First Internet Bank headquartered in Indianapolis, Indiana is advertising conventional mortgages, jumbo mortgages and government mortgages (FHA mortgage rates). The bank’s current advertised 30 year fixed mortgage rate is one of the best mortgage rates available right now. The current advertised mortgage rate is 4.75 percent with 0.781 mortgage discount points. That rate beats the current national average mortgage rate by 40 basis points.

In addition to mortgage rates, the bank is also advertising a home equity loan and a home equity line of credit (HELOC). The biggest difference between the two is home equity loans have a fixed interest rate while HELOCs have a variable interest rate, the rate can change at any time.

Current Mortgage Rates

Conventional 30 Year Fixed Mortgage Rates

• 4.75% Rate 4.84% APR 0.781 Points
• 4.875% Rate 4.906% APR 0.00 Points

Conventional 15 Year Fixed Mortgage Rates

• 4.25% Rate 4.032% APR 0.00 Points

Conventional 5 Year Adjustable Mortgage Rates

• 3.375% Rate 3.364% APR 0.529 Points
• 3.50% Rate 3.369% APR 0.00 Points

Jumbo 5 Year Adjustable Mortgage Rates

• 4.25% Rate 3.695% APR 1.00 Points
• 4.625% Rate 3.748% APR 0.00 Points

FHA Fixed 30 Year Mortgage Rates

4.75% Rate 5.339% APR 0.044 Points
4.875% Rate 5.464% APR 0.00 Points

Home Equity Loan

• 3.25% Rate 3.25% APR 0.00 Points

Home Equity Line of Credit (HELOC)

• 6.990% Rate 6.991% APR 0.00 Points

To find out if First Internet Bank is offering mortgage loans in your area and for current mortgage rates visit firstib.com.