RateVerdict

Mortgage rates today

Every rate for your scenario, with what it costs or pays you at closing.

Live rates. No name, phone or email needed to see them.

Refinance · $400,000 · 780+ credit · Michigan
72.7% LTV, single-family, 30-day lock. Jumbo pricing applies automatically above the conforming limit.
Rates as of Fri, Oct 16, 12:05 PM ET

Up to 23 lenders priced each rate. You see the best price at each one.

6.250%Lowest rate6.523%APR2.370points$9,480cost$2,463/mo P&I
6.375%6.591%APR1.710points$6,840cost$2,495/mo P&I
6.500%6.659%APR1.075points$4,300cost$2,528/mo P&I
6.625%6.730%APR0.469points$1,876cost$2,561/mo P&I
6.750%Closest to $06.812%APR0.092credit$368lender credit$2,594/mo P&I
6.875%6.939%APR0.686credit$2,744lender credit$2,628/mo P&I
7.000%7.066%APR1.231credit$4,924lender credit$2,661/mo P&I
7.125%7.193%APR1.736credit$6,944lender credit$2,695/mo P&I
7.250%7.319%APR2.148credit$8,592lender credit$2,729/mo P&I
7.375%7.445%APR2.629credit$10,516lender credit$2,763/mo P&I
7.500%7.571%APR3.065credit$12,260lender credit$2,797/mo P&I
7.625%Highest credit7.696%APR3.204credit$12,816lender credit$2,831/mo P&I

30-year fixed conventional rate-and-term refinance, $400,000 loan, $550,000 value, 780 or higher credit, single-family primary residence in Michigan. Points are a percentage of the loan amount; a lender credit lowers your closing costs. APR includes the points shown and an estimate of typical closing costs. Monthly payment is principal and interest only and does not include taxes, insurance or mortgage insurance. Lender fees and third-party closing costs are separate. Not a rate lock or a commitment to lend; your rate depends on your full file. Rate disclosures.

How these rates are priced

Lenders do not charge the same price for the same rate. We price your scenario with every lender in our wholesale network, keep the best price at each rate, and show you all of them. The number on this page is the number you are quoted. F5 Mortgage LLC is a licensed broker, and we never sell or share your information with other lenders.

Read the full methodology

Questions, answered plainly

Do I have to give my name, phone or email to see rates?

No. Every rate on this page is live pricing you can see without giving us any contact details, and there is no credit pull. You only share contact details if you pick a rate and want us to lock it in for you.

Why do lenders charge different prices for the same rate?

Each lender sets its own price for every rate based on its costs, its appetite for that kind of loan and how busy it is. For one scenario a dozen or more lenders can offer the same rate at prices thousands of dollars apart. We price them all and show you the best price at each rate.

What is a lender credit?

A lender credit is money the lender puts toward your closing costs in exchange for a slightly higher rate. Points are the opposite: you pay at closing to buy a lower rate. Every row on this page shows which one applies and how many dollars it is.

Are these real rates or teaser rates?

They are real prices from live lender rate sheets for the scenario shown, each with its APR and the date and time it was priced. Your final rate depends on your full file, and nothing here is a rate lock until you lock it.

What happens if I pick a rate?

You give us a name and a way to reach you, and a licensed loan officer confirms the details and locks the rate with the lender priced best for it. We tell you which lender that is. Your information is never sold to other lenders.