Best Mortgage Rates
Below you’ll find a list of the best current mortgage rates in the United States as of May 31, 2018, based on rates published on the Web sites of direct mortgage lenders, with no teaser rates from mortgage brokers. For our purposes, this means the best rates on a 30-year fixed-rate home loan. (Rates change daily; be sure to check each site to confirm the lender’s current rate.)
In compiling this list, we look at the APR, which takes into account both the interest rate of the mortgage and any points you might pay to get it. Keep in mind that points are paid up front, and each “point” that you pay is equal to 1% of the mortgage amount. Also keep in mind that rates change every day, so this is just a starter list — be sure to go to each lender’s site for their current rates.
- Better Mortgage – 4.375% interest rate, no points = 4.375% APR
- Everbank – 4.375% interest rate, with .584 points = 4.481% APR
- Citizens Bank – 4.5% interest rate, 0.25 points = 4.557% APR
- Chase Mortgage – 4.5% interest rate, with 0.75 points = 4.564% APR
- US Bank Mortgage – 4.5% interest rate, points not published = 4.574% APR
- Third Federal Savings & Loan – 4.49% interest rate, points not published = 4.58% APR
- Bank of America Mortgage – 4.375% interest rate, 0.858 points = 4.585% APR
- Century Bank – 4.625% interest rate, no points = 4.694% APR
- SunTrust Mortgage – 4.625% interest rate, 0.059 points = 4.6949% APR
- Wells Fargo Mortgage – 4.625% interest rate, points not published = 4.695% APR
- Citi Mortgage – 4.5% interest rate with 1.25 points = 4.734% APR
- Quicken Loans – 4.5% interest rate with 2.125 points = 4.784% APR
- Fifth Third Bank – 4.75% interest rate, points not published = 4.848% APR