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          Current Mortgage and Refinance Rates

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          Use annual percentage rate APR, which includes fees and costs, to compare rates across lenders. Rates and APR below may include up to .50 in discount points as an upfront cost to borrowers and assume no cash out. Select product to see detail. Use our Compare Home Mortgage Loans Calculator for rates customized to your specific home financing need.

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          Annual Percentage Rate (APR)

          The cost to borrow money expressed as a yearly percentage. For mortgage loans, excluding home equity lines of credit, it includes the interest rate plus other charges or fees. For home equity lines, the APR is just the interest rate.

          Interest Rate

          The cost a customer pays to a lender for borrowing funds over a period of time expressed as a percentage rate of the loan amount.

          Conventional Conforming Mortgage

          Conventional home mortgages eligible for sale and delivery to either the Federal National Mortgage Association (FNMA) or the Federal Home Loan Mortgage Corporation (FHLMC).

          Government

          A loan that is either backed by the Federal Housing Administration (FHA) or a VA loan for eligible service members and veterans.

          Larger Loan Amounts in Eligible Areas

          In federally designated metropolitan areas, conventional and government loan limits have been increased to assist homebuyers.

          Jumbo

          A loan that exceeds Fannie Mae's and Freddie Mac's loan limits. Also called a non-conforming loan.

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