Compare today’s best jumbo mortgage and refinance rates, compiled from hundreds of loan offers and analyzed by Investopedia’s rate experts.

The government-sponsored enterprise sees current rate levels likely to stick for longer compared to past forecasts, with the Iran War looming in the background.

ChatGPT said refinancing with rates stuck at 6% only makes sense in specific situations — and the break-even math most homeowners skip is key to the decision.

The Bank of England's Monetary Policy Committee (MPC) voted to hold interest rates at 3.75% at its last meeting in April. Interest rate movements are influ

Explore current mortgage rates and what they mean for home buyers

Adjustable-rate mortgage (ARM) loans, on the other hand, are another story entirely. These loans come with variable rates that are lower overall, which can make them seem like a better deal, at least on the surface.

Mortgage applications increased modestly last week, as stronger purchase activity more than offset a slight decline in refinances. The Mortgage Bankers Association (MBA) reported a 1.7% increase in total application volume on a seasonally adjusted basis for the week ending May 8.