Today's mortgage rates — one key rate crosses 3% threshold | March 19, 2021
- 30-year fixed mortgage rates: 3.125%, Up 3.000%, +0.125
- 20-year fixed mortgage rates: 2.875%, Up from 2.750%, +0.125
- 15-year fixed mortgage rates: 2.375%, Unchanging
- 10-year fixed mortgage rates: 2.250%, Unchanging
Rates last updated on March 19, 2020. These rates are based on the assumptions shown here. Actual rates may vary.
- Check out mortgage refinance rates
- Compare home purchase 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 largely risen since yesterday, with the exception of rates for 30-year fixed refinance. Current rates for mortgage refinancing average out to 2.844% across the loan terms indicated below — the highest average seen all month. 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: 3.000%, Up from 2.875%, +0.125
- 15-year fixed refinance rates: 2.625%, Up from 2.500%, +0.125
- 10-year fixed refinance rates: 2.500%, Up from 2.375%, +0.125
Rates last updated on March 19, 2020. These rates are based on the assumptions shown here. Actual rates may vary.
Current mortgage rates
After falling back down to 3% yesterday, rates for 30-year fixed mortgages have returned to 3.125%, where they hovered from Monday to Wednesday this week. Mortgage interest rates for 20-year, 15-year, and 10-year loans remain under the 3% mark.
Current 30-year mortgage rates
The current interest rate for a 30-year fixed-rate mortgage is 3.125%. This is up from yesterday.
Current 20-year mortgage rates
The current interest rate for a 20-year fixed-rate mortgage is 2.875%. This is up from 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.
Rates last updated on March 19, 2020. These rates are based on the assumptions shown here. Actual rates may vary.
How mortgage rates have changed
Today, mortgage rates are up across the board compared to this time last week.
- 30-year fixed mortgage rates: 3.125%, up from 2.875% last week, +0.250
- 20-year fixed mortgage rates: 2.875%, up from 2.625% last week, +0.250
- 15-year fixed mortgage rates: 2.375%, up from 2.125% last week, +0.250
- 10-year fixed mortgage rates: 2.250%, up from 1.875% last week, +0.375
Rates last updated on March 19, 2020. These rates are based on the assumptions shown here. Actual rates may vary.
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:
- Improving your credit score
- Paying down debt
- Making a bigger down payment
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.
Mortgage interest rates by loan type
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:
- 30 Year Refinance Rates
- 20 Year Refinance Rates
- 15 Year Refinance Rates
- 10 Year Refinance Rates
Home purchase:
- 30 Year Mortgage Rates
- 20 Year Mortgage Rates
- 15 Year Mortgage Rates
- 10 Year Mortgage Rates