Lowest Mortgage Intrest Rates

Now offering 97% financing for First-Time Homebuyers and Home Ready programs on Conforming Fixed Rate Product. For home purchases or refinancing.

When you compare mortgage rates, you’ll see how the lower the interest rate you pay on your home loan, the more you can save in home loan interest charges over time. For example, imagine you have 20 years left on your mortgage and you refinance from a home loan with an interest rate of 4.50% to one at 4.00%.

The decline sent average long term mortgage rates down 100 basis points in a matter of weeks. Current 30-year mortgage rates are averaging 3.74 percent and 15-year mortgage rates are averaging 3.21 percent. As you can see, current mortgage rates are well below levels from earlier this year and current rates are also at lows for 2019.

Interest Rate History Us The prime rate is defined by The Wall Street Journal (WSJ) as "The base rate on corporate loans posted by at least 75% of the nation’s 30 largest banks." It is not the ‘best’ rate offered by banks. HSH uses the print edition of the WSJ as the official source of the prime rate.

Compare today's mortgage rates and see how it affects your monthly and interest payments. Find the cheapest interest rate for your mortgage.