District of Columbia (DC) Mortgage and Refinance Rates

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Current DC Mortgage Rates

Average market rates for October 08, 2024 in DC are 6.69% for 30-year fixed purchase and 6.56% for 30-year fixed refinance

ProductRateAPR
30-year Fixed Purchase6.69%6.74%
30-year Fixed Refinance6.56%6.61%
Rates based on market averages as of Oct 08, 2024.
ProductRateAPR
30-year Fixed Purchase6.69%6.74%
30-year Fixed Refinance6.56%6.61%
Rates based on market averages as of Oct 08, 2024.

DC Purchase Rates

ProductRateAPR
15-year Fixed Purchase5.63%5.70%
15-year Fixed Jumbo Purchase6.05%6.09%
30-year Fixed Purchase6.69%6.74%
30-year Fixed Jumbo Purchase7.08%7.11%
Rates based on market averages as of Oct 08, 2024.

DC Refinance Rates

ProductRateAPR
15-year Fixed Refinance5.38%5.45%
15-year Fixed Jumbo Refinance5.97%6.01%
30-year Fixed Refinance6.56%6.61%
30-year Fixed Jumbo Refinance7.02%7.04%
Rates based on market averages as of Oct 08, 2024.

DC ARM Rates

ProductRateAPR
5/6 Arm (purchase)6.49%6.55%
5/6 Arm (refinance)6.64%6.71%
5/6 Jumbo Arm (purchase)6.10%6.11%
5/6 Jumbo Arm (refinance)6.15%6.16%
Rates based on market averages as of Oct 08, 2024.

How we source rates and rate trends

Most Common Mortgage Types in DC

  • Conventional: 4,915 loans
  • FHA: 289 loans
  • VA: 365 loans

Top Purchase Lenders in DC by Volume

  • First Savings Mortgage Corporation: 413 loans
  • First Home Mortgage Corporation: 375 loans
  • Citibank: 235 loans
  • Prosperity Home Mortgage, LLC: 230 loans
  • Truist Bank: 187 loans
  • George Mason Mortgage, LLC: 184 loans
  • JPMorgan Chase Bank: 155 loans
  • Capital Bank: 149 loans
  • Vellum Mortgage, Inc.: 138 loans
  • Rocket Mortgage, LLC: 137 loans

Top Refinance Lenders in DC by Volume

  • Wells Fargo Bank: 66 loans
  • PNC Bank: 50 loans
  • Bank Of America: 28 loans
  • Truist Bank: 22 loans
  • First Savings Mortgage Corporation: 21 loans
  • Sandy Spring Bank: 16 loans
  • Citizens Bank: 14 loans
  • Td Bank: 14 loans
  • Finance Of America Reverse LLC: 10 loans
  • Rocket Mortgage, LLC: 10 loans

Top Cash-Out Refinance Lenders in DC by Volume

  • Rocket Mortgage, LLC: 167 loans
  • Bank-fund Staff Federal Credit Union: 72 loans
  • Wright Patman Congressional Federal Credit Union: 37 loans
  • Navy Federal Credit Union: 31 loans
  • Nationstar Mortgage LLC: 25 loans
  • Loandepot.com, LLC: 20 loans
  • Nextmark: 13 loans
  • Wells Fargo Bank: 12 loans
  • Amerisave Mortgage Corporation: 11 loans
  • Flagstar Bank, Fsb: 11 loans

How we source lender data

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