Welcome to Sundance Realty - Joni McClintock CRS, ABR
Joni McClintock

Current Mortgage Rates – Mortgage Interest Rates Today

What is the current mortgage rate?

The average 30-year fixed mortgage rate is 4.73%, up from 4.58% last week. 15-year fixed mortgage rates increased to 4.16% from 4.02% this week. Additional mortgage rates can be found in the chart and graph below.
Today’s Mortgage Interest Rates
3-month trend 30-year fixed rate 15-year fixed rate 5/1 ARM 30-year jumbo
4/25/2018 4.73% 4.16% 4.10% 4.60%
4/18/2018 4.58% 4.02% 4.03% 4.51%
4/11/2018 4.53% 4.00% 4.06% 4.44%
4/4/2018 4.55% 4.01% 4.06% 4.43%
3/28/2018 4.54% 3.98% 4.00% 4.46%
3/21/2018 4.58% 4.00% 4.05% 4.55%
3/14/2018 4.54% 3.95% 4.04% 4.51%
3/7/2018 4.59% 4.00% 4.01% 4.53%
2/28/2018 4.57% 4.00% 4.00% 4.51%
2/21/2018 4.52% 3.94% 3.98% 4.51%

What is a good rate on a mortgage?

While what qualifies as a good mortgage rate is up for interpretation, a good rate would be one that is at least equal to the average rate for the mortgage type. Ideally, a good mortgage rate should be lower than the average rate. Find out how you can snag the best mortgage rate.

What is the APR on a mortgage?

The APR, or annual percentage rate, on a mortgage reflects the interest rate, as well as other costs such as broker fees, discount points and some closing costs. The APR is expressed as a percentage. Learn more about a mortgage’s APR, and how it differs from the interest rate.

What is the best credit score to get a mortgage?

A 760 credit score or higher generally will qualify you for the best mortgage rates. However, you don’t need excellent credit to qualify for a mortgage. It’s difficult but possible to get a mortgage with a credit score under 620. Find out more about how your credit score affects your mortgage rate.

Posted on April 30, 2018 at 7:50 pm by Joni McClintock

Leave a Comment