These days, within the real estate market, mortgage rates are at around a 3% rate. The percentage of mortgage rate depends on a few key factors that firstly include the lending company that is providing the lending. In terms of Optimum First Mortgage, as stated on Zillow, the mortgage rate they are offering is at 3.277%, which falls at just about average or a little below average for what the usual mortgage rate is today. In terms of the Optimum First Mortgage percentage point, it is based on a 30 year fixed rate. The lending is based on a $240,000 lending amount, which means that per month, this percentage rate will yield a cost of $1,044 per month. It is also based on down payment of $60,000 and no pre-payment penalty. Conversely, a 15 year fixed rate can have a lower percentage rate with another lending company. For example, Aurora Financial, which is a direct lender, has a 2.750% rate that yields to $1,629 a month.