The current jumbo mortgage rates have an APR of 7.04% on 30-year terms — the 15-year option has an APR of 6.88%. Your rate may vary based on loan purpose, location and repayment terms.

The current average interest rate on a 30-year fixed-rate jumbo mortgage is 7.03%. Last week, the average rate was 7.00%. If you lock in today’s rate of 7.03% on a 30-year, fixed-rate jumbo mortgage, you will pay $667 per month in principal and interest per $100,000 in financing.

The average mortgage rate for 30-year jumbo loans rose to 7.06% from 6.72% last week. The rate is up from last month’s 6.7% and down from a year ago when it was 8.09%. For every $100,000 you borrow, you'll pay about $669 a month, based on the current 30-year jumbo rate.

As of Oct. 18, 2024, the jumbo 30-year fixed mortgage rate is 6.58%, and the jumbo 15-year rate is 6.77%.