Mortgage Rates Today Continue Their Downward Trend | March 2, 2021

Our goal here at Credible Operations, Inc., NMLS number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are ours.

View mortgage rates for March 2, 2021, which are down from yesterday. (iStock)

According to data compiled by Credible Operations, Inc., NMLS number 1681276, mortgage rates have fallen since yesterday.

  • 30-year fixed mortgage rates: 3.000%, unchanged
  • 20-year fixed mortgage rates: 2.750%, down from 2.875%, -0.125
  • Fixed mortgage rates over 15 years: 2.375%, unchanged
  • 10-year fixed mortgage rates: 2.250%, unchanged

Rates last updated on March 2, 2021. These rates are based on the assumptions presented here. Actual rates may vary.

To find the best mortgage rate, start by using Credible, which can show you current mortgage and refinance rates:

Browse the rates of several lenders so you can make an informed decision about your home loan.

A look at current mortgage refinancing rates

Today’s mortgage refinance rates have shown mixed results since yesterday. Average rates for 20-year fixed-rate mortgages have fallen, while those for 15-year mortgages have increased. These opposing changes kept the average rate for all types of loans stable at 2.833% for the second day in a row. If you are considering refinancing an existing home, find out what refinancing rates look like:

  • 30-year fixed rate refinancing: 3.125%, unchanged
  • 20-year fixed rate refinancing: 2.875%, down from 3,000%, -0.125
  • Refinancing at a fixed rate over 15 years: 2.500%, up 2.375%, +0.125
  • 10-year fixed rate refinancing: 2.375%, unchanged

Rates last updated on March 2, 2021. These rates are based on the assumptions presented here. Actual rates may vary.

A site like Credible can be of great help when you are ready to compare mortgage refinance loans. Credible allows you to view pre-qualified rates for conventional mortgages from multiple lenders within minutes. Visit Credible today to begin.

Current mortgage rates

Mortgage interest rates have fallen again slightly today, with the average rate for all types of loans falling to 2.708%. Only 30-year mortgages remain at 3%.

Current 30-year mortgage rates

The current interest rate for a 30 year fixed rate mortgage is 3000%. It’s the same as yesterday.

Current 20-year mortgage rates

The current interest rate for a 20 year fixed rate mortgage is 2.750%. This is down from yesterday.

Current 15-year mortgage rates

The current interest rate for a 15 year fixed rate mortgage is 2.375%. It’s the same as yesterday.

Current 10-year mortgage rates

The current interest rate for a 10 year fixed rate mortgage is 2.250%. It’s the same as yesterday.

You can explore your mortgage options in minutes by visiting Credible to compare the current rates of various lenders who offer mortgage refinancing as well as home loans. Discover Credible and get prequalified today, and take a look at current refinance rates via the link below.

Rates last updated on March 2, 2021. These rates are based on the assumptions presented here. Actual rates may vary.

How mortgage rates have changed

Today, mortgage rates are up from the same time last week.

  • 30-year fixed mortgage rates: 3.000%, the same as last week
  • 20-year fixed mortgage rates: 2.750%, compared to 2.875% last week, -0.125
  • Fixed mortgage rates over 15 years: 2.375%, compared to 2.250% last week, +0.125
  • 10-year fixed mortgage rates: 2.250%, the same as last week

Rates last updated on March 2, 2021. These rates are based on the assumptions presented here. Actual rates may vary.

If you are trying to find the right rate for your mortgage or are looking to refinance an existing home, consider using Credible. You can use Credible’s free online tool to easily compare multiple lenders and see pre-qualified rates in minutes.

How to get low mortgage rates

Current mortgage and refinancing rates are affected by many economic factors, such as unemployment and inflation. But your personal financial history will also be determine the rates offered to you.

If you want to get the lowest possible monthly mortgage payment, taking the following steps can help you get a lower rate on your home loan:

It’s also a good idea to compare the rates of different lenders to find the best rate for your financial goals. According to research by Freddie mac, borrowers can save an average of $ 1,500 over the life of their loan by purchasing one additional rate quote – and an average of $ 3,000 by comparing five quotes.

Credible can help you compare the current rates of several mortgage lenders at a time in minutes. Are you looking to refinance an existing home? Use Credible’s online tools to compare rates and get prequalified today.

Mortgage interest rates by type of loan

Whether you’re a first-time home buyer looking for a 30- or 15-year mortgage, or looking to refinance an existing home, Credible can help you find the mortgage that meets your financial goals.

Before completing your mortgage application, check out these loan rates, which you can compare by annual percentage rate (APR) as well as the interest rate:

Mortgage refinancing:

Buying a house:

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