In recent months,
the average jumbo mortgage rate is on par with conforming rates.
Not exact matches
For
mortgage data, we create a quarterly average of mortgage rates from survey data published by Freddie Mac (conforming loans) and the Mortgage Bankers Association of America (jumbo loans) for a 30 - year, fixed - rate m
mortgage data, we create a quarterly
average of
mortgage rates from survey data published by Freddie Mac (conforming loans) and the Mortgage Bankers Association of America (jumbo loans) for a 30 - year, fixed - rate m
mortgage rates from survey data published by Freddie Mac (conforming loans) and the
Mortgage Bankers Association of America (jumbo loans) for a 30 - year, fixed - rate m
Mortgage Bankers Association of America (
jumbo loans) for a 30 - year, fixed -
rate mortgagemortgage.
Since around the middle of 2013,
jumbo mortgage products have come with lower interest
rates (on
average) than conforming loans.
The table below shows
average interest
rates as of 2018 for 15 - year conventional and
jumbo mortgages in several states.
The
average contract interest
rate for 30 - year fixed -
rate mortgages with
jumbo loan balances (greater than $ 417,000) decreased to its lowest level since January 2011, 3.70 percent, from 3.75 percent, with points increasing to 0.28 from 0.26 (including the origination fee) for 80 percent LTV loans.
The
average contract interest
rate for 30 - year fixed -
rate mortgages with
jumbo loan balances (greater than $ 453,100) increased to its highest level since April 2014, 4.47 percent, from 4.34 percent, with points increasing to 0.44 from 0.40 (including the origination fee) for 80 percent LTV loans.
The
average interest
rates on
jumbo mortgages are typically higher than those for conforming
mortgages as they generally are considered higher risk due to the larger amount of money that is being borrowed.
To put Zuckerberg's low
rate into perspective, the
average interest
rate for a 30 - year
jumbo mortgage that can adjust after one year is 2.76 percent, according to Bankrate.com.
Former Ditech executive, Jeff Morris, says «When the
average borrower with a
jumbo mortgage can qualify to refinance at a competitive interest
rate, I'll know we have turned the corner.»
Today, the
average annual percentage
rate (APR) for a
jumbo mortgage is often par with conventional
mortgages — and in some cases, actually lower.
Similarly, the
average contract interest
rate for 30 - year fixed -
rate mortgages with
jumbo loan balances (greater than $ 417,000) dipped to 3.76 % from 3.82 %.
The
average contract interest
rate for 30 - year fixed -
rate mortgages with
jumbo loan balances (greater than $ 417,000) increased to 3.66 percent from 3.61 percent, with points unchanged at 0.32 (including the origination fee) for 80 percent LTV loans.
The
average contract interest
rate for 30 - year fixed -
rate mortgages with
jumbo loan balances (greater than $ 424,100) increased to its highest level since April 2014, 4.44 percent, from 4.27 percent, with points increasing to 0.28 from 0.26 (including the origination fee) for 80 percent LTV loans.
The
average contract interest
rate for 30 - year fixed -
rate mortgages with
jumbo loan balances (greater than $ 417,000) increased to its highest level since September 2014, 4.22 percent, from 4.18 percent, with points unchanged at 0.29 (including the origination fee) for 80 percent LTV loans.
The
average contract interest
rate for 30 - year fixed -
rate mortgages with
jumbo loan balances (greater than $ 417,000) moved up to 3.79 % from 3.78 %
The
average contract interest
rate for 30 - year fixed -
rate mortgages with conforming loan balances ($ 417,000 or less) moved higher to 3.83 % from 3.82 %, while the
average contract interest
rate for 30 - year fixed -
rate mortgages with
jumbo loan balances (greater than $ 417,000) increased to 3.77 % from 3.74 %.
The
average contract interest
rate for 30 - year fixed -
rate mortgages with
jumbo loan balances (greater than $ 417,000) grew to 3.78 % from 3.77 %.
The
average contract interest
rate for 30 - year fixed -
rate mortgages with
jumbo loan balances (greater than $ 417,000) fell to 3.74 % from 3.79 %.
For
mortgage data, we create a quarterly average of mortgage rates from survey data published by Freddie Mac (conforming loans) and the Mortgage Bankers Association of America (jumbo loans) for a 30 - year, fixed - rate m
mortgage data, we create a quarterly
average of
mortgage rates from survey data published by Freddie Mac (conforming loans) and the Mortgage Bankers Association of America (jumbo loans) for a 30 - year, fixed - rate m
mortgage rates from survey data published by Freddie Mac (conforming loans) and the
Mortgage Bankers Association of America (jumbo loans) for a 30 - year, fixed - rate m
Mortgage Bankers Association of America (
jumbo loans) for a 30 - year, fixed -
rate mortgagemortgage.
Average interest
rates for 30 - year fixed
mortgage loan with a confirming balance of $ 417,000 or less dropped to 3.93 percent from last week's 3.94 percent, while those with
jumbo balances of $ 417,000 and above fell to 3.85 percent from 3.85 percent the week earlier.
The
average contract interest
rate for 30 - year fixed -
rate mortgages with
jumbo loan balances (greater than $ 417,500) decreased to 4.33 percent from 4.39 percent, with points increasing to 0.41 from 0.40 (including the origination fee) for 80 percent loan - to - value (LTV) ratio loans.
The
average 15 - year fixed
mortgage rate pulled back to 3.28 percent — also a record low t — while the
jumbo 30 - year fixed
mortgage held at 4.61 percent.
The
average contract interest
rate for 30 - year fixed -
rate mortgages with
jumbo loan balances (greater than $ 417,500) increased to 4.39 percent from 4.33 percent, with points decreasing to 0.39 from 0.40 (including the origination fee) for 80 percent LTV loans.
The
average contract interest
rate for 30 - year fixed -
rate mortgages with
jumbo loan balances (greater than $ 417,000) decreased to 4.37 percent from 4.41 percent, with points decreasing to 0.14 from 0.34 (including the origination fee) for 80 percent LTV loans.