline will drive lenders to decrease mortgage rates in the coming days, which will drive the average mortgage rate lower, in all likelihood to a new low for 2014.

Yields are moving lower as a response to several factors. Economies across the globe remain sluggish and as a result, central banks are forcing interest rates lower to stimulate their economies. Bond yields declined to record lows across the European Union. German 10 year bond yields briefly fell below 1.00 percent for the first time ever.

Geopolitical tensions have been increasing in several different parts of the world and as a result investors are reducing their appetite for risk, instead investing in the safe haven of bonds in the Eurozone and in the United States. Investor demand for bonds has driven bond prices higher and bond yields lower. We could see 10 year U.S. bond yields fall to 2.00 percent in the months ahead. A 2.0o percent 10 year yield would send average 30 year mortgage rates towards 3.75 percent.

Average rates are still above 4.00 percent but there are many lenders quoting 30 year refinance rates below 4.00 percent. We have over 10 lenders quoting 30 year rates below 4.00 percent on our rate tables with points and without points.  Without providing any personal information, you can check on rates in your state by using the tables to view rates: Rate Tables.

Below is a list of average conforming and jumbo mortgage rates:

Average Conforming Mortgage Rates

  • 30 Year Fixed 4.30%
  • 15 Year Fixed 3.18%
  • 5 Year ARM 3.53%

Average Jumbo Mortgage Rates

  • 30 Year Jumbo Fixed 4.58%
  • 15 Year Jumbo Fixed 3.70%
  • 5 Year Jumbo ARM 3.59%
 
Author: Brian McKay
August 18th, 2014

Mortgage rates are hovering just above the low for 2014. Conventional 30 year mortgage rates are currently averaging 4.19 percent, a decline from last week’s average 30 year rate of 4.26 percent. The lowest point for 30 year conforming rates in 2014 was 4.12 percent earlier this month. The highest point was 4.53 percent back in January.

So far in 2014, mortgage rates have headed in the opposite direction than they were forecasted. Late in 2013, forecasts were for 30 year mortgage rates to hit 5.00 percent sometime this year. While this is still possible, it is getting more and more unlikely as we move into the 8th month of the year.

A more likely scenario is for 30 year conforming rates to remain near current levels. Rates probably won’t move below 4.00 percent unless the situation in the Ukraine gets a lot worse and investors free equities to the safety of U.S. Treasuries. As investors buy bonds, bond prices move higher and bond yields move lower. Mortgage rates are tied to bond yields, so lower yields means lower rates on mortgages.

On the high end, average 30 year rates could move above 4.50 percent or even higher in 2014. The key to higher rates is a strong economy, a lower unemployment rate, and the threat of inflation. Several key economic reports will be released this week that could send bond yields and mortgage rates higher.

The most influential report will be nonfarm payrolls scheduled to be released this Friday at 8:30 AM. Forecasts are for 250,000 jobs having been created and for the unemployment rate to hold steady at 6.1 percent. Any decline in the unemployment rate or job growth higher than 300,000 will send rates higher.

Overall, mortgage rates will move higher from current levels. Strictly speaking in terms of rates, if you’re thinking about refinancing your mortgage or buying a home, you should do so now. Refinance rates are probably at the low point for this year and likely at the lowest point we will ever see. Rates are moving higher in the coming years, so locking in a fixed long term rate is your best bet.

Listed below are average mortgage rates today for fixed conforming and fixed jumbo mortgages:

Average Conforming Mortgage Rates

  • 30 Year Rates 4.19%
  • 15 Year Rates 3.23%

Average Jumbo Mortgage Rates

  • 30 Year Rates 4.68%
  • 15 Year Rates 3.70%

The lowest rates available right now in our rate database are below:

Lowest Conforming Mortgage Rates Available

  • 30 Year Rates 3.625% 2 Mortgage Points
  • 15 Year Rates 2.75%  1 Mortgage Point

Lowest Jumbo Mortgage Rates Available

  • 30 Year Rates 3.75% 2 Mortgage Points
  • 15 Year Rates 3.125% 1 Mortgage Point
 
Author: Brian McKay
August 2nd, 2014

Average 15 year mortgage rates today are lower, following 10 year U.S. Treasury yields lower. Mortgage rates have fallen in 2014, just the opposite of what was expected to happen. When the Federal Reserve embarked on slowing their monthly buys of mortgage-backed securities (MBS) and long term U.S. Treasuries, interest rates were expected to move higher.

The Fed was buying $85 billion a month in these securities last year and has lowered the monthly amount down to $35 billion a month in July. The Fed also announced they would cease these purchases in October. So why haven’t bond rates and mortgage rates moved higher in 2014?

The reason being that China has played a big roll in keeping bond yields low and indirectly keeping mortgage rates low. China has increased its purchasing of  U.S. bonds this year at the fastest pace in more than 30 years. When there is more demand for U.S. bonds, bond prices move higher and bond yields move lower.

Lenders tie mortgage rates to bond yields, so when bond yields move lower, mortgage rates also move lower. There is an interesting article in the Wall Street Journal that shows how much China has been buying this year. You can read the article here: China Plays a Big Role as U.S. Treasury Yields Fall.

Average Mortgage Rates Today July 21, 2014

  • Conforming 30 Year Rates 4.27%
  • Conforming 15 Year Rates 3.27%
  • Conforming 5/1 ARM Rates 3.47%
  • Jumbo 30 Year Rates 4.57%
  • Jumbo 15 Year Rates 3.71%
  • Jumbo 5/1 ARM Rates 3.51%

Lowest Mortgage Rates Available Today July 21, 2014

  • Conforming 30 Year Rate 3.265%
  • Conforming 15 Year Rate 2.875%
  • Conforming 5/1 Rate 2.625%
  • Jumbo 30 Year Rate 3.875%
  • Jumbo 15 Year Rate 3.375%
  • Jumbo 5/1 ARM Rate 2.625%

You can view lender’s rates in your state by searching our tables here: Current Mortgage Rates.

 
Author: Brian McKay
July 21st, 2014

The increase in 10 year bond yields this past week has sent average conforming mortgage rates higher. The increase in mortgage rates won’t last for long. Bond yields have fallen 0.10 percent since the Federal Reserve’s meeting minutes were released yesterday afternoon. The meeting minutes showed Federal Reserve officials agreed to end the Fed’s bond buying program by October instead of at the end of 2014.

The Fed’s program was designed to suppress bond yields and mortgage rates so ending it should send rates higher but that isn’t happening yet. Bond yields and stock market futures are down sharply this morning following European stocks lower. By the beginning of next week average mortgage rates will be 0.10 percent to 0.15 percent lower.

Current mortgage rates on 30 year conforming mortgages are averaging 4.21 percent, an increase from last week’s average 30 year rate of 4.19 percent. By next Monday average 30 year rates will fall below 4.10 percent and possibly as low as 4.05 percent. While current 30 year rates are above 4.00 percent there are plenty lenders quoting 30 year refinance rates below 4.00 percent with points and without points.

15 year mortgage rates today are averaging 3.29 percent, a slight increase from last week’s average 15 year mortgage rate of 3.24 percent. By early next week average 15 year rates will fall below 3.20 percent towards 3.10 percent. There are lenders quoting 15 year refinance rates well below the average rate.

Searching on the rate tables for the state of California we see the lowest 15 year refinancing rate at 2.75 percent with just 0.10 mortgage points. The same lender is also quoting 15 year refi rates in other states with the same rate/point combination. There are also many other lenders quoting 15 year rates below 3.00 percent with different points.

Today’s mortgage rates on 30 year jumbo loans are averaging 4.57 percent, a slight decline from last week’s average 30 year jumbo mortgage rate of 4.58 percent. Since bond yields are lower average 30 year jumbo rates will also fall in the coming days. We are forecasting 30 year jumbo rates will fall below 4.50 percent by next Monday.

There currently are lenders quoting 30 year jumbo refinance rates below the average rate and one lender quoting rates below 4.00 percent. Checking on rates available we see the lowest rate quoted is at 3.875 percent with 2 mortgage points. The lowest 30 year jumbo refi rates available without points are currently at 4.125 percent.

Average 15 year jumbo mortgage rates are at 3.72 percent, a decline from last week’s average 15 year rate of 3.74 percent. The best jumbo refinance rates available on 15 year loans are at 3.375 percent with points. The best 15 year rate without points is at 3.625 percent.

 

 

 
Author: Brian McKay
July 11th, 2014

Average fixed mortgage rates are lower this week, following bond yields lower. 30 year mortgage rates fell from 4.22 percent last week to 4.14 percent this week. During the past week 10 year bond yields have fallen from 2.62 percent down to yesterday’s close of 2.52 percent. This coming week we might see 10 year bond yields fall below 2.50 percent and 30 year rates fall below 4.10 percent.

Mortgage rates were forecasted to move higher in 2014 but the opposite has happened so far. The Mortgage Bankers Association predicts 30 year rates will head towards 5.00 percent by the end of the year. Since we are almost in the third quarter of 2014 and 30 year rates are closer to 4.00 percent, it’s doubtful that the MBA’s forecast is correct.

By the end of this year, 30 year rates will still be under 4.50 percent unless the economy really takes off and inflation increases above 2.00 percent. You can still find lenders quoting 30 year mortgage rates today below 4.00 percent. Checking on the rate tables, we see the lowest 30 year refinance rates are at 3.625 percent with 2 mortgage points and at 3.875 percent with no points.

Conventional 15 year mortgage rates today are averaging 3.21 percent, down from the prior week’s average 15 year mortgage rate of 3.26 percent. The lowest current 15 year refinancing rates available are well below the average rate and below 3.00 percent. The lowest 15 year refi rate with points is at 2.625 percent with 1.1o mortgage points. The lowest 15 year rate without points is at still below 3.00 percent at 2.875 percent.

Current 30 year jumbo mortgage rates are averaging 4.50 percent, down considerably from last week’s average 30 year jumbo rate of 4.75 percent. The best jumbo refinance rates available with points are well below the average at 3.875 percent with 2 mortgage points. The best jumbo refi rates without points are also below the average at 4.125 percent.

Today’s mortgage rates on 15 year jumbo loans are averaging 4.11 percent, down from the previous week’s average 15 year jumbo mortgage rate of 4.19 percent. Checking the rate tables, the best 15 year jumbo rates available are well below the average rate and below 4.00 percent. The lowest 15 year jumbo refi rates are at 3.25 percent with 1 mortgage point. The best 15 year rate without points is at 3.50 percent.

Adjustable mortgage rates today are mixed, conforming rates are higher while jumbo rates are lower. 5 year conforming adjustable mortgage rates are currently averaging 3.73 percent, up from last week’s average 5 year adjustable rate of 3.61 percent. 5 year jumbo adjustable rates are averaging 3.44 percent, down from last week’s average of 3.76 percent.

The best 5 year conforming adjustable rates available are much lower than the average at 2.25 percent with 1.10 points. The lowest rate without points is also well below the average at 2.265 percent. The best 5 year jumbo adjustable rates are averaging 2.50 percent with 0.75 points and at 2.65 percent with no points.

 
Author: Brian McKay
June 30th, 2014