Refinance Rates Mixed This Week: 15 Year Refinance Rates at 3.24%

Refinance rates are mixed this week as 30 year refinance rate moved slightly higher from last week's record low refinance rate. Current refinance rates on 30 year mortgage loans are averaging 3.90%, an increase from last week's average 30 year refinance rate of 3.89%. Today's refinance rates on 15 year refinance loans are averaging 3.24%, down from last week’s average 15 year refinance rate of 3.35%.

Compare refinance rates from many lenders by using our refinance rate table here: MonitorBankRates.com/Mortgages. Unlike most websites, no personal information is needed to view a list of refinance rates.

Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
in 23223, 2, 740    Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
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
4.325%
4.125%
USD
Quicken Loans NMLS #3030 Logo
NMLS # 3030
12/13/2019
at 2.000 pts
45 day lock rate
Est payment: $1,454
Fees in APR: $7,250
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
4.072%
3.875%
USD
Rocket Mortgage Logo
NMLS # 3030
12/13/2019
at 2.000 pts
45 day lock rate
Est payment: $1,411
Fees in APR: $7,250
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
4.325%
4.125%
USD
Quicken Loans NMLS #3030 Logo
NMLS # 3030
12/13/2019
at 2.000 pts
45 day lock rate
Est payment: $1,454
Fees in APR: $7,250
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
4.072%
3.875%
USD
Rocket Mortgage Logo
NMLS # 3030
12/13/2019
at 2.000 pts
45 day lock rate
Est payment: $1,411
Fees in APR: $7,250
From the lender: We can close your loan in less than a month!
 

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.






Refinance rates currently on 30 year jumbo loans are averaging 4.37%, down from last week’s average 30 year jumbo refinance rate of 4.43%. Refinance rates today on 15 year jumbo home loans are averaging 3.72%, a decline last week’s average 15 year jumbo refinance rate of 3.75%.

Refinance Rates


Conforming Adjustable Loans – Today's Refinance Rates


1 year adjustable refinance rates current are averaging 3.62%, down from last week’s average 1 year adjustable jumbo refinance rate of 3.63%.

3 year adjustable refinance rates current are averaging 2.47%, down from last week’s average 3 year adjustable refinance rate of 2.54%.

5 year adjustable refinancing rates are averaging 2.62%, a decline from the prior week’s average 5 year adjustable refinance rate 2.83%.

Current 7 year adjustable refi rates are averaging 2.96%, an increase from the previous week’s average 7 year adjustable refinance rate of 2.91%.

10 year adjustable refi rates currently are averaging 3.48%, a decline from last week’s average 10 year adjustable rate of 3.50%.

Adjustable Jumbo Home Loans – Current Refinance Interest Rates


Current 1 year adjustable jumbo 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 3.35%, a decline from last week’s average 3 year jumbo adjustable refinance rate of 3.36%.

5 year adjustable jumbo refinance rates currently are averaging 2.86%, down from last week’s average jumbo adjustable refinance loans rate of 3.00%.

7 year jumbo adjustable refinance home loan rates today are averaging 3.46%, a decline from last week’s average 7 year adjustable refinance home rate of 3.47%.

10 year jumbo home refinance rates are averaging 3.73%, down from the prior week’s average 10 year jumbo refinance rates of 3.81%.

Conventional Adjustable IO Adjustable Loans – Current Refinance Rates


3 year interest only adjustable refinance rates and are averaging 3.11%, down from last week’s average interest only refinance rate of 3.21%.

5 year IO adjustable loan refinance rates today are averaging 2.89%, unchanged from last week’s average five year interest only home refinance rate.

7 year interest only adjustable loan refinance rates are averaging 3.19%, up from last week’s average 7 year interest-only refinance rates of 3.16%.

Adjustable IO Jumbo Loans – Refinance Rates Today


Today’s 3 year jumbo refinancing rates are averaging 3.64%, a decline from last week’s average jumbo adjustable interest only refinance rate of 3.66%.

Current 5 year adjustable jumbo interest only refinance rates are averaging 3.33%, down from last week’s average IO home refinance rate of 3.38%.

Today’s 7 year jumbo interest only adjustable refinance rates are averaging 3.61%, down from last week’s average jumbo 7 year home refinance  loan rate of 3.64%.

Refinance Rate Calculator


Monitor Bank Rates offers a free refinance rate calculator with taxes and PMI you can use to calculate how much home you can afford. You can find the refinance calculator under our “Calculators” section.

Free Refinance Rates Widget


Monitor Bank Rates also offers a refinance rates widget including state average refinance rates that are automatically updated daily. Our refinance rate widgets are free for anyone to use on their website, you can find the refinance rate widgets under our “Widgets” section.
 
 
Author: Brian McKay
January 9th, 2012
Posted in: Mortgage Rates