Mortgage Rates

Definitions

Rate

Normalized interest rate adjusted to 0 points for fair comparison. Rankings are based on this rate.

↓/↑

Change in basis points over the selected period. Green ↓ = rate dropped. Red ↑ = rate increased.

7D / 14D / 1M

Toggle to show sparkline and delta over 7 snapshots, 14 snapshots, or ~30 snapshots (1 month).

APR

Annual Percentage Rate. Total yearly cost including interest and fees, as disclosed by the lender.

Adv.

Advertised rate shown by the lender, which may include discount points.

Pts

Discount points paid at closing. 1 point = 1% of loan amount, typically reduces rate by ~0.25%.