Current Jumbo Loan Rate

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Current Jumbo Mortgage Rates. The following table lists current rates available in your local area. The downpayment & loan amounts are adjustable using the select boxes to further refine your loan options. There are also tabs to switch between purchase and refinance.

At the current rate of 3.95%, the monthly payment for a $200,000 loan is $949.07. The larger jumbo 30-year FRM was unchanged at 3.99%, while the 15-year FRM fell 3.17% — a new 10-month low. ARM were.

Additional Information. Rates subject to change without notice. The rate you may receive will depend on your individual circumstances, including your credit history, loan amount, down payment, and our internal credit criteria. For example, a typical 30-year $692,230 USAA jumbo loan with a fixed rate of 4.375% (4.521% APR effective on 05/25/2018).

Most ARM loans have a maximum loan cap stated on them, though this cap is typically significantly higher than the rate charged for a conforming 15-year or 30-year fixed-rate mortgage. Jumbo Mortgage – A jumbo mortgage is designed to finance more expensive homes. jumbos are required for loan balances exceeding 4,350.

A rate-and-term refinance loan replaces your current mortgage with a new loan that has a lower. In fact, if you have an FHA, VA, jumbo or USDA mortgage loan, look into options for a streamlined.

Rates may be higher or lower for different loan amounts, loan products, property type, credit score, occupancy, Loan-to-Value, and loan purposes. 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 distinction between jumbo and super jumbo is also based upon the amount of the loan. Lenders internally determine where they set classifications. In many parts of the country $1,000,000 is the demarcation line, but in wealthy areas the floor for super jumbo might be closer to $1,500,000 or $2,000,000.

Jumbo mortgage rates today can vary depending on a number of factors, and our licensed loan officer can answer your questions about purchase or refinance guidelines and current rates on Jumbo loans. You can get mortgage quotes online or by phone today.