Estimate the mortgage amount that best fits your budget.
Today’s 30-year refinance rates
Current 30-year refinance rates
The table above brings together our comprehensive national survey of mortgage lenders to help you know what are the most competitive 30-year refinance rates. This interest rate table is updated daily to give you the most current rates when choosing a 30-year refinance loan.
|30-Year Fixed Rate||3.150%||3.300%|
|30-Year Fixed-Rate VA||2.770%||2.980%|
|20-Year Fixed Rate||3.040%||3.190%|
|15-Year Fixed Rate||2.400%||2.610%|
|30-Year Fixed-Rate FHA||2.840%||3.710%|
|30-Year Fixed-Rate Jumbo||3.160%||3.230%|
|15-Year Fixed-Rate Jumbo||2.410%||2.470%|
Rates as of Saturday, June 12, 2021 at 6:30 AM
How Bankrate mortgage and refinance rates are calculated
Lenders nationwide provide weekday mortgage rates to our comprehensive national survey to bring you the most current rates available. Here you can see the latest marketplace average rates for a wide variety of purchase loans. The interest rate table below is updated daily to give you the most current purchase rates when choosing a home loan. APRs and rates are based on no existing relationship or automatic payments. For these averages, the customer profile includes a 740 FICO score and a single-family residence. To learn more, see understanding Bankrate rate averages.
Why trust Bankrate?
Bankrate has been the authority in personal finance since it was founded in 1976 as the “Bank Rate Monitor,” a print publication for the banking industry. Bankrate has been surveying and collecting mortgage rate information from the nation’s largest lenders for more than 30 years. Hundreds of top publications, such as The New York Times, Wall Street Journal, CNBC and others, depend on Bankrate as a trusted source of financial information, so you know you’re getting information you can trust.
Will 30-year refinance rates increase?
Mortgage rates hit record lows in early 2021. Economists expect mortgage rates to rise as the economy improves. However, the trajectory of mortgage rates is notoriously difficult to predict.
How do I view personalized 30-year fixed refinance rates?
To customize the rates you see, adjust the categories at the top of the page to reflect the type of loan you’re looking for, where you live, how much you want to borrow, how much you have for a down payment and your credit score.
You can see personalized 30-year fixed refinance rates plus articles, calculators, prequalified offers and more by signing up for a free Bankrate account. It only takes a few minutes and you’ll get valuable tools and information tailored around your unique interests.
Why comparing rates is important
Mortgage rates and closing costs can vary widely from lender to lender, so it’s important that you shop around before. In a report published in 2018, mortgage giant Freddie Mac said borrowers could save an average of $1,500 over the life of the loan by getting one additional rate quote, and an average of $3,000 by seeking out five quotes.
Top 5 Bankrate 30-year refinance lenders
Bankrate helps thousands of borrowers find mortgage and refinance lenders every day. To determine the top mortgage lenders, we analyzed proprietary data across more than 150 lenders to assess which on our platform received the most inquiries within a three-month period. We then assigned superlatives based on factors such as fees, products offered, convenience and other criteria. These top lenders are updated regularly.
- Better.com – Best online lender
- Cardinal Financial Company – Best for low-credit score borrowers
- Interfirst Mortgage Company – Best non-bank lender
- LoanDepot – Best no-fee lender
AmeriSave Mortgage Corporation – Best overall
Better.com – Best online lender
Better.com, also known as Better Mortgage, is an online mortgage lender available in the majority of states offering 30-year purchase and refinance options. The lender is one of Bankrate’s picks for best mortgage lenders overall, as well as best lenders for refinancing and cash-out refinancing.
Strengths: Like most mortgage lenders, Better.com can do rate-and-term and cash-out refinancing. You can receive a refi rate quote in seconds online, and take advantage of an on-demand rate-lock. The lender also doesn’t charge an origination fee.
Weaknesses: You won’t be able to refinance a VA or USDA loan.
Cardinal Financial Company – Best for low-credit score borrowers
Cardinal Financial Company, which also operates as Sebonic Financial, offers the full suite of refinance options, including rate-and-term, cash-out and streamline.
Strengths: Cardinal Financial’s proprietary system Octane allows you to easily compare refinance rates and follow a customized to-do list to keep the refi process on track. Depending on loan product, the lender accepts credit scores as low as 550, 580 or 620.
Weaknesses: You’ll have to go through a loan officer to get set up with Octane and find out what rates you’ll qualify for.
Interfirst Mortgage Company – Best non-bank lender
Interfirst Mortgage Company (Chicago Mortgage Solutions LLC) is a direct, wholesale and correspondent lender available in 24 states and Washington D.C.
Strengths: An Interfirst Mortgage Company loan officer guides you through the application process, and according to the lender’s website, it takes just a few minutes to obtain a refinance rate quote. The lender also boasts faster-than-industry-standard closing timelines.
Weaknesses: Interfirst Mortgage Company isn’t available in every state, and you’ll need to connect with a loan officer to get quotes.
LoanDepot – Best no-fee lender
LoanDepot offers conventional, FHA and VA loans through both branch locations (more than 200 nationwide) and online. It is currently one of Bankrate’s best cash-out refinance lenders.
Strengths: LoanDepot rewards borrower loyalty with its Lifetime Guarantee: After you refinance with the lender the first time, you won’t have to pay lender or appraisal fees on any additional refinances. In addition, if your credit needs some work or if you’re underwater on your mortgage, the lender has refi options that can help.
Weaknesses: You can’t compare daily interest rates online, unlike some competitors.
AmeriSave Mortgage Corporation – Best overall
AmeriSave Mortgage Corporation is an online mortgage lender — one of Bankrate’s top picks in the space — licensed in 49 states.
Strengths: AmeriSave Mortgage Corporation offers rate-and-term and cash out refinancing with fast prequalification and turnaround times (“days, not weeks,” according to the lender’s website). Notably, the lender promises to match both the rate and closing costs of a competitor through its Rate Match Guarantee program (or pay you $500).
Weaknesses: AmeriSave Mortgage Corporation charges a $500 non-refundable application fee. AmeriSave Mortgage Corporation review
What you need to know about 30-year mortgage refinances
Learn more about 30-year mortgage refinancing
- Calculate your potential refinance savings
- How to refinance your mortgage
- How to get the best refinance rate
- Compare mortgage lenders
|Loan Type||Purchase Rates||Refinance Rates|
|The table above links out to loan-specific content to help you learn more about rates by loan type.|
|30-Year Loan||30-Year Mortgage Rates||30-Year Refinance Rates|
|20-Year Loan||20-Year Mortgage Rates||20-Year Refinance Rates|
|15-Year Loan||15-Year Mortgage Rates||15-Year Refinance Rates|
|10-Year Loan||10-Year Mortgage Rates||10-Year Refinance Rates|
|FHA Loan||FHA Mortgage Rates||FHA Refinance Rates|
|30-Year FHA Loan||30-Year FHA Loan Rates||30-Year FHA Refinance Rates|
|VA Loan||VA Mortgage Rates||VA Refinance Rates|
|ARM Loan||ARM Mortgage Rates||ARM Refinance Rates|
|5/1 ARM||5/1 ARM Rates||5/1 Refinance Rates|
|7/1 ARM||7/1 ARM Rates||7/1 Refinance Rates|
|10/1 ARM||10/1 ARM Rates||10/1 Refinance Rates|
|Jumbo Loan||Jumbo Mortgage Rates||Jumbo Refinance Rates|
|30-Year Jumbo Loan||30-Year Jumbo Loan Rates||30-Year Jumbo Refinance Rates|
Mortgage rates in other states
- United States
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- Washington DC
- West Virginia