Current mortgage rates for this Tuesday afternoon are mostly holding steady from yesterday’s report. The national average for the 30 year fixed mortgage is 3.90% and the average rate for the 15-year mortgage is 3.24%.
Rates for the 5-year adjustable-rate mortgage (ARM) are at 3.21% and 1 year ARM is 2.68%. The average 30-year fixed FHA loan rate is 3.78% and jumbo loan rate for the 30-year is 4.39%.
Bank of America’s 30-year fixed mortgage is 4.00% and the 15-year mortgage is lower as well to 3.50%. The 10/1 ARM is 3.50% and the 5/1 ARM is 3.25%.
Today at Wells Fargo, the 30-year fixed rate is 4.00% and the 15 year is 3.50%. The 30-year refinance rate is 4.125% and the 15-year mortgage is 3.50%.
The 30-year fixed purchase mortgage rate at Chase is 3.875% and the 15 year is 3.25%. 30-year fixed mortgage refinance rates are at 3.875% and the 15-year fixed is at 3.25%.
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 Erik.Sandstrom@PrimeLending.com.