Trusted & Secure
- 100% online application available
- Historically low interest rates, fast service
- No login, no registration required
New American Funding Highlights
- Click "VIEW RATES" to get your mortgage refinance rate on New American Funding's secure site
- Over $45 billion in home loans
- Minimum credit score of 620 to qualify
- Purchase, Refinance, Home Equity, Reverse, Jumbo, Fixed, Adjustable, FHA, VA, USDA
- Fully online process, fast and easy
- No SSN or login registration required to get pre-qualified
- Ask about the AmeriSave Certified Closing
- Get a customized rate quote in 3 minutes
- Lock your rate for 90 days while you home shop
- Conventional, FHA, & VA Loans
AmeriSave Highlights
- Click "VIEW RATES" and Compare Refinance Rates in 3 Minutes on AmeriSave Without Affecting Your Credit Score
- Direct Mortgage Lender Operating in 49 States and DC
- 228763+ Homes Financed
- 94% Of Our Customers* Say They Would Recommend AmeriSave To Their Friends and Family.
- It Only Takes a Few Minutes to get Mortgage Rates & to be Pre-Qualified
- Ask Us About Our ‘Lock & Shop’, ‘Certified Closing Promise’ Programs
- Fully online mortgage process
- Live help available 7 days/week
- Direct home loan lender with low rates
QuickenLoans Highlights
- Click "VIEW RATES" and compare mortgage rates with QuickenLoans without affecting your credit score
- Founded in 1985, QuickenLoans is the nation's largest mortgage lender ⓘ
- Live chat & phone support mortgage experts are available 7 days per week to help with your home buying process
- Award winning customer service
- Must have good credit (typically a FICO score of 620 or higher)
- Custom fixed-rate loan terms between 8 and 30 years for Purchase, Jumbo, Fixed, Adjustable, FHA, VA
- Great for first-time home buyers
- Quick and easy pre-approval process
- Home loan experts available
Rocket Mortgage Highlights
- Click "VIEW RATES" to start your new home loan process with Rocket Mortgage by QuickenLoans
- 24 hour access to your loan online and on the Rocket Mortgage app
- Top-rated lender in customer satisfaction in the U.S
- With over 35 yers of experience, Rocket Mortgage & Quicken Loans have helped over 5 million home owners close on their mortgage
- See how much you qualify for and at what rate, all online or from your phone
- Conveniently upload necessary documents to complete your mortgage approval into your free Rocket Account
- Rocket Mortgage is an easy-to-use digital lender that will tell you how much you qualify for in minutes
- Personalized lender rates
- No credit score impact to check rates
- No spam or sales calls
Credible Highlights
- Click "VIEW RATES" and Compare Prequalified Rates in 3 Minutes on Credible Without Affecting Your Credit Score
- Compare Multiple Lenders and Loans
- Complete the Entire Process from Rate Comparison up to Closing, all on Credible.
- Smart Technology: We Streamline the Questions you Need to Answer and Automate the Document Upload Process.
- Multiple Lenders, Fixed Rates, Adjustable Rates, Secured with 256-bit Encryption
- NMLS #1681276, Not Available in All States*
- Digital Mortgage Experience
- Most locations nationwide
- Direct home loan lender with low rates
Bank of America Highlights
- Click "VIEW RATES" and compare mortgage rates with QuickenLoans without affecting your credit score
- Founded in 1985, QuickenLoans is the nation's largest mortgage lender ⓘ
- Live chat & phone support mortgage experts are available 7 days per week to help with your home buying process
- Award winning customer service
- Must have good credit (typically a FICO score of 620 or higher)
- Custom fixed-rate loan terms between 8 and 30 years for Purchase, Jumbo, Fixed, Adjustable, FHA, VA
Best Overall Choice:
- 100% online application available
- Historically low interest rates, fast service
- No login, no registration required
New American Funding Highlights
- Click "VIEW RATES" to get your mortgage refinance rate on New American Funding's secure site
- Over $45 billion in home loans
- Minimum credit score of 620 to qualify
- Purchase, Refinance, Home Equity, Reverse, Jumbo, Fixed, Adjustable, FHA, VA, USDA
- Fully online process, fast and easy
- No SSN or login registration required to get pre-qualified
The Best Overall Mortgage Lender for 2022
Other Top-rated Mortgage Refi Company New American Funding Our Partner
1. New American Funding
- Best for: Fast, honest, and fair mortgage refinancing
- Impact to Credit Score to check rates: None
- Time it takes to get rates: 2 minutes
New American Funding offers a simple, fast, and easy way to refinance your mortgage 100% online.
Average Annual Mortgage Rate Chart
| Year | Average 15-Year Mortgage Rate |
|---|---|
| 2021 | 2.20% |
| 2020 | 2.61% |
| 2019 | 3.39% |
| 2018 | 4.00% |
| 2017 | 3.38% |
| 2016 | 2.93% |
This table shows the annual average 15-year rate fixed mortgage for each of the following years dating back to 2016. Due to historically low mortgage rates, experts recommend locking in your rate soon, because rates can’t stay this low forever.
About Mortgage Loans
Recently, the US Federal Reserve set Federal interest rates to almost 0.25%. This is amazing news for anyone looking to take out a mortgage or refinance.
How Do Mortgages Work?
In the simplest terms, mortgages are basically large loans from banks or financial institutions. It’s just another way to borrow money.
For example, if you borrow $200,000 at 3.00% APR, you will pay approximately $6,000 per year for the ability to have $200,000 to purchase a house to live in. This is why mortgage rates are so important, because the higher your mortgage rate, the more money you will pay in the long-run.
What 0.00% Federal Interest Rates Mean for Homeowners
If you have a mortgage, experts say now is a good time to lock in low refinance rates. Relatively speaking, rates are still near a historic low. Realistically, with the Federal Reserve’s FOMC forecast, rates are going to rise for the next 6 months, so not locking in low rates now could cost you in the future.
Simply put, at this point in time, because Federal interest rates are still low, if you don’t think about locking in your mortgage loan now, you’ll likely miss out, because it is unlikely for rates to stay near 0.25% forever.
Any Fees to Check Rates?
No! Checking your mortgage rates is totally free! We only feature companies on this page that are 100% free to check your rate with.
There’s no harm to see if you qualify for a mortgage loan rate today.
Checking your rate will also NOT affect your credit score.
Which Mortgages are Eligible for Refinancing?
Virtually any mortgage is eligible to be refinanced. There is also no limit on the amount of times you can refinance your mortgage. Common types of mortgages include:
- Fixed rate mortgages
- Adjustable rate mortgages
- VA mortgages
- Jumbo mortgages
About Mortgage Refinancing
Mortgage refinancing can lower your monthly mortgage payments by reducing the amount you’ll owe in interest every month. Although there might be some minor fees for refinancing with some lenders, if you reduce your interest rate, you’ll likely save more money every month.
Because interest rates are so low, mortgage experts recommend refinancing now.
Will Getting My Rates Affect My Credit Score
No! There is no impact to check your mortgage loan rate with any company on this page. A lot of the companies on this page also offer cash-out refinancing, where you can take out a cash loan of $1,000 to $100,000 against your home at extremely low interest rates.
Best Overall Choice:
- 100% online application available
- Historically low interest rates, fast service
- No login, no registration required
New American Funding Highlights
- Click "VIEW RATES" to get your mortgage refinance rate on New American Funding's secure site
- Over $45 billion in home loans
- Minimum credit score of 620 to qualify
- Purchase, Refinance, Home Equity, Reverse, Jumbo, Fixed, Adjustable, FHA, VA, USDA
- Fully online process, fast and easy
- No SSN or login registration required to get pre-qualified
