Current Rates
Today's Mortgage Rates
You'll see rates everywhere on the internet, but they're all riddled with assumptions. YOUR rate is the rate that YOU choose – and the reality is you have many rates available to you.
| Loan Type | 30-Year | 15-Year | 10-Year |
|---|---|---|---|
Conventional | 6.875% APR 6.995% | 6.125% APR 6.285% | 5.875% APR 6.095% |
FHA | 6.750% APR 7.125% | 6.000% APR 6.395% | 5.750% APR 6.195% |
Jumbo | 7.125% APR 7.215% | 6.625% APR 6.745% | 6.375% APR 6.525% |
These rates and APRs are blurred because they don't represent YOUR unique situation. Your actual rate depends on credit score, down payment, property type, loan purpose, and many other factors.
Don't trust what you see online; talk to an expert and get a REAL quote.
Every borrower's scenario is different, which is why we provide personalized rate quotes rather than generic numbers.
Factors That Affect YOUR Rate
Credit Score
Higher scores unlock better rates. Even a 20-point difference can impact your rate.
Down Payment Amount
5%, 10%, 20% or more? Each tier can mean different rates and loan options.
Property Type
Single family, condo, multi-unit? Each property type has different rate adjustments.
Points vs. No Points
Pay points for a lower rate or get credits for a higher rate – you choose.
Cash at Closing
Need less cash upfront? We can structure your rate to reduce closing costs.
Loan Purpose
Purchase, rate/term refinance, or cash-out? Each has different pricing.
Occupancy Type
Primary home, second home, or investment? Rates vary by how you'll use it.
Loan Program
Conventional, FHA, VA, Jumbo – each program has unique rates.
Debt-to-Income Ratio
Your monthly debts vs. income affects loan pricing and available options.
You Have Many Rate Options
Here's an example of the different rates available for the same loan scenario:
| Rate | APR | Points | Cash at Closing | Monthly Payment |
|---|---|---|---|---|
| 6.500% | 6.625% | -1.00 (Credit) | $68,500 | $2,212 |
| 6.250% | 6.395% | 0.00 | $72,000 | $2,155 |
| 6.000% | 6.185% | 1.00 | $75,500 | $2,098 |
| 5.750% | 5.985% | 2.00 | $79,000 | $2,043 |
*Example based on $350,000 loan amount. Your options will vary based on your specific situation.
Higher Rate Options
The lender gives you money to take this rate (credits). You get cash back at closing but pay a higher interest rate over the life of the loan.
Lower Rate Options
You pay the lender extra fees to get this rate. Higher upfront costs but lower monthly payments and less interest over time.
More Ways to Customize Your Mortgage
With so many knobs and dials available, you can truly build your own loan. Here are just a few more options:
Buydown Options
Temporarily reduce your rate with programs like our 3-2-1 Buydown or 2-1 Buydown. Start with lower payments that gradually increase as your income grows.
Term Selection
Choose from 30-year, 15-year, 10-year fixed rates, or even adjustable-rate mortgages. Each term offers different monthly payments and total interest costs.
Get YOUR Personalized Rate Options
Build Your Own Loan
Stop guessing what your rate might be. Let's review your specific situation and show you all your options – with no obligation. Together, we'll build your own loan with the perfect combination of rate, terms, and features for your unique needs.