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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 08601, All points, Credit score: 740+     Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
McGlone Mortgage Group Logo
NMLS # 3232
(877) 899-2767
at 0.000 pts
40 day lock rate
Est payment: $1,369.17
Fees in APR: $645
 
 
Next button
Sebonic Financial Logo
NMLS # 66247
State Lic # 8701663
(877) 661-8303
at 0.000 pts
30 day lock rate
Est payment: $1,369.17
Fees in APR: $1,305
 
 
Next button
Capital Funding Mortgage Logo
NMLS # 960748
(877) 456-0018
at 0.000 pts
48 day lock rate
Est payment: $1,357.24
Fees in APR: None
 
 
Next button
AimLoan.com Logo
NMLS # 2890
State Lic # 2890
(877) 899-4115
at 0.000 pts
30 day lock rate
Est payment: $1,357.24
Fees in APR: $1,995
 
 
Next button
Garden State Home Loans Logo
NMLS # 473163
(877) 602-5604
at 0.000 pts
45 day lock rate
Est payment: $1,369.17
Fees in APR: None
 
Next button
American Interbanc Mortgage, LLC Logo
NMLS # 2043
State Lic # 0753613
at 0.000 pts
30 day lock rate
Est payment: $1,357.24
Fees in APR: $57
 
 
Next button
AimLoan.com Logo
NMLS # 2890
State Lic # 2890
(877) 899-4115
at 0.100 pts
30 day lock rate
Est payment: $1,345.38
Fees in APR: $2,821
 
 
Next button
American Interbanc Mortgage, LLC Logo
NMLS # 2043
State Lic # 0753613
at 0.100 pts
30 day lock rate
Est payment: $1,345.38
Fees in APR: $2,155
 
 
Next button
Sebonic Financial Logo
NMLS # 66247
State Lic # 8701663
(877) 661-8303
at 1.000 pts
30 day lock rate
Est payment: $1,357.24
Fees in APR: $2,345
 
 
Next button
Garden State Home Loans Logo
NMLS # 473163
(877) 602-5604
at 0.375 pts
45 day lock rate
Est payment: $1,357.24
Fees in APR: None
 
Next button
Sebonic Financial Logo
NMLS # 66247
State Lic # 8701663
(877) 661-8303
at 2.000 pts
30 day lock rate
Est payment: $1,345.38
Fees in APR: $3,275
 
 
Next button
AimLoan.com Logo
NMLS # 2890
State Lic # 2890
(877) 899-4115
at 1.100 pts
30 day lock rate
Est payment: $1,321.84
Fees in APR: $3,193
 
 
Next button
American Interbanc Mortgage, LLC Logo
NMLS # 2043
State Lic # 0753613
at 1.100 pts
30 day lock rate
Est payment: $1,333.58
Fees in APR: $1,303
 
 
Next button
Garden State Home Loans Logo
NMLS # 473163
(877) 602-5604
at 1.125 pts
45 day lock rate
Est payment: $1,345.38
Fees in APR: None
 
Next button
Millington Savings Bank
3.273%
2/4/2016
3.250%
at 0.000 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: $316
 
 
Metuchen Savings Bank
3.457%
2/2/2016
3.375%
at 0.500 pts
60 day lock rate
Est payment: $1,417.52
Fees in APR: $120
 
 
Manasquan Savings Bank
3.419%
2/2/2016
3.375%
at 0.000 pts
45 day lock rate
Est payment: $1,417.52
Fees in APR: $606
 
 
Audubon Savings Bank
3.417%
2/4/2016
3.375%
at 0.000 pts
45 day lock rate
Est payment: $1,417.52
Fees in APR: $580
 
 
Somerset Savings Bank, SLA
3.031%
2/2/2016
3.000%
at 0.000 pts
60 day lock rate
Est payment: $1,381.16
Fees in APR: $432
 
 
Amalgamated Bank
3.109%
2/4/2016
3.000%
at 0.000 pts
60 day lock rate
Est payment: $1,381.16
Fees in APR: $1,504
 
 
LincolnWay Community Bank
3.203%
2/2/2016
3.125%
at 0.000 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: $1,085
 
 
IAB Financial Bank
3.435%
2/3/2016
3.375%
at 0.000 pts
30 day lock rate
Est payment: $1,417.52
Fees in APR: $828
 
 
Kearny Bank
3.014%
2/2/2016
3.000%
at 0.000 pts
45 day lock rate
Est payment: $1,381.16
Fees in APR: $200
 
 
Magyar Bank
3.125%
2/2/2016
3.125%
at 0.000 pts
60 day lock rate
Est payment: $1,393.22
Fees in APR: None
 
 
OceanFirst Bank
3.281%
2/2/2016
3.250%
at 0.000 pts
60 day lock rate
Est payment: $1,405.34
Fees in APR: $432
 
 
Credit Union of New Jersey
3.011%
2/5/2016
3.000%
at 0.000 pts
30 day lock rate
Est payment: $1,381.16
Fees in APR: $147
 
 
Shore Community Bank
3.574%
2/4/2016
3.500%
at 0.000 pts
30 day lock rate
Est payment: $1,429.77
Fees in APR: $1,018
 
 
Valley National Bank
3.042%
2/5/2016
3.000%
at 0.000 pts
60 day lock rate
Est payment: $1,381.16
Fees in APR: $577
 
 
Raymond James Bank, NA
3.348%
2/2/2016
3.250%
at 0.000 pts
45 day lock rate
Est payment: $1,405.34
Fees in APR: $1,354
 
 
Fulton Bank of New Jersey
2.933%
2/8/2016
2.875%
at 0.000 pts
30 day lock rate
Est payment: $1,369.17
Fees in APR: $807
 
 
Santander Bank, N.A.
3.132%
2/8/2016
2.990%
at 0.000 pts
60 day lock rate
Est payment: $1,380.20
Fees in APR: $1,967
 
 
HSBC Bank USA, N.A.
3.627%
2/3/2016
3.575%
at 0.000 pts
60 day lock rate
Est payment: $1,437.14
Fees in APR: $705
 
 
Bank of America
3.100%
2/8/2016
3.000%
at 0.267 pts
45 day lock rate
Est payment: $1,381.16
Fees in APR: $850
 
 
TD Bank, NA
3.197%
2/5/2016
3.125%
at 0.000 pts
45 day lock rate
Est payment: $1,393.22
Fees in APR: $997
 
 
Citizens Bank
3.301%
2/5/2016
3.250%
at 0.000 pts
60 day lock rate
Est payment: $1,405.34
Fees in APR: $703
 
 
United Teletech Financial
3.057%
2/4/2016
3.000%
at 0.000 pts
30 day lock rate
Est payment: $1,381.16
Fees in APR: $795
 
 
Affinity FCU
3.312%
2/5/2016
3.250%
at 0.000 pts
45 day lock rate
Est payment: $1,405.34
Fees in APR: $860
 
 
Proponent Federal Credit Union
3.067%
2/5/2016
3.000%
at 0.000 pts
60 day lock rate
Est payment: $1,381.16
Fees in APR: $924
 
 
Regent Bank
2.944%
2/4/2016
2.875%
at 0.000 pts
30 day lock rate
Est payment: $1,369.17
Fees in APR: $955
 
 
Financial Resources Federal Credit Union
3.037%
2/5/2016
3.000%
at 0.000 pts
60 day lock rate
Est payment: $1,381.16
Fees in APR: $510
 
 

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.



Mortgage rates, which are low historically speaking, are expected to decline even more in the coming weeks. Mortgage rates will decline in the near future due to of lower long term bond yields. 10 year bond yields fell back below 2.00 percent this week and are down to 1.81 percent today. At the beginning of 2016, 10 year yields were around 2.25 percent.

During the same time, average 30 year mortgage rates have fallen from a peak of 3.81 percent to 3.71 percent today. The larger decline in 10 year bond yields will force average 30 year mortgage rates down to around 3.50 percent. You can already find lenders quoting 30 year rates around 3.50 percent with points.

Expect Lower Mortgage Rates in Coming WeeksThe lowest 30 year rate in MonitorBankRates’ database is at 3.375 percent with 1 point in the state of California. You can compare lender’s rates in the state you live in by searching our mortgage rate database at MonitorBankRates.com.

15 year mortgage rates today are averaging 2.84 percent, a decline from last week’s average 15 year rate of 2.87 percent. The lowest quoted 15 year rate in our database of rates for California is at 2.50 percent with 1.10 points. The lowest 15 year rate without points in California is quoted at 2.75 percent.

5 year adjustable mortgage rates are averaging 3.09 percent, up from last week’s average 5 year adjustable rate of 2.98 percent. The lowest 5 year adjustable refinance rate in our database is at 2.25 percent with 2 points and at 2.375 percent with no points.

30 year jumbo mortgage rates are averaging 4.13 percent, down from last week’s average 30 year jumbo rate of 4.19 percent. 30 year jumbo refinance rates in our database are much lower than the average. The lowest rate with points ist at 3.125 percent and the lowest without points is at 3.265 percent.

Average Mortgage Rates February 3 2016Today’s mortgage rates on 15 year jumbo loans are averaging 3.74 percent, a decline from the prior week’s average of 3.79 percent. The lowest 15 year jumbo refinance rates in the database are at 2.75 percent with no points.

5 year jumbo adjustable mortgage rates are averaging 3.40 percent, down considerably from last week’s average of 3.78 percent. The lowest 5 year jumbo refi rates in the database are at 2.125 percent with points and at 2.625 percent with no points.

 
Author: Brian McKay
February 4th, 2016

Mortgage rates are lower again this week, continuing the downtrend into 2016. Thankfully, mortgage rates are not climbing as a result of the Fed raising the fed funds rate. Average 30 year conforming rates fell to a new low for 2016, averaging 3.73 percent. 30 year rates are down from last week’s average of 3.80 percent.

During the past week, we have seen lenders listed in the database offer 30 year conforming refinance rates as low as 3.375 percent with points. The lowest 30 year rates without points offered was also below the average at 3.625 percent. Lenders are currently offering those lowest rates today.

Mortgage Rate Report 1-18-2016Mortgage rates today on 15 year conforming loans declined sharply this past week. Average 15 year rates are at 2.88 percent, down from the prior week’s average 15 year rate of 3.00 percent. The lowest 15 year refinance rates with points currently available are at 2.50 percent and at 2.75 percent without points.

5 year conventional adjustable mortgage rates are down to 3.00 percent this week, a decline from last week’s average of 3.12 percent. The best 5 year adjustable refinance rates in our database this week were at 2.25 percent with points and at 2.625 percent without points.

Weekly Mortgage Rates Report Jan 18 201630 year jumbo mortgage rates are currently averaging 4.15 percent, down a whopping 27 basis points from last week’s average rate. The lowest 30 year jumbo refinance rates in the database are at 3.125 percent with points and at 3.50 percent without points.

Current 15 year jumbo rates are at 4.23 percent, a decline from last week’s average rate of 4.37 percent. The lowest 15 year jumbo refinance rates in the database are currently at 2.75 percent with points and at 2.875 percent without points.

Average 5 year jumbo adjustable rates are at 3.80 percent, a decline from the prior week’s average rate of 3.94 percent. The lowest 5 year jumbo rates available in the database are much lower at 2.125 percent with points and at 2.65 percent without points.

You can see a list of lenders mortgage rates in the state you live in by searching our database of rates at MonitorBankRates.com.

 
Author: Brian McKay
January 19th, 2016

Fixed mortgage rates on both conforming and jumbo mortgages declined during the first week of 2016. Average 30 year conforming rates are at 3.81 percent, down from last week’s average rate of 3.900 percent. Average 30 year jumbo mortgage rates are currently at 4.39 percent, a decline from the prior week’s average of 4.44 percent.

The declines may be short lived since a very strong jobs report released Friday morning is likely to send mortgage rates higher next week. Economists were looking for 200,000 jobs being created in December and the number came in at 292,000.

Fixed Mortgage Rates Decline The First Week of 2016The stronger jobs number will make it more likely the Federal Reserve will increase the fed funds rate when they meet this month. Last month the Fed increased the fed funds rate for the first time in almost a decade. The last time there were back-to-back monthly increases in the rate were May and June of 2006.

While there isn’t a direct connection between a higher fed funds rate and higher mortgage rates, both typically move in the same direction. The direction of mortgage rates in the coming years will be higher but rates are currently low by historic standards.

In fact, current average 30 year conforming rates at 3.81 percent are a really good deal. Looking back at Freddie Mac’s Primary Mortgage Market Survey in January 1982, average 30 year rates were at 17.48 percent. The all-time low for 30 year rates in the PMMS survey was at 3.35 percent in December 2012.

You can check for current rates in your state by searching our rate database at MonitorBankRates.com.

 
Author: Brian McKay
January 9th, 2016

Average 30 year jumbo mortgage rates had the largest weekly increase so far in 2015. 30 year jumbo rates averaged  4.67 percent, up 27 basis points from last week’s average rate of 4.40 percent. Despite the large increase this week, there are still many lenders quoting 30 year jumbo rates below 4.00 percent.

On our rate table for the state of California, there are eight lenders quoting 30 year jumbo refinance rates below 4.00 percent. The lowest rate with points is at 3.50 percent from Carlyle Financial and erates mortgage. The lowest rate without points is at 3.75 percent from Star One Credit Union.

15 year jumbo mortgage rates today are currently averaging 4.21 percent, up from last week’s average 15 year jumbo rate of 4.13 percent. We also have many lenders quoting 15 year jumbo refinance rates well below the average 15 year rate. The lowest 15 year rate on our rate table today is at 3.125 percent with no points from Star One Credit Union.

As with any credit union, you’ll have to join Star One to apply for a mortgage. If you’re not interested in joining, you can still get an incredibly low rate on our rate table. Amalgamated Bank is quoting 15 year jumbo rates at 3.125 percent with no points.

If you want to get an even lower rate, we have lenders quoting adjustable rates for 7 year, 5 year, and 3 year jumbo ARMs. The lowest 7 year jumbo adjustable rate available in our database is at 2.875 percent with 1.10 points. The lowest 5 year jumbo adjustable rate is at 2.625 percent with 1.10 points. The lowest 3 year jumbo adjustable rate is at 1.99 percent with zero points.

Feel free to search for the lowest mortgage rates in your state by searching our mortgage rate database at MonitorBankRates.com.

 
Author: Brian McKay
January 1st, 2016

Mortgage rates today are still low, historically speaking, despite the recent run up. Average mortgage rates increased the past month in anticipation of a fed funds rate increase. The Federal Reserve has increased the fed funds rate for the first time in 9 years.

While mortgage rates are not directly tied to the fed funds rate, long term bond yields are. Increases in the fed funds rate will eventually drive long term interest rate higher, thus forcing lenders to increase mortgage rates. Right now average 30 year conforming rates are at 3.81 percent.

Weekly Mortgage Rates Report at MonitorBankRates.comThe lowest 30 year rates in our rate database for California are even lower at 3.50 percent with 2 mortgage points. You can get a lower rate if you’re willing to pay points on a mortgage loan. Getting a lower rate by utilizing points isn’t cheap.

Paying 1 mortgage point up front at closing is equal to 1 percent of the loan amount. So if the loan amount is $400,000 you will have to pay an additional $4,000 in closing costs. It’s best to use a mortgage calculator to figure out if paying points to get a lower rate makes financial sense. You can use a calculator, compare rates, and see how long it will take you to recoup the points you pay.

Current mortgage rates on 15 year conforming loans are averaging 3.00 percent. The lowest 15 year refinance rate in our database for California is much lower at 2.625 percent with 2 points. The lowest rate without points is still below the average at 2.99 percent.

Average Mortgage Rates TodayAverage 30 year jumbo mortgage rates are currently at 4.30 percent and average 15 year jumbo rates are at 4.10 percent. The best 30 year jumbo refinance rates in our database for CA are at 3.375 percent with 2 points and 15 year refi rates are at 2.875 percent with 1.10 points.

This week’s National Average Mortgage Rates are listed in the chart to the right:

 
Author: Brian McKay
December 16th, 2015