Refinance Rates Drop: 30 Year Mortgage Refinance Rates at 4.02%

Refinance rates dropped today following 10 year bond yields lower which moved below 2.00% yesterday. Refinance rates will increase tomorrow since 10 year bond yields today are back above 2.00% at 2.05%. Current refinance rates on 30 year loans are averaging 4.02%, down from Wednesday's average 30 year refinance rate of 4.09%. Mortgage refinance rates on 15 year loans are averaging 3.29%, a decline from yesterday's average 15 year refinance rate of 3.36%.

Search and compare refinance rates from many lenders by using our refinance rate table here: Refinance Rates. Unlike most websites, no personal information is needed to view a list of current refinance rates.

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 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 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
 
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 HighTechHomeLoans
HighTechHomeLoans
https:https://mortgagerates.icanbuy.com/images/lenderslogos/112330.gif
300000
Purchase
3.526%
3.375%
USD
HighTechHomeLoans Logo
NMLS # 7147
State Lic # 4130937
10/21/2019
at 1.750 pts
30 day lock rate
Est payment: $1,327
Fees in APR: $5,704
HighTechLending is Here To Help
 
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 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 Interest Smart Home Loans
Interest Smart Home Loans
https:https://mortgagerates.icanbuy.com/images/lenderslogos/112369.gif
300000
Purchase
3.702%
3.500%
USD
Interest Smart Home Loans Logo
NMLS # 1157416
10/21/2019
at 2.000 pts
30 day lock rate
Est payment: $1,348
Fees in APR: $7,618
SPEAK WITH ONE OF OUR LICENSED MORTGAGE BANKERS NOW!
 

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.






30 year jumbo refinance rates are averaging 4.45%, a decrease from yesterday's average 30 year jumbo refinancing rate of 4.48%. The spread between 30 year conforming refinance rates and 30 year jumbo refinance rates is only 0.43%. During the financial crisis the spread was more than1.50%. 15 year jumbo refinance mortgage rates are averaging 3.70%, an increase from yesterday's average 15 year jumbo refi rate of 3.68%.

Refinance Rates


Conforming Adjustable Loan – Refinance Rates Today


1 year adjustable refinance rates today are averaging 3.74%, down from last week’s average 1 year adjustable jumbo refinance rate of 3.79%.

Today's refinance rates on 3 year adjustable loans are averaging 2.74%, an increase from last week’s average 3 year adjustable refinance rate of 2.60%.

5 year adjustable refinancing rates are averaging 2.73%, a decrease from the prior week’s average 5 year adjustable refinance rate of 2.78%.

Current 7 year adjustable refi rates are averaging 3.03%,  a decline from the previous week’s average 7 year adjustable refinancing  rate of 3.12%.

10 year adjustable refi rates currently are averaging 3.53%, down from last week’s average 10 year adjustable rate of 3.60%.

Adjustable Jumbo Refi Loans –Current Refinance Rates


Current 1 year jumbo adjustable refinance rates are at 4.50%, unchanged from last week’s average adjustable jumbo refinance rate.

3 year adjustable jumbo refinance rates today are averaging lower at 3.46%, up from last week’s average 3 year jumbo adjustable refinance rate of 3.42%.

5 year adjustable jumbo refinance rates currently are averaging 2.94%, down last week’s average jumbo adjustable refinance loans rate of 3.03%.

7 year jumbo adjustable refinance home loan rates today are averaging 3.44%, down change from last week’s average 7 year adjustable refinance home rate of 3.57%.

10 year jumbo home refinance rates are averaging 3.95%, down from the prior week’s average 10 year jumbo refinance rates of 3.97%.

Conforming Adjustable Interest Only Adjustable Refinance Loans – Today's Refinance Rates


3 year interest only adjustable refinance rates and are averaging 2.87%, up from last week’s average interest only refinance rate of 2.85%.

5 year IO adjustable loan refinance rates today are averaging 2.84%, a decline from last week’s average five year interest only home refinance rate of 2.93%.

7 year interest only adjustable loan refinance rates are averaging 3.16%, a decline from last week’s average 7 year interest-only refinance rates of 3.44%.

Adjustable Interest Only Jumbo Loans – Refinance Rates Current


Today’s 3 year jumbo refinancing rates are averaging 3.65%, up from last week’s average jumbo adjustable interest only refinance rate of 3.58%.

Current 5 year adjustable jumbo interest only refinance rates are averaging 3.38%, down from last week’s average IO home refinance rate of 3.43%.

Today’s 7 year jumbo interest only adjustable refinance rates are averaging 3.65%, down from last week’s average jumbo 7 year home refinance loan rate of 3.79%.
 
 
Author: Robert Till
November 10th, 2011
Posted in: Mortgage Rates