Fixed conforming mortgage rates are down again in the latest survey released by Freddie Mac.  Fixed conforming 30 year mortgage interest rates are back under 5.00 percent at 4.97 percent in this week’s Primary Mortgage Market Survey.

Down from the prior week’s average fixed conforming 30 year interest rate of 5.01 percent. Mortgage discount points averaged 0.7 points, unchanged from the prior week. Mortgage points allow the borrower to buy down the mortgage interest rate.  

15 year fixed mortgage rates were down to 4.34 percent this week, down from last week’s average home loan mortgage rate of 4.40 percent. Mortgage points averaged 0.6 points.

5 year adjustable mortgage rates are 4.19 percent this week, down from the prior week’s average interest rate of 4.27 percent. Mortgage discount points averaged 0.6 points this week.

The average 1 year adjustable mortgage rate is at 4.33 percent this week, up from last week’s average interest rate of 4.22 percent.

Here is a more extensive report on average mortgage rates released earlier this week by MortgageRates.MonitorBankRates.com.

Mortgage Rates

Fixed Mortgage Rates

The average conforming 30 year mortgage interest rate is at 5.01 percent this week, down from last week’s average home loan rate of 5.05 percent.

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.

Jumbo Mortgage Rates – Fixed

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

Fixed 15 year jumbo home loans are averaging 5.11% this week, down from last week’s average jumbo loan rate of 5.21%.

Adjustable Mortgage Rates – Conforming

Conforming 1 year adjustable mortgage rates are averaging 4.25% this week, up from last week’s average 1 year home loan rate of 4.23%.

Conforming 3 year adjustable mortgage interest rates are averaging 4.40%, down from last week’s average home loan rate of 4.42%.

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

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

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

Jumbo Adjustable Mortgage Rates

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

The average jumbo 3-year jumbo ARM is at 5.05% this week, down from last week’s average adjustable home loan rate of 5.25%. Low mortgage interest rates will go higher soon.

5 year jumbo ARMs are averaging 4.76% this week, down from the prior week’s average home interest mortgage rate 0f 4.91%.

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

The average 10 year jumbo mortgage rate is at 5.83%, down from the prior week’s average 10 year mortgage rate of 5.92%. Mortgage rates comparison can be done right here on MBR.

Interest Only Mortgage Rates – Conforming

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

5 year mortgage rates are averaging 4.27% this week, down from last week’s average five year interest only mortgage rate of 4.31%. Some of the best mortgage interest rates available.

7 year interest only online mortgage rates are averaging 4.62% this week, down from last week’s APR mortgage rates of 4.75%.

Interest Only Mortgage Rates – Jumbo

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

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 Loan

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

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%.