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
  
$
30 yr fixed refi in 23223, All points, Credit score: 740+     Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
30 yr fixed Mortgage Loan from JG Wentworth Home Lending
JG Wentworth Home Lending
https://www.brimg.net/system/img/inst/10054_logo.gif
300000
Refinance
4.258
4.250
USD
JG Wentworth Home Lending Logo
NMLS # 2925
State Lic # MC-1875
at 0.000 pts
45 day lock rate
Est payment: $1,475.82
Fees in APR: $299
 
 
30 yr fixed mtg refi Mortgage Loan from Bank of Oak Ridge
Bank of Oak Ridge
300000
Refinance
4.295
4.250
USD
Bank of Oak Ridge
4.295%
4/18/2019
4.250%
at 0.250 pts
60 day lock rate
Est payment: $1,475.82
Fees in APR: $853
 
 
30 yr fixed mtg refi Mortgage Loan from Northwest Federal Credit Union
Northwest Federal Credit Union
300000
Refinance
4.316
4.250
USD
Northwest Federal Credit Union
4.316%
4/17/2019
4.250%
at 0.750 pts
45 day lock rate
Est payment: $1,475.82
Fees in APR: $79
 
 
30 yr fixed mtg refi Mortgage Loan from Bank of America
Bank of America
300000
Refinance
4.343
4.250
USD
Bank of America
4.343%
4/17/2019
4.250%
at 0.671 pts
60 day lock rate
Est payment: $1,475.82
Fees in APR: $1,289
 
 
30 yr fixed mtg refi Mortgage Loan from Apple Federal Credit Union
Apple Federal Credit Union
300000
Refinance
4.345
4.250
USD
Apple Federal Credit Union
4.345%
4/17/2019
4.250%
at 1.000 pts
60 day lock rate
Est payment: $1,475.82
Fees in APR: $352
 
 
30 yr fixed mtg refi Mortgage Loan from TD Bank, NA
TD Bank, NA
300000
Refinance
4.278
4.250
USD
TD Bank, NA
4.278%
4/19/2019
4.250%
at 0.000 pts
45 day lock rate
Est payment: $1,475.82
Fees in APR: $982
 
 
30 yr fixed mtg refi Mortgage Loan from State Department Federal Credit Union
State Department Federal Credit Union
300000
Refinance
4.432
4.375
USD
State Department Federal Credit Union
4.432%
4/22/2019
4.375%
at 0.000 pts
60 day lock rate
Est payment: $1,497.86
Fees in APR: $2,000
 
 
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%
4/23/2019
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 Virginia Credit Union
Virginia Credit Union
300000
Refinance
4.328
4.250
USD
Virginia Credit Union
4.328%
4/23/2019
4.250%
at 0.375 pts
45 day lock rate
Est payment: $1,475.82
Fees in APR: $1,650
 
 
30 yr fixed mtg refi Mortgage Loan from Fulton Bank, NA
Fulton Bank, NA
300000
Refinance
4.539
4.500
USD
Fulton Bank, NA
4.539%
4/23/2019
4.500%
at 0.125 pts
60 day lock rate
Est payment: $1,520.06
Fees in APR: $1,007
 
 
30 yr fixed mtg refi Mortgage Loan from Santander Bank, N.A.
Santander Bank, N.A.
300000
Refinance
4.557
4.500
USD
Santander Bank, N.A.
4.557%
4/23/2019
4.500%
at 0.000 pts
60 day lock rate
Est payment: $1,520.06
Fees in APR: $2,004
 
 

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.






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