Current mortgage rates at the nation’s top lenders for this Monday are holding steady from last week. The 30 year fixed mortgage national average is 3.90% and the 15-year mortgage is 3.18%.
The 5-year adjustable-rate mortgage (ARM) average is 3.14% and 1 year ARM is 2.68%. The average 30-year fixed FHA loan rate is 3.60% and jumbo loan rate for the 30-year is 4.24%.
Today at Bank of America, the 30-year fixed mortgage is 3.75% and the 15-year mortgage is 3.00%. The 10/1 ARM is 3.375% and the 5/1 ARM is 2.875%.
The 30 year fixed purchase mortgage rate at Wells Fargo is 4.00% and the 15-year fixed is 3.375%. The 30-year refinance rate is 4.125% and the 15-year mortgage is 3.375%.
Chase Mortgage’a 30-year fixed mortgage rate is 3.75% and the 15 year is 3.00%. 30-year fixed mortgage refinance rates are at 3.75% and the 15-year fixed is at 3.00%.
The rates quoted above can change at any time and are not guaranteed. If you would like a live rate quote and/or to discuss other possible mortgage options, please call me, Erik Sandstrom, at 1-800-779-4547; or email me at Erik.Sandstrom@PrimeLending.com.