Today's Mortgage Rates
Published: Jan 23, 2020
Doubts about how much economic lift the U.S.-China "phase one" trade deal will bring have been joined by concerns about the economic impact of a coronavirus spreading from China, and mortgage rates have eased a bit as a result.
As reported by Freddie Mac, the average offered rate for a conforming 30-year fixed-rate mortgage slipped by five basis points (0.05%) to dip to 3.60%, its lowest level since early October of last year. Conforming 15-year FRMs remained unchanged, holding at 3.19% for a third straight week, while the initial fixed interest rate for a hybrid 5/1 ARM firmed up by eight one-hundredths of a percentage point (0.08%), rising to 3.45% for the survey week.
As the story of the spreading coronavirus continues to grow, cautious investors are shifting funds from riskier assets into bonds and mortgages, and interest rates and yields are edging downward at the moment. Lower rates are usually helpful to homebuyers, but may not be in this case, as inventories of homes available to buy continue to thin and home prices are again accelerating strongly. Folks looking to refinance can benefit, though.
For more about the economic and financial conditions that are impacting mortgage rates, check out the current and next MarketTrends newsletter. Read the most recent edition on HSH.com or subscribe for email.
Current mortgage rates
| Week | 30-year-Fixed | 15-year-Fixed | 5-year-ARM |
|---|---|---|---|
| 01/23 | 3.600% | 3.040% | 3.280% |
| 01/16 | 3.650% | 3.090% | 3.390% |
| 01/09 | 3.640% | 3.070% | 3.300% |
| 01/02 | 3.720% | 3.160% | 3.460% |
| 12/26 | 3.740% | 3.190% | 3.450% |
| 12/19 | 3.730% | 3.190% | 3.370% |
| 12/12 | 3.730% | 3.190% | 3.360% |
| 12/05 | 3.680% | 3.140% | 3.390% |
| 11/21 | 3.660% | 3.150% | 3.390% |
| 11/14 | 3.750% | 3.200% | 3.440% |
| 11/07 | 3.690% | 3.130% | 3.390% |
| 10/31 | 3.780% | 3.190% | 3.430% |
Personalize your quotes and see mortgage rates just for you.
Displaying Today's Mortgage Rates for a $200000 Purchase loan in PA.
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30 year fixed mortgage rates today from 3.375%
Updated: 1/23/2020
Quicken Loans
30 Yr. Fixed
30 Yr. Fixed
Rate as low as
4.800%
APR
Rate as low as
4.750%
Rate
$
1,044
Monthly Payment
Show Details
Total Payment
$1,044
- We close our loans FAST - many in 30 days or less!
- Rates are still low, but they may rise. Lock your rate today.
- We have the right loans for first-time and experienced home buyers.
| Loan Profile | |
| Home Value | Not Provided |
| First Mortgage | Not Provided |
| Second Mortgage | Not Provided |
| Cash Out Amount | Not Provided |
| Requested Loan Amount | $200,000 |
| Lock Period | 40 days |
| Estimated Monthly Payment | |
| Principal and Interest | $1,044 |
| Mortgage Insurance(estimated) | $0 |
| Total Monthly Payment | $1,044 |
Updated: 1/23/2020
CloseYourOwnLoan.com
30 Yr. Fixed
30 Yr. Fixed
Rate as low as
3.595%
APR
Rate as low as
3.375%
Rate
$
884
Monthly Payment
Show Details
Total Payment
$884
- Skip the salesman. Keep the commission!
- Get online rates, payments and a Good Faith Estimate
- $1,000 Best Rate Guarantee
15 year fixed mortgage rates today from 3.125%
Updated: 1/23/2020
Quicken Loans
15 Yr. Fixed
15 Yr. Fixed
Rate as low as
4.075%
APR
Rate as low as
3.990%
Rate
$
1,479
Monthly Payment
Show Details
Total Payment
$1,479
- We close our loans FAST - many in 30 days or less!
- Rates are still low, but they may rise. Lock your rate today.
- We have the right loans for first-time and experienced home buyers.
| Loan Profile | |
| Home Value | Not Provided |
| First Mortgage | Not Provided |
| Second Mortgage | Not Provided |
| Cash Out Amount | Not Provided |
| Requested Loan Amount | $200,000 |
| Lock Period | 40 days |
| Estimated Monthly Payment | |
| Principal and Interest | $1,479 |
| Mortgage Insurance(estimated) | $0 |
| Total Monthly Payment | $1,479 |
Updated: 1/23/2020
CloseYourOwnLoan.com
15 Yr. Fixed
15 Yr. Fixed
Rate as low as
3.379%
APR
Rate as low as
3.125%
Rate
$
1,393
Monthly Payment
Show Details
Total Payment
$1,393
- Skip the salesman. Keep the commission!
- Get online rates, payments and a Good Faith Estimate
- $1,000 Best Rate Guarantee
3/1 year ARM mortgage rates today from 4.250%
Updated: 1/23/2020
CloseYourOwnLoan.com
3/1 Yr. ARM
3/1 Yr. ARM
Rate as low as
5.156%
APR
Rate as low as
4.250%
Rate
$
984
Monthly Payment
Show Details
Total Payment
$984
- Skip the salesman. Keep the commission!
- Get online rates, payments and a Good Faith Estimate
- $1,000 Best Rate Guarantee
20 year fixed mortgage rates today from 3.500%
Updated: 1/23/2020
Quicken Loans
20 Yr. Fixed
20 Yr. Fixed
Rate as low as
4.192%
APR
Rate as low as
4.125%
Rate
$
1,226
Monthly Payment
Show Details
Total Payment
$1,226
- We close our loans FAST - many in 30 days or less!
- Rates are still low, but they may rise. Lock your rate today.
- We have the right loans for first-time and experienced home buyers.
| Loan Profile | |
| Home Value | Not Provided |
| First Mortgage | Not Provided |
| Second Mortgage | Not Provided |
| Cash Out Amount | Not Provided |
| Requested Loan Amount | $200,000 |
| Lock Period | 40 days |
| Estimated Monthly Payment | |
| Principal and Interest | $1,226 |
| Mortgage Insurance(estimated) | $0 |
| Total Monthly Payment | $1,226 |
Updated: 1/23/2020
CloseYourOwnLoan.com
20 Yr. Fixed
20 Yr. Fixed
Rate as low as
3.810%
APR
Rate as low as
3.500%
Rate
$
1,160
Monthly Payment
Show Details
Total Payment
$1,160
- Skip the salesman. Keep the commission!
- Get online rates, payments and a Good Faith Estimate
- $1,000 Best Rate Guarantee
10 year fixed mortgage rates today from 2.875%
Updated: 1/23/2020
Quicken Loans
10 Yr. Fixed
10 Yr. Fixed
Rate as low as
4.113%
APR
Rate as low as
3.990%
Rate
$
2,024
Monthly Payment
Show Details
Total Payment
$2,024
- We close our loans FAST - many in 30 days or less!
- Rates are still low, but they may rise. Lock your rate today.
- We have the right loans for first-time and experienced home buyers.
| Loan Profile | |
| Home Value | Not Provided |
| First Mortgage | Not Provided |
| Second Mortgage | Not Provided |
| Cash Out Amount | Not Provided |
| Requested Loan Amount | $200,000 |
| Lock Period | 40 days |
| Estimated Monthly Payment | |
| Principal and Interest | $2,024 |
| Mortgage Insurance(estimated) | $0 |
| Total Monthly Payment | $2,024 |
Updated: 1/23/2020
CloseYourOwnLoan.com
10 Yr. Fixed
10 Yr. Fixed
Rate as low as
3.449%
APR
Rate as low as
2.875%
Rate
$
1,920
Monthly Payment
Show Details
Total Payment
$1,920
- Skip the salesman. Keep the commission!
- Get online rates, payments and a Good Faith Estimate
- $1,000 Best Rate Guarantee
5/1 year ARM mortgage rates today from 3.375%
Updated: 1/23/2020
CloseYourOwnLoan.com
5/1 Yr. ARM
5/1 Yr. ARM
Rate as low as
4.716%
APR
Rate as low as
3.375%
Rate
$
884
Monthly Payment
Show Details
Total Payment
$884
- Skip the salesman. Keep the commission!
- Get online rates, payments and a Good Faith Estimate
- $1,000 Best Rate Guarantee
7/1 year ARM mortgage rates today from 4.250%
Updated: 1/23/2020
CloseYourOwnLoan.com
7/1 Yr. ARM
7/1 Yr. ARM
Rate as low as
4.935%
APR
Rate as low as
4.250%
Rate
$
984
Monthly Payment
Show Details
Total Payment
$984
- Skip the salesman. Keep the commission!
- Get online rates, payments and a Good Faith Estimate
- $1,000 Best Rate Guarantee
FHA 30 year and 15 year mortgage rates today from 3.125%
Updated: 1/23/2020
CloseYourOwnLoan.com
FHA 30 Yr.
FHA 30 Yr.
Rate as low as
3.342%
APR
Rate as low as
3.125%
Rate
$
857
Monthly Payment
Show Details
Total Payment
$857
- Skip the salesman. Keep the commission!
- Get online rates, payments and a Good Faith Estimate
- $1,000 Best Rate Guarantee
Updated: 1/23/2020
CloseYourOwnLoan.com
FHA 15 Yr.
FHA 15 Yr.
Rate as low as
3.379%
APR
Rate as low as
3.125%
Rate
$
1,393
Monthly Payment
Show Details
Total Payment
$1,393
- Skip the salesman. Keep the commission!
- Get online rates, payments and a Good Faith Estimate
- $1,000 Best Rate Guarantee
VA 30 year mortgage rates today from 3.125%
Updated: 1/23/2020
CloseYourOwnLoan.com
VA 30 Yr.
VA 30 Yr.
Rate as low as
3.342%
APR
Rate as low as
3.125%
Rate
$
857
Monthly Payment
Show Details
Total Payment
$857
- Skip the salesman. Keep the commission!
- Get online rates, payments and a Good Faith Estimate
- $1,000 Best Rate Guarantee
Mortgage Choices at a Glance
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