Current mortgage rates at some of the nation’s top lenders for this Tuesday morning are mostly on the rise after the Memorial Day weekend.┬áThe national average for the 30 year fixed mortgage rate is 4.02% and the 15-year mortgage is 3.19%.

The 5-year adjustable-rate mortgage (ARM) average is 3.07% and 1 year ARM is 2.60%. The average 30-year fixed FHA loan rate is 3.75% and the 30 year fixed jumbo loan rate is 4.31%.

Bank of America’s 30-year fixed mortgage is 4.00%, and the 15-year mortgage is 3.25%. The 10/1 ARM is 3.375% and the 5/1 ARM is 2.75%.

Wells Fargo is reporting the 30-year fixed rate 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%.

The 30-year fixed purchase mortgage rate at Chase is 3.875% and the 15 year is 3.125%. 30-year fixed mortgage refinance rates are at 3.875% and the 15-year fixed is at 3.125%.

The mortgage rates above are directly from the lender’s website and can change at any time. They 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

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Erik Sandstrom
LoanSafe's Mortgage Expert
I'm a Senior Loan Officer and LoanSafe mortgage expert. If you need a live rate quote, or need help getting a new mortgage, please call me direct anytime at 619-379-8999.