Compare jumbo refinance rates

Reviewed by Zach Wichter

On , the national average 30-year fixed jumbo refinance APR is 5.280%. The average 30-year fixed jumbo mortgage APR is 5.350%, according to Bankrate’s latest survey of the nation’s largest refinance lenders.

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Today's jumbo refinance rates

The table below brings together a comprehensive national survey of mortgage lenders to help you know what are the most competitive jumbo refinance rates. This interest rate table is updated daily to give you the most current rates when choosing a jumbo refinance loan.

Product Interest Rate APR
30-Year Fixed-Rate Jumbo 5.270% 5.280%
15-Year Fixed-Rate Jumbo 4.620% 4.640%
7/1 ARM Jumbo 4.790% 4.330%
5/1 ARM Jumbo 3.740% 4.590%

Top 5 Bankrate jumbo refinance lenders

  • Ally Bank
  • Watermark Home Loans
  • Rocket Mortgage
  • Sage Mortgage


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.

Jumbo mortgage refinance FAQs

Bottom line

In many ways, a jumbo mortgage refinance is similar to a conventional refinance. You might need to look for a lender that specializes in jumbo mortgage loans, however, and you might need to accept that some jumbo refinance rates are slightly higher than what you’d see with conventional loans.

Prepare ahead of time by shopping around so that you can find the best jumbo mortgage refinance rates and make sure that you meet the requirements for a refinance. If you’re ready for the next step, and if you take the time to compare rates, you’re more likely to save money and improve your cash flow when you decide to refinance.

Written by: Zach Wichter, mortgage reporter for Bankrate

Zach Wichter is a mortgage reporter at Bankrate. He previously worked on the Business desk at The New York Times where he won a Loeb Award for breaking news, and covered aviation for The Points Guy.

Read more from Zach Wichter

Learn more about specific loan type rates
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