Mortgage rates are slowly edging higher, although they end the week slightly lower than on Monday. The average rate for a 30-year conventional fixed rate loan was 3.625% on Friday, but some lenders are offering lower rates.
Capital One Mortgage Rates
While best known as a credit card issuer, Capital One Bank does offer home loans and refinances throughout the U.S. The best rate today for the benchmark 30-year fixed mortgage is 3.625% with a 3.676% APR. A shorter-term 15-year fixed home loan is published at 3.000% with a 3.090% APR. Buyers can lock into a 5/1 ARM today at 2.875% with an APR of 3.260%.
Buyers who want to refinance at Capital One can lock into a 30-year fixed refi loan at 3.750% with a 3.802% APR. The popular 15-year refinance home loan is published at 3.000% with a 3.109% APR. Capital One published the 5/1 adjustable rate refinance mortgage with a starting interest rate of 3.000% and a 3.294% APR. The 7/1 refi ARM is quoted at 3.250% with an APR of 3.358%.
HSBC Mortgage Rates
The best rate on the benchmark 30-year fixed loan at HSBC is 3.75% with a 3.834% APR. A 15-year fixed mortgage is quoted at 3.21% with an APR of 3.355%. A Community Works 30-year fixed mortgage is advertised at 3.50% with a 3.582% APR. Buyers can lock into a 30-year SONYMA loan at 4.0% with an APR of 4.086%. HSBC also offers adjustable rate mortgages. A 5/1 ARM is quoted at 3.25% today with an APR of 3.421%. A 7/1 adjustable rate loan is quoted at 3.25% with an APR of 3.397%. Conforming mortgage rates at HSBC are based on a $150,000 loan.
HSBC offers Advance Deluxe Mortgages to borrowers with an HSBC Advance checking account who maintain a balance of at least $10,000. These loans include a rate discount option and assume a loan of more than $417,000. A 30-year fixed mortgage is published at 3.761% with an APR of 3.799%. A 15-year fixed mortgage is quoted today at 3.496% with an APR of 3.563%. A 5/1 ARM for Advance Deluxe borrowers is published at 2.787% to start with an APR of 3.205%.
The best rates at HSBC are reserved for Premier Deluxe borrowers who have an HSBC Premier checking account and maintain a balance of at least $100,000. Premier Deluxe borrowers can lock into a 30-year fixed mortgage at a low rate of 3.511% with an APR of 3.548%. A 5/1 ARM is quoted at 2.537% to start with a 3.119% APR.
Today’s Wells Fargo Mortgage Rates
Well’s Fargo offers a wide range of mortgage options, and it’s one of the biggest jumbo loan providers in the country. The benchmark 30-year fixed mortgage is quoted today at 3.750% with an APR of 3.844%. A 30-year FHA mortgage is published with an interest rate of 3.875% and an APR of 4.926%. Buyers can lock into a 15-year conforming loan at 3.125% with a 3.255% APR. The popular 7/1 ARM is quoted at Wells Fargo with an interest rate of 3.500% on Friday with a 3.483% APR.
Wells Fargo offers larger conforming loans in designated high-cost areas. A larger 30-year fixed mortgage is published at 3.875% today with a 3.895% APR. The larger 30-year FHA mortgage is quoted at 3.875% with an APR of 4.887%. Buyers can lock into a larger 7/1 adjustable rate mortgage with an interest rate of 3.625% to start.
A 30-year fixed jumbo loan at Wells Fargo is available with an interest rate as low as 3.500% with an APR of 3.513%. A 7/1 jumbo ARM is quoted at 2.750% to start with a 3.113% APR.