Mortgages
 

Today's Mortgage Rates

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Home Loans provided by Quicken Loans

Take advantage of low, competitive interest rates for conforming loans, high-balance loans, and jumbo loans. Rates are updated daily.

Loan Types

Conforming Loans: Up to $417,000

Rates as of: 10:05 AM EDT, 05/16/2012

Conforming loans are loans of up to $417,000—the current limit set by the federal government.

Featured Rates
Adjustable Rate Mortgage with Initial Fixed Rate
Loan Type
 
Initial
Rate1 (%)
Points
(%)
APR2
(%)
Initial Monthly Payment2 
(Based on $250,000 loan amount)
5/1 ARM2.75
0.0
3.126
Rate and Payment Details
5/1 ARM 
Interest Only
2.875
0.0
3.177
Rate and Payment Details
7/1 ARM3.0
2.75
0.0
1.0
3.184
3.149
Rate and Payment Details
7/1 ARM 
Interest Only
3.125
2.875
0.0
1.0
3.239
3.202
Rate and Payment Details
Fixed Rate Mortgage
Loan Type
 
Current
Rate1 (%)
Points
(%)
APR2
(%)
Monthly Payment2
(Based on $250,000 loan amount)
30yr Fixed4.125
3.99
0.0
0.5
4.177
4.084
25yr Fixed3.99
3.875
0.25
1.125
4.074
4.043
20yr Fixed3.875
3.75
0.375
1.125
3.99
3.952
15yr Fixed3.5
3.25
0.0
1.375
3.591
3.543
10yr Fixed3.375
2.875
0.0
1.375
3.507
3.298
Payments do not include taxes or insurance, so the actual payment obligation will be higher.

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To get a rate quote or apply for a loan, call 877-535-4021.
Monday–Friday, 8:00 a.m.–11:00 p.m. ET, Saturday, 8:00 a.m.–8:00 p.m. ET

Or, start the mortgage process online.

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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.