Colorado Mortgage and Refinance Rates

Read Time: 0 minutes

Current Colorado Mortgage Rates

Average market rates for May 24, 2024 in Colorado are 7.09% for 30-year fixed purchase and 7.17% for 30-year fixed refinance

ProductRateAPR
30-year Fixed Purchase7.09%7.11%
30-year Fixed Refinance7.17%7.20%
Rates based on market averages as of May 24, 2024.
ProductRateAPR
30-year Fixed Purchase7.09%7.11%
30-year Fixed Refinance7.17%7.20%
Rates based on market averages as of May 24, 2024.

Colorado Purchase Rates

ProductRateAPR
15-year Fixed Purchase6.29%6.33%
15-year Fixed Jumbo Purchase6.69%6.71%
30-year Fixed Purchase7.09%7.11%
30-year Fixed Jumbo Purchase7.31%7.34%
Rates based on market averages as of May 24, 2024.

Colorado Refinance Rates

ProductRateAPR
15-year Fixed Refinance6.29%6.34%
15-year Fixed Jumbo Refinance6.70%6.72%
30-year Fixed Refinance7.17%7.20%
30-year Fixed Jumbo Refinance7.28%7.31%
Rates based on market averages as of May 24, 2024.

Colorado ARM Rates

ProductRateAPR
5/6 Arm (purchase)7.48%7.51%
5/6 Arm (refinance)7.58%7.62%
5/6 Jumbo Arm (purchase)6.93%6.94%
5/6 Jumbo Arm (refinance)6.99%6.99%
Rates based on market averages as of May 24, 2024.

How we source rates and rate trends

Most Common Mortgage Types in Colorado

  • Conventional: 76,849 loans
  • FHA: 11,286 loans
  • VA: 11,182 loans
  • USDA: 222 loans

Top Purchase Lenders in Colorado by Volume

  • Fairway Independent Mortgage Corporation: 4,946 loans
  • Rocket Mortgage, LLC: 3,636 loans
  • Loandepot.com, LLC: 2,640 loans
  • Ent Credit Union: 2,550 loans
  • Cherry Creek Mortgage, LLC: 2,223 loans
  • Unknown: 2,125 loans
  • Crosscountry Mortgage, LLC: 1,962 loans
  • Firstbank: 1,677 loans
  • Academy Mortgage Corporation: 1,673 loans
  • Guaranteed Rate, Inc.: 1,667 loans

Top Refinance Lenders in Colorado by Volume

  • U.S. Bank: 1,040 loans
  • Rocket Mortgage, LLC: 974 loans
  • Firstbank: 967 loans
  • American Advisors Group: 818 loans
  • Ent Credit Union: 767 loans
  • Canvas Credit Union: 495 loans
  • Unknown: 495 loans
  • Wells Fargo Bank: 457 loans
  • American Financing Corporation: 435 loans
  • Finance Of America Reverse LLC: 432 loans

Top Cash-Out Refinance Lenders in Colorado by Volume

  • Rocket Mortgage, LLC: 4,728 loans
  • American Financing Corporation: 2,528 loans
  • Loandepot.com, LLC: 1,291 loans
  • Bellco: 1,059 loans
  • Freedom Mortgage Corporation: 1,018 loans
  • Nationstar Mortgage LLC: 988 loans
  • Home Point Financial Corporation: 915 loans
  • Wells Fargo Bank: 837 loans
  • Ent Credit Union: 801 loans
  • Pennymac Loan Services, LLC: 784 loans

How we source lender data

Compare Rates and Save on Your Mortgage Loan

See Today's Rates