Midwest Lending is an independently owned residential mortgage broker focusing on the needs of our customers and our communities. At Midwest Lending, we pride ourselves on our ability to match all our clients with the best loan program for their needs. At Midwest Lending, we wholeheartedly believe that homeownership —  and the pride, security, and stability that come with it — is the cornerstone of the modern American Dream.

Mortgage Interest Rates

Averages Current Previous Change Mortgage News Daily updated daily 30 Yr Fixed 4.66 4.65 +0.01 15 Yr Fixed 4.14 4.13 +0.01 FHA 30 Yr 4.38 4.37 +0.01 Jumbo 30 Yr 4.59 4.59 -- 5/1 Yr ARM 4.00 3.99 +0.01 FHFA updated monthly 15 Yr Fixed 3.65 3.56 +0.09 30 Yr Fixed 4.19 4.17 +0.02 Freddie Mac updated weekly 30 Yr Fixed 4.52 3.95 +0.57 15 Yr Fixed 3.99 3.31 +0.68 1 Yr ARM 2.68 2.68 -- 5/1 Yr ARM 3.74 3.21 +0.53	30 Year Fixed
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Mortgage Rates Edge Slightly Higher Mortgage rates were modestly higher today amid exceptionally quiet market conditions. In general, the bond market (which underlies mortgage rates) has been sideways and fairly lifeless since the end o...

Averages Current Previous Change Mortgage News Daily updated daily 30 Yr Fixed 4.74 4.71 +0.03 15 Yr Fixed 4.22 4.19 +0.03 FHA 30 Yr 4.42 4.39 +0.03 Jumbo 30 Yr 4.37 4.35 +0.02 5/1 Yr ARM 4.02 4.00 +0.02 FHFA updated monthly 15 Yr Fixed 3.65 3.56 +0.09 30 Yr Fixed 4.19 4.17 +0.02 Freddie Mac updated weekly 30 Yr Fixed 4.60 3.95 +0.65 15 Yr Fixed 4.06 3.31 +0.75 1 Yr ARM 2.68 2.68 -- 5/1 Yr ARM 3.93 3.21 +0.72	30 Year Fixed
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Mortgage Rates Jump to 4-Month Highs Mortgage rates had a bad day. Even after a weaker reading on Retail Sales (something that normally helps), the bond market lost ground. Unfortunately, that's consistent with the rest of the week as in...

Averages Current Previous Change Mortgage News Daily updated daily 30 Yr Fixed 4.74 4.71 +0.03 15 Yr Fixed 4.22 4.19 +0.03 FHA 30 Yr 4.42 4.39 +0.03 Jumbo 30 Yr 4.37 4.35 +0.02 5/1 Yr ARM 4.02 4.00 +0.02 FHFA updated monthly 15 Yr Fixed 3.65 3.56 +0.09 30 Yr Fixed 4.19 4.17 +0.02 Freddie Mac updated weekly 30 Yr Fixed 4.60 3.95 +0.65 15 Yr Fixed 4.06 3.31 +0.75 1 Yr ARM 2.68 2.68 -- 5/1 Yr ARM 3.93 3.21 +0.72	30 Year Fixed
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Mortgage Rates Jump to 4-Month Highs Mortgage rates had a bad day. Even after a weaker reading on Retail Sales (something that normally helps), the bond market lost ground. Unfortunately, that's consistent with the rest of the week as in...

Averages Current Previous Change Mortgage News Daily updated daily 30 Yr Fixed 4.74 4.71 +0.03 15 Yr Fixed 4.22 4.19 +0.03 FHA 30 Yr 4.42 4.39 +0.03 Jumbo 30 Yr 4.37 4.35 +0.02 5/1 Yr ARM 4.02 4.00 +0.02 FHFA updated monthly 15 Yr Fixed 3.65 3.56 +0.09 30 Yr Fixed 4.19 4.17 +0.02 Freddie Mac updated weekly 30 Yr Fixed 4.60 3.95 +0.65 15 Yr Fixed 4.06 3.31 +0.75 1 Yr ARM 2.68 2.68 -- 5/1 Yr ARM 3.93 3.21 +0.72	30 Year Fixed
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Mortgage Rates Jump to 4-Month Highs Mortgage rates had a bad day. Even after a weaker reading on Retail Sales (something that normally helps), the bond market lost ground. Unfortunately, that's consistent with the rest of the week as in...

Averages Current Previous Change Mortgage News Daily updated daily 30 Yr Fixed 4.96 4.95 +0.01 15 Yr Fixed 4.44 4.43 +0.01 FHA 30 Yr 4.50 4.50 -- Jumbo 30 Yr 4.40 4.40 -- 5/1 Yr ARM 4.47 4.45 +0.02 FHFA updated monthly 15 Yr Fixed 4.15 4.17 -0.02 30 Yr Fixed 4.78 4.77 +0.01 Freddie Mac updated weekly 30 Yr Fixed 4.90 3.95 +0.95 15 Yr Fixed 4.29 3.31 +0.98 1 Yr ARM 2.68 2.68 -- 5/1 Yr ARM 4.07 3.21 +0.86	30 Year Fixed
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Mortgage Rates Modestly Higher Ahead of Fed Minutes Mortgage rates didn't move much today. Some lenders were perfectly unchanged, but the average lender was just slightly higher. That's at odds with underlying bond market movement (which directly impac...

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