District of Columbia (DC) Mortgage and Refinance Rates

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Current DC Mortgage Rates

Average market rates for June 16, 2024 in DC are 7.01% for 30-year fixed purchase and 7.08% for 30-year fixed refinance

ProductRateAPR
30-year Fixed Purchase7.01%7.04%
30-year Fixed Refinance7.08%7.12%
Rates based on market averages as of Jun 16, 2024.
ProductRateAPR
30-year Fixed Purchase7.01%7.04%
30-year Fixed Refinance7.08%7.12%
Rates based on market averages as of Jun 16, 2024.

DC Purchase Rates

ProductRateAPR
15-year Fixed Purchase6.05%6.10%
15-year Fixed Jumbo Purchase6.61%6.64%
30-year Fixed Purchase7.01%7.04%
30-year Fixed Jumbo Purchase7.36%7.39%
Rates based on market averages as of Jun 16, 2024.

DC Refinance Rates

ProductRateAPR
15-year Fixed Refinance6.05%6.10%
15-year Fixed Jumbo Refinance6.62%6.65%
30-year Fixed Refinance7.08%7.12%
30-year Fixed Jumbo Refinance7.44%7.47%
Rates based on market averages as of Jun 16, 2024.

DC ARM Rates

ProductRateAPR
5/6 Arm (purchase)7.29%7.33%
5/6 Arm (refinance)7.40%7.45%
5/6 Jumbo Arm (purchase)6.80%6.81%
5/6 Jumbo Arm (refinance)6.86%6.87%
Rates based on market averages as of Jun 16, 2024.

How we source rates and rate trends

Most Common Mortgage Types in DC

  • Conventional: 6,871 loans
  • FHA: 326 loans
  • VA: 405 loans
  • USDA: 1 loans

Top Purchase Lenders in DC by Volume

  • First Savings Mortgage Corporation: 649 loans
  • First Home Mortgage Corporation: 501 loans
  • Caliber Home Loans, Inc.: 394 loans
  • Prosperity Home Mortgage, LLC: 337 loans
  • George Mason Mortgage, LLC: 305 loans
  • Wells Fargo Bank: 278 loans
  • Draper And Kramer Mortgage Corp.: 213 loans
  • Atlantic Coast Mortgage, LLC: 183 loans
  • Citibank: 177 loans
  • Truist Bank: 177 loans

Top Refinance Lenders in DC by Volume

  • PNC Bank: 118 loans
  • Bank Of America: 89 loans
  • Wells Fargo Bank: 89 loans
  • Rocket Mortgage, LLC: 81 loans
  • Truist Bank: 74 loans
  • Bank-fund Staff Federal Credit Union: 57 loans
  • First Savings Mortgage Corporation: 49 loans
  • Sandy Spring Bank: 43 loans
  • American Advisors Group: 40 loans
  • Td Bank: 37 loans

Top Cash-Out Refinance Lenders in DC by Volume

  • Rocket Mortgage, LLC: 337 loans
  • Bank-fund Staff Federal Credit Union: 107 loans
  • Loandepot.com, LLC: 98 loans
  • Wells Fargo Bank: 86 loans
  • Nationstar Mortgage LLC: 77 loans
  • Navy Federal Credit Union: 59 loans
  • Wright Patman Congressional Federal Credit Union: 57 loans
  • Bank Of America: 47 loans
  • Newrez LLC: 47 loans
  • PNC Bank: 41 loans

How we source lender data

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