Get Mortgage Purchase Rates Today

Homesite Mortgage offers consumer-direct mortgages with the best available mortgage purchase rates today.

Mortgage Purchase Rates Today

Your mortgage purchase rates are determined by various economic factors, but working with the right lender will help you get the best rates to start with. Here are some of the average mortgage purchase rates today, though these will be personalized to suit your situation.

30-Yr Fixed
15-Yr Fixed


3.257% APR


2.841% APR



3.385% APR


2.967% APR



3.488% APR


3.957% APR



3.512% APR


3.094% APR

Get the Best Mortgage Purchase Rates Today

Mortgage rates are constantly changing. We can help you get the best mortgage purchase rates today and stay up-to-date, so you’re ready to move at the right time. When you sign up for rate updates, you’ll get the latest average mortgage rates right to your inbox.

Keep in mind that these rates are based on specific criteria, and that your custom mortgage rate will depend on your loan terms, credit score, and other factors that are unique to you. To learn more about your personalized mortgage purchase rate, make an appointment with a banker.

Mortgage Purchase Rates FAQs

Is the interest from my mortgage rate tax deductible?

The interest you are paying for on your home loan is frequently tax deductible (if it is your primary residence). Speak with a tax specialist to find out if you will be able to deduct the mortgage rate interest on next year’s tax return.

Who should pay closing costs?

Occasionally, the seller of the house may agree to paying for some or all of the closing costs in negotiations. If you have closing costs to cover though, the simplest option is to pay them out of pocket. You may have the ability to negotiate with your lender to have the closing costs lumped into your mortgage—that may result in a higher interest rate, but you wouldn’t have all of the upfront costs to cover at once.

What are mortgage points?

Mortgage points (also known as “discount points”) are opportunities for you to pay a one-time fee in order to receive a lower mortgage rate on your home loan. Each point is equivalent to 1% of your total loan amount—typically resulting in a mortgage rate that’s 1/8–1/4 of a percent lower than your originally quoted mortgage rate.

What is an interest-only loan?

An interest-only loan is a loan option where you will only pay interest for a predetermined amount of years before adding principal payments into your monthly mortgage cost. Interest-only loans are a popular option for those who expect to see a large spike in income in coming years. On the other hand, interest-only loans are often a much higher risk than traditional loans since the payment will increase noticeably once the principal part of the loan is added. Additionally, during the years of only paying interest, you will not be building any equity in your home. However, for the right situation and qualifying borrower, interest-only loans can be appealing options by offering flexibility in your monthly budget.

Should I opt for a fixed-rate or adjustable-rate mortgage?

Because the mortgage rates on fixed-rate loans don’t change over the life of the loan—regardless of economic shifts— they’re a secure option if you plan to stay in the home long term. With an adjustable-rate mortgage, you’re guaranteed to have the mortgage rate agreed upon for a set period of time, and then the interest rate will adjust based on the current mortgage rates.Because adjustable-rates are only fixed for a short period of time (five, seven, or ten years) and can adjust annually after the fixed rate period; their rates tend to be lower than fixed-rate mortgages. However, if you plan to sell your home prior to the interest rate re-adjusting, an ARM can offer you significant savings.

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Why choose Homesite Mortgage for your refinance?

Our licensed mortgage bankers are trained to offer intelligent mortgage advice!

Our interest rates and closing costs are low so that you’ll save more money!

We may be able to waive the need for a home appraisal!

Our state-of-the-art technology is designed to save you time and keep your personal information safe!

Our mortgage process is quick and easy – you’ll typically close your loan in just 18-20 business days!

Our company culture is truly consumer-focused and we guarantee your mortgage experience will be better than any other!