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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
 
Watermark Home Loans Logo
NMLS # 1838
State Lic # 1838
(877) 526-4069
at 0.000 pts
30 day lock rate
Est payment: $1,417.52
Fees in APR: None
Watermark Home Loans is a BBB A+ rated Direct Lender. 
 
Next button
Capital One Logo
NMLS # 453156
(877) 339-6350
at 0.000 pts
60 day lock rate
Est payment: $1,442.07
Fees in APR: $990
 
 
Next button
eRates Mortgage Logo
NMLS # 1071
(877) 210-6855
at 0.000 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: None
Thank you for your inquiry, we will be in touch shortly. 
 
Next button
McGlone Mortgage Group Logo
NMLS # 3232
(877) 899-2767
at 0.000 pts
40 day lock rate
Est payment: $1,417.52
Fees in APR: $145
 
 
Next button
Better Mortgage Inc Logo
NMLS # 330511
(877) 345-9069
at 0.000 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: $1,686
Thank you for your quote. 
 
Next button
New American Funding Logo
NMLS # 6606
State Lic # None
at 0.000 pts
30 day lock rate
Est payment: $1,429.77
Fees in APR: $795
 
 
Next button
E-Click Lending Logo
NMLS # 1256692
(877) 275-4211
at 0.000 pts
45 day lock rate
Est payment: $1,405.34
Fees in APR: None
Thank you for your quote! 
 
Next button
HomeLend Mortgage Logo
NMLS # 138075
State Lic # 9903627
(877) 525-5037
at 0.000 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: None
 
 
Next button
e-Lend Logo
NMLS # 2826
State Lic # 9823386
at 0.000 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: None
 
 
Next button
Best Rate USA Logo
NMLS # 134407
State Lic # 0903805
at 0.000 pts
45 day lock rate
Est payment: $1,393.22
Fees in APR: $495
The direct lender to call for great rates and superior service. 
 
Next button
at 0.000 pts
45 day lock rate
Est payment: $1,393.22
Fees in APR: $1,000
 
 
Next button
AimLoan.com Logo
NMLS # 2890
State Lic # 2890
(877) 899-4115
at 0.000 pts
30 day lock rate
Est payment: $1,381.16
Fees in APR: $1,761
 
 
Next button
at 0.000 pts
30 day lock rate
Est payment: $1,442.07
Fees in APR: None
 
 
Next button
Aurora Financial Logo
NMLS # 35959
State Lic # 35959
at 0.000 pts
31 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
Home Point Financial Logo
at 0.000 pts
45 day lock rate
Est payment: $1,405.34
Fees in APR: None
 
 
Next button
AnnieMac Home Mortgage Logo
NMLS # 338923
State Lic # NO00004875
(877) 526-8907
at 0.000 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: None
 
 
Next button
Sebonic Financial Logo
NMLS # 66247 Cardinal Financial
State Lic # 8701663
(877) 661-8303
at 0.000 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: $224
Thank you for your inquiry, we will be in touch shortly. 
 
Next button
Columbia Bank Logo
NMLS # 504284
at 0.000 pts
60 day lock rate
Est payment: $1,417.52
Fees in APR: None
 
 
Next button
Garden State Home Loans Logo
NMLS # 473163
(877) 602-5604
at 0.000 pts
31 day lock rate
Est payment: $1,405.34
Fees in APR: None
 
Next button
American Interbanc Mortgage, LLC Logo
NMLS # 2043
State Lic # 0753613
(877) 364-5909
at 0.000 pts
45 day lock rate
Est payment: $1,381.16
Fees in APR: $949
 
 
Next button
Better Mortgage Inc Logo
NMLS # 330511
(877) 345-9069
at 0.100 pts
30 day lock rate
Est payment: $1,369.17
Fees in APR: $3,632
Thank you for your quote. 
 
Next button
e-Lend Logo
NMLS # 2826
State Lic # 9823386
at 1.000 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: $1,208
 
 
Next button
E-Click Lending Logo
NMLS # 1256692
(877) 275-4211
at 0.100 pts
45 day lock rate
Est payment: $1,393.22
Fees in APR: $1,300
Thank you for your quote! 
 
Next button
eRates Mortgage Logo
NMLS # 1071
(877) 210-6855
at 0.100 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: $918
Thank you for your inquiry, we will be in touch shortly. 
 
Next button
AimLoan.com Logo
NMLS # 2890
State Lic # 2890
(877) 899-4115
at 0.100 pts
30 day lock rate
Est payment: $1,357.24
Fees in APR: $3,695
 
 
Next button
Capital One Logo
NMLS # 453156
(877) 339-6350
at 1.000 pts
60 day lock rate
Est payment: $1,417.52
Fees in APR: $3,240
 
 
Next button
at 0.100 pts
30 day lock rate
Est payment: $1,417.52
Fees in APR: $1,600
 
 
Next button
American Interbanc Mortgage, LLC Logo
NMLS # 2043
State Lic # 0753613
(877) 364-5909
at 0.100 pts
45 day lock rate
Est payment: $1,369.17
Fees in APR: $1,999
 
 
Next button
Home Point Financial Logo
at 0.774 pts
45 day lock rate
Est payment: $1,393.22
Fees in APR: None
 
 
Next button
New American Funding Logo
NMLS # 6606
State Lic # None
at 1.000 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: $3,019
 
 
Next button
AnnieMac Home Mortgage Logo
NMLS # 338923
State Lic # NO00004875
(877) 526-8907
at 1.000 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: None
 
 
Next button
Garden State Home Loans Logo
NMLS # 473163
(877) 602-5604
at 0.125 pts
31 day lock rate
Est payment: $1,405.34
Fees in APR: None
 
Next button
Sebonic Financial Logo
NMLS # 66247 Cardinal Financial
State Lic # 8701663
(877) 661-8303
at 0.100 pts
30 day lock rate
Est payment: $1,381.16
Fees in APR: $2,724
Thank you for your inquiry, we will be in touch shortly. 
 
Next button
Better Mortgage Inc Logo
NMLS # 330511
(877) 345-9069
at 1.100 pts
30 day lock rate
Est payment: $1,357.24
Fees in APR: $2,768
Thank you for your quote. 
 
Next button
eRates Mortgage Logo
NMLS # 1071
(877) 210-6855
at 1.100 pts
30 day lock rate
Est payment: $1,369.17
Fees in APR: $1,137
Thank you for your inquiry, we will be in touch shortly. 
 
Next button
E-Click Lending Logo
NMLS # 1256692
(877) 275-4211
at 1.100 pts
45 day lock rate
Est payment: $1,369.17
Fees in APR: $1,550
Thank you for your quote! 
 
Next button
American Interbanc Mortgage, LLC Logo
NMLS # 2043
State Lic # 0753613
(877) 364-5909
at 1.100 pts
45 day lock rate
Est payment: $1,357.24
Fees in APR: $1,499
 
 
Next button
Garden State Home Loans Logo
NMLS # 473163
(877) 602-5604
at 1.125 pts
31 day lock rate
Est payment: $1,393.22
Fees in APR: None
 
Next button
New American Funding Logo
NMLS # 6606
State Lic # None
at 2.000 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: $5,769
 
 
Next button
Capital One Logo
NMLS # 453156
(877) 339-6350
at 2.000 pts
60 day lock rate
Est payment: $1,405.34
Fees in APR: $5,115
 
 
Next button
at 1.100 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: $1,142
 
 
Next button
Fulton Bank of New Jersey
3.684%
11/28/2016
3.625%
at 0.000 pts
60 day lock rate
Est payment: $1,442.07
Fees in APR: $807
 
 
Valley National Bank
3.292%
11/18/2016
3.250%
at 0.000 pts
60 day lock rate
Est payment: $1,405.34
Fees in APR: $577
 
 
United Teletech Financial
3.057%
12/1/2016
3.000%
at 0.000 pts
30 day lock rate
Est payment: $1,381.16
Fees in APR: $795
 
 
TD Bank, NA
3.573%
12/2/2016
3.500%
at 0.000 pts
45 day lock rate
Est payment: $1,429.77
Fees in APR: $997
 
 
Santander Bank, N.A.
3.521%
12/2/2016
3.375%
at 0.000 pts
60 day lock rate
Est payment: $1,417.52
Fees in APR: $2,004
 
 
Credit Union of New Jersey
3.511%
12/2/2016
3.500%
at 0.000 pts
30 day lock rate
Est payment: $1,429.77
Fees in APR: $147
 
 
Raymond James Bank, NA
3.975%
11/29/2016
3.875%
at 0.000 pts
45 day lock rate
Est payment: $1,466.88
Fees in APR: $1,354
 
 
Bank of America
3.683%
11/28/2016
3.500%
at 0.820 pts
45 day lock rate
Est payment: $1,429.77
Fees in APR: $850
 
 
IAB Financial Bank
3.560%
11/30/2016
3.500%
at 0.000 pts
30 day lock rate
Est payment: $1,429.77
Fees in APR: $828
 
 
Audubon Savings Bank
3.417%
12/1/2016
3.375%
at 0.000 pts
60 day lock rate
Est payment: $1,417.52
Fees in APR: $580
 
 
Somerset Savings Bank, SLA
3.281%
11/29/2016
3.250%
at 0.000 pts
90 day lock rate
Est payment: $1,405.34
Fees in APR: $432
 
 
Manasquan Savings Bank
3.169%
11/29/2016
3.125%
at 0.000 pts
45 day lock rate
Est payment: $1,393.22
Fees in APR: $606
 
 
Metuchen Savings Bank
3.080%
11/29/2016
3.000%
at 0.500 pts
60 day lock rate
Est payment: $1,381.16
Fees in APR: $108
 
 
Shore Community Bank
3.324%
12/1/2016
3.250%
at 0.000 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: $1,018
 
 
OceanFirst Bank
3.531%
11/29/2016
3.500%
at 0.000 pts
60 day lock rate
Est payment: $1,429.77
Fees in APR: $432
 
 
LincolnWay Community Bank
3.329%
11/30/2016
3.250%
at 0.000 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: $1,085
 
 
Kearny Bank
3.264%
11/29/2016
3.250%
at 0.000 pts
55 day lock rate
Est payment: $1,405.34
Fees in APR: $200
 
 
Magyar Bank
3.250%
11/29/2016
3.250%
at 0.000 pts
60 day lock rate
Est payment: $1,405.34
Fees in APR: None
 
 
Amalgamated Bank
3.610%
12/1/2016
3.500%
at 0.000 pts
60 day lock rate
Est payment: $1,429.77
Fees in APR: $1,504
 
 
Millington Savings Bank
3.273%
12/1/2016
3.250%
at 0.000 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: $316
 
 

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 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

Average 30 year mortgage rates have fallen again this week and are only 3 basis points from the all-time record low of 3.31 percent set in 2012. The lowest 30 year mortgage rate with 0.10 points in our database for a home purchase are at 3.125 percent. The lowest 30 year rate available today for a refinance loan is even lower at 3.00 percent with 1.10 mortgage points.

Current average 30 year mortgage rates are at 3.34 percent, down 17 basis points from the prior week’s average of 3.51 percent. There is a good chance 30 year rates will make a new all-time low sometime this week. 30 year mortgage rates on average are at 3.34 percent but right now there are lenders in our database quoting rates below the average. 

You can see a list of refinance rates in our state by searching our database at Refinance Rates Today.

Average 15  year mortgage rates today are at 2.63 percent, down from the previous week’s average 15 year rate of 2.69 percent. The lowest 15 year mortgage rate in our database for a purchase is at 2.375 percent with 1.10 points. The best 15 year refinance rate in our database is slightly lower at 2.25 percent with 1.10 points.

Today’s mortgage rates on 30 year jumbo loans are slightly higher this week. The current average 30 year jumbo rate is at 4.33 percent, up from last week’s average 30 year jumbo rate of 4.27 percent. The best 30 year jumbo rate in our database for a purchase is at 3.25 percent with 1.10 points. The lowest 30 year jumbo refinance rate is at 3.125 percent with 2 points.

15 year jumbo mortgage rates are currently averaging 3.84 percent, up from last week’s average 15 year jumbo rate of 3.81 percent. The best 15 year jumbo mortgage rate available in our database for a home purchase or loan refinance is much lower, at 2.75 percent with 1.10 points.

 
Author: Brian McKay
September 29th, 2016

Average 30 year mortgage rates increased last week to 3.51 percent, the first time in almost 3 months that rates were above 3.50 percent. The increase was short lived as 30 year mortgage rates fell to 3.49 percent this week. We expect 30 year mortgage rates to stay below 3.50 percent in the interim unless the Federal Reserve increases the fed funds rate this week.

As of September 18, the CME Group’s FedWatch Tool has put the probability of a rate hike at only 12 percent. Since it’s very unlikely the Fed will increase the fed funds rate, average mortgage rates will mostly fall from current levels this week.

Mortgage rates are indirectly tied to the federal funds rate. As the Federal Reserve raises or lowers the fed funds rate, bond yields usually follow higher or lower. Mortgage lenders set the rate they offer based on 10 year bond yields. As bond yields fall, lenders lower their rates and vice versa.

Mortgage rates are just above record lows. Locking in a lower rate before they climb can save you thousands of dollars over the life of your loan. If you haven’t already taken advantage of these near-record low rates, you should consider refinancing. Even if you tried before, refinancing may now be an option since home prices are on the uptick and you may have more equity in your home. 

Core Logic (NYSE: CLGX), reported 548,000 homes regained equity in the second quarter of 2016 compared to the previous quarter. The percentage of homes with positive equity increased to 92.9 percent of all mortgaged properties, or approximately 47.2 million homes.

Unfortunately, there are still 3.6 million homes with a mortgage of negative equity, or 7.1 percent of all mortgage properties. Negative equity is when the mortgage(s) on the property are higher than the home’s value. The number of homes with negative equity is declining sharply.  In the first quarter of 2016, the number of homes with negative equity stood at 4.2 million homes.

The only way to find out if your home has increased enough in value to refinance your loan is to get an appraisal. Before you take on the cost of an appraisal, consider whether or not refinancing makes sense for you. If you can get a refinance rate of at least 1.00 percent lower than your current rate and you plan to stay in your home for 3 years or more, refinancing is likely a good option.

You can see a list of refinance rates from many different lenders by using our mortgage rate tables at MonitorBankRates.com. Unlike most websites, you don’t have to provide any personal information or contact information to see a list of rates.

 
Author: Brian McKay
September 21st, 2016