This interest
| Product | Interest Rate | APR |
|---|---|---|
| 30-Year Fixed-Rate Jumbo | 3.110% | 3.210% |
| 15-Year Fixed-Rate Jumbo | 2.360% | 2.430% |
| 7/1 ARM Jumbo | 3.390% | 3.880% |
| 5/1 ARM Jumbo | 3.220% | 3.900% |
Similarly one may ask, what is the current refinance rate for 30-year fixed?
2.750%
Likewise, how much does it cost to refinance jumbo loan? You can generally expect to pay 2% – 5% of your total loan value in closing costs when you refinance. For example, refinancing a $600,000 jumbo loan means that you can expect to pay $12,000 – $30,000 in cash at closing (unless you roll it into your loan and increase your principal balance).