Mortgage Applications and Mortgage Rates Decline This Week: Current Mortgage Rates on 30 Conforming Loans at 3.45 Percent

Average mortgage rates on fixed conforming and jumbo loans declined in the most recent mortgage application survey released this morning. Although average mortgage rates declined mortgage applications declined as well due to the Thanksgiving holiday. In the Mortgage Bankers Assocation's Weekly Application Survey 30 year mortgage rates averaged 3.53 percent for the week that ended on November 23, 2012, down slightly from the prior week's average rate of 3.54 percent. Average mortgage discount points on 30 year conforming loans remained unchanged at 0.40 points.

Mortgage rates today on 30 year conventional loans have fallen even further since the MBA's average for the week of November 23rd. Current mortgage rates on 30 year loans are averaging 3.45 percent and you can find lenders quoting 30 year rates even lower than the averages. Right now on our 30 year refinance rates list for the state of California we have lenders quoting conforming rates as low as 3.00 percent with 2 mortgage points.



Average 30 year jumbo mortgage rates in the MBA survey this week declined to 3.75 percent, down slightly from the previous week's average 30 year jumbo mortgage rate of 3.76 percent. Average mortgage discount points on jumbo loans declined to 0.31 points, down from the prior week's average of 0.40 points. Right now on our 30 year jumbo refinance rates list for the state of New Jersey we have lenders quoting 30 year jumbo refi rates as low as 3.75 percent with points. The lowest 30 year rate without points is at 3.99 percent, a rate still under 4.00 percent for a 30 year jumbo loan with no points is incredible.

Average 30 year FHA mortgage rates remained unchanged at 3.36 percent in this week's MBA survey. Average discount points on 30 year FHA loans declined to 0.31 points, down from last week's average of 0.40 points. Although the average FHA loan rate remained unchanged this week since average points on loans declined the effective rate declined.

Today's mortgage rates on 15 year conforming loans are lower than the MBA average for the week ending November 23rd. Average 15 year mortgage interest rates today are at 2.84 percent, which is lower than the MBA's average of 2.89 percent. The MBA average for November 23rd is unchanged from the prior week's average rate. Average points on 15 year conventional loans increased to 0.35 points, up from the prior week's average of 0.25 points. The effective rate increased this week because of the higher average points on 15 year loans.

You can find refinance rates today on 15 year conforming loans well below the averages. Right now on our 15 year refinance rates list for the state of South Carolina we have two lenders offering 15 year refi rates as low as 2.25 percent with points. The lowest refinance rate without points in SC is at 2.50 percent.

5 year adjustable mortgage interest rates averaged 2.60 percent for the week ending November 23, down from the prior week's survey average of 2.62 percent. Discount points on 5 year adjustable loans averaged 0.37 points this week, unchanged from last week's average. Current refinance rates on our Texas adjustable rate list can be found as low as 1.875 percent with points. Feel free to use our rate tables to find the best mortgage rates or refinance rates in your state.
Loan Term
Lender
APR / Rate
Payment
Fees and Points
 
PADDIO
NMLS #1907
6.252%
15-Year Fixed
5.990%
$3,374 /mo
$6,752
Includes 0.813 points for $3,252
Lender Fees: $3,500
PADDIO
NMLS #1907
7.281%
30-Year Fixed
7.125%
$2,695 /mo
$6,252
Includes 0.688 points for $2,752
Lender Fees: $3,500
Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes or insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details.

Mortgage Rates December 3, 2023

Lender
Product
Rate
APR
Points
30-Year Fixed FHA
7.250%
9.002%
0.000
30-Year Fixed
8.375%
8.498%
0.000
30-Year Fixed
8.250%
8.411%
0.000
5/6M SOFR ARM
8.250%
8.361%
0.000
20-Year Fixed
8.150%
8.354%
0.000
1-Year ARM
6.750%
8.270%
0.000
5-Year Jumbo ARM
6.125%
8.217%
2.000
5Y/6M ARM
7.625%
8.178%
0.926
10-Year ARM
8.000%
8.174%
0.000
30-Year Fixed
8.000%
8.000%
0.000
5-Year ARM FHA
5.750%
7.995%
2.000
7Y/6M ARM
7.375%
7.983%
0.963
7-Year ARM
7.500%
7.959%
0.000
30-Year Fixed
7.875%
7.957%
0.250
10Y/6M ARM
7.500%
7.951%
0.864
20-Year Fixed
7.625%
7.929%
0.677
30-Year Jumbo Fixed
7.750%
7.911%
1.000
5/6 ARM
7.625%
7.884%
0.000
30-Year Fixed
7.750%
7.833%
0.000
5-Year ARM
6.250%
7.829%
2.000
30-Year Fixed Jumbo
7.750%
7.760%
0.000
20-Year Fixed
7.500%
7.747%
0.000
15-Year Fixed
7.500%
7.746%
0.000
30-Year Fixed
7.625%
7.740%
0.000
20-Year Fixed
7.500%
7.735%
1.000
5/1 ARM Jumbo
7.000%
7.705%
0.000
5/6 ARM
6.750%
7.700%
0.500
30-Year Fixed Jumbo
7.250%
7.700%
0.500
30-Year Fixed
7.500%
7.691%
0.000
15-Year Fixed
7.500%
7.682%
0.000
30-Year Fixed
7.500%
7.682%
1.000
30-Year Fixed
7.625%
7.669%
0.000
5/1 ARM
6.875%
7.668%
0.000
5/1 ARM
6.750%
7.643%
0.725
5/6 ARM Jumbo
6.750%
7.640%
0.500
10/6 ARM
7.250%
7.640%
0.000
7/6 ARM
7.000%
7.632%
0.000
15-Year Fixed
7.625%
7.625%
0.000
5/6 Month ARM
6.750%
7.623%
1.000
3-Year ARM
7.000%
7.605%
0.000
5-Year ARM
7.250%
7.600%
0.000
10-Year Fixed
7.250%
7.591%
0.000
30-Year Fixed
7.500%
7.577%
0.000
7/1 ARM
7.000%
7.577%
0.000
30-Year Fixed
7.500%
7.573%
0.000
7/1 ARM Jumbo
6.999%
7.570%
0.000
10/6 ARM
7.125%
7.560%
0.500
15-Year Fixed
7.375%
7.558%
0.000
30-Year Fixed
7.250%
7.554%
22.000
30-Year Fixed FHA
6.625%
7.525%
2.000
30-Year Fixed
7.375%
7.524%
1.000
10-Year Fixed
7.125%
7.524%
1.000
7/6 ARM
6.750%
7.520%
0.500
30-Year Fixed
7.500%
7.514%
0.000
30-Year Fixed
7.500%
7.512%
0.000
30 Year Fixed
7.250%
7.509%
0.939
15-Year Fixed
7.375%
7.505%
0.000
10/6 ARM Jumbo
7.125%
7.500%
0.500
30-Year Fixed
7.125%
7.489%
2.000
7/6 Month ARM
6.750%
7.484%
1.000
15-Year Fixed
7.250%
7.480%
0.000
7/6-Month ARM
6.500%
7.464%
1.000
20-Year Fixed Jumbo
7.250%
7.462%
0.815
30-Year Fixed
7.375%
7.462%
0.000
7/6 ARM Jumbo
6.750%
7.460%
0.500
15-Year Fixed
7.375%
7.444%
0.000
30-Year Fixed
3.375%
7.442%
0.000
30-Year Fixed FHA
6.625%
7.440%
1.000
30-Year Fixed
7.375%
7.424%
0.000
7/6 ARM
6.500%
7.419%
0.719
10/1 Jumbo ARM
6.875%
7.409%
0.840
30-Year Fixed Jumbo
7.250%
7.408%
1.000
30-Year Fixed Jumbo
7.250%
7.403%
0.640
30-Year Fixed
7.250%
7.393%
0.000
30-Year Fixed
7.250%
7.385%
0.000
30-Year Fixed
7.300%
7.381%
0.000
15-Year Fixed
7.350%
7.379%
0.000
5/1 ARM
6.125%
7.371%
0.000
30-Year Fixed
7.250%
7.361%
0.000
5/1 Jumbo ARM
6.750%
7.359%
0.690
7/1 Jumbo ARM
6.500%
7.359%
0.690
20-Year Fixed
7.250%
7.354%
0.000
20-Year Fixed
7.250%
7.343%
0.000
30-Year Fixed
7.125%
7.334%
1.000
30-year Fixed
7.250%
7.320%
0.500
7/6-Month ARM Jumbo
6.375%
7.317%
1.000
30-Year Fixed
7.125%
7.316%
0.000
30-Year Fixed Jumbo
7.250%
7.298%
0.000
10/6 ARM
6.625%
7.294%
0.949
15-Year Fixed Jumbo
7.125%
7.270%
0.500
20-Year Fixed Jumbo
7.125%
7.260%
0.500
30-Year Fixed FHA
6.375%
7.257%
2.000
5/1 ARM
5.500%
7.250%
0.000
15-Year Fixed
7.125%
7.246%
0.000
15-Year Fixed Jumbo
7.000%
7.246%
0.650
15-Year Fixed
7.125%
7.240%
0.500
15-Year Fixed
7.000%
7.215%
0.000
30-Year Fixed
6.875%
7.204%
1.000
10/6 Interest Only Jumbo ARM
6.375%
7.204%
1.000
15-Year Fixed FHA
6.125%
7.202%
2.000
30-Year Fixed
7.125%
7.197%
0.000
15-Year Fixed
7.000%
7.188%
0.625
10-Year Fixed
6.875%
7.187%
0.000
7/1 ARM
7.000%
7.186%
0.000
20-Year Fixed
7.000%
7.181%
0.000
30-Year Fixed
7.000%
7.177%
1.000
15-Year Fixed
6.875%
7.173%
1.375
30-Year Fixed
6.875%
7.167%
1.875
10-Year Fixed
7.000%
7.160%
0.500
20-Year Fixed
7.125%
7.141%
0.000
20-Year Fixed
7.000%
7.139%
0.000
15-Year Fixed
6.875%
7.098%
0.000
30-Year Fixed
6.875%
7.084%
0.875
15-Year Fixed
6.750%
7.084%
1.000
30-Year Fixed
7.000%
7.084%
0.375
30-Year Fixed
7.000%
7.070%
0.000
15-Year Fixed
6.990%
7.067%
0.000
30-Year Fixed
6.750%
7.050%
1.000
30-Year Fixed
6.875%
7.031%
0.704
15-Year Fixed
6.750%
7.029%
1.000
30-Year Fixed
6.875%
7.020%
1.000
15-Year Fixed
6.875%
7.013%
0.000
20-Year Fixed
6.750%
7.010%
1.000
30-Year Fixed FHA
6.250%
6.998%
2.000
15-Year Fixed
6.875%
6.997%
0.000
30-Year Fixed
6.750%
6.996%
2.000
30-Year Fixed
6.875%
6.988%
0.000
15-Year Fixed
6.750%
6.984%
1.000
5-Year ARM
6.750%
6.983%
0.000
30-Year Fixed Jumbo
6.875%
6.978%
1.000
20-Year Fixed
6.875%
6.970%
0.500
15-Year Fixed
6.375%
6.961%
2.125
30-Year Fixed
6.740%
6.924%
0.000
15 Year Fixed Jumbo
6.750%
6.924%
1.000
30-Year Fixed VA
6.375%
6.921%
2.125
15-Year Fixed
6.750%
6.917%
0.000
20-Year Fixed
6.500%
6.890%
2.000
30-Year Fixed
6.750%
6.875%
0.390
15-Year Fixed
6.500%
6.873%
0.875
15-Year Fixed
6.375%
6.871%
2.000
15-Year Fixed
6.750%
6.865%
0.000
20-Year Fixed
6.750%
6.839%
0.000
30-Year Fixed
6.625%
6.825%
1.000
15-Year Fixed
6.750%
6.803%
0.000
15-Year Fixed
6.500%
6.795%
0.000
30-Year Fixed Jumbo
6.625%
6.795%
1.250
30 Year Jumbo Fixed
6.625%
6.781%
1.125
15-Year Fixed
6.750%
6.772%
0.000
30 Year Fixed Jumbo
6.625%
6.756%
1.000
30-Year Fixed
6.650%
6.750%
0.000
30-Year Fixed Jumbo
6.625%
6.744%
1.250
30-Year Fixed Jumbo
6.500%
6.722%
2.000
30-Year Fixed VA
6.375%
6.710%
1.000
15-Year Fixed
6.625%
6.699%
0.000
20-Year Fixed
6.500%
6.696%
0.670
30-Year Fixed
6.625%
6.670%
0.000
30-Year Fixed
6.250%
6.647%
1.000
15-Year Fixed
6.375%
6.641%
0.802
15 Year Fixed
6.250%
6.631%
0.802
15-Year Fixed
6.125%
6.617%
2.000
15-Year Fixed
6.500%
6.609%
0.000
30-Year Fixed FHA
5.625%
6.567%
1.125
20-Year Fixed
6.500%
6.559%
0.000
30-Year Fixed Jumbo
6.375%
6.495%
0.250
30-Year Fixed
6.375%
6.495%
0.250
15-Year Fixed
6.000%
6.480%
1.000
15-Year Fixed Jumbo
5.875%
6.473%
2.000
15-Year Fixed Jumbo
6.250%
6.448%
0.250
15-Year Fixed
6.250%
6.397%
1.000
15-Year Fixed
6.125%
6.381%
0.765
15-Year Fixed
6.000%
6.279%
1.000
3/5 Jumbo ARM
5.000%
6.247%
0.250
3/5 Conforming ARM
5.000%
6.237%
0.250
7/1 ARM
6.500%
6.218%
0.000
15-Year Fixed
6.000%
6.197%
0.250
5/5 Jumbo ARM
5.250%
6.139%
0.250
5/5 ARM
5.250%
6.139%
0.250
3/1 ARM
6.000%
5.892%
0.000

The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed.

 
 
Author: Lisa Graham
November 28th, 2012
Posted in: Bank Mortgage Rates