Features. A 30-year fixed jumbo mortgage is a home loan that will be repaid over 30 years at a fixed interest rate. The amount of a jumbo mortgage will exceed the current Fannie Mae and Freddy Mac.

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Prime Rate For Mortgages Furthermore, below-Prime-Rate loans are relatively common when the loan product in question is secured, as is the case with mortgages, home equity loans, home equity lines of credit and car loans. Every U.S. bank sets its own Prime Rate.

As of August 7, 2019, mortgage rates for 30-year fixed mortgages fell over the past week, with the rate borrowers were quoted on Zillow at 3.76%, down one basis point from July 31. Share The 30-year fixed mortgage rate reached new long-term lows during the week.

Fixed Rate vs Adjustable Rate Mortgages. Most people tend to choose fixed rate mortgages, however jumbo loans are available in both fixed and adjustable versions. Looking at the above chart it is clear rates are near historical lows, so those in need of stability who are looking to build equity in their home will likely want to choose fixed rates.

Jumbo mortgages are essentially the same as normal mortgages, only they’re for larger amounts of money. As far as Wells Fargo goes, the rates for fixed-rate jumbo mortgages aren’t necessarily that different from conventional mortgage rates, though you’ll likely need a much more substantial down payment.

Rates and program information are deemed reliable but not guaranteed. Rates on this page are based on the purchase of a single-family, single-unit, detached, primary residence located in Richmond, VA (home of SunTrust Mortgage, A Division of SunTrust Bank). Rates also assume a 30 day lock and are subject to change without prior written notice.

Updated daily Mon-Fri, see mortgage rates from Chase broken down by term and type of. Rate. 3.500%. Amount. $1349.84. 15 Year Fixed Rate. Rate. 3.000%.

If the down payment is less than 20%, mortgage insurance may be required, which could increase the monthly payment and the APR. Jumbo rates are for loan amounts exceeding $484,350 ($726,525 in Alaska and Hawaii).

Watch: Here’s why strong economies spell bad news for mortgage rates. Story continues below. Last Wednesday, Bloomberg.

. rates offered by Capitol Federal. Find today's CapFed home loan rates for home mortgage loans and refinance loans.. JUMBO 30 Yr Fixed Rate.

WASHINGTON — U.S. long-term mortgage. the average rate on the 30-year mortgage dropped to 3.60% from 3.75% last week. A.

Estimate My Mortgage Interest Rate Your exact interest rate will be determined by your lender after consideration of several factors including inflation, Federal Reserve rates, your credit score, and lending fees. See what our current mortgage rates are today and use them in your mortgage calculator input above.

Please contact your Mortgage Loan Originator for specific, customized. Jumbo. On a $230,000, 5-1 arm amortized over 20 years with an initial interest rate of. rate of 4.451%, after fixed-period of 5 years the rate may increase annually;.