Here are 16 questions to ask a mortgage lender that will ensure you get the right loan type, lowest mortgage rate, and best overall deal on your home loan.
Today’s mortgage and refinance rates Average mortgage rates held steady yesterday. And conventional loans today start at 3.063% (3.063% APR) for a 30-year, fixed-rate mortgage. Markets drooped during yesterday as […]
After exiting mortgage forbearance, it’s possible to refinance for a lower interest rate and monthly payment. But there are special rules to be aware of.
Average mortgage rates held steady yesterday. And conventional loans today start at 3.063% (3.063% APR) for a 30-year, fixed-rate mortgage.
Markets drooped during yesterday as investors saw their early hopes for a new stimulus package melting away. Today’s looking much the same — and still over the same stimulus. Will the early optimism last in coming hours? Or will it again dissipate?
Find and lock a low rate (Oct 20th, 2020)| Program | Mortgage Rate | APR* | Change |
|---|---|---|---|
| Conventional 30 year fixed | |||
| Conventional 30 year fixed | 3.063% | 3.063% | Unchanged |
| Conventional 15 year fixed | |||
| Conventional 15 year fixed | 3% | 3% | Unchanged |
| Conventional 5 year ARM | |||
| Conventional 5 year ARM | 3% | 2.743% | Unchanged |
| 30 year fixed FHA | |||
| 30 year fixed FHA | 2.25% | 3.226% | Unchanged |
| 15 year fixed FHA | |||
| 15 year fixed FHA | 2.25% | 3.191% | Unchanged |
| 5 year ARM FHA | |||
| 5 year ARM FHA | 2.5% | 3.239% | -0.01% |
| 30 year fixed VA | |||
| 30 year fixed VA | 2.938% | 3.115% | -0.06% |
| 15 year fixed VA | |||
| 15 year fixed VA | 2.25% | 2.571% | Unchanged |
| 5 year ARM VA | |||
| 5 year ARM VA | 2.5% | 2.419% | -0.01% |
| Your rate might be different. Click here for a personalized rate quote. See our rate assumptions here. | |||
A mortgage rate is the rate of interest charged by a mortgage lender. Mortgage rates can be either fixed (it stays the same for the term of the loan) or variable (the rate will adjust at some point during the term of the loan). Mortgage rates are determined by the lender and can vary depending on your unique situation — your credit score, loan term, and downpayment can all affect your mortgage rate.1
Here are 16 questions to ask a mortgage lender that will ensure you get the right loan type, lowest mortgage rate, and best overall deal on your home loan.
Today’s mortgage and refinance rates Average mortgage rates held steady yesterday. And conventional loans today start at 3.063% (3.063% APR) for a 30-year, fixed-rate mortgage. Markets drooped during yesterday as […]
After exiting mortgage forbearance, it’s possible to refinance for a lower interest rate and monthly payment. But there are special rules to be aware of.
Today’s mortgage and refinance rates Average mortgage rates inched higher last Friday, as we predicted. And conventional loans today start at 3.063% (3.063% APR) for a 30-year, fixed-rate mortgage. Current […]
Considering making the jump from renter to homeowner? This first time home buyer guide tells you what you need to know.
Today’s mortgage and refinance rates Average mortgage rates edged lower again yesterday. And conventional loans today start at 3.125% (3.125% APR) for a 30-year, fixed-rate mortgage. Yesterday’s suggestion from Freddie […]
It pays to shop around when you refinance. Learn about the eight best mortgage refinance companies and find out which one’s right for you.
Today’s mortgage and refinance rates Average mortgage rates held steady yesterday, as the hours in markets unfolded much as we’d predicted. And conventional loans today start at 2.75% (2.75% APR) […]
VA loan rates are typically the lowest on the market, even below FHA or conventional mortgage rates. Find out if you qualify for a low-rate VA loan.