Mortgage rates are remaining on Monday for the third day in a row after a short spike last week. On Monday, the best execution rate for a 30-year fixed-rate mortgage is 3.75%. Most major lenders are quoting 5-year ARMs at 2.75% to 3.25%.
Wells Fargo Mortgage Rates
The best rate at Wells Fargo for a 30-year fixed loan is 3.875% with an APR of 3.925%. Buyers can lock into a 15-year fixed mortgage at 3.125% today with a 3.194% APR. Wells Fargo advertises the popular 5/1 adjustable rate mortgage with a starting interest rate of 3.250%. A 30-year VA loan is quoted today at 3.500% with a 3.786% APR while the FHA loan is advertised at a higher 3.750% with an APR of 4.785%.
Jumbo loan borrowers can secure the lowest interest rates at Wells Fargo. A 30-year jumbo loan is quoted at 3.625%, lower than the conforming rate, while a 15-year jumbo mortgage is advertised at 3.375% on Monday.
Refi rates have edged higher this week. The standard 30-year fixed refinance loan is published with a 4.00% interest rate and a 4.027% APR. The more popular 15-year refi mortgage is published at 3.125% with a 3.225% APR. Wells Fargo advertises a 30-year jumbo refi loan at the same 4.000% rate as a conforming refi loan.
Capital One Mortgage Rates
Capital One offers among the most competitive interest rates for well-qualified buyers. A 30-year fixed mortgage is advertised on Monday with a 3.625% interest rate and a 3.676% APR. A 15-year home loan is available with a rate as low as 3.000% and a 3.090% APR. Buyers can lock into a 5/1 ARM at 2.750% to start or a 7/1 ARM with a 3.000% starting interest rate.
Jumbo loan borrowers can secure a 30-year fixed loan at 3.500% today with a 3.521% APR. A 15-year jumbo mortgage is advertised with a 3.125% interest rate and a 3.162% APR. A 5/1 jumbo ARM is quoted at 2.500% to start.
Today’s SunTrust Mortgage Rates
On Monday, SunTrust advertises a 30-year conforming loan at 3.800% with a 3.876% APR. The 15-year conforming mortgage is quoted at 3.100% with an APR of 3.220%. Buyers interested in greater flexibility and the lowest possible payment can lock into a 5/1 ARM with a starting interest rate of 3.300% or a 7/1 adjustable rate loan with a 3.400% starting rate.
SunTrust advertises the 30-year VA mortgage with a 3.625% interest rate and an APR of 3.817%. A 30-year fixed FHA mortgage is published at 3.600% with a 4.678% APR. Jumbo loan borrowers can lock into a 30-year jumbo loan at 4.125% today with a 4.167% APR.
The interest rates mentioned within the article are subjected to change without any guarantee and are up-to-date at the time of publishing of the article. For the latest interest rates, make sure to check the current values.