Mortgage Rate Trends

Each week, Freddie Mac releases their Primary Mortgage Market Survey® (PMMS®) results from surveying mortgage lenders across the US. Included in these results are average interest rates for both 30-year and 15-year fixed rate mortgages. This survey is considered a reliable source for tracking mortgage rate trends and is used as a barometer for what you can expect when you apply for a mortgage. Note though that these numbers are only averages and not indicative of any specific lender's rates.


Mortgage Rate Averages from December 1, 2016 to May 11, 2017

Mortgage Rates

Compare current rates from lenders. Enter a zip code when creating an amortization schedule to see providers specific to your area.

Criteria: 30 Year Fixed Mortgage, $250,000 purchase, Zip Code 94105, All Points, Credit Score 740+, 20% down payment

NMLS #: 898791
$1175.59
per month
APR: 3.926%
Rate: 3.875%
Thu May 25
Fees: $1545
Points: 0
60 day rate lock
Next

NMLS #: 1071 | State Lic #: 4130675
$1122.61
per month
APR: 3.647%
Rate: 3.500%
Thu May 25
Fees: $1743
Points: 1
30 day rate lock
Next

NMLS #: 1838 | State Lic #: CFL Lic 603J352
$1192.1
per month
APR: 3.990%
Rate: 3.990%
Thu May 25
Fees: $0
Points: 0
30 day rate lock
Next

NMLS #: 1071 | State Lic #: 4130675
$1157.79
per month
APR: 3.778%
Rate: 3.750%
Thu May 25
Fees: $618
Points: 0
30 day rate lock
Next

NMLS #: 412915
$1211.62
per month
APR: 4.201%
Rate: 4.125%
Thu May 25
Fees: $2265.25
Points: 0
60 day rate lock
Next

NMLS #: 1023
$1140.13
per month
APR: 3.750%
Rate: 3.625%
Thu May 25
Fees: $1315
Points: 1
45 day rate lock
Next

NMLS #: 240415 | State Lic #: 01525044
$1140.13
per month
APR: 3.716%
Rate: 3.625%
Thu May 25
Fees: $2523
Points: 0
30 day rate lock
Next

NMLS #: 240415 | State Lic #: 01525044
$1157.79
per month
APR: 3.779%
Rate: 3.750%
Thu May 25
Fees: $898
Points: 0
30 day rate lock
Next

NMLS #: 790396
$1175.59
per month
APR: 3.875%
Rate: 3.875%
Thu May 25
Fees: $0
Points: 0
30 day rate lock
Next

NMLS #: 1549460 | State Lic #: 60DBO62505
$1122.61
per month
APR: 3.663%
Rate: 3.500%
Thu May 25
Fees: $2239
Points: 1
30 day rate lock
Next

NMLS #: 2890 | State Lic #: 413-0477
$1140.13
per month
APR: 3.700%
Rate: 3.625%
Thu May 25
Fees: $2061
Points: 0
30 day rate lock
Next

NMLS #: 1504620
$1157.79
per month
APR: 3.750%
Rate: 3.750%
Thu May 25
Fees: $0
Points: 0
30 day rate lock
Next

NMLS #: 3294 | State Lic #: 4130479
$1157.79
per month
APR: 3.781%
Rate: 3.750%
Thu May 25
Fees: $950
Points: 0
30 day rate lock
Next

NMLS #: 1023
$1157.79
per month
APR: 3.750%
Rate: 3.750%
Thu May 25
Fees: $0
Points: 0
45 day rate lock
Next

NMLS #: 1071 | State Lic #: 4130675
$1175.59
per month
APR: 3.875%
Rate: 3.875%
Thu May 25
Fees: $0
Points: 0
30 day rate lock
Next

NMLS #: 2890 | State Lic #: 413-0477
$1122.61
per month
APR: 3.644%
Rate: 3.500%
Thu May 25
Fees: $1674
Points: 1
30 day rate lock
Next

NMLS #: 790396
$1157.79
per month
APR: 3.866%
Rate: 3.750%
Thu May 25
Fees: $1012
Points: 1
30 day rate lock
Next

NMLS #: 1549460 | State Lic #: 60DBO62505
$1140.13
per month
APR: 3.735%
Rate: 3.625%
Thu May 25
Fees: $3103
Points: 0
30 day rate lock
Next

NMLS #: 7706
$1157.79
per month
APR: 3.786%
Rate: 3.750%
Thu May 25
Fees: $0
Points: 0
30 day rate lock
Next

NMLS #: 790396
$1140.13
per month
APR: 3.877%
Rate: 3.625%
Thu May 25
Fees: $2602
Points: 2
30 day rate lock
Next

NMLS #: 134407 | State Lic #: 4131180
$1157.79
per month
APR: 3.750%
Rate: 3.750%
Thu May 25
Fees: $0
Points: 0
45 day rate lock
Next

NMLS #: 1558823 | State Lic #: 60DBO62886
$1175.59
per month
APR: 3.875%
Rate: 3.875%
Thu May 25
Fees: $0
Points: 0
30 day rate lock
Next

NMLS #: 7706
$1193.54
per month
APR: 4.000%
Rate: 4.000%
Thu May 25
Fees: $0
Points: 0
30 day rate lock
Next

NMLS #: 424182
$1175.59
per month
APR: 3.875%
Rate: 3.875%
Thu May 25
Fees: $0
Points: 0
30 day rate lock
Next

NMLS #: 1023
$1105.24
per month
APR: 3.661%
Rate: 3.375%
Thu May 25
Fees: $3712
Points: 2
45 day rate lock
Next

NMLS #: 3294 | State Lic #: 4130479
$1122.61
per month
APR: 3.695%
Rate: 3.500%
Thu May 25
Fees: $950
Points: 2
30 day rate lock
Next

NMLS #: 3294 | State Lic #: 4130479
$1140.13
per month
APR: 3.738%
Rate: 3.625%
Thu May 25
Fees: $950
Points: 1
30 day rate lock
Next

NMLS #: 1549460 | State Lic #: 60DBO62505
$1175.59
per month
APR: 3.875%
Rate: 3.875%
Thu May 25
Fees: $0
Points: 0
30 day rate lock
Next

NMLS #: 1558823 | State Lic #: 60DBO62886
$1157.79
per month
APR: 3.821%
Rate: 3.750%
Thu May 25
Fees: $1920
Points: 0
30 day rate lock
Next

NMLS #: 240415 | State Lic #: 01525044
$1122.61
per month
APR: 3.657%
Rate: 3.500%
Thu May 25
Fees: $2056
Points: 1
30 day rate lock
Next

NMLS #: 2890 | State Lic #: 413-0477
$1157.79
per month
APR: 3.783%
Rate: 3.750%
Thu May 25
Fees: $995
Points: 0
30 day rate lock
Next

$1175.59
per month
APR: 3.920%
Rate: 3.875%
Thu May 25
Fees: $1365
Points: 0
30 day rate lock
Next
San Diego County Credit Union
$1266.71
per month
APR: 4.560%
Rate: 4.500%
Wed May 24
Fees: $499
Points: 0
60 day rate lock
First Tech Credit Union
$1211.62
per month
APR: 4.155%
Rate: 4.125%
Wed May 24
Fees: $898.5
Points: 0
30 day rate lock
IAB Financial Bank
$1229.85
per month
APR: 4.278%
Rate: 4.250%
Wed May 24
Fees: $828
Points: 0
30 day rate lock
Union Bank
$1211.62
per month
APR: 4.193%
Rate: 4.125%
Wed May 24
Fees: $771
Points: 0
60 day rate lock
Comerica Bank
$1215.26
per month
APR: 4.153%
Rate: 4.150%
Mon May 22
Fees: $104.5
Points: 0
60 day rate lock
Sterling Bank and Trust
$1193.54
per month
APR: 4.056%
Rate: 4.000%
Wed May 24
Fees: $1048
Points: 0
30 day rate lock
HSBC Bank USA, N.A.
$1203.65
per month
APR: 4.093%
Rate: 4.070%
Wed May 24
Fees: $704.5
Points: 0
60 day rate lock
Star One Credit Union
$1175.59
per month
APR: 3.878%
Rate: 3.875%
Mon May 22
Fees: $105
Points: 0
45 day rate lock
Schools First FCU
$1193.54
per month
APR: 4.033%
Rate: 4.000%
Mon May 22
Fees: $995
Points: 0
45 day rate lock
Raymond James Bank, NA
$1229.85
per month
APR: 4.296%
Rate: 4.250%
Tue May 23
Fees: $1354
Points: 0
45 day rate lock
Bank of the West
$1175.59
per month
APR: 3.953%
Rate: 3.875%
Tue May 23
Fees: $792.95
Points: 0
60 day rate lock
Far East National Bank
$1229.85
per month
APR: 4.275%
Rate: 4.250%
Mon May 22
Fees: $751
Points: 0
45 day rate lock
Bank of America
$1193.54
per month
APR: 4.076%
Rate: 4.000%
Wed May 24
Fees: $1401
Points: 0
45 day rate lock
LincolnWay Community Bank
$1193.54
per month
APR: 4.036%
Rate: 4.000%
Tue May 23
Fees: $1085
Points: 0
30 day rate lock
Rates were collected by Bankrate.com on the dates specified. Rates are subject to change without notice and may vary from branch to branch. APR and Payment examples shown do not include amounts for taxes and insurance premiums. The monthly payment obligation will be greater if taxes and insurance are included. These quotes are from banks, thrifts, and brokers, some of whom have paid for a link to their own Web site, where you can find additional information. Many lenders have different rates on their own Websites than those posted on Bankrate.com. Please identify yourself as a Bankrate consumer to lenders to ensure you get the Bankrate.com rate. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the lender you choose, please click here.

30-Year Mortgage Costs

Based on the current 30-year mortgage rate average (4.02%), below are expected monthly payments for a home purchase based on a down payment amount. Click on the monthly payment to view the total interest and amortization schedule.

 Monthly Payments
Home Price0% Down10% Down20% Down
$100,000$478.57$430.71$382.86
$150,000$717.85$646.07$574.28
$200,000$957.14$861.42$765.71
$250,000$1,196.42$1,076.78$957.14
$300,000$1,435.71$1,292.14$1,148.57
$350,000$1,674.99$1,507.49$1,339.99
$400,000$1,914.28$1,722.85$1,531.42
$450,000$2,153.56$1,938.20$1,722.85
$500,000$2,392.85$2,153.56$1,914.28
$550,000$2,632.13$2,368.92$2,105.70
$600,000$2,871.41$2,584.27$2,297.13
$650,000$3,110.70$2,799.63$2,488.56
$700,000$3,349.98$3,014.98$2,679.99
$750,000$3,589.27$3,230.34$2,871.41
$800,000$3,828.55$3,445.70$3,062.84
$850,000$4,067.84$3,661.05$3,254.27
$900,000$4,307.12$3,876.41$3,445.70
$950,000$4,546.41$4,091.77$3,637.12
$1,000,000$4,785.69$4,307.12$3,828.55

15-Year Mortgage Costs

Based on the current 15-year mortgage rate average (3.27%), below are expected monthly payments for a home purchase based on a down payment amount. Click on the monthly payment to view the total interest and amortization schedule.

 Monthly Payments
Home Price0% Down10% Down20% Down
$100,000$703.64$633.28$562.91
$150,000$1,055.46$949.92$844.37
$200,000$1,407.28$1,266.55$1,125.83
$250,000$1,759.10$1,583.19$1,407.28
$300,000$2,110.92$1,899.83$1,688.74
$350,000$2,462.74$2,216.47$1,970.20
$400,000$2,814.56$2,533.11$2,251.65
$450,000$3,166.39$2,849.75$2,533.11
$500,000$3,518.21$3,166.39$2,814.56
$550,000$3,870.03$3,483.02$3,096.02
$600,000$4,221.85$3,799.66$3,377.48
$650,000$4,573.67$4,116.30$3,658.93
$700,000$4,925.49$4,432.94$3,940.39
$750,000$5,277.31$4,749.58$4,221.85
$800,000$5,629.13$5,066.22$4,503.30
$850,000$5,980.95$5,382.86$4,784.76
$900,000$6,332.77$5,699.49$5,066.22
$950,000$6,684.59$6,016.13$5,347.67
$1,000,000$7,036.41$6,332.77$5,629.13