Home  >  Mortgage Rates  >   Current Mortgage Rates

Current Mortgage Rates

Total Mortgage's current mortgage rates are always among the lowest in the nation - but what's more is that you get exceptional service and our commitment to making sure that you understand the process, the terminology, the documents - everything. We call that the "Total Experience™" and it separates us from all other lenders.

Current Mortgage Rates as of Feb 3, 2012 *

Mortgage Products Rate APR Lock  
30-Year Fixed Conventional 3.625% 3.657% 30 Apply
20-Year Fixed Conventional 3.625% 3.780% 30 Apply
15-Year Fixed Conventional 3.125% 3.322% 30 Apply
30-Year FHA 3.625% 4.975% 30 Apply
30-Year Fixed Jumbo Mortgage 4.375% 4.474% 30 Apply
15-Year Fixed Jumbo Mortgage 3.500% 3.670% 30 Apply
10-Year Fixed Jumbo Mortgage 3.375% 3.621% 30 Apply
5/1-Year ARM Mortgage 2.375% 2.437% 30 Apply
5/1-Year Jumbo ARM Mortgage 2.750% 2.711% 30 Apply
7/1-Year Jumbo ARM Mortgage 3.125% 2.871% 30 Apply
10/1-Year Jumbo ARM Mortgage 3.875% 3.360% 30 Apply

Mortgage rates may change at any time due to market conditions. Actual rates are based on individual loan characteristics.

Lock in your best rate now by:

  • Completing our Short Form
  • Speaking with a mortgage professional now by calling 877-868-2503
  • Chat Live on-line with a mortgage professional

Tips for finding the lowest current mortgage rate:

  • Compare each loan's APR (Annual Percentage Rate). The actual cost of your loan is determined by loan amount, interest rate and fees which vary by lender.
  • Compare lenders' actual fees and closing costs. So-called No Closing Costs Loans are actually loans in which the closing costs are added to the loan amount to reduce out-of-pocket costs for the borrower.
  • Consider locking-in your interest rate. Mortgage rates can fluctuate any time the investment markets are open for trading. Consequently the only way to protect your rate is to ask your lender to lock your rate. Once locked, your interest rate cannot increase or decrease during the lock period.

We are an Equal Housing Lender.

* All the rates shown are for 30 day rate locks. Longer locks are available. The APR for conventional loan amounts is calculated by using a loan amount of $417,000, 1 point, a $495 application fee, $400 appraisal fee, $799 underwriting fee, a $16 flood certification fee and a $20 credit report fee. The APR for jumbo loan amounts is calculated using a loan amount of $500,000, one point, a $495 application fee, $400 appraisal fee, $799 underwriting fee, a $16 flood certification fee and a $20 credit report fee. The APR for FHA loan amounts is calculated using a loan amount of $295,000, one point, a $495 application fee, $450 appraisal fee, $799 underwriting fee, a $16 flood certification fee and a $20 credit report fee. All interest rates listed are for qualified applicants with 740 or higher FICO and 80 LTV and are subject to mortgage approval with full documentation of income. All rates are subject to change without notice. Some rates and fees may vary by state.

All rates shown are for 30 day rate locks with 1 point unless otherwise noted.

Call a Total Mortgage expert now at 877-868-2503 to find out how we can customize a mortgage loan with some of the lowest current mortgage rates for you.

Get a Fast, Free, No Obligation
Mortgage Rate Quote