Mortgage Rates

Mortgage rates hit another record low in the most recent mortgage survey released yesterday. Fixed mortgage rates have hit new record lows and 5 year adjustable mortgage rates remain at an all-time low in Freddie Mac’s (OTC: FMCC) Primary Mortgage Market Survey for the week ending August 26, 2010. 10 year bond yields are starting to drift down again this week. If yields continue to decline fixed mortgage rates will also be lower in next week’s mortgage rate survey.

Fixed conforming 30 year mortgage rates are averaging 4.36 percent for the week ending August 26, 2010, a decline from the prior week’s average 30 year mortgage rate of 4.42 percent. Mortgage discount points on 30 year home mortgages averaged 0.7 points, unchanged from last week’s average mortgage points.

Fixed conforming 15 year mortgage rates are averaging 3.86 percent for the week ending August 26, 2010, down from last week’s average of 15 year mortgage rate of 3.90 percent. Average mortgage discount points on 15 year mortgages remained unchanged at 0.6 mortgage points.

5 year U.S. Treasury indexed adjustable mortgage rates remain at the lowest point ever recorded in Freddie Mac’s PMMS. 5 year Treasury indexed adjustable mortgage rates are averaging 3.56 percent for the week ending August 26, 2010, unchanged from last week’s average 5 year adjustable mortgage rate. Average mortgage discount points on 5 year adjustable mortgages declined to 0.6 points, down from the previous week’s average of 0.7 points.

1 year U.S. Treasury indexed adjustable mortgage rates are averaging 3.52 percent for the week ending August 26, 2010, down from the previous week’s average 1 year adjustable mortgage rate of 3.53 percent. Mortgage discount points averaged 0.7 points, unchanged from the previous week’s average.

Following is a more in-depth mortgage rate report released by MonitorBankRates.com earlier this week:

Current Mortgage Rates

Current 30 year mortgage rates are averaging 4.48 percent, a decline from the previous week’s average 30 year mortgage rate of 4.52 percent. Today’s 30 year refinance mortgage rates are also down averaging 4.48 percent.

15 year mortgage rates today are averaging 3.83 percent, down from the previous week’s average 15 year mortgage rate of 3.95 percent. 15 year mortgage refinance rates currently are averaging 3.83 percent. 

Jumbo Mortgage Rates

30 year jumbo mortgage rates are averaging 5.05 percent, a decline from last week’s average 30 year year jumbo mortgage rate of 5.17percent. 30 year jumbo refinance mortgage rates are also down to 5.05 percent.

15 year jumbo mortgage rates are averaging 4.50 percent, down 23 basis points from last week’s average jumbo mortgage rate of 4.73 percent. Today’s 15 year jumbo refinance mortgage rates are also averaging 4.50 percent.

Conforming Adjustable Mortgage Rates

Current 1 year adjustable mortgage rates are averaging 3.19 percent, unchanged from last week’s average 1 year adjustable home mortgage interest rate. Today’s 1 year conforming adjustable refinance mortgage interest rates are also unchanged this week.

Today 3 year adjustable mortgage rates today are averaging 4.06 percent, up slightly from last week’s average 3 year adjustable rate mortgage of 4.04 percent. 3 year mortgage refinance rates today are also averaging 4.06 percent. Mortgage rates in New York are averaging slightly higher this week.

5 year adjustable mortgage rates today are averaging 3.45 percent, down from the prior week’s average mortgage rate oif 3.54 percent. Current 5 year refinance mortgage rates today are also averaging 3.45 percent. New Jersey mortgage rates are also averaging 3.54 percent.

7 year adjustable mortgage interest rates today are averaging 3.72 percent this week, down from the previous week’s average 7 year home mortgage rate of 3.81 percent. Current 7 year mortgage refinance rates are also lower averaging  3.72 percent. Mortgage rates in Florida are averaging 3.72 percent.

10 year adjustable mortgage interest rates are averaging 4.01 percent this week, down from last week’s average 10 year adjustable mortgage rate of 4.08 percent. Today’s 10 year home mortgage refinance rates are also lower this week averaging 4.01 percent.

Jumbo Adjustable Mortgage Rates

1 year jumbo adjustable mortgage rates today are averaging 5.35 percent, no change from last week’s average 1 year jumbo adjustable mortgage interest rate. Today’s 1 year jumbo refinance mortgage rates are also averaging 5.35 percent. Jumbo mortgage rates in California are slightly lower than the national average jumbo rate.

3 year jumbo adjustable mortgage rates today are averaging 4.16 percent, unchanged from last week’s average jumbo mortgage rate. Today’s 3 year jumbo refinance mortgage rates are also averaging 4.16 percent.

Today’s 5 year jumbo adjustable home mortgage rates are averaging 3.87 percent this week, down from last week’s average mortgage rate of 3.89 percent. Current 5 year jumbo mortgage refinance rates are also down to 3.87 percent.

Today’s 7 year jumbo adjustable mortgage rates are averaging 4.42 percent, down from last week’s average 7 year home mortgage rate of 4.47 percent. Current 7 year jumbo refinance mortgage rates are also lower averaging 4.42 percent.

10 year jumbo mortgage rates are averaging 5.02 percent, up from the previous week’s average 10 year jumbo home mortgage rates of 5.01 percent. 10 year jumbo home refinance interest rates are also up averaging 5.02 percent.

Conforming Interest Only Adjustable Mortgage Rates

Current 3 year interest only adjustable mortgage rates are averaging 4.09 percent, down from last week’s average interest only mortgage loan rate of 4.19 percent. Today’s 3 year interest only adjustable refinance mortgage rates are also down averaging 4.09 percent.

5 year interest only adjustable home mortgage rates are averaging 3.62 percent, down from last week’s average five year interest only mortgage loan rate of 3.72 percent. Current 5 year interest only adjustable refinance mortgage rates are also lower averaging 3.62 percent.

7 year interest only adjustable mortgage rates currently are averaging 3.86 percent, down from last week’s average 7 year interest-only mortgage interest rate of 3.96 percent. Current 7 year adjustable refinance rate mortgages are lower averaging 3.86 percent.

Interest Only Jumbo Adjustable Mortgage Rates

Today’s 3 year jumbo interest only adjustable mortgage rates are averaging 4.55 percent, no change from last week’s average jumbo adjustable interest only mortgage rate. Current interest only adjustable jumbo refinance rates are also unchanged.

5 year adjustable jumbo interest only mortgage rates are at 4.29 percent, down from an average IO home mortgage interest rate of 4.32 percent the previous week. Today’s 5 year jumbo adjustable IO loan rates are also averaging 4.29 percent.

7 year jumbo IO adjustable mortgage rates currently are averaging 4.77 percent, down from an average jumbo 7 year home mortgage rate of 4.84 percent last week. 7 year jumbo adjustable interest-only mortgage rates are also down averaging 4.77 percent.

Home Equity Loans

Current 10 year home equity loan rates are averaging 7.009 percent, down from the previous week’s average when home equity loans averaged 7.115 percent.

15 year home equity rates today are averaging 7.377 percent, down from last week’s average home equity loan rate of 7.433 percent.

Home Equity Line of Credit (HELOC)

The current average home equity line of credit rate is averaging 4.762 percent this week, no change from last week’s average HELOC rate.

Keeping track of today’s mortgage rates? Use our mortgage rate widget to keep track of national average mortgage rates and state mortgage rates. Use our free mortgage calculator to see how much your monthly mortgage payments will be on a home mortgage loan.

MonitorBankRates offers free mortgage rates widgets you can use on your website. National average mortgage rates widgets and state mortgage rates widgets are available for free. We also offer a free mortgage calculator, CD calculator and CD ladder calculator you can use to calculate your mortgage payments and certificate of deposit investments.

Mortgage rates have hit a new daily low this morning. Current 30 year mortgage rates are averaging 4.51 percent, making a new all-time low set just yesterday. Today’s 15 year mortgage rates are averaging 3.94 percent, a decline from yesterday’s average 15 year mortgage rate of 3.95 percent.

30 year jumbo mortgage rates are down to 5.05 percent this morning, down from yesterday’s average 30 year jumbo mortgage rate of 5.17 percent. 15 year jumbo mortgage rates declined significantly since yesterday. Today’s 15 year jumbo mortgage rates are averaging 4.52 percent, down from yesterday’s average 15 year jumbo mortgage rate of 4.73 percent.

Comparing mortgage rates and mortgage refinance rates? Use our mortgage rate tables at MortgageRates.MonitorBankRates.com to find the best mortgage rates and mortgage refinance rates in your state. No personal information is needed to display a current list of mortgage rates in your state.

30 year Florida mortgage rates are even lower than the national average mortgage rates. The average 30 year Florida mortgage rate is at 4.45 percent this morning.

15 year FL mortgage rates are also below the national average mortgage rates. Current 15 year FL mortgage rates are averaging 3.92 percent.

Right now on our FL mortgage rate tables both Amerisave.com and CloseYourLownLoan.com are offering 15 year mortgage rates in FL at 3.875 percent. Quickenloans.com is offering 15 year FL mortgage rates at 4.00 percent.

Current Mortgage Rates: August 17

Conforming Mortgage Rates Today

• 30 Year Fixed Conforming Mortgage Rates 4.51%
• 15 Year Fixed Conforming Mortgage Rates 3.94%

Jumbo Mortgage Rates Today

• 30 Year Jumbo Fixed Mortgage Rates 5.05%
• 15 Year Jumbo Fixed Mortgage Rates 4.52%

Conforming Adjustable Mortgage Rates Today

• 1 Year Adjustable Rates 3.19%
• 3 Year Adjustable Rates 4.04%
• 5 Year Adjustable Rates 3.54%

Jumbo Adjustable Mortgage Rates Today

• 1 Year Adjustable Rates 5.35%
• 3 Year Adjustable Rates 4.16%
• 5 Year Adjustable Rates 3.89%

Following is a more in-depth average mortgage interest rate survey released by MonitorBankRates.com earlier this week:

Mortgage Rates

Current 30 year mortgage rates are averaging 4.52 percent, down from last week’s average 30 year mortgage rate of 4.60 percent. Current 30 year refinance mortgage rates are also down this week averaging 4.52 percent.

Today’s 15 year mortgage rates are averaging 3.95 percent, unchanged from the previous week’s average 15 year mortgage. 15 year mortgage refinance rates today are also unchanged at 3.95 percent. 

Jumbo Mortgage Rates Today

Current 30 year jumbo mortgage rates are averaging 5.17 percent, up from last week’s average 30 year year jumbo mortgage rate of 5.07 percent. Today’s 30 year jumbo mortgage refinance rates are also up to 5.17 percent.

Today’s 15 year jumbo mortgage rates are averaging 4.73 percent, an increase from the previous week’s average jumbo mortgage rate of 4.67 percent. Curernt 15 year jumbo refinance mortgage rates are also averaging 4.73 percent.

Conforming Adjustable Mortgage Rates Today

1 year adjustable mortgage rates are averaging 3.19 percent, unchanged from last week’s average 1 year adjustable home mortgage rate. Current 1 year conforming adjustable refinance mortgage interest rates are also unchanged this week.

3 year adjustable mortgage rates today are averaging 4.04 percent, up from the prior week’s average 3 year adjustable rate mortgage of 4.00 percent. 3 year mortgage refinance rates today are also averaging 4.04 percent this week.

Current 5 year adjustable mortgage interest rates are averaging 3.54 percent, unchanged from the prior week’s average mortgage loan rate. 5 year refinance home mortgage rates today are also unchanged at 3.54 percent.

7 year adjustable mortgage interest rates are averaging 3.81 percent this week, down from the prior week’s average 7 year home mortgage rate of 3.86 percent. Current 7 year mortgage refinance rates are also lower averaging  3.81 percent.

10 year adjustable mortgage rates are averaging 4.08 percent this week, a decline from last week’s average 10 year adjustable mortgage rate of 4.20 percent. Current 10 year home mortgage refinance rates are also lower this week averaging 4.08 percent.

Jumbo Adjustable Mortgage Rates Today

1 year jumbo adjustable mortgage loan rates today are averaging 5.35 percent, unchanged from the prior week’s average 1 year jumbo adjustable mortgage rate. Current 1 year jumbo refinance mortgage rates are also averaging 5.35 percent.

Current 3 year jumbo adjustable mortgage rates today are averaging 4.16 percent, down from last week’s average jumbo mortgage rate of 4.27 percent.  Today’s 3 year jumbo refinance mortgage rates are also averaging 4.16 percent.

5 year jumbo adjustable home mortgage interest rates are averaging 3.89 percent this week, a declinse from last week’s average mortgage rate of 3.91 percent. Today’s 5 year jumbo mortgage refinance rates are also down to 3.89 percent.

7 year jumbo adjustable mortgage rates are averaging 4.47 percent, down from last week’s average 7 year home mortgage rate of 4.55 percent. Current 7 year jumbo refinance mortgage rates are also lower averaging 4.47 percent.

10 year jumbo mortgage rates are averaging 5.01 percent, down from the previous week’s average 10 year jumbo home mortgage rates of 5.07 percent. 10 year jumbo home refinance interest rates are also down averaging 5.01 percent.

Conforming Interest Only Adjustable Mortgage Rates Today

Current 3 year interest only adjustable mortgage rates are averaging 4.19 percent, up from last week’s average interest only mortgage loan rate of 4.16 percent. Today’s 3 year interest only adjustable refinance mortgage rates are also averaging 4.19 percent.

5 year interest only adjustable mortgage rates are averaging 3.72 percent, down from last week’s average five year interest only mortgage loan rate of 3.37 percent. Current 5 year interest only adjustable refinance mortgage rates are also lower averaging 3.72 percent.

7 year interest only home adjustable mortgage rates currently are averaging 3.96 percent, down from last week’s average 7 year interest-only mortgage interest rate of 4.04 percent. 7 year adjustable refinance rate mortgages are lower averaging 3.96 percent.

Interest Only Adjustable Jumbo Mortgage Rates Today

Current 3 year jumbo interest only adjustable mortgage rates are averaging 4.55 percent, down from last week’s average jumbo adjustable interest only mortgage rate of 4.63 percent. Current  jumbo IO adjustable refinance rates are also down averaging 4.55 percent.

5 year adjustable jumbo interest only mortgage rates are at 4.32 percent, down from an average IO home mortgage interest rate of 4.33 percent the previous week. Current 5 year jumbo adjustable IO loan rates are also averaging 4.32 percent.

7 year jumbo IO adjustable mortgage rates currently are averaging 4.84 percent, down from an average jumbo 7 year home mortgage rate of 4.90 percent last week. 7 year jumbo adjustable interest-only mortgage rates are also down averaging 4.84 percent.

Home Equity Loan Rates Today

Current 10 year home equity loan rates are averaging 7.115 percent, no change from last week’s average home equity loan rate.

15 year home equity rates today are averaging 7.433 percent this week, unchanged from last week’s average home equity loan rate.

Home Equity Line of Credit Rates Today

Today’s average home equity line of credit rates (HELOC) are at 4.762 percent this week, no change from last week’s average HELOC rate.

Use our free mortgage rates widget to keep track of national average mortgage rates. Use our free mortgage rates calculator to see how much your monthly mortgage payments will be on a home mortgage loan.

Freddie Mac’s (OTC: FMCC) Primary Mortgage Market Survey® (PMMS) has been tracking weekly average interest rate quotes on 30-year fixed-rate mortgages since 1971.  Rates have moved significantly lower over the summer, with pricing on 30-year and 15-year fixed-rate loans at new survey lows in early August (approximately 4.5 percent and 4.0 percent, respectively).  These are the lowest conventional fixed-rates available in the market in more than 50 years: From 1949-1953, FHA-insured mortgages had contract rates below 4.5 percent, and conventional rates were likely close to these.

Under normal circumstances, such low rates would support home purchases and generate substantial refinance activity.  For example, in 2003, when mortgage rates hit the then-record low of 5.21 percent in the PMMS, nearly $4 trillion in new mortgages were originated, and the refinance share was 70 percent or roughly $2.7 trillion.  The current refinance share has risen to above 70 percent, indicating that borrowers are responding to low mortgage rates.

But the Great Recession and subprime credit crisis have left us with anything but normal conditions today.  Mortgage origination forecasts are well below half of what occurred in 2003.  Where are all the “missing” originations?  One answer is “in cash.”  According to the National Association of Realtors®, about one-quarter of existing home sales are all-cash transactions in 2010, compared with about 5 to 10 percent several years ago.  Similarly, a high share of borrowers in the past few quarters have paid cash in during refinance.  According to Freddie Mac’s Quarterly Refinance Report, more than 20 percent of refinancing homeowners paid down their principal balance when they refinanced in the first half of this year – in contrast, less than 15 percent did so in 2003.  Cash-in refinance may occur because of low yields on other financial investments or the need or desire to reduce loan-to-value in order to obtain the lowest-cost loan.

A second reason why originations are lower than one might otherwise expect in such a low interest-rate environment is that home-value declines have eroded equity so much in some neighborhoods that the borrower no longer qualifies for a low-loan-to-value refinance, and they either lack the cash reserves needed to get back to a qualifying downpayment position or they avoid putting in more cash in the event prices fall further.  The Home Affordability Refinance Program (HARP) has mitigated this problem for many borrowers who find themselves with limited or even negative equity.  This program allows for the refinance of Freddie Mac- and Fannie Mae-owned loans with current loan-to-value ratios of up to 125 percent, with no additional mortgage insurance than what they currently have on the original loan, and no additional underwriting requirements, provided the borrower has been current on their payments for the past 12 months and does not cash-out any equity (a small amount of origination costs may be rolled into the new loan).  Indeed, more eligible borrowers are taking advantage of the HARP as mortgage rates have fallen to lower levels.  In the first half of 2010, nearly 200,000 homeowners have refinanced under the HARP saving on average between $125 and $150 per month on their monthly mortgage payment.

Another reason why refinance originations are falling short is that many borrowers have second liens on their homes, whether from the original home purchase or from subsequent borrowing.  If the second lien is not paid off, then the second lien-holder will be requested to resubordinate their loan to the new (refinanced) first-lien loan.  Some potential borrowers have found that getting their second-lien lenders to submit the resubordination paperwork on time has been challenging, in some cases forcing borrowers to forego refinance altogether.

Lastly, originations volumes are running at low levels because home sales volumes are low – our forecast is for fewer than 5 million new and existing detached single-family home sales in 2010, or 25 percent less than the volume of sales in 2003.  Potential homebuyers remain concerned by the possibility of home value declines even though the National Association of Realtors’ homebuyer affordability index has recently been at some of the highest levels since the index was created more than 40 years ago.  According to the Conference Board’s Consumer Research Center Survey for July, the consumer expectations index for “plans to buy a home within the next six months” is at its third-lowest level since the survey began in 1978.  The homebuyer tax credits did have a marked impact on home sales in the early part of the year, but sales have fallen sharply since the expiration of these credits.  In sum, consumers still seem nervous about investing in homes and, absent big incentives, they are inclined to remain on the sidelines.

Looking ahead, fixed-rate mortgage rates may edge down further, though we think it unlikely that they would fall far from where they are today.  But it is also unlikely that they will rise quickly, especially given the low yields on the 10-year Treasury note, the benign inflation environment (importantly, low expectations of future inflation), and the still-weak employment picture.  Whether on-the-fence homebuyers and potential refinancers will soon take advantage of the historic opportunities presented by the lowest mortgage rates in five decades remains to be seen, but we’re not counting on a change anytime soon. Source: Freddie Mac

Searching for mortgage rates and mortgage refinance rates? Following is a  mortgage rate report released by MonitorBankRates.com earlier this week.

Mortgage Rates

Current 30 year mortgage rates are averaging 4.60 percent, down from the previous week’s average 30 year mortgage rate of 4.71 percent. 30 year refinance mortgage rates are also down this week averaging 4.60 percent.

15 year mortgage rates today are averaging 3.85 percent, down from last week’s average 15 year mortgage interest rate of 4.04 percent. Current 15 year mortgage refinance rates are also lower averaging 4.04 percent.

Jumbo Mortgage Rates

30 year jumbo mortgage rates are averaging 5.07 percent, down from last week’s average 30 year year jumbo mortgage rate of 5.30 percent. Current 30 year jumbo mortgage refinance rates are also down to 5.07 percent this week.

15 year jumbo mortgage rates are averaging 4.68 percent, a decline from the previous week’s average jumbo mortgage rate of 4.81 percent. 15 year jumbo refinance mortgage rates today are also down averaging 4.68 percent.

Conventional Adjustable Mortgage Rates

Current 1 year adjustable mortgage rates are averaging 3.19 percent, down  from last week’s average 1 year adjustable interest mortgage rate of 3.21. Today’s 1 year conforming adjustable refinance mortgage interest rates are also down averaging 3.19 percent.

3 year adjustable mortgage rates are up slightly averaging 4.00 percent, up from the prior week’s average 3 year adjustable rate mortgage of 3.97 percent. Current 3 year mortgage refinance rates are also averaging 4.00 percent this week.

Today’s 5 year adjustable mortgage interest rates are averaging 3.54 percent, down from the prior week’s average home loan rate of 3.55 percent. 5 year refinance home mortgage rates are averaging 3.54 percent.

7 year conventional adjustable mortgage rates are averaging 3.86 percent this week, down from the prior week’s average 7 year home mortgage rate of 3.96 percent. 7 year mortgage refinance rates are also lower averaging  3.86 percent.

Current 10 year adjustable mortgage rates are averaging 4.20 percent this week, a decline from the previous week’s average 10 year adjustable mortgage rate of 4.27 percent. 10 year home mortgage refinance rates are also lower this week averaging 4.20 percent.

Jumbo Adjustable Mortgage Rates

1 year jumbo adjustable mortgage loan rates today are averaging 5.35 percent, no change from last week’s average 1 year jumbo adjustable mortgage rate. Today’s 1 year jumbo refinance mortgage rates today are also averaging 5.35 percent.

3 year jumbo adjustable mortgage rates today are averaging 4.27 percent, up slightly from last week’s average jumbo interest mortgage rate of 4.26 percent.  3 year jumbo refinance mortgage rates are also averaging 4.27 percent.

5 year jumbo adjustable home mortgage rates are averaging 3.91 percent this week, down from last week’s average mortgage rate of 3.96 percent. Current 5 year jumbo mortgage refinance rates are also down to 3.91 percent this week.

Current 7 year jumbo adjustable mortgage rates current are averaging 4.55 percent, down from last week’s average 7 year home mortgage rate of 4.61 percent. Today’s 7 year jumbo refinance mortgage rates are also lower averaging 4.55 percent.

10 year jumbo mortgage rates are averaging 5.07 percent, down from the previous week’s average 10 year jumbo home mortgage rates of 5.10 percent. 10 year jumbo home refinance interest rates are also down averaging 5.07 percent.

Conventional Interest Only Adjustable Mortgage Rates

3 year interest only adjustable mortgage rates are averaging 4.16 percent, unchanged from down from last week’s average interest only mortgage loan rate. 3 year interest only adjustable refinance mortgage rates are also unchanged averaging 4.16 percent.

5 year interest only adjustable mortgage rates are averaging 3.73 percent, down from last week’s average five year interest only mortgage loan rate of 3.81 percent. 5 year interest only adjustable refinance mortgage rates are also lower averaging 3.73percent.

7 year interest only home adjustable mortgage rates currently are averaging 4.04 percent, a decline from last week’s average 7 year interest-only mortgage interest rate of 4.12 percent. 7 year adjustable refinance rate mortgages are lower averaging 4.04 percent.

Interest Only Adjustable Mortgage Rates Jumbo

3 year jumbo interest only loan adjstuable mortgage rates are averaging 4.63 percent, down from last week’s average jumbo adjustable interest only mortgage rate of 4.64 percent. Current  jumbo IO adjustable refinance rates are also down averaging 4.63 percent.

Today’s 5 year adjustable jumbo interest only home loan rates are at 4.33 percent, up from an average IO home mortgage rate of 4.30 percent the previous week. 5 year jumbo adjustable IO loan rates are also averaging 4.33 percent.

7 year jumbo IO adjustable mortgage rates currently are averaging 4.90 percent, down from an average jumbo 7 year home mortgage rate of 4.95 percent last week. 7 year jumbo adjustable interest-only mortgage rates are also down averaging 4.9o percent.

Home Equity Loan Rates

Current 10 year home equity loan rates are averaging 7.115 percent, no change from last week’s average home equity loan rate.

15 year home equity rates today are averaging 7.433 percent this week, unchanged from last week’s average home equity loan rate.

Home Equity Line of Credit Rates

Today’s average home equity line of credit rates (HELOC) are at 4.762 percent this week, no change from last week’s average HELOC rate.

Mortgage rates are mostly lower this week with the exception of 30 year jumbo mortgage rates which increased 5 basis points from the prior week. Shorter term jumbo mortgage rates had the biggest decline. Current 1 year jumbo adjustable mortgage rates are down 60 basis points t0 5.35 percent. Conforming 15 year mortgage rates broke 4.00 percent and are now averaging  3.92 percent.

10 year U.S. bond yields started last week above 3.00 percent but are down under 3.00 percent at 2.92 percent driving mortgage rates lower. Bond yields are below 3.00 on economic data released showing the U.S. economy isn’t as robust as it was earlier this year. Second quarter GDP slowed to 2.4 percent, a decline from a pace of 3.7 percent in the first quarter of 2010.

Weak economic data released over the past month has driven mortgage rates lower. Mortgage rates will stay low for the rest of 2010 and might decline further if the economy continues to weaken.

Mortgage Rates

30 year mortgage rates today are averaging 4.63 percent, down from last week’s average 30 year mortgage rate of 4.76 percent. 30 year refinance mortgage rates are also down averaging 4.63 percent.

Current 15 year mortgage rates are averaging 3.92 percent this week, a decline from last week’s average 15 year mortgage interest rate of 4.2o percent. Today’s 15 year mortgage refinance rates currently are also down slighlty averaging 3.92 percent this week.

Jumbo Mortgage Rates

Today’s 30 year jumbo mortgage rates are averaging 5.23 percent, up from last week’s average 30 year year jumbo mortgage rate of 5.25 percent. 30 year jumbo mortgage refinance rates are up to 5.23 percent.

15 year jumbo mortgage rates are averaging 4.61 percent, down slightly from last week’s average jumbo mortgage rate of 4.72 percent. Current 15 year jumbo refinance mortgage rates today are also down slightly averaging 4.61 percent.

Conforming Adjustable Mortgage Rates

1 year adjustable mortgage rates are averaging 3.21 percent, down considerably from last week’s average 1 year adjustable interest mortgage rate of 3.54. Current 1 year conforming adjustable refinance mortgage interest rates are also averaging 3.54 percent.

Current 3 year adjustable conventional mortgage rates are averaging 3.97 percent this week, down from the prior week’s average 3 year adjustable rate mortgage of 4.09 percent. 3 year mortgage refinance rates today are also under 4.00 percent averaging 3.97 percent.

5 year adjustable home loan mortgage rates are averaging 3.55 percent, down slighlty from the prior week’s average home loan rate of 3.57 percent. 5 year refinance home mortgage rates today are averaging 3.55 percent.

Current 7 year conventional adjustable mortgage rates are averaging 3.96 percent this week, up from last week’s average 7 year home mortgage rate of 3.90 percent. Current 7 year mortgage refinance rates today are also higher averaging 3.96 percent.

10 year adjustable mortgage rates are averaging 4.27 percent this week, up from the previous week’s average 10 year adjustable mortgage rate of 4.25 percent. Today’s 10 year home mortgage refinance rates are also higher averaging 4.27 percent.

Jumbo Adjustable Mortgage Rates

1 year jumbo adjustable mortgage loan rates today are averaging 5.35 percent, down 60 basis points from last week’s average 1 year jumbo adjustable mortgage rate of 5.95 percent. Current 1 year jumbo refinance mortgage rates today are also down to 5.35 percent.

3 year jumbo adjustable mortgage rates are averaging 4.26 percent, down from the previous week’s average jumbo interest mortgage rate of 4.55 percent. Current 3 year jumbo refinance mortgage rates are also lower, averaging 4.26 percent.

Current 5 year jumbo adjustable home mortgage rates are averaging 3.96 percent this week, down from last week’s average mortgage rate of 4.07 percent. 5 year jumbo mortgage refinance rates are also down to 3.96 percent this week.

7 year jumbo adjustable mortgage rates current are averaging 4.61 percent, down from last week’s average 7 year home mortgage rate of 4.62 percent. 7 year jumbo refinance mortgage rates today are also down to 4.61 percent.

10 year jumbo mortgage rates are averaging 5.10 percent, down from the previous week’s average 10 year jumbo home mortgage rates of 5.21 percent. Today’s 10 year jumbo home loan refinance rates are also down averaging 5.10 percent.

Interest Only Adjustable Mortgage Rates Conforming

Today’s 3 year interest only adjustable mortgage rates are averaging 4.16 percent, down from last week’s average interest only mortgage loan rate of 4.22 percent. 3 year interest only adjustable refinance mortgage rates are also lower averaging 4.16 percent.

5 year interest only adjustable mortgage rates are averaging 3.81 percent, up from last week’s average five year interest only mortgage loan rate of 3.73 percent. 5 year interest only adjustable refinance mortgage rates are also averaging 3.81 percent this week.

7 year interest only home adjustable mortgage rates currently are averaging 4.12 percent, up from last week’s average 7 year IO mortgage rate of 4.06 percent. Today’s 7 year adjustable refinance rate mortgages are higher averaging 4.12 percent.

Interest Only Adjustable Mortgage Rates Jumbo

Current 3 year jumbo interest only loan adjstuable mortgage rates are averaging 4.64 percent, down from last week’s average jumbo adjustable interest only mortgage rate of 4.94 percent. Today’s  jumbo IO adjustable refinance rates are also down averaging 4.64 percent.

5 year adjustable jumbo interest only home loan rates are at 4.30 percent, down from an average IO home mortgage rate of 4.52 percent the previous week. 5 year jumbo adjustable IO loan rates are also averaging 4.30 percent.

7 year jumbo IO adjustable mortgage rates today are averaging 4.95 percent, down from an average jumbo 7 year home mortgage rate of 4.96 percent last week. 7 year jumbo adjustable interest-only mortgage rates are also down averaging 4.95 percent.

Home Equity Loan Rates

10 year home equity loan rates are averaging 7.115 percent, unchanged from last week’s average home equity loan rate.

Today’s 15 year home equity rates are averaging 7.433 percent this week, no change from last week’s average home equity loan rate.

Home Equity Line of Credit Rates

Current average home equity line of credit rates (HELOC) are at 4.762 percent this week, down from last week’s average HELOC rate of 4.777 percent.

To display current mortgage rates on your website or blog use our free mortgage rates widget.

Nationwide Bank is currently offering some of the lowest mortgage rates available right now. Nationwide Bank is advertising mortgage rates for home purchases and for refinancing a current mortgage. Advertised mortgage rates include conforming mortgage rates and jumbo mortgage rates.

Current conforming fixed 30 year mortgage rates are advertised at 4.375 percent with 0.125mortgage discount points. 30 year mortgage rates are also advertised at 4.25 percent with 0.875 discount points. Nationwide Bank’s current 30 year mortgage rates are well below than the current national average 30 year mortgage rate of 4.64 percent.

Fixed 15 year conforming mortgage rates are advertised at 3.875 percent with 0.375 mortgage discount points and at 3.75 percent with 0.50 mortgage discount points. The current national average 15 year mortgage rate is at 4.04 percent.

Conforming 3/1 LIBOR adjustable mortgage rates are advertised at 3.875 with 0.25 mortgage discount points and at 3.375 percent with 1.00 mortgage discount points.

Conforming 5/1 LIBOR adjustable mortgage rates are advertised at 4.375 with 0.50 mortgage discount points and at 4.125 percent with 1.00 mortgage discount points.

Jumbo 30 year mortgage rates are advertised at 4.875 percent with 0.125 mortgage discount points. 30 year jumbo mortgage rates are also avertised at 4.625 percent with 1.25 discount points. Nationwide Bank’s current 30 year jumbo mortgage rates are also lower than the current national average 30 year jumbo mortgage rate of 5.35 percent.

15 year jumbo mortgage rates are advertised at 4.265 percent with 0.25 mortgage discount points and at 4.50 percent with 1.125 mortgage discount points. The current national average 15 year jumbo mortgage rate is at 4.78 percent.

Jumbo 5/1 LIBOR adjustable mortgage rates are advertised at 3.625 with 0.125 mortgage discount points and at 3.375 percent with 0.75 mortgage discount points.

Following is a more in-depth mortgage rate report released by MonitorBankRates.com earlier this week.

Mortgage Rates

Current 30 year mortgage rates are averaging 4.76 percent this week, an increase from last week’s average 30 year mortgage rate of 4.72 percent. Today’s 30 year refinance mortgage rates are also slightly higher this week averaging 4.76 percent.

15 year mortgage rates today are averaging 4.20 percent this week, a slight decline from last week’s average 15 year mortgage interest rate of 4.21 percent. Current 15 year mortgage refinance rates currently are also down slighlty averaging 4.20 percent this week.

Jumbo Mortgage Rates

30 year jumbo mortgage rates today are averaging 5.25 percent, down from an average 30 year year jumbo mortgage rate of 5.33 percent. 30 year jumbo mortgage refinance rates are also downto 5.25 percent.

Current 15 year jumbo mortgage rates are averaging 4.82 percent, up from last week’s average jumbo mortgage rate of 4.71 percent. Current 15 year jumbo refinance mortgage rates today are also higher averaging 4.82 percent.

Today’s Adjustable Mortgage Rates

Current 1 year conventional adjustable mortgage rates are averaging 3.54 percent, unchanged last week’s average 1 year adjustable interest mortgage rate. Current 1 year conforming adjustable refinance mortgage interest rates today are also unchanged this week averaging 3.54 percent.

3 year adjustable conventional mortgage rates today are averaging 4.09 percent this week, unchanged from the prior week’s average 3 year adjustable rate mortgage. Today’s 3 year mortgage refinance rates today are also unchanged averaging 4.09 percent.

5 year conventional adjustable loan mortgage rates are averaging 3.57 percent, down slighlty from the prior week’s average home loan rate of 3.58 percent. Current 5 year refinance home mortgage rates are also down averaging 3.57 percent.

7 year conventional adjustable mortgage rates are averaging 3.90 percent this week, up from last week’s average 7 year home mortgage rate of 3.86 percent. Current 7 year mortgage refinance rates today are also higher averaging 3.90 percent.

Conventional 10 year adjustable mortgage rates are averaging 4.25 percent this week,an increase from the previous week’s average 10 year adjustable mortgage rate of 4.21 percent. Today’s 10 year home mortgage refinance rates are also higher averaging 4.25 percent.

Jumbo Adjustable Mortgage Rates Today

1 year jumbo adjustable mortgage loan rates today are averaging 5.95 percent, no change from the prior week’s average 1 year jumbo adjustable mortgage rate. Current 1 year jumbo refinance mortgage rates today are also averaging 5.95 percent this week.

Today’s 3 year jumbo adjustable mortgage rates are averaging 4.55 percent, down from the previous week’s average jumbo interest mortgage rate of 4.57 percent. Current 3 year jumbo refinance mortgage rates are also lower, averaging 4.57 percent.

5 year jumbo adjustable home mortgage rates currently are averaging 4.07 percent this week, unchanged from last week’s average mortgage rate. Current 5 year jumbo mortgage refinance rates are also unchanged averaging 4.07 percent.

Current 7 year jumbo adjustable mortgage rates current are averaging 4.62 percent, down from last week’s average 7 year home mortgage rate of 4.66 percent. 7 year jumbo refinance mortgage rates today are also down to 4.62 percent.

Current 10 year jumbo mortgage rates are averaging 5.21 percent, down from the previous week’s average 10 year jumbo home mortgage rates of 5.28 percent. Today’s 10 year jumbo home loan refinance rates are also down averaging 5.21 percent.

Interest Only Conforming Adjustable Mortgage Rates

3 year interest only adjustable mortgage rates currently are averaging 4.22 percent, down from last week’s average interest only mortgage loan rate of 4.27 percent. Today’s 3 year interest only adjustable refinance mortgage rates are also higher averaging 4.22 percent.

5 year interest only adjustable mortgage rates today are averaging 3.73 percent, down rom last week’s average five year interest only mortgage loan rate of 3.75 percent. Current 5 year interest only adjustable refinance mortgage rates are also averaging 3.73 percent.

Today’s 7 year interest only home adjustable mortgage rates currently are averaging 4.06 percent, down from last week’s average 7 year IO mortgage rate of 4.09 percent. Today’s 7 year adjustable refinance rate mortgages are also averaging 4.06 percent.

Interest Only Adjustable Jumbo Mortgage Rates

3 year jumbo interest only loan adjstuable mortgage rates are averaging 4.94 percent, down from last week’s average jumbo adjustable interest only mortgage rate of 5.16 percent. Current jumbo IO adjustable refinance rates are also down averaging 4.94 percent.

5 year adjustable jumbo interest only home loan rates are at 4.52 percent, down from an average IO home mortgage rate of 4.54 percent the previous week. 5 year jumbo adjustable IO loan rates are also averaging 4.52 percent.

Current 7 year jumbo IO adjustable mortgage rates today are averaging 4.96 percent, down from an average jumbo 7 year home mortgage rate of 4.98 percent last week. 7 year jumbo adjustable interest-only mortgage rates are also down averaging 4.96 percent.

Home Equity Loan Rates

Current 10 year home equity loan rates are averaging 7.115 percent, unchanged from last week’s average home equity loan rate.

Today’s 15 year home equity rates are averaging 7.433 percent this week, no change from last week’s average home equity loan rate.

Home Equity Line of Credit Rates

Current average home equity line of credit rates (HELOC) are at 4.762 percent this week, down from last week’s average HELOC rate of 4.777 percent.

Mortgage rates have headed higher after hitting a low last week. Today’s 30 year conforming mortgage rates are averaging 4.78 percent, up from Friday’s low of 4.58 percent. 30 year jumbo mortgage rates have also gone higher since last week. Current 30 year jumbo mortgage rates are averaging 5.39 percent, up from an average 30 year mortgage rate of 5.33 yesterday.

Searching for today’s mortgage rates and mortgage refinance rates? Search our mortgage rates table at MortgageRates.MonitorBankRates.com to find the best mortgage rates and refi rates. Unlike most websites, no personal information is needed to display a current list of mortgage rates in your state.

Conforming 15 year mortgage rates have gone lower since Monday. Current 15 year mortgage rates are averaging 4.06 percent, down from Monday’s average 15 year mortgage interest rate of 4.21 percent.

Current 15 year jumbo mortgage rates are averaging 4.91 percent, up from Monday’s average 15 year jumbo mortgage rate of 4.71 percent. Following is a more in-depth mortgage rate report released by MonitorBankRates.com earlier this week.

Mortgage Rates 7/21/2010

Current Conforming Mortgage Rates

• 30 Year Fixed Conforming Mortgage Rates 4.78%
• 15 Year Fixed Conforming Mortgage Rates 4.06%

Current Jumbo Mortgage Rates

• 30 Year Jumbo Fixed Mortgage Rates 5.39%
• 15 Year Jumbo Fixed Mortgage Rates 4.91%

Current Conforming Adjustable Mortgage Rates

• 1 Year Adjustable Rates 3.54%
• 3 Year Adjustable Rates 4.14%
• 5 Year Adjustable Rates 3.59%

Current Jumbo Adjustable Mortgage Rates

• 1 Year Adjustable Rates 5.95%
• 3 Year Adjustable Rates 4.55%
• 5 Year Adjustable Rates 4.05%

Mortgage Rates Today

30 year mortgage rates are averaging 4.72 percent this week, up from the previous week’s average 30 year mortgage rate of 4.67 percent. Current 30 year refinance mortgage rates are also averaging 4.67 percent this week.

15 year mortgage rates currently are averaging 4.21 percent this week, an increase from last week’s average 15 year mortgage interest rate of 4.18 percent. 15 year mortgage refinance rates currently are also are higher, averaging 4.21 percent this week.

Current Jumbo Mortgage Rates

Current 30 year jumbo mortgage rates are averaging 5.33 percent this week, an increase from last week’s average 30 year jumbo mortgage interest rate of 5.25 percent.  The current average 30 year jumbo mortgage refinance rate is also at 5.33 percent.

15 year jumbo mortgage rates today are averaging 4.71 percent, down from last week’s average jumbo mortgage rate of 4.79 percent. Current 15 year jumbo refinance mortgage rates today are also lower, averaging 4.71 percent.

Adjustable Mortgage Rates Current

1 year conforming adjustable mortgage rates today are averaging 3.54 percent, down from last week’s average 1 year adjustable interest mortgage rate of 3.56 percent. 1 year conforming adjustable refinance mortgage interest rates today are also averaging 3.54.

Currently, 3 year adjustable conventional mortgage rates are at 4.09 percent this week, up from the previous week’s average 3 year adjustable rate mortgage of 4.01 percent. Current 3 year mortgage refinance rates today are also higher averaging 4.09 percent.

5 year adjustable mortgage loan rates today are averaging 3.58 percent, down  from the prior week’s average home loan rate of 3.62 percent. Today’s 5 year refinance home mortgage rates are also down averaging 3.58percent.

Current 7 year adjustable mortgage rates are averaging 3.86 percent this week, down slightly from last week’s average 7 year home mortgage rate of 3.87 percent. 7 year mortgage refinance rates today are also lower, averaging 3.86 percent.

Today’s 10 year adjustable mortgage interest rates are averaging 4.21 percent this week, up from the previous week’s average 10 year adjustable mortgage rate of 4.14 percent.  Current10 year home mortgage refinance rates are also averaging higher at 4.21 percent.

Jumbo Adjustable Mortgage Rates Current

1 year jumbo adjustable mortgage loan rates today are averaging 5.95 percent, unchanged from the previous week’s average 1 year adjustable jumbo mortgage rate. 1 year jumbo refinance mortgage rates today are also averaging 5.95 percent.

Current 3 year jumbo adjustable mortgage interest rates are averaging 4.57 percent, down from last week’s average jumbo interest mortgage rate of 4.61 percent. Today’s 3 year jumbo refinance mortgage rates are also lower, averaging 4.57 percent.

5 year jumbo adjustable home mortgage rates today are averaging 4.07 percent this week, up from last week’s average mortgage rate of 4.06 percent. Current 5 year jumbo refinance rates today are also up slightly, averaging 4.07 percent.

Today’s 7 year jumbo adjustable mortgage rates currently are averaging 4.66 percent, down from last week’s average 7 year home mortgage rate of 4.68 percent. 7 year jumbo refinance mortgage rates today are down to 4.66 percent.

10 year jumbo mortgage rates are averaging 5.28 percent, up from the previous week’s average 10 year jumbo home mortgage rates of 5.26 percent. Today’s 10 year jumbo home loan refinance rates are also higher averaging 5.28 percent.

Current Interest Only Conforming Adjustable Mortgage Rates

3 year interest only adjustable mortgage rates today are averaging 4.27 percent, up from last week’s average interest only mortgage loan rate of 4.42 percent. Current 3 year interest only adjustable refinance mortgage rates are also averaging higher at 4.27 percent.

Current 5 year interest only adjustable mortgage rates today are averaging 3.75 percent, up from last week’s average five year interest only mortgage loan rate of 3.67 percent. Today’s 5 year interest only adjustable refinance mortgage rates are also averaging 3.75 percent.

7 year interest only home adjustable mortgage rates currently are averaging 4.09 percent, up from last week’s average 7 year IO mortgage rate of 4.02 percent. Today’s 7 year adjustable refinance rate mortgages are also averaging 4.02 percent.

Today’s Interest Only Jumbo Adjustable Mortgage Rates

Current 3 year jumbo interest only loan adjustable mortgage rates are averaging 5.16 percent, unchanged from last week’s average jumbo adjustable interest only mortgage rate of 5.26 percent. Today’s jumbo IO adjustable refinance rates are also averaging 5.16 percent.

Today’s 5 year adjustable jumbo interest only home loan rates are at 4.54 percent, up from an average IO home mortgage rate of 4.52 percent the previous week. 5 year jumbo adjustable IO loan rates are also averaging 4.54 percent.

7 year jumbo IO adjustable mortgage rates today are averaging 4.98 percent, up from an average jumbo 7 year home mortgage rate of 4.95 percent last week. 7 year jumbo adjustable interest-only mortgage rates are also at 4.98 percent.

Home Equity Loan Rates Today

Current 10 year home equity loan rates are averaging 7.115 percent, unchanged from last week’s average home equity loan rate.

Today’s 15 year home equity rates are averaging 7.433 percent this week, unchanged from last week’s average home equity loan rate.

Today’s Home Equity Line of Credit Rates

Current average home equity line of credit rates (HELOC) are at 4.777 percent this week, unchanged from last week’s average HELOC rate.

Mortgage rates jumped higher this morning after touching a low yesterday afternoon.  Today’s 30 year mortgage rates are averaging 4.73 percent, up 15 basis points from yesterday’s low of 4.58 percent. Thirty-year fixed mortgage rates have been under 5.00 percent since May 3, 2010 as reported by MonitorBankRates.com.

Mortgage rates have been low for a while now, the overnight jump higher won’t last. Economic data has come out showing the U.S. economy is slowing down. Data including a weak employment report last month and a week housing report. The June FOMC minutes were released yesterday and the fed trimmed their forecast for growth. The fed also noted the risk that the economic recovery would falter has increased.

Although mortgage rates are hear an all time low, mortgage applications for home purchases and refinances were down in the most recent Mortgage Applications Survery released yesterday morning by the MBA. Home purchases have declined significantly since the first time home buyer  tax credit expired.

Today’s Average Mortgage Rates for July, 15, 2010

Conforming Mortgage Rates

• 30 Year Conforming Fixed Mortgage Rates 4.73%
• 15 Year Conforming Fixed Mortgage Rates 4.25%

Jumbo Mortgage Rates

• 30 Year Fixed Jumbo Mortgage Rates 5.42%
• 15 Year Fixed Jumbo Mortgage Rates 4.71%

Adjustable Mortgage Rates

• 1 Year Conforming Adjustable Mortgage Rates 3.54%
• 3/1 Conforming Adjustable Mortgage Rates 4.21%
• 5/1 Conforming Adjustable Mortgage Rates 3.71%

Jumbo Adjustable Mortgage Rates

• 1 Year Conforming Adjustable Mortgage Rates 5.95%
• 3/1 Conforming Adjustable Mortgage Rates 4.73%
• 5/1 Conforming Adjustable Mortgage Rates 4.16%

Comparing mortgage rates and mortgage refinance rates? Use our rate tables at MortgageRates.MonitorBankRates.com to compare mortgage rates. No personal information is needed for a list of mortgage rates

Following is a more extensive mortgage rate report released by MonitorBankRates.com on Monday.

Mortgage Rates Today

30 year conforming mortgage rates are averaging 4.67 percent this week, unchanged from the previous week’s average 30 year mortgage rate. 30 year mortgage refinance rates are also averaging 4.67 percent this week.

Current conforming 15 year mortgage rates are up slightly this week. The average 15 year mortgage rate is at 4.18 percent, up from last week’s average 15 year mortgage interest rate of 4.16 percent. Today’s 15 year mortgage refinance rates are higher averaging 4.18 percent.

Jumbo Mortgage Rates

30 year jumbo mortgage rates are averaging 5.25 percent this week, down from last week’s average 30 year jumbo mortgage rate of 5.33 percent.  The current average 30 year jumbo refinance rates are also at 5.25 percent this week.

Current 15 year jumbo loan rates today are averaging 4.79 percent, a decrease from last week’s average jumbo mortgage interest rate of 4.84 percent. 15 year jumbo refinance mortgage rates today are also lower averaging 4.79 percent.

Adjustable Mortgage Rates

Current 1 year conforming adjustable mortgage rates are averaging 3.56 percent, unchanged from last week’s average 1 year adjustable interest mortgage rate. Today’s 1 year conforming adjustable refinance mortgage interest rates are also averaging 3.56.

Today’s 3 year adjustable conforming mortgage rates are at 4.01 percent this week, down from the previous week’s average 3 year adjustable rate mortgage of 4.21 percent. 3 year mortgage refinance rates today are also higher this week, averaging 4.01 percent.

5 year adjustable mortgage loan rates today are averaging 3.62 percent, up  from the prior week’s average home loan rate of 3.54 percent. 5 year refinance home mortgage rates today are also up averaging 3.62 percent.

7 year adjustable mortgage rates are averaging 3.87 percent this week, down from last week’s average 7 year home mortgage rate of 3.90 percent. Today’s 7 year mortgage refinance rates are also lower averaging 3.87 percent.

10 year adjustable mortgage bank rates are averaging 4.14 percent this week, down from the previous week’s average 10 year adjustable mortgage rate of 4.20 percent.  Current10 year home mortgage refinance rates are also lower, averaging 4.14 percent.

Adjustable Jumbo Mortgage Rates

1 year jumbo adjustable mortgage loan rates are averaging 5.95 percent, no change from last week’s average 1 year adjustable jumbo interest mortgage rate. Current 1 year jumbo refinance mortgage rates are also averaging 5.95 percent.

Today’s 3 year jumbo adjustable mortgage interest rates are averaging 4.61 percent, down from last week’s average jumbo interest mortgage rate of 4.73 percent. Current 3 year jumbo refinance mortgage rates are also lower, averaging 4.61 percent.

Current 5 year jumbo adjustable home mortgage rates are averaging 4.06 percent this week, up from last week’s average mortgage rate of 4.03 percent. Current 5 year jumbo refinance rates are also up slightly averaging 4.06 percent.

7 year jumbo adjustable mortgage rates current are averaging 4.68 percent, down from last week’s average 7 year home mortgage rate of 4.71 percent. Current 7 year jumbo refinance rates today are also down to 4.68 percent.

Currently, 10 year jumbo mortgage rates are averaging 5.26 percent, a decline from the prior week’s average 10 year jumbo home mortgage rates of 5.43 percent. Current 10 year jumbo home loan refinance rates are also averaging 5.26 percent.

Interest Only Mortgage Rates Conventional

Current 3 year interest only mortgage rates are averaging 4.23 percent, down from last week’s average interest only mortgage loan rate of 4.42 percent.

Current 5 year interest only mortgage rates today are averaging 3.76 percent, up from last week’s average five year interest only mortgage loan rate of 3.67 percent.

7 year interest only home mortgage rates today are averaging 4.02 percent, unchanged from last week’s average 7 year IO mortgage rate.

Interest Only Jumbo Mortgage Rates

3 year jumbo interest only loan mortgage rates are averaging 5.16 percent, down from last week’s average jumbo interest only mortgage rate of 5.27 percent.

5 year jumbo interest only home loan rates are at 4.52 percent, down from an average IO home mortgage rate of 4.54 percent.

7 year jumbo IO mortgage rates today are averaging 4.95 percent, up from an average jumbo 7 year home mortgage rate of 4.81 percent last week.

Home Equity Loan Rates Today

Current 10 year home equity loan rates are averaging 7.115 percent, unchanged from last week’s average home equity loan rate.

Today’s 15 year home equity rates are averaging 7.433 percent this week, no change from last week’s average home equity loan rate.

Home Equity Line of Credit Rates Current

Current average home equity line of credit rates (HELOC) are at 4.777 percent this week, unchanged from last week’s average HELOC rate.

Atlanta Postal Credit Union’s current mortgage rates are very competitive compared to other credit union’s mortgage rates in Atlanta right now. Atlanta Postal Credit Union is advertising 30 year fixed rate mortgages, 20 year fixed rate mortgages and 15 year fixed rate mortgages.

Looking for today’s mortgage rates? Use our mortgage rate tables at MortgageRates.MonitorBankRates.com to find a list of the best mortgage rates in your state. Unlike most websites we do not require any personal information to display a list of mortgage rates.

Current 30 year mortgage rates are advertised at 5.00 percent with 1.125 mortgage discount points. 30 year mortgage rates are also advertised at 5.125 percent with 0.625 points and at 5.25 percent with 0.125 points.

Atlanta Postal Credit Union’s 20 year mortgage rates are advertised at 4.875 percent with 1.125 mortgage discount points. Today’s 20 year mortgage rates are also advertised at 5.00 percent with 0.625 points. 20 year mortgage rates are also advertised at 5.125 percent with 0.125 points.

The Credit Union’s 15 year mortgage rates are advertised at 4.75 percent with 1.125 mortgage discount points. 15 year mortgage rates currently are also advertised at 4.875 percent with 0.625 points. 15 year mortgage rates are also advertised at 5.00 percent with 0.125 points.

Other mortgage rates and terms are available at Atlanta Postal Credit Union. Mortgage rates change constantly. A list of the credit union’s current mortgage rates can be found at apcu.com. To compare mortgage rates from several mortgage companies visit MonitorBankRates.com.

Today’s average mortgage rates are still at record lows set last last week. U.S. Treasury yields and mortgage rates declined late last week on concerns the U.S. economy is slowing down. Current mortgage rates and Treasury yields have been heading lower since late June. Mortgage rates are expected to continue to stay at record lows because the fed isn’t expected to raise the fed funds rate anytime soon.

Searching for the lowest mortgage rates currently available? Use our mortgage rate tables at MortgageRates.MonitorBankRates.com to find mortgage rates in your state. Unlike most websites no personal information is needed to display a list of mortgage rates.

Applications for mortgage refinancing haven’t been robust even though mortgage rates seem to hit new lows every week. The Mortgage Bankers Association reported last week that mortgage refinance applications are at about half the level they were in the spring of 2009.

Following is a report on average mortgage rates released eariler this morning by MonitorBankRates.com.

Mortgage Rates

30 year mortgage rates declined to 4.67 percent this week, down from the previous week’s average 30 year mortgage interest rate of  4.72 percent. Today’s 15 year mortgage rates are slightly higher this week over last. The current average 15 year mortgage rates is at 4.16 percent, up from the previous week’s average 15 year home mortgage rate of 4.14 percent.

Current Jumbo Mortgage Rates

Current 30 year jumbo mortgage rates are averaging 5.33 percent this week, unchanged from the prior week’s average jumbo home loan rate. Current 30 year jumbo refinance rates are also averaging 5.33 percent.

15 year jumbo loan rates today are averaging 4.84 percent, an increase from last week’s average jumbo mortgage interest rate of 4.75 percent. 15 year jumbo refinance mortgage rates today are also higher averaging 4.75 percent.

Conventional Adjustable Mortgage Rates

Current 1 year adjustable mortgage rates are averaging 3.56 percent, unchanged from last week’s average 1 year adjustable interest mortgage rate. Today’s 1 year adjustable refinance mortgage interest rates are also averaging 3.56.

Average 3 year adjustable mortgage rates are at 4.21 percent this eek, up from last week’s average 3 year adjustable rate mortgage of 4.09 percent. 3 year mortgage refinance rates today are also higher this week, averaging 4.21 percent.

Today’s 5 year adjustable mortgage loan rates are averaging 3.54 percent, unchanged from the prior week’s average home loan rate. 5 year refinance home mortgage rates today are also unchanged at 3.54 percent.

7 year adjustable mortgage rates are averaging 3.90 percent this week, an increase from last week’s average 7 year home mortgage rate of 3.88 percent. Today’s 7 year mortgage refinance rates are also higher averaging 3.88 percent.

10 year adjustable mortgage interest rates are averaging 4.20 percent this week, down from the previous week’s average 10 year adjustable mortgage rate of 4.33 percent.  Current10 year home mortgage refinance rates are also lower, averaging 4.20 percent.

Today’s Jumbo Adjustable Mortgage Rates

Today’s 1 year jumbo adjustable mortgage loan rates are averaging 5.95 percent, no change from last week’s average 1 year adjustable jumbo interest mortgage rate. Today’s 1 year jumbo refinance mortgage rates are also averaging 5.95 percent.

Current 3 year jumbo adjustable mortgage interest rates are averaging 4.73 percent, up from last week’s average jumbo interest mortgage rate of 4.64 percent. Today’s 3 year jumbo refinance mortgage rates are also lower, averaging 4.73 percent.

5 year jumbo adjustable home mortgage rates are averaging 4.03 percent this week, down slightly from last week’s average mortgage rate of 4.04 percent. Current 5 year jumbo refinance rates are also down slightly averaging 4.03 percent.

7 year jumbo adjustable mortgage rates today are averaging 4.71 percent, down from last week’s average 7 year home mortgage rate of 4.78 percent. Current 7 year jumbo refinance rates today are also down to 4.71 percent.

10 year bank  jumbo mortgage rates are averaging 5.43 percent, a decline from the prior week’s average 10 year jumbo home mortgage rates of 5.49 percent. Current 10 year jumbo home loan refinance rates are also averaging 5.43 percent.

Interest Only Conforming Mortgage Rates

Today’s 3 year interest only mortgage rates are averaging 4.42 percent, up from last week’s average interest only mortgage loan rate of 4.26 percent.

5 year interest only mortgage rates today are averaging 3.67 percent, down from last week’s average five year interest only mortgage loan rate of 3.71 percent.

7 year interest only home mortgage rates today are averaging 4.02 percent, unchanged from last week’s average 7 year IO mortgage rate of 4.30 percent last week.

Interest Only Jumbo Mortgage Rates

Current 3 year jumbo interest only loan mortgage rates are averaging 5.27 percent, down from last week’s average jumbo interest only mortgage rate of 5.60 percent.

Current average 5 year jumbo interest only home loan rates are at 4.54 percent, down from an average IO home mortgage rate of 4.63 percent.

7 year jumbo IO bank mortgage rates today are averaging 4.81 percent, down from an average jumbo 7 year home mortgage rate of 5.01 percent last week.

Current Home Equity Loan Rates

Current 10 year home equity loan rates are averaging 7.115 percent, down from last week’s average home equity loan interest rate of 7.139 percent.

Today’s 15 year home equity rates are averaging 7.433 percent this week, down from last week’s average home equity loan rate of 7.446.

Today’s Home Equity Line of Credit Rates

Today’s average home equity line of credit rate (HELOC) is at 4.777 percent this week, unchanged from last week’s average HELOC rate.

Middlesex Savings Bank headquartered in Natick, Massachusetts, is advertising some of the lowest mortgage rates currently available. Middlesex Savings Bank is advertising fixed rate mortgages and adjustable rate mortgages. The bank’s fixed mortgage rates include both conforming mortgage rates and jumbo mortgage rates. All advertised rates are with zero mortgage discount points.

Searching for the lowest current mortgage rates and refinance rates? Use our mortgage rates table at MortgageRates.MonitorBankRates.com to find the best mortgage rates in your state. No personal information is needed for a list of mortgage rates.

The bank is advertising the most mortgage rates like 30 year mortgage and 15 year mortgage. The bank is also advertising less common mortgage rates like 10 year mortgage rates and 20 year mortgage rates . In fact you can get a mortgage term anywhere from 10 years to 30 years and every year in between.

Current 30 year conforming fixed mortgage rates are advertised at 4.625 percent. That rate is just below the current national average 30 year mortgage rate of 4.67 percent. 30 year super-conforming mortgage rates (loans up to $500,000) are currently advertised at 5.99%. Fixed 30 year jumbo mortgage rates are also advertised at 5.99%.

Middlesex Savings Bank Mortgage Rates

Fixed Mortgage Rates

• 20 Year Conforming Mortgage Rates 4.50%
• 20 Year Jumbo Mortgage Rates 4.75%
• 15 Year Conforming Mortgage Rates 4.50%
• 15 Year Jumbo Mortgage Rates 4.75%
• 10 Year Conforming Mortgage Rates 4.50%
• 10 Year Jumbo Mortgage Rates 4.75%

Adjustable Mortgage Rates

• 5/3 Adjustable Mortgage Rates 4.00%
• 7/3 Adjustable Mortgage Rates 4.75%

Mortgage rates change constantly. For a list of today’s mortgage rates from Middlesex Savings Bank go to middlesexbank.com.