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Today's Mortgage Rates

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Home Loans—Provided by Quicken® Loans® 

Today's Mortgage Rates 

 

Take advantage of competitive mortgage interest rates for conforming loans and jumbo loans. Current mortgage rates are updated daily.

Special limited-time offer. Get $1,000 off closing costs.

Get $1,000 toward closing costs on any new purchase or refinance loan with Schwab Bank's home lending program provided by Quicken® Loans® before June 30, 2014.

Call 877-567-7560 today or learn more >



Loan Types

Conforming Loans

Rates as of: 11:11 AM EDT, 04/23/2014

A conforming mortgage loan meets Fannie Mae and Freddie Mac maximum loan limits. Loan limits are published annually by the Federal Housing Finance Agency (FHFA) and vary by county.

Featured Rates

Conforming     Product Offerings  Disclosures
  Points (%) Standard Expanded


5/1 ARM
Initial Rate (%)   3.25 3.375  
APR (%)2 0.0 2.975 3.018 Rate and Payment Details
Payment2  
 

5/1 ARM
 Interest Only
Initial Rate (%)     3.5  
APR (%)2 0.0 Not Available 3.022 Rate and Payment Details
Payment2    
 

7/1 ARM
Initial Rate (%)   3.5 3.625  
APR (%)2 0.0 3.149 3.208 Rate and Payment Details
Payment2  
 

7/1 ARM
 Interest Only
Initial Rate (%)     3.75  
APR (%)2 0.0 Not Available 3.214 Rate and Payment Details
Payment2    
 

10/1 ARM
Initial Rate (%)   4.0 4.125  
APR (%)2 0.0 3.573 3.653 Rate and Payment Details
Payment2  
 
Payments do not include taxes or insurance, so the actual payment obligation will be higher.

We provide both standard mortgage loans with standard income documentation, and also have expanded product documentation guidelines with enhanced pricing options. Both our standard and expanded product documentation are designed to review and document your ability to repay the loan.

Fixed Rate Mortgage
Loan Type
 
Current
Rate1 (%)
Points
(%)
APR2
(%)
Monthly Payment2
(Based on $250,000 loan amount)
 
30yr Fixed 4.5
4.5
0.875
0.875
4.634
4.634
 
25yr Fixed 4.5
4.375
0.5
1.25
4.616
4.565
 
20yr Fixed 4.25
4.125
0.0
0.625
4.329
4.276
 
15yr Fixed 3.75
3.5
0.125
1.125
3.868
3.765
 
10yr Fixed 3.5
3.125
0.125
1.25
3.669
3.534
 
Payments do not include taxes or insurance, so the actual payment obligation will be higher.



Ready to start the mortgage process?

Get Started Call 877-535-4021
Mon.–Fri., 8 a.m.–9 p.m. ET; Sat., 8 a.m.–4 p.m. ET




Equal Housing Lender/Member FDIC Charles Schwab Bank

Interest-only mortgages have an initial interest-only payment period followed by a fully amortizing payment
period. After the interest-only period ends, your monthly payments will increase because you will be paying
both principal and interest.