We research, you save.

Current mortgage rates - October 21, 2014

Mortgage rates made headlines last week, falling to new lows for 2014. However, as the week wore on, portions of those declines were erased by rising mortgage rates later in the week. By the time the week was finished, mortgage rates still finished much lower than where they stood the week before. The overall average rate for 30-year fixed-rate mortgages fell by 0.11%, to the 4.04%, the lowest average since the end of May 2013. The average for 15-year fixed rates fell by 0.10% to 3.32%. FHA-backed 30-year loans fell by 0.12% to 3.73%. The 5/1 Hybrid ARM fell by 0.14% to 3.02%, falling back to November 2013 levels.
Loan Current Previous
30-year Fixed *
4.07 4.01
15-year Fixed *
3.28 3.30
1-year ARM
2.57 2.50
* Conforming, Expanded Conforming, and Jumbo Rates.
Time Range: 6m | 1y | 3y

Mortgage refinance rates in Virginia

4.180% Rate

30 Yr. Fixed

4.425% APR

$976 / month (est)

Learn More

Updated 10/21/2014

Member of BBBNational LenderExtended Support HoursVA Approved LenderFHA Approved Lender
  • We close our loans FAST - many in 30 days or less!
  • Rates are still historically low! Lock in a low rate and payment today.
  • Why pay more for your home than you have to? Check out rates now.
Call Now

Mortgages from 2.75% (2.96% APR)
  • $200k Loan for Under $816/Month
  • Free Home Mortgage Rate Quotes.
  • Compare Rates from Up to 5 Lenders.
  • Lock in Your Low Rate Today!
Learn More
More mortgage lenders in Virginia
Company Comments
Aimloan.com Last update: 10/21/2014 Certified UpFront Lender! Rates & Good Faith Estimate Online 24/7
American United Mortgage Corporation Last update: 10/21/2014 The Wall Street Journal Reports We Have The Most Competitive 30 Year Rates In The USA!
Quicken Loans Last update: 10/21/2014 Great Rates. Expert Advice. Fast Process. Call 800-695-4122 and lock-in a low 30yr fixed rate today!

Featured mortgage articles

Rates dip to june 2013 levels as slide continues

Oct 21, 2014

Rates on the most popular types of mortgages continued a month-long downward path according to HSH.com's Weekly Mortgage Rates Radar. The average rate for conforming 30-year fixed-rate mortgages fell by eight basis points (0.08 percent) to 4.01 percent. Conforming 5/1 Hybrid ARM rates also decreased by eight basis points, closing the Wednesday-to-Tuesday wraparound weekly survey at an average of 3.02 percent... Read More

Shopping for a mortgage : What APR can't tell you

APR, or annual percentage rate, represents the cost of your mortgage as a percentage of the loan amount. APR is supposed to make comparing and selecting the best mortgage rates easier, and mortgage lenders are required by law to disclose it. If you borrow $200,000 at 5%, you are paying more for your loan than just the 5% monthly interest. For example, it might cost you $4,000 just to originate the... Read More

Consumer handbook on adjustable rate mortgages

Consumer Handbook on Adjustable Rate Mortgages Prepared by the Federal Reserve Board and the Office of Thrift Supervision This booklet was prepared in consultation with the following organizations: American Bankers Association Comptroller of the Currency Consumer Federation of America Credit Union National Association, Inc. FederalDeposit Insurance Corporation Federal Reserve Board's Consumer Advisory... Read More

Back to Top