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
  
$
30 yr fixed refi in 23223, All points, Credit score: 740+     Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
30 yr fixed Mortgage Loan from eRates Mortgage
eRates Mortgage
https://www.brimg.net/system/img/inst/9139_logo.gif
200000
Refinance
4.567
4.500
USD
eRates Mortgage Logo
NMLS # 1071
State Lic # MC-1772
(877) 210-6855
at 0.100 pts
30 day lock rate
Est payment: $1,013.37
Fees in APR: $1,356
Thank you for your inquiry, we will be in touch shortly. 
 
30 yr fixed Mortgage Loan from First Mortgage Direct
First Mortgage Direct
https://www.brimg.net/system/img/inst/10212_logo.gif
200000
Refinance
4.776
4.625
USD
First Mortgage Direct Logo
NMLS # 244476
State Lic # MC-5877
at 1.000 pts
30 day lock rate
Est payment: $1,028.28
Fees in APR: $1,474
 
 
30 yr fixed Mortgage Loan from e-Lend
e-Lend
https://www.brimg.net/system/img/inst/7076_logo.gif
200000
Refinance
4.668
4.500
USD
e-Lend Logo
NMLS # 2826
State Lic # MC-3282
at 1.000 pts
30 day lock rate
Est payment: $1,013.37
Fees in APR: $1,890
 
 
30 yr fixed Mortgage Loan from Lenda, Inc.
Lenda, Inc.
https://www.brimg.net/system/img/inst/8792_logo.gif
200000
Refinance
4.564
4.500
USD
Lenda, Inc. Logo
at 0.100 pts
30 day lock rate
Est payment: $1,013.37
Fees in APR: $1,290
All online. No annoying phone calls. No paper. No hassles. 
 
30 yr fixed Mortgage Loan from Sol Mortgage
Sol Mortgage
https://www.brimg.net/system/img/inst/10262_logo.gif
200000
Refinance
4.481
4.335
USD
Sol Mortgage Logo
at 0.100 pts
30 day lock rate
Est payment: $993.86
Fees in APR: $3,214
Thanks for the inquiry! 
 
30 yr fixed Mortgage Loan from Capital Bank N.A.
Capital Bank N.A.
https://www.brimg.net/system/img/inst/8589_logo.gif
200000
Refinance
4.723
4.625
USD
Capital Bank N.A. Logo
NMLS # 401599
State Lic # 401599
at 0.100 pts
30 day lock rate
Est payment: $1,028.28
Fees in APR: $2,064
 
 
30 yr fixed Mortgage Loan from Sebonic Financial
Sebonic Financial
https://www.brimg.net/system/img/inst/8420_logo.gif
200000
Refinance
4.403
4.240
USD
Sebonic Financial Logo
NMLS # 66247
State Lic # MC-1825
(877) 407-3813
at 0.100 pts
30 day lock rate
Est payment: $982.71
Fees in APR: $3,634
Thank you for your inquiry, we will be in touch shortly. 
 
30 yr fixed Mortgage Loan from Flagstar Bank
Flagstar Bank
https://www.brimg.net/system/img/inst/6546_logo.gif
200000
Refinance
4.858
4.750
USD
Flagstar Bank Logo
NMLS # 417490
at 0.100 pts
30 day lock rate
Est payment: $1,043.29
Fees in APR: $2,271
Thank you for your inquiry! 
 
30 yr fixed Mortgage Loan from Capital Bank N.A.
Capital Bank N.A.
https://www.brimg.net/system/img/inst/8589_logo.gif
200000
Refinance
4.891
4.875
USD
Capital Bank N.A. Logo
NMLS # 401599
State Lic # 401599
at 0.000 pts
30 day lock rate
Est payment: $1,058.42
Fees in APR: $356
 
 
30 yr fixed Mortgage Loan from First Mortgage Direct
First Mortgage Direct
https://www.brimg.net/system/img/inst/10212_logo.gif
200000
Refinance
4.750
4.750
USD
First Mortgage Direct Logo
NMLS # 244476
State Lic # MC-5877
at 0.000 pts
30 day lock rate
Est payment: $1,043.29
Fees in APR: None
 
 
30 yr fixed Mortgage Loan from eRates Mortgage
eRates Mortgage
https://www.brimg.net/system/img/inst/9139_logo.gif
200000
Refinance
4.750
4.750
USD
eRates Mortgage Logo
NMLS # 1071
State Lic # MC-1772
(877) 210-6855
at 0.000 pts
30 day lock rate
Est payment: $1,043.29
Fees in APR: None
Thank you for your inquiry, we will be in touch shortly. 
 
30 yr fixed Mortgage Loan from Flagstar Bank
Flagstar Bank
https://www.brimg.net/system/img/inst/6546_logo.gif
200000
Refinance
5.009
4.990
USD
Flagstar Bank Logo
NMLS # 417490
at 0.000 pts
30 day lock rate
Est payment: $1,072.42
Fees in APR: $427
Thank you for your inquiry! 
 
30 yr fixed Mortgage Loan from e-Lend
e-Lend
https://www.brimg.net/system/img/inst/7076_logo.gif
200000
Refinance
4.750
4.750
USD
e-Lend Logo
NMLS # 2826
State Lic # MC-3282
at 0.000 pts
30 day lock rate
Est payment: $1,043.29
Fees in APR: None
 
 
30 yr fixed Mortgage Loan from Commonwealth Mortgage, LLC
Commonwealth Mortgage, LLC
https://www.brimg.net/system/img/inst/5071_logo.gif
200000
Refinance
4.623
4.623
USD
Commonwealth Mortgage, LLC Logo
NMLS # 1023
State Lic # MC-5814
(877) 330-6018
at 0.000 pts
30 day lock rate
Est payment: $1,028.04
Fees in APR: None
Thanks for the inquiry! 
 
30 yr fixed Mortgage Loan from Lenda, Inc.
Lenda, Inc.
https://www.brimg.net/system/img/inst/8792_logo.gif
200000
Refinance
4.648
4.625
USD
Lenda, Inc. Logo
at 0.000 pts
30 day lock rate
Est payment: $1,028.28
Fees in APR: $536
All online. No annoying phone calls. No paper. No hassles. 
 
30 yr fixed Mortgage Loan from Sol Mortgage
Sol Mortgage
https://www.brimg.net/system/img/inst/10262_logo.gif
200000
Refinance
4.597
4.585
USD
Sol Mortgage Logo
at 0.000 pts
30 day lock rate
Est payment: $1,023.50
Fees in APR: $277
Thanks for the inquiry! 
 
30 yr fixed Mortgage Loan from Republic Bank
Republic Bank
https://www.brimg.net/system/img/inst/2248_logo.gif
200000
Refinance
4.664
4.625
USD
Republic Bank Logo
at 0.000 pts
45 day lock rate
Est payment: $1,028.28
Fees in APR: $895
 
 
30 yr fixed Mortgage Loan from Ally Bank
Ally Bank
https://www.brimg.net/system/img/inst/10271_logo.gif
200000
Refinance
5.038
5.000
USD
Ally Bank Logo
NMLS # 181005
at 0.000 pts
60 day lock rate
Est payment: $1,073.64
Fees in APR: $865
 
 
30 yr fixed Mortgage Loan from LoanLock
LoanLock
https://www.brimg.net/system/img/inst/9948_logo.gif
200000
Refinance
4.875
4.875
USD
LoanLock Logo
at 0.000 pts
30 day lock rate
Est payment: $1,058.42
Fees in APR: None
 
 
30 yr fixed Mortgage Loan from Sebonic Financial
Sebonic Financial
https://www.brimg.net/system/img/inst/8420_logo.gif
200000
Refinance
4.545
4.490
USD
Sebonic Financial Logo
NMLS # 66247
State Lic # MC-1825
(877) 407-3813
at 0.000 pts
30 day lock rate
Est payment: $1,012.18
Fees in APR: $1,288
Thank you for your inquiry, we will be in touch shortly. 
 
30 yr fixed Mortgage Loan from Citibank, N. A.
Citibank, N. A.
https://www.brimg.net/system/img/inst/8189_logo.gif
200000
Refinance
4.822
4.750
USD
Citibank, N. A. Logo
NMLS # 412915
(877) 693-8156
at 0.000 pts
60 day lock rate
Est payment: $1,043.29
Fees in APR: $1,650
 
 
30 yr fixed Mortgage Loan from Flagstar Bank
Flagstar Bank
https://www.brimg.net/system/img/inst/6546_logo.gif
200000
Refinance
4.695
4.500
USD
Flagstar Bank Logo
NMLS # 417490
at 1.100 pts
30 day lock rate
Est payment: $1,013.37
Fees in APR: $2,291
Thank you for your inquiry! 
 
30 yr fixed Mortgage Loan from Lenda, Inc.
Lenda, Inc.
https://www.brimg.net/system/img/inst/8792_logo.gif
200000
Refinance
4.432
4.250
USD
Lenda, Inc. Logo
at 1.100 pts
30 day lock rate
Est payment: $983.88
Fees in APR: $2,074
All online. No annoying phone calls. No paper. No hassles. 
 
30 yr fixed Mortgage Loan from eRates Mortgage
eRates Mortgage
https://www.brimg.net/system/img/inst/9139_logo.gif
200000
Refinance
4.509
4.375
USD
eRates Mortgage Logo
NMLS # 1071
State Lic # MC-1772
(877) 210-6855
at 1.100 pts
30 day lock rate
Est payment: $998.57
Fees in APR: $918
Thank you for your inquiry, we will be in touch shortly. 
 
30 yr fixed Mortgage Loan from Sol Mortgage
Sol Mortgage
https://www.brimg.net/system/img/inst/10262_logo.gif
200000
Refinance
9.601
9.125
USD
Sol Mortgage Logo
at 1.100 pts
30 day lock rate
Est payment: $1,627.27
Fees in APR: $5,952
Thanks for the inquiry! 
 
30 yr fixed Mortgage Loan from Sebonic Financial
Sebonic Financial
https://www.brimg.net/system/img/inst/8420_logo.gif
200000
Refinance
4.333
4.115
USD
Sebonic Financial Logo
NMLS # 66247
State Lic # MC-1825
(877) 407-3813
at 1.100 pts
30 day lock rate
Est payment: $968.14
Fees in APR: $2,924
Thank you for your inquiry, we will be in touch shortly. 
 
30 yr fixed mtg refi Mortgage Loan from Raymond James Bank, NA
Raymond James Bank, NA
200000
Refinance
4.932
4.875
USD
Raymond James Bank, NA
4.932%
5/15/2018
4.875%
at 0.000 pts
45 day lock rate
Est payment: $1,058.42
Fees in APR: $1,299
 
 
30 yr fixed mtg refi Mortgage Loan from Apple Federal Credit Union
Apple Federal Credit Union
200000
Refinance
4.809
4.750
USD
Apple Federal Credit Union
4.809%
5/16/2018
4.750%
at 0.500 pts
60 day lock rate
Est payment: $1,043.29
Fees in APR: $352
 
 
30 yr fixed mtg refi Mortgage Loan from Virginia Credit Union
Virginia Credit Union
200000
Refinance
4.822
4.750
USD
Virginia Credit Union
4.822%
5/22/2018
4.750%
at 0.000 pts
45 day lock rate
Est payment: $1,043.29
Fees in APR: $1,650
 
 
30 yr fixed mtg refi Mortgage Loan from Langley FCU
Langley FCU
200000
Refinance
4.968
4.750
USD
Langley FCU
4.968%
5/18/2018
4.750%
at 0.000 pts
30 day lock rate
Est payment: $1,043.29
Fees in APR: $4,950
 
 
30 yr fixed mtg refi Mortgage Loan from TD Bank, NA
TD Bank, NA
200000
Refinance
4.722
4.625
USD
TD Bank, NA
4.722%
5/18/2018
4.625%
at 0.625 pts
45 day lock rate
Est payment: $1,028.28
Fees in APR: $982
 
 
30 yr fixed mtg refi Mortgage Loan from Bank of America
Bank of America
200000
Refinance
4.728
4.625
USD
Bank of America
4.728%
5/16/2018
4.625%
at 0.541 pts
60 day lock rate
Est payment: $1,028.28
Fees in APR: $1,289
 
 
30 yr fixed mtg refi Mortgage Loan from The Fidelity Bank
The Fidelity Bank
200000
Refinance
5.038
5.000
USD
The Fidelity Bank
5.038%
5/18/2018
5.000%
at 0.000 pts
30 day lock rate
Est payment: $1,073.64
Fees in APR: $863
 
 
30 yr fixed mtg refi Mortgage Loan from Santander Bank, N.A.
Santander Bank, N.A.
200000
Refinance
4.963
4.875
USD
Santander Bank, N.A.
4.963%
5/22/2018
4.875%
at 0.000 pts
60 day lock rate
Est payment: $1,058.42
Fees in APR: $2,004
 
 
30 yr fixed mtg refi Mortgage Loan from State Department Federal Credit Union
State Department Federal Credit Union
200000
Refinance
4.586
4.500
USD
State Department Federal Credit Union
4.586%
5/21/2018
4.500%
at 0.000 pts
60 day lock rate
Est payment: $1,013.37
Fees in APR: $2,000
 
 
30 yr fixed mtg refi Mortgage Loan from Northwest Federal Credit Union
Northwest Federal Credit Union
200000
Refinance
4.922
4.875
USD
Northwest Federal Credit Union
4.922%
5/16/2018
4.875%
at 0.500 pts
45 day lock rate
Est payment: $1,058.42
Fees in APR: $79
 
 
30 yr fixed mtg refi Mortgage Loan from LincolnWay Community Bank
LincolnWay Community Bank
200000
Refinance
4.797
4.750
USD
LincolnWay Community Bank
4.797%
5/22/2018
4.750%
at 0.000 pts
30 day lock rate
Est payment: $1,043.29
Fees in APR: $1,085
 
 
30 yr fixed mtg refi Mortgage Loan from Bank of Oak Ridge
Bank of Oak Ridge
200000
Refinance
4.809
4.750
USD
Bank of Oak Ridge
4.809%
5/17/2018
4.750%
at 0.250 pts
60 day lock rate
Est payment: $1,043.29
Fees in APR: $853
 
 
30 yr fixed mtg refi Mortgage Loan from Fulton Bank, NA
Fulton Bank, NA
200000
Refinance
4.941
4.875
USD
Fulton Bank, NA
4.941%
5/22/2018
4.875%
at 0.250 pts
60 day lock rate
Est payment: $1,058.42
Fees in APR: $1,007
 
 

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.



Higher mortgage rates in 2018, combined with a low number of homes available for sale across the U.S., are hurting buyers. Mortgage rates are higher this year because economic growth has been robust, the unemployment rate has declined, and the Federal Reserve has increased interest rates.

Last year, 30 year mortgage rates were under 4.00 percent for most of the year and finished the year just under 4.00 percent. So far this year, average 30 year mortgage rates increased about 50 basis points. The current average 30 year mortgage rate is at 4.42 percent.

Higher Mortgage Rates Hurt BuyersAlthough mortgage rates are higher this year, rates are not much higher than the all-time lows. Back in 2012, average 30 year rates hit a low of 3.37 percent, about 1.00 percent lower than the current level. Looking back over the past 40 years, these rates are still incredibly low.

About a dozen years ago, just before the Financial Crisis, 30 year rates were around 7.00 percent. Going back to the early 1980s, average 30 year rates were in the double digits hitting an all-time high of 18.45 percent during October 1981. Source: Freddie Mac.

Higher Mortgage Rates Affect Buyers

An increase in mortgage rates does have an affect on how much homebuyers can afford. As mortgage rates move higher, monthly mortgage payments also move higher. For example, on a 30 year mortgage, a 1.00 percent increase in mortgage rates will increase monthly mortgage payments by $55.82 for each $100,000 borrowed.

The monthly payment on a $500,000 mortgage loan with a 30 year rate of 3.50 percent is $2,245.22. The same $500,000 borrowed for 30 years at 4.50 percent will mean a monthly payment of $2,533.43. As you can see on a $500,000 loan, a 1 percent increase in the rate will cost $300 more per month.

You can use our mortgage calculator to calculate mortgage payments: Mortgage Calculator

Mortgage rates will continue to move higher this year because the Fed is increasing the fed funds rate. These increases will send U.S. Treasury yields higher, which in turn will send mortgage rates higher. We expect 30 year mortgage rates to increase to around 5.00 percent by the end of the year.

If you’re in the market to buy a home you should lock in a mortgage rate if you haven’t already. Many lenders also allow you to extended a lock in period as well. You will pay a fee for an extension but you will probably still save money with a lower mortgage rate.

 
Author: Brian McKay
May 14th, 2018

Average 30 year mortgage rates posted a small decline this past week after moving higher for all of 2018. Week over week, average 30 year mortgage rates declined to 4.55 percent, down 3 basis points from the prior week’s average 30 year rate of 4.58 percent. Overall, 30 year mortgage rates are about 50 basis points higher since the start of 2018.

15 year mortgage rates today are currently averaging 4.02 percent, down from the previous week’s average 15 year mortgage rate of 4.04 percent. The average rate on 15 year mortgage loans is also about .50 percent higher this year.

Current mortgage rates on 5 year adjustable mortgage loans are at 3.73 percent. Average 5 year adjustable rates are up from last week’s average of 3.69 percent. 5 year adjustable rates are up about 60 basis points so far this year, higher than longer term rates.

Short term mortgage rates such as 5 year adjustable rates are tied to short term interest rates. Short term interest rates are being forced higher because the Federal Reserve is increasing the fed funds rate. As result, shorter term mortgage rates are rising faster than longer term mortgage rates.

Average Jumbo Mortgage RatesAverage 30 Year Mortgage Rates

30 year jumbo mortgage rates are averaging 4.65 percent, down from the previous week’s average 30 year jumbo rate of 4.68 percent.

Mortgage rates today on 15 year jumbo loans are averaging 4.54 percent, a decline from the prior week’s average 15 year jumbo rate of 4.57 percent.

5 year adjustable jumbo mortgage rates are averaging 4.29 percent. Last week, average 5 year adjustable jumbo rates were slightly higher at 4.31 percent.

The Federal Reserve is expected to increase their key benchmark interest rate, the fed funds rate, at least twice more this year. As a result, the forecast for mortgage rates is higher for the rest of 2018.

There is a good chance the Fed will increase the rate more because inflation is on the rise. The current inflation rate is at 2.00 percent, right at the Fed’s target rate of 2.00 percent. If inflation picks up steam and increases beyond 2 percent, we expect rates to move even higher.

 
Author: Brian McKay
May 9th, 2018

Average mortgage rates moved slightly higher, following U.S. Treasury Yields higher. Average 30 year mortgage rates today increased to 4.34 percent, up from last week’s average 30 year rate of 4.29 percent. The six basis point increase continues the uptrend for mortgage rates this past month.

Average Mortgage RatesAlthough mortgage rates are moving higher, the increases in rates hasn’t warranted all the hubbub about rates increasing. In fact, mortgage rates are not much higher than they were a year ago.

On March 6th, 2017, the average 30 year mortgage rate was 4.21 percent, only 13 basis points below the current level. Going back to August 2016, average 30 year rates were at 3.44 percent, only 90 basis points below the current level.

The all-time low for 30 year average mortgage rates was at 3.35 percent in December 2012. Today’s average mortgage rate is only 99 basis points above the all-time low set over five years ago.

For years now, we have heard mortgage rates are moving higher and will continue to move higher. While that is technically true, the increases have been a lot lower than even the experts anticipated.

Forecasts for Average Mortgage Rates Have Been Wrong

A year ago, The Mortgage Bankers Association forecast 30 year rates to be at 4.80 percent by the 1st quarter of 2018, 46 basis points higher than the current rate. In the same forecast, the MBA had 30 year rates to be at 5.20 percent by the end of 2018.

In the most recent MBA forecast released last month, the 1st quarter 2018 forecast for average 30 year rates is at 4.4 percent. By the 4th quarter, the MBA forecasts average 30 year rates to be at 4.90 percent. When you compare the reports you can see the MBA has been lowering their forecasts.

The MBA has been lowering their forecasts for several years now. Looking back at a report from March 2014, 30 year rates were forecast to hit 5.00 percent by the end of 2014. As you know, we still haven’t seen 5.00 percent rates on 30 year loans. You can see a list of mortgage rate forecasts going back to 2014 on the MBA’s website: Mortgage Finance Forecasts.

To be fair to the MBA, the Federal Reserve’s own economic forecasts have been wrong. The Fed’s own economic forecasts have been too high and have subsequently been lowered. You can see a list of the Fed’s forecasts by looking back at the FOMC Meeting Calendar.

 
Author: Brian McKay
March 7th, 2018

Current mortgage rates are higher this week because of a stronger than expected CPI report. 30 year mortgage rates hit a new high for 2018 at 4.38 percent, matching a high set in March 2017. The Consumer Price Index Report, released last week, came in stronger than expected at 2.1 percent year-over-year in January.

Forecasts were for a year-over-year increase of 1.9 percent. Inflation running at 2.1 percent is slightly higher than the Federal Reserve’s target of 2.00 percent. An inflation rate higher than the Fed’s target rate reinforces expectations that the Fed will continue tightening monetary policy.

Tightening monetary policy is the Fed increasing the fed funds rate, which increases Treasury yields and mortgage rates. The Fed is expected to increase rates in March and at least once more in 2018. If inflation continues to run higher than the Fed’s target, it will mean even more rate hikes.

Current Mortgage Rates

Current Mortgage Rates are Higher This WeekCurrent mortgage rates on 30 year loans are at 4.39 percent and could likely increase to 4.50 percent by the end of March. By the end of 2018, 30 year rates could possibly head towards 5.00 percent if the Fed raises rates much more. Last September, 30 year rates were around 3.75 percent.

Today’s mortgage rates on 15 year loans are averaging 3.75 percent, an increase from the prior week’s average 15 year mortgage rate of 3.68 percent. By the end of next month, 15 year mortgage rates could hit 4.00 percent. Looking towards the end of 2018, 15 year rates could move towards 4.25 percent or even higher.

Mortgage rates today on 30 year jumbo loans are averaging 4.63 percent, an increase from last week’s average 30 year jumbo rate of 4.55 percent. 30 year jumbo rates will likely move towards 4.85 percent by the end of next month. 30 year rates could move above 5.00 percent by the end of 2018.

Average 15 year jumbo mortgage rates are at 4.55 percent, up from the previous week’s average of 4.48 percent. At the end of March, we could see 15 year jumbo rates around 4.75 percent and around 5.00 percent by the end of 2018.

Make no mistake, mortgage rates have been heading higher and will continue to do so in 2018. If you’re thinking refinancing a loan, do it before refinance rates move higher. If you’re buying a home, lock in a lower rate now before rates move higher.

 
Author: Brian McKay
February 21st, 2018

Ally Bank which is probably best known for their competitive CD rates has also become a mortgage lender. Ally Bank mortgage rates are competitive right now and Ally also offers a price match guarantee. Current Ally Bank mortgages are available for both home purchases and refinances and the rates are competitive for both type of products. Current mortgage rates on Ally Bank’s 30 year mortgage for a home purchase or a refinance are at 3.875 percent.

Ally Bank Mortgage RatesAlly Bank’s website has a wealth of information on the process of applying for a home loan, such as the benefits of refinancing, calculators, and other information. The price match guarantee has some minor details. If you find a better mortgage rate, you have to send Ally the other lender’s loan estimate. Ally will match the other lender’s mortgage rate and points as long as it’s for the same loan term. You also have to make sure the loan estimate is dated within the past 5 business days.

Current Ally Bank Mortgage Rates

  • 30 Year Fixed – 3.75% – 1.01 Points
  • 25 Year Fixed – 3.75% – 1.14 Points
  • 20 Year Fixed – 3.50% – 1.05 Points
  • 15 Year Fixed – 3.125% – 1.00 Point
  • 10 Year Fixed – 3.125% – 1.14 Points
  • 10/1 Adjustable – 3.50% 0.87 Points
  • 7/1 Adjustable – 3.25% 0.73 Points
  • 5/1 Adjustable – 3.125% 0.80 Points

There are many different rate/point combinations, too many to list here but you can go to Ally’s website and see all of their rates. When you check rates on their website, you can also see how Ally’s rates compare with some of the biggest bank’s mortgage rates. You will see Ally’s rates compared with Bank of America, Wells Fargo and Chase Bank.

When you apply for a mortgage, a good first step is to prequalify for a home loan. You can do this online at Ally’s website or by calling an Ally Home Loan Advisor at 1-855-256-2559.

 
Author: Brian McKay
October 5th, 2017