Today's Mortgage Rates
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: 1:00 AM EDT, 05/22/2013
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 ARM | 2.5 |
0.0 |
2.881 |
Rate and Payment Details | |
| 5/1 ARM Interest Only |
2.625 |
0.0 |
2.931 |
Rate and Payment Details | |
| 7/1 ARM | 2.625 2.5 |
0.0 0.5 |
2.882 2.864 |
Rate and Payment Details | |
| 7/1 ARM Interest Only |
2.75 2.5 |
0.0 1.0 |
2.941 2.904 |
Rate and Payment Details | |
| 10/1 ARM | 3.125 2.875 |
0.0 1.0 |
3.129 3.056 |
Rate and Payment Details | |
| Fixed Rate Mortgage | |||||
| Loan Type |
Current Rate1 (%) |
Points (%) |
APR2 (%) |
Monthly Payment2 (Based on $250,000 loan amount) |
|
| 30yr Fixed | 3.875 3.75 |
0.25 0.625 |
3.951 3.857 |
||
| 25yr Fixed | 3.875 3.75 |
0.25 0.75 |
3.963 3.886 |
||
| 20yr Fixed | 3.5 3.375 |
0.625 1.125 |
3.648 3.58 |
||
| 15yr Fixed | 2.99 2.875 |
0.375 1.125 |
3.142 3.136 |
||
| 10yr Fixed | 2.875 2.5 |
0.125 1.25 |
3.042 2.904 |
||
| Payments do not include taxes or insurance, so the actual payment obligation will be higher. | |||||
Ready to get started?To get a rate quote or apply for a loan, call 877-535-4021. Or, start the mortgage process online.
|
Charles Schwab BankInterest-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.
1. Current Rates: Due to market fluctuations, interest rates are subject to change at any time and without notice and are subject to credit and property approval based on underwriting guidelines. The rates and APRs shown are based on a rate and term refinance of an owner occupied, single family residence, for our best-qualified customers. Your individual rate may vary.
2. Interest Rate, APR and Monthly Payment:
Interest Rates, APRs and Monthly Payment calculations are based on the following loan amounts and Loan-to-Value (LTV):
Conforming: $250,000, 75% LTV, (Interest Only ARM: 70% LTV)
High Balance: $450,000, 75% LTV, (Interest Only ARM: 70% LTV)
Jumbo: $750,000, 70% LTV
Rates may be higher or lower for different loan amounts.
Rates, terms, conditions and availability are subject to change or withdrawal at any time and without notice.
This offer is subject to change or withdrawal at any time and without notice. Nothing herein is or should be interpreted as an obligation to lend. Loans are subject to credit and property approval. Other conditions and restrictions may apply. Hazard insurance may be required. Program terms and conditions are subject to change.
Charles Schwab Bank and Charles Schwab & Co., Inc. are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation. Investment products are offered by Charles Schwab & Co., Inc. (member SIPC). Charles Schwab & Co., Inc. does not solicit, offer, endorse, negotiate or originate any mortgage loan products and is neither a licensed mortgage broker nor a licensed mortgage lender. Home lending is offered and provided by Quicken Loans, Inc, Equal Housing Lender. Quicken Loans Inc., is not affiliated with The Charles Schwab Corporation, Charles Schwab & Co., Inc. or Charles Schwab Bank. Deposit and other lending products are offered by Charles Schwab Bank, Member FDIC and an Equal Housing Lender.
Quicken Loans is an Equal Housing Lender. Quicken Loans Inc. is a licensed mortgage lender. Arizona: Quicken Loans Inc., 16425 North Pima, Suite 200, Scottsdale, AZ 85260, Mortgage Banker License #BK-0902939; Arkansas: Quicken Loans Inc., 1050 Woodward Avenue, Detroit, MI 48226-1906, 888-474-0404; California: Licensed by Department of Corporations, CA Residential Mortgage Lending Act; Colorado: Quicken Loans Inc., NMLS #3030, 888-474-0404, Regulated by the Division of Real Estate; Georgia: Residential Mortgage Licensee (#11704) 1050 Woodward Avenue, Detroit, MI 48226-1906; Illinois: Residential Mortgage Licensee #4127 Department of Financial and Professional Regulation, 1050 Woodward Avenue, Detroit, MI 48226-1906; Maine: Quicken Loans Inc., Supervised Lender License NMLS #3030; Massachusetts: Quicken Loans Inc., Mortgage Lender License #ML-3030; Minnesota: not an offer for a rate lock agreement; Mississippi: Licensed by the Mississippi Department of Banking and Consumer Finance; New Hampshire: Licensed by the NH Banking Department, #6743MB; New Jersey: Licensed Mortgage Banker NJ Department of Banking, first (and/or second) mortgages only; New York: Licensed Mortgage Banker NYS Banking Department; Oregon: Quicken Loans Inc. License #ML-1387; Pennsylvania: Licensed as a first Mortgage Banker by the Department of Banking and licensed pursuant to the Pennsylvania Secondary Mortgage Loan Act; Rhode Island: Licensed Lender; Texas: Quicken Loans Inc., 1050 Woodward Ave, Detroit, MI 48226-1906; Virginia: Licensed by Virginia State Corporation Commission, License #MC-1738; Washington: Licensed by Consumer Loan Company License CL-3030. Quicken Loans Nationwide Mortgage Licensing System #3030. Rates subject to change. Restrictions may apply.
© 2000–2012 Quicken Loans Inc., All rights reserved. Lending services provided by Quicken Loans Inc., a subsidiary of Rock Holdings Inc. “Quicken Loans” is a registered service mark of Intuit Inc., used under license.