Mortgage Rates | Compare Mortgage Rates Today and Refinance Rates from Many Lenders

When you start your search for current mortgage rates or mortgage refinance rates you need to first have an understanding of the types of mortgages available and the corresponding mortgage rates. Types of mortgages rates available include conforming mortgage rates, super conforming mortgage rates and jumbo mortgage rates. There are variations of each type of mortgage available. Mortgage are so low you can get a better rate than you might expect. Make sure to use a mortgage amortization calculator to figure out how much home you can afford. We also offer a free mortgage rate widget you can use to display national average mortgage rates on your website.

Most Recent:

  Mortgage Rates Hit New Lows for 2014
Conforming 30 year mortgage rates hit another new low in 2014, falling to 4.16 percent this week. 30 year mortgage rates are down from last week's average of 4.21 percent. Mortgage rates have made a series of new lows in 2014, following 10 year U.S. Treasury yields lower. Current 10 year bond yields are at 2.50 percent, the lowest point this year. Back in early January, 10 year bond yields were just over 3.00 percent. Read more
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
NMLS # 1838
State Lic # 1838
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. 
 
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Capital One Logo
NMLS # 453156
at 0.000 pts
60 day lock rate
Est payment: $1,442.07
Fees in APR: $990
 
 
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McGlone Mortgage Group Logo
NMLS # 3232
(877) 899-2767
at 0.000 pts
40 day lock rate
Est payment: $1,417.52
Fees in APR: $395
 
 
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Better Mortgage Inc Logo
NMLS # 330511
(877) 345-9069
at 0.000 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: $1,582
Thank you for your quote. 
 
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ConsumerDirect Mortgage, a division of First Bank Logo
NMLS # 790396
at 0.000 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: None
 
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loanDepot Logo
NMLS # 174457
at 0.000 pts
30 day lock rate
Est payment: $1,454.44
Fees in APR: $1,595
Thanks for the inquiry. 
 
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e-Lend Logo
NMLS # 2826
State Lic # 9823386
at 0.000 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: None
 
 
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Sebonic Financial Logo
NMLS # 66247 Cardinal Financial
State Lic # 8701663
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
NMLS # 504284
at 0.000 pts
60 day lock rate
Est payment: $1,417.52
Fees in APR: None
 
 
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Garden State Home Loans Logo
NMLS # 473163
(877) 602-5604
at 0.000 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: None
 
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Better Mortgage Inc Logo
NMLS # 330511
(877) 345-9069
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
NMLS # 2826
State Lic # 9823386
at 1.000 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: $1,534
 
 
Next button
loanDepot Logo
NMLS # 174457
at 0.100 pts
30 day lock rate
Est payment: $1,429.77
Fees in APR: $3,145
Thanks for the inquiry. 
 
Next button
ConsumerDirect Mortgage, a division of First Bank Logo
NMLS # 790396
at 1.000 pts
30 day lock rate
Est payment: $1,381.16
Fees in APR: $1,982
 
Next button
Capital One Logo
NMLS # 453156
at 1.000 pts
60 day lock rate
Est payment: $1,417.52
Fees in APR: $3,615
 
 
Next button
Garden State Home Loans Logo
NMLS # 473163
(877) 602-5604
at 0.125 pts
30 day lock rate
Est payment: $1,393.22
Fees in APR: $495
 
Next button
Sebonic Financial Logo
NMLS # 66247 Cardinal Financial
State Lic # 8701663
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
Better Mortgage Inc Logo
NMLS # 330511
(877) 345-9069
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
loanDepot Logo
NMLS # 174457
at 1.100 pts
30 day lock rate
Est payment: $1,405.34
Fees in APR: $3,395
Thanks for the inquiry. 
 
Next button
ConsumerDirect Mortgage, a division of First Bank Logo
NMLS # 790396
at 2.000 pts
30 day lock rate
Est payment: $1,369.17
Fees in APR: $3,018
 
Next button
Garden State Home Loans Logo
NMLS # 473163
(877) 602-5604
at 1.125 pts
30 day lock rate
Est payment: $1,369.17
Fees in APR: None
 
Next button
Capital One Logo
NMLS # 453156
at 2.000 pts
60 day lock rate
Est payment: $1,405.34
Fees in APR: $5,490
 
 
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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
 
 
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
 
 
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
 
 
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
 
 
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
 
 
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
 
 
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
 
 
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
 
 
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
 
 
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
 
 
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
 
 
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
 
 
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
 
 
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
 
 
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
 
 
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
 
 
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
 
 
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
 
 

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.



Conforming Mortgage Rates

Conforming mortgage rates are rates on mortgages that meet the criteria set out by the Federal Housing Finance Agency. There are limits set for each county of the United States . There are higher mortgage loan limits for designated high-cost areas, like on the coasts and in large cities. Mortgages that “conform” to the standards set out by the Federal Housing Finance Agency can be purchased by Freddie Mac and Fannie Mae. This process guarantees banks are able to resell mortgage loans that have been made. As a result, conforming mortgage rates are lower than jumbo mortgage rates.

Super Conforming Mortgage Rates

Super conforming mortgages are mortgages that have higher mortgage loan amounts but still “conform” to the standards set by the Federal Housing Finance Agency. Super conforming mortgage rates are higher than conforming mortgage rates. Super conforming mortgage rates are in the higher cost housing areas like the coasts and in large cities.

Jumbo Mortgage Rates

Jumbo mortgage rates are rates for mortgage loans that have a dollar amount higher than conforming and super conforming loan amounts. Jumbo mortgage rates are usually 0.75 basis points higher than conforming mortgage rates because there are no guarantee banks and credit unions can sell these mortgages after they make the loans.

Fixed Rate Mortgages

Fixed rate mortgages are the most common mortgages available. The mortgage rate and the monthly payment stay the same for the entire life of the mortgage loan. This makes fixed rate mortgages the most stable and predictable for mortgagees.

Adjustable Rate Mortgages

Adjustable mortgages have a fixed mortgage rate for a certain number of years and then the mortgage rate adjusts every year after the initial period. There are usually yearly caps and life time caps on how much the mortgage interest rate and fluctuate. Your monthly mortgage payment will be lower at first but can rise when mortgage rates rise.

Interest Only Mortgage Rates

Interest only mortgages are mortgages that the borrower pays only the interest on the principal balance or a set period of time. After the initial period the mortgagee pays both interest and principal. Interest only (IO) mortgages were popular during the housing boom.

FHA Mortgage Rates

Borrowers must meet certain requirements established by FHA to qualify for a mortgage insured by the FHA. FHA mortgage rates in are usually lower than conforming mortgage rates because mortgage lenders bear less risk because FHA will pay the lender if a homeowner defaults on his or her mortgage loan.

Mortgage Rates By State