Current Rhode Island Mortgage Rates
Average market rates for December 07, 2025 in Rhode Island are 6.22% for 30-year fixed purchase and 6.31% for 30-year fixed refinance
| Product | Rate | APR |
|---|
| 30-year Fixed Purchase | 6.22% | 6.25% |
| 30-year Fixed Refinance | 6.31% | 6.33% |
Rates based on market averages as of Dec 06, 2025.Mortgage Rate Trends in Rhode Island
| Product | Rate | APR |
|---|
| 30-year Fixed Purchase | 6.22% | 6.25% |
| 30-year Fixed Refinance | 6.31% | 6.33% |
Rates based on market averages as of Dec 06, 2025.Rhode Island Purchase Rates
| Product | Rate | APR |
|---|
| 15-year Fixed Purchase | 5.36% | 5.41% |
| 15-year Fixed Jumbo Purchase | 6.32% | 6.35% |
| 30-year Fixed Purchase | 6.22% | 6.25% |
| 30-year Fixed Jumbo Purchase | 6.44% | 6.46% |
Rates based on market averages as of Dec 06, 2025.Rhode Island Refinance Rates
| Product | Rate | APR |
|---|
| 15-year Fixed Refinance | 5.33% | 5.37% |
| 15-year Fixed Jumbo Refinance | 6.28% | 6.31% |
| 30-year Fixed Refinance | 6.31% | 6.33% |
| 30-year Fixed Jumbo Refinance | 6.42% | 6.44% |
Rates based on market averages as of Dec 06, 2025.Rhode Island ARM Rates
| Product | Rate | APR |
|---|
| 5/6 Arm (purchase) | 6.05% | 6.08% |
| 5/6 Arm (refinance) | 6.06% | 6.09% |
| 5/6 Jumbo Arm (purchase) | 5.89% | 5.90% |
| 5/6 Jumbo Arm (refinance) | 5.94% | 5.95% |
Rates based on market averages as of Dec 06, 2025.How we source rates and rate trends
×
Rate data in the charts and tables above comes from
RateUpdate.com.
The displayed rates come from multiple providers and represent market averages. Your mortgage rate will differ
based on individual factors like your credit score as well as differing loan types and terms offered by lenders.
Most Common Mortgage Types in Rhode Island
- FHA: 2,677 loans
- Conventional: 8,664 loans
- VA: 660 loans
- USDA: 6 loans
Top Purchase Lenders in Rhode Island by Volume
- Movement Mortgage, LLC: 929 loans
- Nfm, Inc.: 655 loans
- Navigant Credit Union: 544 loans
- Primary Residential Mortgage, Inc.: 425 loans
- Guild Mortgage Company LLC: 373 loans
- The Washington Trust Company, Of Westerly: 371 loans
- Shamrock Home Loans, Inc.: 360 loans
- Northpointe Bank: 354 loans
- Citizens Bank: 340 loans
- Semper Home Loans, Inc.: 318 loans
Top Refinance Lenders in Rhode Island by Volume
- Citizens Bank: 1,292 loans
- Pawtucket: 480 loans
- Navigant Credit Union: 402 loans
- The Washington Trust Company, Of Westerly: 211 loans
- Bank Rhode Island: 142 loans
- Rocket Mortgage, LLC: 141 loans
- Webster Bank: 106 loans
- Bank Of America: 94 loans
- Semper Home Loans, Inc.: 69 loans
- Freedom Mortgage Corporation: 68 loans
Top Cash-Out Refinance Lenders in Rhode Island by Volume
- Rocket Mortgage, LLC: 720 loans
- Pawtucket: 359 loans
- Citizens Bank: 274 loans
- Navigant Credit Union: 253 loans
- Loandepot.com, LLC: 222 loans
- Nationstar Mortgage LLC: 171 loans
- Banknewport: 170 loans
- Greenwood Credit Union: 165 loans
- Freedom Mortgage Corporation: 139 loans
- Rhode Island Credit Union: 138 loans
How we source lender data
Meet the Author
The Refi.com team is compiled of journalists, editors, and mortgage industry professionals to ensure you have the most accurate information on mortgage refinancing.
