Mortgage Rates Fall Again – 15 Year Mortgage Rates Today Under 3.00 Percent

Mortgage rates are lower again, following 10 year bond yields lower. Bond yields and mortgage rates declined because of a weak March jobs report. Average 15 year mortgage rates today are at 2.94 percent, down from last week's average rate of 3.03 percent. Only 126,000 jobs were created in March, much lower than the forecast number of 250,000 jobs.

If we continue to see lackluster job growth in the coming months, the Federal Reserve will probably wait to increase the federal funds rate. This will keep bond yields low, which will prevent mortgage rates from rising much higher from current levels.

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 Mortgage Loan from Better.com
Better.com
https://www.brimg.net/system/img/inst/9722_logo.gif
300000
Refinance
4.128
4.125
USD
Better.com Logo
at 0.000 pts
30 day lock rate
Est payment: $1,453.95
Fees in APR: $124
Thank you for your quote. 
 
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30 yr fixed Mortgage Loan from Better.com
Better.com
https://www.brimg.net/system/img/inst/9722_logo.gif
300000
Refinance
3.913
3.750
USD
Better.com Logo
at 1.100 pts
30 day lock rate
Est payment: $1,389.35
Fees in APR: $2,605
Thank you for your quote. 
 
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30 yr fixed mtg refi Mortgage Loan from Star One Credit Union
Star One Credit Union
300000
Refinance
4.003
4.000
USD
Star One Credit Union

4.003%
4/15/2019
4.000%
at 0.000 pts
45 day lock rate
Est payment: $1,432.25
Fees in APR: $105
 
 
30 yr fixed mtg refi Mortgage Loan from Bank of the West
Bank of the West
300000
Refinance
4.523
4.500
USD
Bank of the West

4.523%
4/16/2019
4.500%
at 0.000 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
4.522
4.500
USD
Union Bank

4.522%
4/17/2019
4.500%
at 0.000 pts
60 day lock rate
Est payment: $1,520.06
Fees in APR: $771
 
 
30 yr fixed mtg refi Mortgage Loan from First Tech Credit Union
First Tech Credit Union
300000
Refinance
4.275
4.250
USD
First Tech Credit Union

4.275%
4/17/2019
4.250%
at 0.000 pts
30 day lock rate
Est payment: $1,475.82
Fees in APR: $898
 
 
30 yr fixed mtg refi Mortgage Loan from LincolnWay Community Bank
LincolnWay Community Bank
300000
Refinance
4.155
4.125
USD
LincolnWay Community Bank

4.155%
4/16/2019
4.125%
at 0.000 pts
30 day lock rate
Est payment: $1,453.95
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%
4/17/2019
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 Schools First FCU
Schools First FCU
300000
Refinance
4.278
4.250
USD
Schools First FCU

4.278%
4/15/2019
4.250%
at 0.000 pts
60 day lock rate
Est payment: $1,475.82
Fees in APR: $995
 
 

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 Today 4 7 15Mortgage rates remaining near record lows wasn't supposed to happen in 2015. Forecasts were for 30 year rates to move above 4.50 percent by now and hit 5.00 percent by the end of the year. Current mortgage rates on 30 year loans are averaging 3.74 percent, down from last week's average 30 year rate of 3.80 percent.

It's very unlikely average 30 year rates will hit 5.00 percent this year. Average 30 year rates varied in other mortgage rate reports available this past week. Freddie Mac's Weekly Mortgage Rates Survey released April 2, had 30 year rates averaging 3.70 percent. You can view the entire PMMS survey in the chart below:

PMMS Mortgage Rates Survey

The Mortgage Bankers Association's Weekly Mortgage Application Survey had 30 year rates at 3.89 percent.

Today's mortgage rates on 30 year jumbo loans are averaging 3.93 percent, down 23 basis points from last week's average jumbo rate of 4.15 percent. Back in January of this year average 30 year jumbo rates were as high as 4.50 percent. If you're searching for a jumbo mortgage Investors Home Mortgage is quoting 30 year rates in New Jersey at 3.625 percent with no points.

15 year jumbo mortgage rates are averaging 3.52 percent, down from the previous week's average 15 year rate of 3.75 percent. The lowest 15 year jumbo refinance rates quoted on our rate table for California are at 2.75 percent with no points.

Adjustable mortgage rates on 5 year conforming loans are averaging 3.03 percent, down from the prior week's average rate of 3.15 percent. The lowest 5 year adjustable refinance rate on our rate table for Connecticut are at 2.625 percent with no points.

Jumbo adjustable 5 year mortgage rates are higher this week are averaging 3.51 percent. Last week 5 year jumbo rates averaged 3.27 percent. The best 5 year jumbo adjustable rates available on the rate table for Colorado are also at 2.625 percent with no points.
Author: Brian McKay
April 9th, 2015