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Mortgage Rates Decline Again in 2019     Mortgage rates on both conforming and jumbo loans declined again this week, continuing the downtrend in 2019. Current conforming 30 year mortgage rates today are averaging 4.48 percent, down from the prior week's average 30 year mortgage rate of 4.49 percent. This rate is the current average 30 year rate but there are many lenders quoting rates below the average. Right now on our rate table, we have lenders quoting 30 year mortgage rates as low as 4.25 percent with no mortgage points.Conforming 15 year mortgage rates are averaging 3.75 percent today, down slightly from the previous week's average 15 year rate of 3.76 percent. Currently, the lowest 15 year refinance rate on our rate list is quoted at 3.625 percent with no mortgage points. Conventional 5 year adjustable mortgage rates are currently averaging 4.06 percent, down from last week's average rate of 4.08 percent. The lowest 5 year adjustable refinance rate quoted on the rate table is much lower at 3.25 percent with no points.
Lender
APR
Rate
Cost & Fees
Notes
State Department Federal Credit Union
4.432%
4/22/2019
4.375%
at 0.000 pts
60 day lock rate Est payment: $1,497.86
Fees in APR: $2,000
Northwest Federal Credit Union
4.316%
4/24/2019
4.250%
at 0.750 pts
45 day lock rate Est payment: $1,475.82
Fees in APR: $79
Bank of Oak Ridge
4.295%
4/18/2019
4.250%
at 0.250 pts
60 day lock rate Est payment: $1,475.82
Fees in APR: $853
Santander Bank, N.A.
4.557%
4/23/2019
4.500%
at 0.000 pts
60 day lock rate Est payment: $1,520.06
Fees in APR: $2,004
LincolnWay Community Bank
4.155%
4/23/2019
4.125%
at 0.000 pts
30 day lock rate Est payment: $1,453.95
Fees in APR: $1,085
Virginia Credit Union
4.328%
4/23/2019
4.250%
at 0.375 pts
45 day lock rate Est payment: $1,475.82
Fees in APR: $1,650
Bank of America
4.119%
4/24/2019
4.000%
at 0.988 pts
60 day lock rate Est payment: $1,432.25
Fees in APR: $1,289
Raymond James Bank, NA
4.537%
4/23/2019
4.500%
at 0.000 pts
45 day lock rate Est payment: $1,520.06
Fees in APR: $1,299
Apple Federal Credit Union
4.219%
4/24/2019
4.125%
at 1.000 pts
60 day lock rate Est payment: $1,453.95
Fees in APR: $352
TD Bank, NA
4.278%
4/19/2019
4.250%
at 0.000 pts
45 day lock rate Est payment: $1,475.82
Fees in APR: $982
Fulton Bank, NA
4.539%
4/23/2019
4.500%
at 0.125 pts
60 day lock rate Est payment: $1,520.06
Fees in APR: $1,007
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. Today's mortgage rates on 30 year jumbo loans are currently averaging 4.40 percent, up 4 basis points from last week's average rate of 4.36 percent. The best 30 year jumbo refinance rates quoted on our rate table right now are at 3.85 percent with 1.10 mortgage points. 15 year jumbo mortgage rates are averaging 4.15 percent, down 1 basis point from the prior week's rate of 4.16 percent. The best 15 year jumbo refinance rates quoted on the rate table are at 3.625 percent with 0.10 mortgage points. 5 year adjustable jumbo mortgage rates are averaging 3.93 percent, down from the previous week's average adjustable jumbo rate of 3.97 percent. The lowest 5 year jumbo adjustable rate quoted on the rate table is more than 50 basis points lower at 3.25 percent with 0.10 points. Search for and compare mortgage rates today in your state to get the best deal on a home loan. |
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