Today's mortgage rates — one key rate slips downward | March 18, 2021

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Check out the mortgage rates for March 18, 2021, which are mostly unchanged from yesterday — with one exception. (iStock)

Based on data compiled by Credible Operations, Inc., NMLS Number 1681276, mortgage rates remain unchanged since yesterday — with the exception of 30-year fixed rates, which have fallen.

  • 30-year fixed mortgage rates: 3.000%, Down from 3.125%, -0.125
  • 20-year fixed mortgage rates: 2.750%, Unchanging
  • 15-year fixed mortgage rates: 2.375%, Unchanging
  • 10-year fixed mortgage rates: 2.250%, Unchanging

Rates last updated on March 18, 2021. These rates are based on the assumptions shown here. Actual rates may vary.

To find the best mortgage rate, start by using Credible, which can show you current mortgage and refinance rates:

Browse rates from multiple lenders so you can make an informed decision about your home loan.

Looking at today’s mortgage refinance rates

Today’s mortgage refinance rates have remained largely unchanged since yesterday. Overall, rates for mortgage refinance continue to hover at an average of 2.750% across the four loan terms compared below. If you’re considering refinancing an existing home, check out what refinance rates look like:

  • 30-year fixed refinance rates: 3.250%, Unchanging 
  • 20-year fixed refinance rates: 2.875%, Unchanging 
  • 15-year fixed refinance rates: 2.500%, Unchanging 
  • 10-year fixed refinance rates: 2.375%, Unchanging 

Rates last updated on March 18, 2021. These rates are based on the assumptions shown here. Actual rates may vary.

A site like Credible can be a big help when you’re ready to compare mortgage refinance loans. Credible lets you see prequalified rates for conventional mortgages from multiple lenders all within a few minutes. Visit Credible today to get started.

Current mortgage rates

Today, rates for 30-year fixed mortgages have fallen back to 3% for the first time since last Friday. Mortgage interest rates remain low overall, averaging out to 2.594% across the four loan terms compared below.

Current 30-year mortgage rates

The current interest rate for a 30-year fixed-rate mortgage is 3.000%. This is down from yesterday.

Current 20-year mortgage rates

The current interest rate for a 20-year fixed-rate mortgage is 2.750%. This is the same as yesterday.

Current 15-year mortgage rates

The current interest rate for a 15-year fixed-rate mortgage is 2.375%. This is the same as yesterday.

Current 10-year mortgage rates

The current interest rate for a 10-year fixed-rate mortgage is 2.250%. This is the same as yesterday.

You can explore your mortgage options in minutes by visiting Credible to compare current rates from various lenders who offer mortgage refinancing as well as home loans. Check out Credible and get prequalified today, and take a look at today’s refinance rates through the link below.

Rates last updated on March 18, 2021. These rates are based on the assumptions shown here. Actual rates may vary.

How mortgage rates have changed

Today, mortgage rates are mostly up compared to this time last week. Rates for 20-year fixed loans, however, remain the same.

  • 30-year fixed mortgage rates: 3.000%, up from 2.875% last week, +0.125
  • 20-year fixed mortgage rates: 2.750%, the same as last week
  • 15-year fixed mortgage rates: 2.375%, up from 2.125%, +0.250
  • 10-year fixed mortgage rates: 2.250%, up from 2.000% last week, +0.250

Rates last updated on March 18, 2021. These rates are based on the assumptions shown here. Actual rates may vary.

If you’re trying to find the right rate for your home mortgage or looking to refinance an existing home, consider using Credible. You can use Credible's free online tool to easily compare multiple lenders and see prequalified rates in just a few minutes.

How to get low mortgage rates

Current mortgage and refinance rates are affected by many economic factors, like unemployment numbers and inflation. But your personal financial history will also determine the rates you’re offered.

If you want to get the lowest possible monthly mortgage payment, taking the following steps can help you secure a lower rate on your home loan:

It’s also a good idea to compare rates from different lenders to find the best rate for your financial goals. According to research from Freddie Mac, borrowers can save $1,500 on average over the life of their loan by shopping for just one additional rate quote — and an average of $3,000 by comparing five rate quotes.

Credible can help you compare current rates from multiple mortgage lenders at once in just a few minutes. Are you looking to refinance an existing home? Use Credible’s online tools to compare rates and get prequalified today.

Mortgage interest rates by loan type

Whether you’re a first-time homebuyer shopping for a 30- or 15-year mortgage, or you’re looking to refinance an existing home, Credible can help you find the right mortgage for your financial goals.

Before you fill out your mortgage application, check out these loan rates, which you’ll be able to compare by annual percentage rate (APR) as well as interest rate:

Mortgage refinance:

Home purchase: