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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
  
$
30 yr fixed refi in 08601, All points, Credit score: 740+     Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
eRates Mortgage Logo
NMLS # 1071
State Lic # 9601232
(877) 210-6855
at 0.000 pts
30 day lock rate
Est payment: $940.47
Fees in APR: None
Thank you for your inquiry, we will be in touch shortly. 
 
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eRates Mortgage Logo
NMLS # 1071
State Lic # 9601232
(877) 210-6855
at 0.100 pts
30 day lock rate
Est payment: $926.23
Fees in APR: $700
Thank you for your inquiry, we will be in touch shortly. 
 
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eRates Mortgage Logo
NMLS # 1071
State Lic # 9601232
(877) 210-6855
at 1.100 pts
30 day lock rate
Est payment: $898.09
Fees in APR: $1,575
Thank you for your inquiry, we will be in touch shortly. 
 
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at 0.000 pts
30 day lock rate
Est payment: $939.33
Fees in APR: $94
Thank you for your inquiry, we will be in touch shortly. 
 
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AimLoan.com Logo
NMLS # 2890
State Lic # 2890
(877) 899-4115
at 0.000 pts
30 day lock rate
Est payment: $926.23
Fees in APR: $597
 
 
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at 0.100 pts
30 day lock rate
Est payment: $910.98
Fees in APR: $2,434
Thank you for your inquiry, we will be in touch shortly. 
 
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AimLoan.com Logo
NMLS # 2890
State Lic # 2890
(877) 899-4115
at 0.100 pts
30 day lock rate
Est payment: $912.10
Fees in APR: $1,282
 
 
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AimLoan.com Logo
NMLS # 2890
State Lic # 2890
(877) 899-4115
at 1.100 pts
30 day lock rate
Est payment: $884.19
Fees in APR: $2,200
 
 
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at 1.100 pts
30 day lock rate
Est payment: $896.97
Fees in APR: $2,070
Thank you for your inquiry, we will be in touch shortly. 
 
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e-Lend Logo
NMLS # 2826
State Lic # 9823386
(877) 410-5082
at 1.000 pts
30 day lock rate
Est payment: $912.10
Fees in APR: $1,642
 
 
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First Mortgage Direct Logo
NMLS # 244476
State Lic # 244476
(877) 643-6301
at 1.000 pts
30 day lock rate
Est payment: $926.23
Fees in APR: $1,455
 
 
Next button
e-Lend Logo
NMLS # 2826
State Lic # 9823386
(877) 410-5082
at 0.000 pts
30 day lock rate
Est payment: $926.23
Fees in APR: None
 
 
Next button
First Mortgage Direct Logo
NMLS # 244476
State Lic # 244476
(877) 643-6301
at 0.000 pts
30 day lock rate
Est payment: $940.47
Fees in APR: None
 
 
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E-Click Lending Logo
NMLS # 1256692
(877) 275-4211
at 0.000 pts
30 day lock rate
Est payment: $954.83
Fees in APR: None
 
 
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at 0.000 pts
30 day lock rate
Est payment: $1,183.08
Fees in APR: None
 
 
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Columbia Bank Logo
NMLS # 504284
(877) 364-1324
at 0.000 pts
60 day lock rate
Est payment: $969.30
Fees in APR: None
 
 
Next button
at 0.125 pts
31 day lock rate
Est payment: $926.23
Fees in APR: None
 
Next button
at 0.000 pts
31 day lock rate
Est payment: $926.23
Fees in APR: None
 
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at 1.250 pts
31 day lock rate
Est payment: $912.10
Fees in APR: None
 
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Raymond James Bank, NA
4.305%
7/18/2017
4.250%
at 0.000 pts
45 day lock rate
Est payment: $983.88
Fees in APR: $1,299
 
 
Bank of America
4.102%
7/17/2017
4.000%
at 0.791 pts
45 day lock rate
Est payment: $954.83
Fees in APR: $850
 
 
Financial Resources Federal Credit Union
4.021%
7/14/2017
4.000%
at 0.000 pts
60 day lock rate
Est payment: $954.83
Fees in APR: $510
 
 
Valley National Bank
4.066%
7/14/2017
4.000%
at 0.500 pts
60 day lock rate
Est payment: $954.83
Fees in APR: $577
 
 
Schuyler Savings Bank
3.857%
7/18/2017
3.850%
at 0.000 pts
60 day lock rate
Est payment: $937.62
Fees in APR: $170
 
 
Fulton Bank of New Jersey
4.180%
7/17/2017
4.125%
at 0.250 pts
60 day lock rate
Est payment: $969.30
Fees in APR: $807
 
 
Audubon Savings Bank
4.274%
7/20/2017
4.250%
at 0.000 pts
60 day lock rate
Est payment: $983.88
Fees in APR: $580
 
 
Credit Union of New Jersey
4.256%
7/14/2017
4.250%
at 0.000 pts
30 day lock rate
Est payment: $983.88
Fees in APR: $147
 
 
Shore Community Bank
4.255%
7/20/2017
4.250%
at 0.000 pts
30 day lock rate
Est payment: $983.88
Fees in APR: $126
 
 
IAB Financial Bank
4.285%
7/19/2017
4.250%
at 0.000 pts
30 day lock rate
Est payment: $983.88
Fees in APR: $828
 
 
LincolnWay Community Bank
4.045%
7/18/2017
4.000%
at 0.000 pts
30 day lock rate
Est payment: $954.83
Fees in APR: $1,085
 
 
Santander Bank, N.A.
4.209%
7/21/2017
4.125%
at 0.000 pts
60 day lock rate
Est payment: $969.30
Fees in APR: $2,004
 
 
Affinity FCU
4.254%
7/14/2017
4.250%
at 0.000 pts
60 day lock rate
Est payment: $983.88
Fees in APR: $97
 
 
Proponent Federal Credit Union
4.414%
7/14/2017
4.375%
at 0.000 pts
45 day lock rate
Est payment: $998.57
Fees in APR: $924
 
 

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 continue to move lower, defying predictions of higher mortgage rates in 2017. In fact, mortgage rates today just hit a new low for 2017 and are only about 50 basis points above an all-time low set in 2013. Conforming 30 year mortgage rates hit a low of 3.76 percent today, down from last week’s average of 3.81 percent.

The latest catalyst driving mortgage rates lower was a weak May jobs report showing job creation of only 138,000 jobs, less than the expected number of 185,000. This news sent bond yields lower and in turn sent average mortgage rates lower.

10 year bond yields are lower again this morning falling 5 basis points. This decline will put additional downward pressure on mortgage rates. 30 year rates will possibly fall below 3.70 percent by tomorrow or Wednesday.

15 year mortgage rates are also down 5 basis points over last week’s average rate. The current average 15 year mortgage rate is at 3.00 percent, a decline from the prior week’s average mortgage rates of 3.05 percent. We will see 15 year rates fall below 3.00 percent over the next couple of days.

The all-time record average low for 15 year rates was 2.56 percent set in May 2013. While we won’t see average 15 year rates fall that low again unless there is a recession, rates will decline in the coming weeks.

Average 5 year adjustable mortgage rates are also lower today, falling to 3.15 percent, down from an average rate of 3.21 percent last week. The all-time record average low rate for 5 year adjustable mortgages was also 2.56 percent set in May 2013.

The rates above are average rates, you can find lenders quoting rates below the average with and without mortgage points. You can search for lenders offering mortgages in your state by searching our rate lists at mortgage rates and you don’t have to provide any personal information to view a list of rates.

 
Author: Brian McKay
June 6th, 2017

The relentless rise in mortgage rates has paused this week as average 30 year mortgage rates fell. Since Trump was elected President almost a month ago, 30 year mortgage rates have moved higher from just under 3.50 percent to a high of 4.11. This is one of the largest monthly increases in mortgage rates since the run-up in early 2013.

We don’t expect the downturn in rates to continue. The Federal Reserve is expected to raise the fed funds rate by 25 basis point this month. Next year forecasts were for the Fed to increase the rate once. There is also now talk that the Fed might increase the rate more than once in 2017.

A higher fed funds rate will put upward pressure on loan rates. Long-term mortgage rates are not directly tied to the fed funds rate but both rates usually move in tandem. U.S. Treasury yields usually also move in the same direction as mortgage rates and the fed funds rate.

During times of economic expansion, the Fed funds rate is usually increased. When the fed funds rate is increased, mortgage rates and Treasury yields also increase.

During economic downturns and recessions, the fed lowers the fed funds rate. Long-term Treasury yields and mortgage rates also move lower when the economy is in the dumps.

The economy is on of of the longest expansion periods ever and recent economic news point to higher mortgage rates in 2017. Keep in mind, rates are moving higher but historically speaking, are still low. If you go back to the height of the recession back in 2008, average 30 year mortgage rates were around 6.50 percent, 2.5 percent higher than the current average of 3.99 percent.

You can find a list of current mortgage rates from lenders in your state by searching for mortgage rates today.

 
Author: Brian McKay
December 5th, 2016

Mortgage rates are sharply higher this week, following U.S. Treasury yields higher. Average 30 year mortgage rates increased almost 30 basis points since the election. 30 year rates are up from 3.49 percent last week before the election to 3.77 percent today.   

During the same time period, 10 year Treasury yields have risen from 1.80 percent to 2.10 percent. Why the sharp increase in mortgage rates and Treasury yields the past week? Donald Trump won the election. Trump has called for lowering taxes and investing about a trillion dollars in the nation’s crumbling infrastructure.

If you lower taxes and spend more, the money has to come from somewhere. The most likely source will be issuing more public debt. If the government issues a lot more debt, the most likely scenario will be investors demanding a higher yield on their investment in U.S. Treasuries.

Lowering taxes, issuing more public debt, and spending more are all inflationary policies. These policies will all contribute to higher Treasury yields, which will send mortgage rates higher. Whether or not these scenarios play out in the coming months and years remains to be seen.

In all likelihood, we won’t see Treasury yields and mortgage rates as low as they have been. The only way yields and rates will fall towards the recent record lows would be if the economy fell into another recession.

Treasury yields and mortgage rates move in the same direction. Right now, both are moving sharply higher. You can view the relationship between Treasury yields and mortgage rates for the past 10 years in the FRED Chart below.

 

 Courtesy of the Federal Reserve.

 
Author: Brian McKay
November 14th, 2016

Investors Bank mortgage rates are currently some of the lowest mortgage rates available. The mortgage rates quoted at Investors Bank are competitive for both fixed mortgage rates and adjustable mortgage rates. The rates below all have no mortgage points, which makes the deal even better.

In addition to offering fixed and adjustable mortgage products, Investors Bank also offers home equity loan products. They also offer a Homeowner Consumer Loan that requires little or no equity in your home. The loan amounts for the Homeowner Consumer Loan are between $2,000 and $10,000 with a maximum 5 year loan term.

Investors Bank has over 140 branches in New York and New Jersey. Investors Bank’s headquarters is at 101 JFK Parkway, Short Hills, New Jersey 07078. Investors Bank is a publically traded company on the NASDAQ under the ticker symbol ISBC.

Mortgage Rates at Investors Bank

  • 30 Year Fixed Conforming 3.50%
  • 30 Year Fixed Jumbo 3.50%
  • 15 Year Fixed Jumbo 2.75%
  • 7/1 Adjustable 2.75%
  • 5/1 Adjustable 2.265%

Investors Bank Home Equity Loan Rates

  • 10 Year Fixed Home Equity Loan 4.125%
  • 15 Year Fixed Home Equity Loan 4.375%
  • 20 Year Fixed Home Equity Loan 4.875%
  • 25 Year Fixed Home Equity Loan 5.275%
  • 30 Year Fixed Home Equity Loan 5.625%

Investors Bank Home Equity Line of Credit Rates

  • HELOC 3.25% – with an automatic monthly payment withdrawal from Investors Bank checking account
  • HELOC 3.50% – without an automatic monthly payment withdrawal from Investors Bank checking account

Home equity loan amounts and home equity line of credit amounts can be as high as $500,000.

Investors Bank Homeowners Consumer Loan Rates

  • 7.00% – with automatic monthly payment withdrawal from Investors Bank checking account
  • 7.25% – without an automatic monthly payment withdrawal from Investors Bank checking account

You can see how Investors Bank’s mortgage interest rates compare with other lenders’ rates by searching our rate database at Refinance Rates.

 
Author: Brian McKay
October 16th, 2016

30 year mortgage rates today increased to 3.43 percent, up from yesterday’s average 30 year rate of 3.39 percent. Mortgage rates have been on a slight uptick since the Fed wrapped up their meeting in September. The Fed didn’t increase the fed funds rate but set the stage for one rate hike in 2016. The hike is most likely to happen in the Fed’s scheduled December meeting.

Mortgage rates are indirectly tied to the fed funds rate. When the fed funds rate moves higher, bond yields move higher, and most lenders set mortgage rates based on 10 year bond yields. When bond yields move higher, lenders increase their lending rates.

Although 30 year mortgage rates have trended higher the past few weeks, the uptick hasn’t been that pronounced. 30 year rates are only up 9 basis points from the 2016 low set in late September and only 13 basis points from the all-time record low.

Checking our database of rates for California, we see there are several lenders quoting 30 year refinance rates below the average rate. The lowest 30 year refinance rate with points is at 3.125 percent and the lowest refi rate without points is at 3.375 percent.

Current mortgage rates on 15 year loans are averaging 2.68 percent, an increase from the prior day’s average rate of 2.62 percent. The lowest 15 year refinance rate available in our database for Texas is at 2.375 percent with points and at 2.75 percent without points.

Today’s mortgage rates on 5 year adjustable loans are averaging 2.94 percent, an increase from yesterday’s average 5 year adjustable rate of 2.88 percent. The lowest 5/1 ARM in our database Florida is at 2.13 percent with points and at 2.38 percent without points.

30 year jumbo mortgage rates are currently averaging 4.16 percent, up slightly from the prior day’s average rate of 4.12 percent. The lowest 30 year jumbo refinance rate in our database for Colorado is much lower at 3.375 percent with points and at 3.75 percent with no points.

Average 15 year jumbo mortgage rates are at 3.94 percent, up from yesterday’s average 15 year jumbo rate of 3.91 percent. The best 15 year jumbo refinance rate in our database is more than 100 basis points lower at 2.75 percent with no points.

5/1 jumbo adjustable mortgage rates are averaging 3.93 percent, up from the previous day’s average 5 year adjustable rate of 3.88 percent. The best 15 year jumbo refinance rate in our database is at 2.25 percent with points and at 2.38 percent with no points.

 
Author: Brian McKay
October 10th, 2016