Refinance Rates Today at Record Lows: Current 30 Year Mortgage Refinance Rates at 3.39%

Refinance rates today hit another round of record low average rates, driven lower by the Fed purchasing mortgage backed securities (MBS) to the tune of $40 billion month. This is on top of the current program of reinvesting $45 billion a month in principal payments from holdings of agency debt and agency MBS back into agency MBS until the end of 2012. Both programs are designed to drive mortgage rates lower and the Fed's policies are already working.

Average conventional 30 year refinance rates are at 3.39 percent, down from yesterday's average 30 year refinance rate of 3.42 percent. Average 30 year refinance rates have made new lows 4 out of the past 5 days. You can find lenders offering 30 year mortgage refinance rates below the average of 3.39 percent depending on the state you live in.

Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
in 95816, 2, 740    Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
PERIOD_FIXED_30YEARS Mortgage Loan from HomePlus Mortgage
HomePlus Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111128.gif
300000
Purchase
3.560%
3.375%
USD
HomePlus Mortgage Logo
NMLS # 78669
10/21/2019
at 2.000 pts
30 day lock rate
Est payment: $1,327
Fees in APR: $6,995
Personal service - one point of contact from start to finish – available nights and weekends
 
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
4.291%
4.125%
USD
Quicken Loans NMLS #3030 Logo
NMLS # 3030
10/21/2019
at 2.000 pts
45 day lock rate
Est payment: $1,454
Fees in APR: $6,000
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
4.039%
3.875%
USD
Rocket Mortgage Logo
NMLS # 3030
10/21/2019
at 2.000 pts
45 day lock rate
Est payment: $1,411
Fees in APR: $6,000
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
4.039%
3.875%
USD
Rocket Mortgage Logo
NMLS # 3030
10/21/2019
at 2.000 pts
45 day lock rate
Est payment: $1,411
Fees in APR: $6,000
From the lender: We can close your loan in less than a month!
 
PERIOD_FIXED_30YEARS Mortgage Loan from HomePlus Mortgage
HomePlus Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111128.gif
300000
Purchase
3.560%
3.375%
USD
HomePlus Mortgage Logo
NMLS # 78669
10/21/2019
at 2.000 pts
30 day lock rate
Est payment: $1,327
Fees in APR: $6,995
Personal service - one point of contact from start to finish – available nights and weekends
 
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
4.291%
4.125%
USD
Quicken Loans NMLS #3030 Logo
NMLS # 3030
10/21/2019
at 2.000 pts
45 day lock rate
Est payment: $1,454
Fees in APR: $6,000
The Better Business Bureau gives Quicken Loans and A+ for customer service.
 
PERIOD_FIXED_30YEARS Mortgage Loan from New American Funding
New American Funding
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111741.gif
300000
Purchase
3.514%
3.375%
USD
New American Funding Logo
NMLS # 6606
10/21/2019
at 1.750 pts
30 day lock rate
Est payment: $1,327
Fees in APR: $5,250
Direct lender specializing in helping you save money on your home loan.
 
PERIOD_FIXED_30YEARS Mortgage Loan from Apple Financial Network, Inc
Apple Financial Network, Inc
https:https://mortgagerates.icanbuy.com/images/lenderslogos/112378.gif
300000
Purchase
3.556%
3.375%
USD
Apple Financial Network, Inc Logo
NMLS # 1846010
State Lic # 01527337
10/21/2019
at 1.625 pts
30 day lock rate
Est payment: $1,327
Fees in APR: $6,972
Be ready to buy. Get pre-approved by a local lender
 

Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.






Right now on our 30 year mortgage refinance rates list for the state of Arizona there is a lender offering 30 year refinancing rates at 3.00 percent. First Internet Bank is offering 30 year AZ refinance rates at 3.00 percent with 2 mortgage points. We also have many other lenders offering 30 year refi rates at 3.125 percent with various points. If you don't want to pay points on a loan First Internet Bank is also offering 30 year rates at 3.25 percent with zero points.

Mortgage rates today on 15 year conventional home loans are at a new record low averaging 2.82 percent, down from yesterday's average 15 year mortgage refinance rate of 2.84 percent. We also have lenders offering 15 year mortgage interest rates well below the average of 2.82 percent. Currently on our 15 year conforming refinance rates list for some cities in the state of New York we find several lenders offering rates as low as 2.375 percent with points.

Average 30 year jumbo mortgage refinance rates are at 4.01 percent today, down from an average 30 year jumbo mortgage rate of 4.04 percent yesterday. We also have many lenders offering 30 year jumbo refinance rates below 4.00 percent with points and without points.

15 year jumbo mortgage rates are currently averaging 3.31 percent, a decline from Monday's average 15 year jumbo mortgage interest rate of 3.35 percent. You can find 15 year jumbo refinance rates below the averages on our refi rates list so feel free to search and compare rates. No personal information is needed to see a list of rates.
 
 
Author: Brian McKay
October 3rd, 2012
Posted in: Bank Mortgage Rates