Mortgage rates were down again this week, continuing the down trend of the past several weeks. Both conforming mortgage rates and fixed jumbo mortgage rates were  down.

One year adjustable mortgage rates did move higher. Jumbo adjustable mortgage rates were up 35 basis points, a big one week move.

Home equity line of credit rates (HELOC) also had a big move down. The average HELOC rate fell to 4.669 percent this week, down 23 basis points from the prior week’s average line of credit rate.  

Mortgage Rates

Conforming 30 year mortgage rates are averaging 5.01 percent this week, down from last week’s average loan rate of 5.05 percent. 30 year FHA mortgage rates are averaging less the conforming rates.

15 year conforming mortgage interest rates are at 4.35 percent this week, down from the prior week’s average interest rate of 4.40 percent.

Current Jumbo Mortgage Rates

Current fixed 30-year jumbo loan rates are averaging 5.65% this week, down from the previous week’s average jumbo interest rate of 5.74%.

The average fixed 15 year jumbo loan is averaging 5.11% this week, down from last week’s average jumbo home loan interest rate of 5.21%.

Today’s Adjustable Mortgage Rates

The average conforming 1 year adjustable mortgage rate is at 4.25% this week, up from last week’s average 1 year loan rate of 4.23%.

The average 3 year adjustable mortgage interest rate is averaging 4.40%, down from last week’s average interest loan rate of 4.42%.

Conforming 5 year adjustable mortgage loan rates are averaging 4.16% this week, up from the previous week’s average mortgage rate of 4.14%.

Conforming 7 year adjustable interest mortgage rates are averaging 4.40%, down from last week’s average bank mortgage rate of 4.59%.

Conforming 10 year mortgage current rates are averaging 4.88%, down from the previous week’s average mortgage rate of 4.99%.

Adjustable Jumbo Mortgage Rates

1 year jumbo adjustable mortgage bank rates are averaging 5.65% this week, up from the prior week’s average home mortgage loan rate 5.30%. Mortgage refinance rates are also averaging 5.65%.

The average jumbo 3-year jumbo ARM is at 5.05% this week, down from last week’s average adjustable rates home loan of 5.25%.

5 year jumbo adjustable mortgage rates today are averaging 4.76% this week, down from the prior week’s average home interest mortgage rate 0f 4.91%. 5 year rates are some of the best mortgage rates available right now.

7 year jumbo ARMs are averaging 5.50% this week, up from last week’s average loan mortgage rate of 5.44%.

The average 10 year jumbo home mortgage rate is at 5.83%, down from the prior week’s average 10 year mortgage rate of 5.92%. 10 year mortgage rate refinance rates are also averaging 5.83%.

Conforming Interest Only Mortgage Rates

3 year interest only mortgage best rates are averaging 4.60% this week, up from the prior week’s average interest rate of 4.59%.

5 year interest only loans are averaging 4.27% this week, down from last week’s average five year interest only mortgage rate of 4.31%.

7 year interest only home loans are averaging 4.62% this week, down from last week’s average interest rate of 4.75%.

Jumbo Interest Only Mortgage Rates

3 year jumbo interest only mortgages are averaging 5.55% this week, down from last week’s jumbo interest mortgage rate of 5.58%.

5 year jumbo IO loan rates are averaging 5.32%, up from the prior week’s average IO mortgage rate of 4.91%.

The average jumbo 7 year IO loan mortgage rate is at 6.05%, up from last week’s average jumbo rate of 5.85%.

Home Equity Loans Rates

The average home equity loan rate was down this week over last. 10 year home equity loan rates decreased to 7.357% this week, down from last week’s average equity home loan rate of 7.416%. 15 year home equity rates are down to 7.5172%, down from the prior week’s average home equity rate of 7.517%.

Home Equity Line of Credit (HELOC) Rates

Average home equity line of credit rates were down this week over last. The average HELOC rate is at 4.669% this week, down from last week’s average HELOC rate of 4.905%.