Average Mortgage Rates Lower in 2019

Average Mortgage Rates Lower in 2019Average mortgage rates, which have been in a downtrend since September 2018, continued to move lower during the first week of 2019. The average 30 year conventional mortgage rate is currently at 4.60 percent, down from an average 30 year rate of 4.67 percent last week. 15 year mortgage rates today are averaging 3.77 percent, a decline from the prior week's average rate of 3.82 percent. 5 year conforming adjustable rates are averaging 4.00 percent, down from 4.05 percent.

Today's mortgage rates on 30 year jumbo loans are averaging 4.44 percent, down from an average 30 year jumbo rate of 4.48 percent last week. 15 year jumbo mortgage rates declined from last week's average rate of 4.18 percent to averaging 4.13 percent. 5 year jumbo adjustable mortgage rates are averaging 3.89 percent, down from 3.93 percent. To get the best deal on a home loan compare mortgage rates today.

Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
in 06101, All points, 740    Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
PERIOD_FIXED_30YEARS Mortgage Loan from Quicken Loans NMLS #3030
Quicken Loans NMLS #3030
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111724.gif
300000
Purchase
3.946%
3.750%
USD
Quicken Loans NMLS #3030 Logo
NMLS # 3030
09/26/2020
at 2.000 pts
45 day lock rate
Est payment: $1,390
Fees in APR: $7,250
The Better Business Bureau gives Quicken Loans and A+ for customer service.
 
PERIOD_FIXED_30YEARS Mortgage Loan from Rocket Mortgage
Rocket Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111574.gif
300000
Purchase
3.440%
3.250%
USD
Rocket Mortgage Logo
NMLS # 3030
09/26/2020
at 2.000 pts
45 day lock rate
Est payment: $1,306
Fees in APR: $7,250
From the lender: We can close your loan in less than a month!
 
PERIOD_FIXED_30YEARS Mortgage Loan from Rocket Mortgage
Rocket Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111574.gif
300000
Purchase
4.107%
3.990%
USD
Rocket Mortgage Logo
NMLS # 3030
09/26/2020
at 1.000 pts
45 day lock rate
Est payment: $1,431
Fees in APR: $4,250
From the lender: We can close your loan in less than a month!
 
Data provided by Brown Bag Marketing, Inc. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.



Author: Brian McKay
January 2nd, 2019