Lowest Mortgage Rates in a Generation, 30 Year Mortgage Rates at 4.06%





Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
in 06101, 2, 740    Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
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
10/22/2019
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 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
10/22/2019
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 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
10/22/2019
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
10/22/2019
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 New American Funding
New American Funding
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111741.gif
300000
Purchase
3.524%
3.375%
USD
New American Funding Logo
NMLS # 6606
10/22/2019
at 1.875 pts
30 day lock rate
Est payment: $1,327
Fees in APR: $5,625
Direct lender specializing in helping you save money on your home loan.
 

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.





Lowest Mortgage Rates in a Generation, 30 Year Mortgage Rates at 4.06%Mortgage Rates are near the lowest level in a generation but many people can't take advantage of low rates. A neighbor of ours would like to refinance from a 6.75% rate on a 30 year mortgage but can't due to negative equity. They owe more than the home is worth and no bank will refinance their mortgage. If you are in a position to buy a home or refinance, current 30 year mortgage rates are averaging 4.06%. If you're in a position to get a 15 year loan, today's mortgage rates on 15 year mortgages are averaging 3.375%.

Compare mortgage rates from several lenders by using our mortgage rate tables here: Today's Mortgage Rates. Unlike most websites, no personal information is needed to view a list of mortgage rates.

30 year jumbo mortgage rates are averaging 4.59%, an increase from yesterday’s average 30 year jumbo mortgage rate of 4.57%. 15 year jumbo mortgage rates are averaging 3.81%, down from yesterday’s average 15 year jumbo mortgage interest rate of 3.85%.

Mortgage Rates


Conforming Adjustable Mortgage Rates Currently Lower


1 year adjustable mortgage rates today are averaging 3.65%, up from last week’s average 1 year adjustable jumbo mortgage rate of 3.63%.

3 year adjustable mortgage rates are averaging 2.97%, down from last week’s average 3 year adjustable mortgage rate of 3.18%.

5 year adjustable mortgage rates are averaging 2.99%, down from the prior week’s average 5 year adjustable refi rate of 3.25%.

Current 7 year adjustable mortgage rates are averaging 3.30%, up from the previous week’s average 7 year adjustable mortgage rate of 3.24%.

10 year adjustable mortgage rates currently are averaging 3.59%, an increase from last week’s average 10 year adjustable rate of 3.55%.

Adjustable Jumbo Mortgage Rates Currently Lower


Current 1 year jumbo adjustable mortgage rates are at 4.05%, unchanged from last week’s average adjustable jumbo mortgage rate.

3 year adjustable jumbo mortgage rates today are averaging lower at 3.55%, up from last week’s average 3 year jumbo adjustable rate of 3.39%.

5 year adjustable jumbo mortgage rates currently are averaging 3.21%, up from last week’s average jumbo adjustable mortgage loans rate of 3.10%.

7 year jumbo adjustable mortgage home loan rates today are averaging 3.54%, up from last week’s average 7 year adjustable home mortgage rate of 3.42%.

10 year jumbo home loan mortgage rates are averaging 3.89%, down from the prior week’s average 10 year jumbo mortgage rates of 3.94%.

Currrent Conventional Interest Only Adjustable  Mortgage Rates


3 year interest only adjustable mortgage rates and are averaging 3.21%, up from last week’s average interest only mortgage refinance rate of 3.43%.

5 year IO adjustable loan mortgage rates are averaging 3.23%, up from last week’s average five year interest only home refinance rate of 3.18%.

7 year interest only adjustable loan mortgage rates are averaging 3.49%, up from last week’s average 7 year interest-only refinance rates of 3.36%.

Jumbo Interest Only Mortgage Rates 


Today’s 3 year jumbo mortgage rates are averaging 3.76%, up from last week’s average jumbo adjustable interest only refinance rate of 3.54%.

Current 5 year adjustable jumbo interest only mortgage rates are averaging 3.46%, down from last week’s average IO home refinance mortgage rate of 3.47%.

Today’s 7 year jumbo interest only adjustable mortgage interest rates are averaging 3.73%, up from last week’s average jumbo 7 year home refinance loan rate of 3.67%.




 
 
Author: Brian McKay
October 8th, 2011