Welcome home!

‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
‌
White down icon

HELOC rates have dropped! Apply in 5 minutes and get your funds in as few as 5 days.

National average rates

National Average Rates

15-year fixed

Current rate

‌

Rates current as of . National Average Rates. OBMMI calculates national averages from actual locked rates across 35% of all mortgage transactions nationwide using borrower attributes to provide configurable trending of rates over time. Data is provided for informational use only and is not advertised as available pricing from Rate.

National Average Rates

30-year fixed

Current rate

‌

Rates current as of . National Average Rates. OBMMI calculates national averages from actual locked rates across 35% of all mortgage transactions nationwide using borrower attributes to provide configurable trending of rates over time. Data is provided for informational use only and is not advertised as available pricing from Rate.

Which loan options are available for existing homeowners

Existing homeowners can tap into their home’s value through a home equity loan or refinance to change the terms of your loan.

Dollar sign with circle border

HELOC options

One way you can tap into your home equity is through a HELOC, or home equity line of credit.


HELOCs open a line of credit based on the equity you have in your home. You can learn your home equity by subtracting your remaining mortgage balance from your home’s current value. Applying for a HELOC can show you how much of your home’s value you can access.

 

Use my equity
Black home icon with blue background

Home refinance options

Refinancing your home loan can change the terms of your mortgage, especially if you notice a change in mortgage rates. Some of these changes could potentially be:

  • Lower interest rates
  • Smaller monthly payments
  • Access to your increased home value
  • Change in the mortgage term
Start a refinance

Need assistance? Reach out to a customer service specialist.

Email an expert

The Home Valuation tool provides an estimated market value for your home using data collected from third parties and public records and is intended to provide you with a general value of the property. This is not an official appraised value nor is it the value that Rate, Inc. will rely upon in making a determination of value or in making a lending decision. Rate, Inc. will rely upon the value as provided by a licensed appraiser contracted by the company. The actual appraised value of any property may be higher or lower than the estimated market value provided by The Home Valuation tool. All estimations are for informational and educational purposes only, and in no way is any of the data contained herein to be construed as financial, investment or legal advice.


Rate, Inc. does not guarantee the quality, accuracy or completeness of the information provided. Rate, Inc. its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action.