☰

Survey Results We asked readers after the Fed’s Sept. 16 hike: 50% of homeowners have a mortgage rate under 4%. See the full results

iAdvertiser Disclosure Rate Trends

Best 15-Year Jumbo Mortgage Rates October 2026 | As Low As 5.58%

Q: What are today's best 15-year jumbo mortgage rates?

Recent 15-year jumbo rates observed include: Coast Central Credit Union: 5.58% (JUMBO Real Estate Loan)Ukrainian National Federal Credit Union: 5.88% (First Mortgage - Residential Conforming (non-Jumbo) - 15 year fixed)Fairwinds Credit Union: 5.75% (15 Year Jumbo Mortgage)1st Northern California Credit Union: 5.75% (Mortgage - 15 Year Jumbo)Iron Workers SB: 6.12% (15 Year Fixed Rate Jumbo). Last Updated and Verified: October 11, 2026. Rates are subject to change daily based on market conditions and individual lender portfolio strategies.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Last Updated: October 11, 2026

15-year jumbo mortgage rates range from 5.58% to 6.25%, verified by MonitorBankRates as of October 11, 2026. Today's 15-year jumbo mortgage market includes offers such as Coast Central Credit UnionCoast Central Credit Union12700 Highway 96, Arcata, CA 95501A+5.0 ★Texas Ratio: 2.92% offering JUMBO Real Estate Loan at 5.58%, and Ukrainian National Federal Credit UnionUkrainian National Federal Credit Union1678 E 17th St, Brooklyn, NJ 08861A5.0 ★Texas Ratio: 12.02% offering First Mortgage - Residential Conforming (non-Jumbo) - 15 year fixed at 5.88%, and Fairwinds Credit UnionFairwinds Credit Union105 Aquaris Agora Dr, Altamonte Springs, FL 32132A+5.0 ★Texas Ratio: 2.64% offering 15 Year Jumbo Mortgage at 5.75%, and 1st Northern California Credit Union1st Northern California Credit Union1111 Pine St, Benicia, CA 94510 3579A+5.0 ★Texas Ratio: 0.12% offering Mortgage - 15 Year Jumbo at 5.75%, and Iron Workers SBIron Workers SB100 Ridge Rd, Aston, PA 19014A+5.0 ★Texas Ratio: 0.00% offering 15 Year Fixed Rate Jumbo at 6.12%.

A 15-year jumbo mortgage combines the fast equity-building of a 15-year term with financing for high-value properties above conforming loan limits. It is the most aggressive payoff structure available for jumbo borrowers — carrying a higher monthly payment but delivering the lowest total interest cost of any jumbo product.

15-Year Jumbo Mortgage Rates reflect actual verified offers from lenders. Your final approved rate will depend on your credit profile, loan-to-value ratio, and daily market movements. Last Updated and Verified: October 11, 2026

Compare 15-Year Jumbo Mortgage Rates Today

Today's 15-Year Jumbo Fixed Rate Context: The average 15-year jumbo fixed mortgage rate is 7.009%, up 0.070% from last week. The table below shows verified 15-year jumbo fixed rate offers from banks and credit unions. Source: Verified Mortgage Rate Data provided by MonitorBankRates.com.

Source: Verified Mortgage Rate Data provided by MonitorBankRates.com

Lender

Product

Term

Rate ▲

APR

Profile

Coast Central Credit Union

Institution Rating:

A+5.0 ★Texas Ratio: 2.92%

Arcata, CA

JUMBO Real Estate Loan

15 Years

5.58%

5.60%

View

▼

Rate5.58%

APR5.60%

Points0.000

UpdatedOct 9, 2026

Details

Jumbo loans are loans exceeding $832,750. Rates are subject to change without notice and are based upon borrower qualifications and credit review. Rate posted assumes the purpose of the loan is to purchase a primary residence, loan amount of $900,000, Loan to Value of 60% or less, Debt to Income ratio of less than 40%, credit score of 780 or above. APR is based on a $900,000 loan amount. Rates also available for Non-Owner Occupied.

Rate History

No change since Oct 9, 2026 · 5.60% APR

Ukrainian National Federal Credit Union

Institution Rating:

A5.0 ★Texas Ratio: 12.02%

Brooklyn, NJ

First Mortgage - Residential Conforming (non-Jumbo) - 15 year fixed

15 year

5.88%

View

▼

Rate5.88%

APR5.88%

Points0.000

UpdatedOct 9, 2026

Details

No additional details available.

Rate History

1 change since Sep 14, 2026 · 5.63% → 5.88% ▲ 0.25 pts · high 5.88% / low 5.63%

Oct 9, 20265.88%▲ from 5.63%
Sep 14, 20265.63%first recorded

Fairwinds Credit Union

Institution Rating:

A+5.0 ★Texas Ratio: 2.64%

Altamonte Springs, FL

15 Year Jumbo Mortgage

180 months

5.75%

5.90%

View

▼

Rate5.75%

APR5.90%

Points0.783

UpdatedOct 10, 2026

Details

For a $832,750.00 loan would result in a monthly payment of $6,915.24. Last updated 10/09/2026. The rates displayed already reflect a 0.50 percentage point promotional discount for eligible 10-, 15-, 20-, and 30-year fixed-rate mortgage loans. Available for purchase and refinance loans on owner-occupied primary residences. Excludes construction-to-permanent loans, vacation homes, investment properties, multifamily properties, and condominiums. To qualify for and retain the discounted rate, members must establish a FAIRWINDS checking account with either a recurring direct deposit of at least $500 or automatic mortgage payments. Failure to establish these requirements may result in the loss of the promotional discount and an adjustment to the interest rate. Offer may be modified or discontinued at any time without notice.

Rate History

No change since Oct 10, 2026 · 5.90% APR

1st Northern California Credit Union

Institution Rating:

A+5.0 ★Texas Ratio: 0.12%

Benicia, CA

Mortgage - 15 Year Jumbo

15 Year

5.75%

5.90%

View

▼

Rate5.75%

APR5.90%

Points0.750

UpdatedOct 10, 2026

Details

No additional details available.

Rate History

No change since Sep 27, 2026 · 5.90% APR · checked 4 times

Iron Workers SB

Institution Rating:

A+5.0 ★Texas Ratio: 0.00%

Aston, PA

15 Year Fixed Rate Jumbo

15 Year

6.12%

6.13%

View

▼

Rate6.12%

APR6.13%

Points0.000

UpdatedOct 7, 2026

Details

No additional details available.

Rate History

No change since Sep 15, 2026 · 6.13% APR · checked 8 times

Sewickley Savings Bank

Institution Rating:

A+5.0 ★Texas Ratio: 2.51%

Coraopolis, PA

Jumbo Mortgages - 15 Year

15 Year

6.12%

6.14%

View

▼

Rate6.12%

APR6.14%

Points0.000

UpdatedOct 7, 2026

Details

No additional details available.

Rate History

1 change since Sep 24, 2026 · 6.00% → 6.14% ▲ 0.14 pts · high 6.14% / low 6.00%

Oct 1, 20266.14%▲ from 6.00%
Sep 24, 20266.00%first recorded

Commonwealth Co-operative Bank

Institution Rating:

A+5.0 ★Texas Ratio: 2.29%

Boston, MA

Mortgage - 15 Year Fixed Jumbo

15 Year

6.12%

6.17%

View

▼

Rate6.12%

APR6.17%

Points0.000

UpdatedOct 7, 2026

Details

No additional details available.

Rate History

1 change since Sep 24, 2026 · 5.79% → 6.17% ▲ 0.38 pts · high 6.17% / low 5.79%

Oct 1, 20266.17%▲ from 5.79%
Sep 24, 20265.79%first recorded

Iron Workers SB

Institution Rating:

A+5.0 ★Texas Ratio: 0.00%

Aston, PA

15 Year Fixed Rate Jumbo

15 Year

5.75%

6.23%

View

▼

Rate5.75%

APR6.23%

Points3.000

UpdatedOct 7, 2026

Details

No additional details available.

Rate History

No change since Sep 15, 2026 · 6.23% APR · checked 8 times

Watertown Savings Bank Watertown, MA

Institution Rating:

A+5.0 ★Texas Ratio: 1.01%

Arlington, MA

Conforming and Jumbo Loans - Purchase and Refinance

15 years

6.25%

6.27%

View

▼

Rate6.25%

APR6.27%

Points0.000

UpdatedOct 11, 2026

Details

No additional details available.

Rate History

No change since Oct 7, 2026 · 6.27% APR · checked 2 times

Disclaimer

The 15-year jumbo mortgage rates displayed are verified and sourced directly from the official websites of the listed financial institutions.

Banks and Credit Unions: If you need to update your rate data or request removal from MonitorBankRates.com, please contact us here.

15-Year Jumbo Mortgage Rate Trend

Daily average rates across all mortgage types

Daily mortgage rate averages compiled from our database of 8,500+ banks and credit unions — updated daily.

View Full Trends Report →

15-Year Jumbo — Avg

7.009%

▲ 0.070% from last week

The 15-year jumbo rate rose 0.070 points over the past 7 days to 7.009%, up from 6.938% last week.

Quick Reference — October 2026

Est. payment ($400k loan): $3,597/mo

Loan type: Fixed-rate, 15-year jumbo term

Best for: Faster payoff on high-value properties

Data source: 8,500+ lenders verified daily

As of Oct 13, 2026 • Daily averages from our database of 8,500+ U.S. banks & credit unions — updated daily Powered by MonitorBankRates

15-Year Jumbo Mortgage Calculators

Mortgage Payment Calculator Affordability Calculator Refinance Calculator Rent vs. Buy Calculator

Methodology & Data Sources

Direct-Sourced & Verified Rate Data: Every 15-year jumbo mortgage rate on this page is sourced directly from the official website of the lending institution. Jumbo rates are tracked from both banks and credit unions with daily verification.

Coast-to-Coast Lender Coverage: Our database monitors over 8,500 banks and credit unions across all 50 states, capturing a diverse mix of community credit unions, regional banks, and online lenders. This breadth ensures you see competitive rates that many rate surveys miss.

Time-Stamped for Full Transparency: Because 30-year fixed mortgage rates can shift multiple times per week in response to 10-year Treasury movements and Federal Reserve policy changes, every rate entry carries its own specific "last updated" date. You always know exactly how fresh the data is.

Proprietary Lender Safety Ratings: Rate alone is only part of the picture. MonitorBankRates evaluates the financial stability of every listed institution using regulatory FDIC and NCUA data. Our composite Health Grades (A+ to F), Star Ratings, and Texas Ratio calculations give you a clear view of lender stability so you can borrow with confidence from a financially sound institution.

Frequently Asked Questions About 15-Year Jumbo Mortgage Rates

What is a 15-year jumbo mortgage?

A 15-year jumbo mortgage is a fixed-rate home loan that exceeds the FHFA conforming loan limit ($766,550 in most U.S. counties for 2024) and is repaid over 180 months. It combines the high-balance financing of a jumbo loan with the faster payoff and lower total interest cost of a 15-year term. Because the loan exceeds conforming limits, it cannot be sold to Fannie Mae or Freddie Mac, so lenders hold it in portfolio. The 15-year jumbo typically offers the lowest interest rate among jumbo loan options but carries the highest monthly payment.

How does a 15-year jumbo compare to a 30-year jumbo?

The 15-year jumbo has a higher monthly payment but far lower total interest cost than a 30-year jumbo. On a $1,000,000 loan, the 15-year payment is typically $2,500–$3,500/month more than the 30-year payment, but the total interest paid over the life of the loan can be $400,000–$600,000 less depending on rate levels. The 15-year also builds equity at roughly twice the rate of the 30-year in the early years. The right choice depends on whether you can comfortably sustain the higher payment without compromising cash flow or other financial goals.

What qualifies as a jumbo loan?

A jumbo loan is any mortgage that exceeds the conforming loan limits established annually by the Federal Housing Finance Agency (FHFA). In most U.S. counties, the 2024 limit for a single-family home is $766,550. In designated high-cost areas — including parts of California, New York, Colorado, and Hawaii — higher limits apply, reaching up to $1,149,825. Loans above these thresholds cannot be purchased by Fannie Mae or Freddie Mac, which is why lenders impose stricter borrower qualifications and hold them on their own balance sheets.

What credit score and qualifications do I need for a 15-year jumbo?

Most lenders require a minimum credit score of 700–720 for jumbo loans, with the best rates reserved for scores of 740–760 and above. Debt-to-income (DTI) ratios are typically capped at 43%. Because the 15-year payment is substantially higher than a 30-year, lenders apply additional scrutiny to ensure the higher payment is sustainable relative to your income. Cash reserves are also critical — most jumbo lenders require 12–24 months of total mortgage payments in liquid assets after closing.

How much down payment is required for a 15-year jumbo?

Most jumbo programs require 10%–20% down. Some lenders offer 10% down options for well-qualified borrowers on smaller jumbo amounts, while others require 20% or more, particularly at higher loan sizes. The higher the down payment, the better the rate and the lower the loan balance — both of which amplify savings on a 15-year loan. Even programs that permit 10% down typically reserve the best pricing for borrowers with 20%+ equity.

Who is a 15-year jumbo best suited for?

The 15-year jumbo is well suited for high-income borrowers purchasing luxury or high-value properties who want to minimize total interest paid and build equity rapidly. It is particularly popular with borrowers approaching retirement who want to pay off a high-value home before stopping work, buyers with strong, stable income who are less sensitive to cash flow constraints, and those refinancing an existing jumbo mortgage who want to accelerate payoff. Because the monthly commitment is significant, it is less appropriate for borrowers with variable income or those who want to preserve cash flow flexibility.

Are 15-year jumbo rates lower than 30-year jumbo rates?

Yes, typically. 15-year jumbo rates are generally 0.40%–0.75% below 30-year jumbo rates, reflecting the shorter duration and lower cumulative default risk for the lender. On a $1,000,000 loan, even a 0.50% rate difference translates to roughly $5,000/year in interest savings during the early years of the loan. Combined with the faster principal paydown, the 15-year produces dramatically lower total interest costs than the 30-year even before accounting for the rate advantage.

Can I refinance into a 15-year jumbo mortgage?

Yes. Refinancing into a 15-year jumbo is common among borrowers who originally took a 30-year jumbo and want to accelerate payoff — particularly when rates drop or their income has grown. The process requires a new appraisal, updated income and asset documentation, and re-qualification at current standards. The key calculation is whether the combination of a lower rate and faster payoff justifies the closing costs. On large loan balances, even a modest rate improvement can produce significant monthly savings that recover closing costs quickly.

What is the difference between interest rate and APR on a 15-year jumbo?

The interest rate is your annual borrowing cost. The APR (Annual Percentage Rate) incorporates the rate plus lender origination fees, points, and certain closing costs, all annualized. On a 15-year loan, upfront fees have a larger per-year impact on APR than on a 30-year loan because they are amortized over fewer payments. When comparing multiple jumbo lenders, the APR is especially valuable because it accounts for fee differences that may not be obvious from the rate alone. Always obtain quotes on the same day so market conditions are equivalent across comparisons.

How are 15-year jumbo rates determined?

Lenders price 15-year jumbo rates based on shorter-dated U.S. Treasury yields (primarily the 10-year and 5-year), the cost of portfolio funding, and their own risk and profitability targets. Because jumbo loans are not eligible for sale to Fannie Mae or Freddie Mac, each lender prices independently based on its balance sheet capacity and competitive strategy. This creates more variation in rates across lenders than you typically see in the conforming market, making it especially worthwhile to compare quotes from multiple banks and credit unions when shopping a 15-year jumbo.

What are today's best 15-year jumbo mortgage rates?

Coast Central Credit Union: 5.58% (JUMBO Real Estate Loan)
Ukrainian National Federal Credit Union: 5.88% (First Mortgage - Residential Conforming (non-Jumbo) - 15 year fixed)
Fairwinds Credit Union: 5.75% (15 Year Jumbo Mortgage)
1st Northern California Credit Union: 5.75% (Mortgage - 15 Year Jumbo)
Iron Workers SB: 6.12% (15 Year Fixed Rate Jumbo)

30-Year Fixed rates reflect actual verified offers from lenders actively lending to borrowers across the country. Your final approved rate will depend on your credit profile, loan-to-value ratio, and daily market movements. Last Updated: October 11, 2026