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Compare Current Mortgage Rates Today from Lenders Below. Our List of Mortgage Rates is Updated Every Day
 

Mortgage Rates

| Compare Current Mortgage Rates Today

Search for today's mortgage rates for home loans to buy a home or refinance a mortgage. You can compare rates today from several lenders by searching in your state below. The current mortgage rates displayed are for a refinance loan in the amount of $250,000. Change the search form to get your own mortgage loan quotes from several different lenders without providing any personal information. When comparing rates you will also see the annual percentage rate (APR) which is higher than the interest rate because fees and points are calculated into the rate. Your FICO score and the down payment on a home purchase or percent equity in your home on a refinance will also determine the rates you are quoted.

Mortgage Rates Updated Sat Dec 10, 2016
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
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
at 0.000 pts
60 day lock rate
Est payment: $1,442.07
Fees in APR: $990
 
 
Next button
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
at 0.000 pts
40 day lock rate
Est payment: $1,417.52
Fees in APR: $395
 
 
Next button
at 0.000 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: $1,582
Thank you for your quote. 
 
Next button
loanDepot Logo
at 0.000 pts
30 day lock rate
Est payment: $1,454.44
Fees in APR: $1,595
Thanks for the inquiry. 
 
Next button
e-Lend Logo
at 0.000 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: None
 
 
Next button
Best Rate USA Logo
at 0.000 pts
45 day lock rate
Est payment: $1,393.22
Fees in APR: $995
The direct lender to call for great rates and superior service. 
 
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Home Point Financial Logo
at 0.000 pts
45 day lock rate
Est payment: $1,405.34
Fees in APR: None
 
 
Next button
Sebonic Financial Logo
at 0.000 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: $324
Thank you for your inquiry, we will be in touch shortly. 
 
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Columbia Bank Logo
at 0.000 pts
60 day lock rate
Est payment: $1,417.52
Fees in APR: None
 
 
Next button
at 0.000 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: None
 
Next button
at 0.100 pts
30 day lock rate
Est payment: $1,369.17
Fees in APR: $3,494
Thank you for your quote. 
 
Next button
e-Lend Logo
at 1.000 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: $1,534
 
 
Next button
loanDepot Logo
at 0.100 pts
30 day lock rate
Est payment: $1,429.77
Fees in APR: $3,145
Thanks for the inquiry. 
 
Next button
at 0.100 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: $1,137
Thank you for your inquiry, we will be in touch shortly. 
 
Next button
Capital One Logo
at 1.000 pts
60 day lock rate
Est payment: $1,417.52
Fees in APR: $3,615
 
 
Next button
Home Point Financial Logo
at 0.970 pts
45 day lock rate
Est payment: $1,393.22
Fees in APR: None
 
 
Next button
at 0.125 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: $495
 
Next button
Sebonic Financial Logo
at 0.100 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: $1,166
Thank you for your inquiry, we will be in touch shortly. 
 
Next button
at 1.100 pts
30 day lock rate
Est payment: $1,357.24
Fees in APR: $2,614
Thank you for your quote. 
 
Next button
at 1.100 pts
30 day lock rate
Est payment: $1,369.17
Fees in APR: $1,356
Thank you for your inquiry, we will be in touch shortly. 
 
Next button
loanDepot Logo
at 1.100 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: $3,395
Thanks for the inquiry. 
 
Next button
at 1.125 pts
30 day lock rate
Est payment: $1,369.17
Fees in APR: None
 
Next button
Capital One Logo
at 2.000 pts
60 day lock rate
Est payment: $1,405.34
Fees in APR: $5,490
 
 
Next button
Kearny Bank

3.264%
12/6/2016
3.250%
at 0.000 pts
55 day lock rate
Est payment: $1,405.34
Fees in APR: $200
 
 
Magyar Bank

3.250%
12/6/2016
3.250%
at 0.000 pts
60 day lock rate
Est payment: $1,405.34
Fees in APR: None
 
 
Amalgamated Bank

3.610%
12/8/2016
3.500%
at 0.000 pts
60 day lock rate
Est payment: $1,429.77
Fees in APR: $1,504
 
 
LincolnWay Community Bank

3.329%
12/6/2016
3.250%
at 0.000 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: $1,085
 
 
IAB Financial Bank

3.560%
12/7/2016
3.500%
at 0.000 pts
30 day lock rate
Est payment: $1,429.77
Fees in APR: $828
 
 
OceanFirst Bank

3.531%
12/6/2016
3.500%
at 0.000 pts
60 day lock rate
Est payment: $1,429.77
Fees in APR: $432
 
 
Santander Bank, N.A.

3.521%
12/9/2016
3.375%
at 0.000 pts
60 day lock rate
Est payment: $1,417.52
Fees in APR: $2,004
 
 
Raymond James Bank, NA

3.975%
12/6/2016
3.875%
at 0.000 pts
45 day lock rate
Est payment: $1,466.88
Fees in APR: $1,354
 
 
United Teletech Financial

3.057%
12/8/2016
3.000%
at 0.000 pts
30 day lock rate
Est payment: $1,381.16
Fees in APR: $795
 
 
Citizens Bank, NA

2.940%
12/2/2016
2.875%
at 0.000 pts
60 day lock rate
Est payment: $1,369.17
Fees in APR: $904
 
 
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
 
 
Bank of America

3.763%
12/5/2016
3.625%
at 0.513 pts
45 day lock rate
Est payment: $1,442.07
Fees in APR: $850
 
 
Fulton Bank of New Jersey

3.684%
12/5/2016
3.625%
at 0.000 pts
60 day lock rate
Est payment: $1,442.07
Fees in APR: $807
 
 
Credit Union of New Jersey

3.386%
12/9/2016
3.375%
at 0.000 pts
30 day lock rate
Est payment: $1,417.52
Fees in APR: $147
 
 
Millington Savings Bank

3.273%
12/8/2016
3.250%
at 0.000 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: $316
 
 
Audubon Savings Bank

3.417%
12/8/2016
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%
12/6/2016
3.250%
at 0.000 pts
90 day lock rate
Est payment: $1,405.34
Fees in APR: $432
 
 
Manasquan Savings Bank

3.169%
12/6/2016
3.125%
at 0.000 pts
45 day lock rate
Est payment: $1,393.22
Fees in APR: $606
 
 
Metuchen Savings Bank

3.080%
12/6/2016
3.000%
at 0.500 pts
60 day lock rate
Est payment: $1,381.16
Fees in APR: $108
 
 
Shore Community Bank

3.324%
12/8/2016
3.250%
at 0.000 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: $1,018
 
 

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 moved considerably higher this week, after hovering just above record lows the past couple of weeks. Average 30 year conforming mortgage rates increased 12 basis points this week from 3.36 percent to 3.48 percent. Despite the recent increase, 30 year rates are only 17 basis points higher than the record low set in the 4th quarter of 2012.

The future trend for mortgage rates will be higher in the coming months and years. The first catalyst for higher rates will be the Federal Open Market Committee’s December meeting. The FOMC is predicted to increase the fed funds in December and the increase is widely expected to be 25 basis points.

The fed funds rate increase will likely only have a slight impact on mortgage rates. Any increases in mortgage rates will happen before the meeting because markets will drive 10 year rates higher in anticipation of a rate increase. Regardless, the future trend for higher mortgage rates will start in December.

Fixed mortgage rates and long term bond yields trend higher together because most lenders set fixed mortgage rates based on long term U.S. Treasury yields.

Current Mortgage Rates

  • Current mortgage rates on 15 year loans are averaging 2.69 percent, an increase from the previous week’s average 15 year rate of 2.63 percent.
  • 30 year jumbo mortgage rates are averaging  4.17 percent, up from last week’s average 30 year jumbo rate of 4.12 percent.
  • Mortgage rates today on 15 year jumbo loans are averaging 3.50 percent, up from last week’s average 15 year jumbo rate of 3.45 percent.
  • 5/1 conforming adjustable mortgage rates are averaging 2.95 percent, up from the prior week’s average 5/1 adjustable rate of 2.89 percent.
  • 5/1 jumbo adjustable mortgage rates are averaging 3.52 percent, an increase from last week’s average 5/1 jumbo ARM of 3.47 percent.

To see a list of today’s mortgage rates search our rate lists at MortgageRates.RatesORama.com.

Author: Brian McKay
October 16th, 2016

30 year mortgage rates today made a new low for 2016 by falling 15 basis points. Average 30 year mortgage rates declined to 3.36 percent, down from last week’s average rate of 3.51 percent. 30 year rates are now only 5 basis points from an all-time record low set in 2012, according to MonitorBankRates.com.

Today’s employment report was weaker than expected and may drive mortgage rates to a new record low next week. Lenders are already quoting 30 year refinance rates with points below the record average low. The best 30 year refinance rate on our rate list is at 3.125 percent with 1.10 points from Better Mortgage.

Today’s mortgage rates on 15 year conforming loans are averaging 2.63 percent, a decline from the previous week’s average rate of 2.69 percent. The lowest 15 year conforming refinance rate available on our rate list is also below the average at 2.375 percent with 1 point.

5/1 adjustable mortgage rates are back under 3.00 percent, falling this week to 2.92 percent. Last week 5/1 adjustable rates were averaging 3.04 percent. The lowest 5 year adjustable refinance rate on our rate list is well below the average at 2.375 percent with 1.10 points.

Current mortgage rates on 30 year jumbo loans are averaging 4.35 percent, down 16 basis points from last week’s average 30 year jumbo rate of 4.51 percent. The best 30 year jumbo refinance rates on our rate list are much lower than the average at 3.25 percent with 2 mortgage points from Capital One.

15 year jumbo mortgage rates are currently averaging 2.67 percent, down from the prior week’s average 15 year rate of 2.78 percent. The lowest 15 year refinance rate on our rate list is at 2.625 percent with two mortgage points.

5/1 jumbo adjustable mortgage rates are averaging 3.85 percent, a decline from 3.97 percent last week. The best 15 year jumbo refi rate on our rate list is at 2.375 percent with 2 mortgage points from Midwest Equity Mortgage.

You can search for the lowest mortgage refinance rates in the state you live in by searching our rate list at MortgageRates.RatesORama.com.

Author: Brian McKay
October 7th, 2016

If you haven’t heard the news, the Federal Open Market Committee declined to raise the fed funds rate list week. This is good news for those looking to buy a home or refinance a mortgage, as current mortgage rates will stay near record lows for now.

Mortgage rates are not directly tied to the federal funds rate but indirectly tied. When the federal funds rate is increased, bond yields usually increase. Lenders tie mortgage rates to 10 year bond yields, as 10 year bond yields rise, lenders adjust mortgage rates higher.

30 year fixed conforming mortgage rates are currently at 3.51 percent, up from last week’s average mortgage rate of 3.46 percent. 30 year rate moved higher last week but are only about 25 basis points above all-time record lows set a few years ago.

A decade ago, 30 year mortgage rates were in the 6 to 7 percent range. Back in the early 1980’s the all-time record high for 30 year mortgage rates was just above 17 percent.

Average 30 year rates are at 3.51 percent today but there are lenders quoting 30 year rates well below the average. The best 30 year refinance rates on our rate list right now are at 3.00 percent with points. The best rates without points are still below the average at 3.25 percent.

Mortgage points allow the borrower to get a lower mortgage rate by paying money up front. Each mortgage point is equal to 1 percent of the loan amount.

To see how low mortgage rates are in your area search our rate lists at MortgageRates.RatesoRama.com.

Author: Brian McKay
September 25th, 2016

Mortgage rates moved higher this week, following 10 year bond yields higher as a result of a strong July employment report. Last Friday, July’s Nonfarm Payroll numbers showed 255,000 jobs were created in July, 75,000 more jobs than were expected. 

10 year bond yields shot back above 1.50 percent on the strong report and went as high as 1.60 percent. Last Friday, 30 year conforming mortgage rates were averaging 3.38 percent. Today 30 year conforming rates are higher, averaging 3.56 percent.

Even with the 18 basis point increase, average 30 rates are not much higher than the all-time low of 3.31 percent set late in 2012. Right now, there are a few lenders on our mortgage rates list quoting 30 year refinance rates below the all-time low of 3.31 percent.

The lowest 30 year refinance rate on our rate list for California is quoted at 3.125 percent with 1 mortgage point from HomePlus. The lowest 30 year rate without points on our rate list is also from HomePlus at 3.375 percent, just above the all-time record low of 3.31 percent.

15 year mortgage rates today are currently averaging 2.69 percent, up from the previous week’s average 15 year rate of 2.66 percent. Checking on our 15 year rate list for California, HomePlus is also offering the lowest 15 year refinance rates at 2.375 percent with 1 mortgage point. The lowest 15 year rate without points is also from HomePlus at 2.625 percent.

30 year jumbo mortgage rates are currently averaging 3.86 percent, up 5 basis points from last week’s average rate of 3.81 percent. The best 30 year jumbo refinance rates on our rate list for Colorado are much lower at 3.25 percent with 1 mortgage point from Sebonic Financial. The lowest 30 year jumbo rate without points is from Regent Bank at 3.75 percent.

15 year jumbo mortgage rates are averaging 3.36 percent, an increase from last week’s average 15 year jumbo rate of 3.29 percent. The best 15 year jumbo mortgage rates on our rate list for New York are currently at 2.625 percent with no points from Teachers Federal Credit Union.

You can search for and compare mortgage rates in your state from many lenders by searching our rate lists at MortgageRates.RatesORama.com.

Author: Brian McKay
August 9th, 2016

As we expected, average mortgage rates are down again this week and are just above record lows set in 2012. The catalyst for sending mortgage rates near record lows was the Brexit vote to leave the European Union. Just after the vote, we wrote an article entitled Brexit Will Send U.S. Mortgage Rates to New Lows, predicting mortgage rates will head down to all-time lows on the vote and we are just about there.

Average 30 year mortgage rates were at 3.55 percent right after the vote and are now at 3.44 percent. The all-time record low for average 30 year mortgage rates is 3.31 percent set in the fourth quarter of 2012. You can already find lenders quoting 30 year rates with points below the all-time low of 3.31 percent below and lower than today’s average of 3.44 percent and below.

The lowest 30 year refinance rates for California is from Sebonic Financial at 2.875 percent with 1.10 mortgage points. The lowest quoted rate without points on our rate list for CA is at 3.25 percent, still below the current average rate and below all-time record low of 3.31 percent.

Average 15 year mortgage rates are down considerably since the Brexit vote. The current average 15 year mortgage rate is at 2.68 percent, down 8 basis points from last week’s average rate of 2.76 percent. As with 30 year rates, lenders are quoting 15 year mortgage rates well below the current average rate.

Sebonic Financial is also offering the lowest 15 year rates. This lender is currently quoting 15 year refinance rates at 2.125 percent with 1.10 points. Sebonic Financial is also offering 15 year rates at 2.25 percent with 0.10 points and at 2.50 percent with no points.

You can search for and compare mortgage rates for home purchases and refinance rates by using our rate lists. No contact information is required to see a list of mortgage rates, unlike most comparison mortgage rate websites.

Author: Brian McKay
July 11th, 2016