How to read our rates

The refinance rates shown assume a few basic things, including:

  • You have very good credit (a FICO® Score of 740+) and a specific amount of equity for your loan type.1
  • Your loan is for a single-family home as your primary residence.
  • You will purchase up to one mortgage discount point in exchange for a lower interest rate. Connect with a mortgage loan officer to learn more about mortgage points.

Check out the refinance rates charts below to find 30-year and 15-year refinance rates for each of the different mortgage loans U.S. Bank offers. If you decide not to purchase mortgage discount points at closing, your interest rate may be higher than the rates shown here. To learn more about rates and to see what you may qualify for, contact a mortgage loan officer.

 

Conventional fixed-rate refinance loans

See a conforming fixed-rate estimated monthly payment and APR example.2

This table shows rates for conventional fixed-rate mortgages through U.S. Bank.
Term 30-year fixed
Rate
APR
Points
Term 20-year fixed
Rate
APR
Points
Term 15-year fixed
Rate
APR
Points
Term 10-year fixed
Rate
APR
Points
This table shows rates for conventional fixed-rate mortgages through U.S. Bank.
Term Rate APR
Points
30-year fixed
20-year fixed
15-year fixed
10-year fixed

Jumbo adjustable-rate refinance loans

See an ARM estimated monthly payment and APR example.3

This table shows rates for adjustable-rate mortgages through U.S. Bank.
Term 10-year ARM
Rate
APR
Points
Term 7-year ARM
Rate
APR
Points
Term 5-year ARM
Rate
APR
Points
This table shows rates for adjustable-rate mortgages through U.S. Bank.
Term Rate APR
Points
10-year ARM
7-year ARM
5-year ARM

FHA refinance loans

See an FHA estimated monthly payment and APR example.4

This table shows rates for FHA mortgages through U.S. Bank.
Term 30-year fixed - FHA
Rate
APR
Points
This table shows rates for FHA mortgages through U.S. Bank.
Term Rate APR
Points
30-year fixed - FHA

VA refinance loans

See a VA estimated monthly payment and APR example.5

This table shows rates for VA mortgages through U.S. Bank.
Term 30-year fixed - VA
Rate
APR
Points
This table shows rates for VA mortgages through U.S. Bank.
Term Rate APR
Points
30-year fixed - VA

Jumbo refinance loans

See a jumbo estimated monthly payment and APR example.6

This table shows rates for jumbo mortgages through U.S. Bank.
Term 30-year fixed - jumbo
Rate
APR
Points
Term 20-year fixed - jumbo
Rate
APR
Points
Term 15-year fixed - jumbo
Rate
APR
Points
This table shows rates for jumbo mortgages through U.S. Bank.
Term Rate APR
Points
30-year fixed - jumbo
20-year fixed - jumbo
15-year fixed - jumbo

Lock in your rate.

We offer a variety of home refinancing options. Let one of our dedicated mortgage loan officers help you find the option that best fits your needs.

Find a mortgage loan officer near you or call us at 855-815-8894.

Mortgage interest rates vs. APR

The interest rate is the cost of borrowing the principal loan amount. The interest rate does not reflect fees or any other charges you may need to pay for the loan. The Annual Percentage Rate (APR) represents the true yearly cost of your loan. It includes the actual interest you pay to the lender, plus any fees or costs. That’s why a mortgage APR is typically higher than the interest rate – and why it’s such an important number to know when comparing loan offers.

Learn about rate vs. APR