Mortgage Rates Start 2019 Lower

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Mortgage Rates Start 2019 LowerMortgage rates started 2019 by moving lower, continuing the downtrend of the past three months. Mortgage rates today on 30 year conforming loans are averaging 4.51 percent, down from 4.61 percent the last week of December 2018.

Today's mortgage rates on 15 year conforming loans are averaging 3.76 percent, down from an average 15 year rate of 3.78 percent. 5 year adjustable mortgage rates are down to 3.94 percent, a decline from the prior week's average rate of 3.97 percent.
Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
30 yr fixed refi in 95816, All points, Credit score: 740+     Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
30 yr fixed mtg refi Mortgage Loan from Star One Credit Union
Star One Credit Union
300000
Refinance
3.878
3.875
USD
Star One Credit Union
3.878%
5/20/2019
3.875%
at 0.000 pts
45 day lock rate
Est payment: $1,410.71
Fees in APR: $105
 
 
30 yr fixed mtg refi Mortgage Loan from Schools First FCU
Schools First FCU
300000
Refinance
4.278
4.250
USD
Schools First FCU
4.278%
5/20/2019
4.250%
at 0.000 pts
60 day lock rate
Est payment: $1,475.82
Fees in APR: $995
 
 
30 yr fixed mtg refi Mortgage Loan from First Tech Credit Union
First Tech Credit Union
300000
Refinance
4.025
4.000
USD
First Tech Credit Union
4.025%
5/22/2019
4.000%
at 0.000 pts
30 day lock rate
Est payment: $1,432.25
Fees in APR: $898
 
 
30 yr fixed mtg refi Mortgage Loan from Bank of the West
Bank of the West
300000
Refinance
4.544
4.500
USD
Bank of the West
4.544%
5/21/2019
4.500%
at 0.250 pts
60 day lock rate
Est payment: $1,520.06
Fees in APR: $793
 
 
30 yr fixed mtg refi Mortgage Loan from Union Bank
Union Bank
300000
Refinance
4.397
4.375
USD
Union Bank
4.397%
5/23/2019
4.375%
at 0.000 pts
60 day lock rate
Est payment: $1,497.86
Fees in APR: $771
 
 
30 yr fixed mtg refi Mortgage Loan from LincolnWay Community Bank
LincolnWay Community Bank
300000
Refinance
4.030
4.000
USD
LincolnWay Community Bank
4.030%
5/21/2019
4.000%
at 0.000 pts
30 day lock rate
Est payment: $1,432.25
Fees in APR: $1,085
 
 
30 yr fixed mtg refi Mortgage Loan from San Diego County Credit Union
San Diego County Credit Union
300000
Refinance
4.304
4.250
USD
San Diego County Credit Union
4.304%
5/22/2019
4.250%
at 0.500 pts
60 day lock rate
Est payment: $1,475.82
Fees in APR: $434
 
 
30 yr fixed mtg refi Mortgage Loan from Raymond James Bank, NA
Raymond James Bank, NA
300000
Refinance
4.537
4.500
USD
Raymond James Bank, NA
4.537%
5/21/2019
4.500%
at 0.000 pts
45 day lock rate
Est payment: $1,520.06
Fees in APR: $1,299
 
 

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.






Current mortgage rates on 30 year jumbo loans are averaging 4.42 percent, a slight decline from an average rate of 4.43 percent last week. 15 year jumbo mortgage rates bucked the downtrend and are currently averaging 4.16 percent, up from an average jumbo rate of 4.12 percent. 5 year jumbo adjustable mortgage rates are averaging 3.80 percent, down from last week's average of 3.85 percent.

Where mortgage rates are headed in 2019 is anyone's guess at this point. The government shutdown, already the longest ever, is causing the economy to slow. Long term bond yields are also falling which will drive mortgage rates lower from current levels.

If you're looking to buy a home or refinance a loan how is a good time historically speaking, though rates might go lower from current levels. To see where lender's rates are right now use our rate tables to search for and compare mortgage rates today.
 
Author: Brian McKay
January 2nd, 2019