Mortgage Rates and Refinance Rates Head Lower as GDP is Revised Down: 30 Year Mortgage Rates at 4.85%

Mortgage rates and refinance rates are lower again today. Mortgage rates and bond yields have been slowly heading down this week after going higher last week. Today's 30 year mortgage rates and refinancing rates are averaging 4.85 percent. Earlier this week 30 year rates were above 5.00 percent. Conforming 30 year mortgage rates and refinance rates in Idaho are higher than the national average 30 year rate. Current 30 year rates in Idaho are averaging 4.93 percent.

Today's 15 year conforming mortgages rates and refinancing rates are averaging 4.21 percent, down yesterday's average 15 year mortgage rate and refinance rate of 4.31 percent. 15 year conforming mortgage rates and refinance rates in North Carolina are lower than the national average 15 year interest rate. Current 15 year North Carolina mortgage rates and 15 year refi rates are averaging 4.16 percent.

Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
in 95816, 2, 740    Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
PERIOD_FIXED_30YEARS Mortgage Loan from HomePlus Mortgage
HomePlus Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111128.gif
300000
Purchase
3.560%
3.375%
USD
HomePlus Mortgage Logo
NMLS # 78669
10/21/2019
at 2.000 pts
30 day lock rate
Est payment: $1,327
Fees in APR: $6,995
Personal service - one point of contact from start to finish – available nights and weekends
 
PERIOD_FIXED_30YEARS Mortgage Loan from Quicken Loans NMLS #3030
Quicken Loans NMLS #3030
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111724.gif
300000
Purchase
4.291%
4.125%
USD
Quicken Loans NMLS #3030 Logo
NMLS # 3030
10/21/2019
at 2.000 pts
45 day lock rate
Est payment: $1,454
Fees in APR: $6,000
The Better Business Bureau gives Quicken Loans and A+ for customer service.
 
PERIOD_FIXED_30YEARS Mortgage Loan from Rocket Mortgage
Rocket Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111574.gif
300000
Purchase
4.039%
3.875%
USD
Rocket Mortgage Logo
NMLS # 3030
10/21/2019
at 2.000 pts
45 day lock rate
Est payment: $1,411
Fees in APR: $6,000
From the lender: We can close your loan in less than a month!
 
PERIOD_FIXED_30YEARS Mortgage Loan from New American Funding
New American Funding
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111741.gif
300000
Purchase
3.514%
3.375%
USD
New American Funding Logo
NMLS # 6606
10/21/2019
at 1.750 pts
30 day lock rate
Est payment: $1,327
Fees in APR: $5,250
Direct lender specializing in helping you save money on your home loan.
 
PERIOD_FIXED_30YEARS Mortgage Loan from Apple Financial Network, Inc
Apple Financial Network, Inc
https:https://mortgagerates.icanbuy.com/images/lenderslogos/112378.gif
300000
Purchase
3.556%
3.375%
USD
Apple Financial Network, Inc Logo
NMLS # 1846010
State Lic # 01527337
10/21/2019
at 1.625 pts
30 day lock rate
Est payment: $1,327
Fees in APR: $6,972
Be ready to buy. Get pre-approved by a local lender
 
PERIOD_FIXED_30YEARS Mortgage Loan from Rocket Mortgage
Rocket Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111574.gif
300000
Purchase
4.039%
3.875%
USD
Rocket Mortgage Logo
NMLS # 3030
10/21/2019
at 2.000 pts
45 day lock rate
Est payment: $1,411
Fees in APR: $6,000
From the lender: We can close your loan in less than a month!
 
PERIOD_FIXED_30YEARS Mortgage Loan from Quicken Loans NMLS #3030
Quicken Loans NMLS #3030
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111724.gif
300000
Purchase
4.291%
4.125%
USD
Quicken Loans NMLS #3030 Logo
NMLS # 3030
10/21/2019
at 2.000 pts
45 day lock rate
Est payment: $1,454
Fees in APR: $6,000
The Better Business Bureau gives Quicken Loans and A+ for customer service.
 
PERIOD_FIXED_30YEARS Mortgage Loan from HomePlus Mortgage
HomePlus Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111128.gif
300000
Purchase
3.560%
3.375%
USD
HomePlus Mortgage Logo
NMLS # 78669
10/21/2019
at 2.000 pts
30 day lock rate
Est payment: $1,327
Fees in APR: $6,995
Personal service - one point of contact from start to finish – available nights and weekends
 

Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.






30 year jumbo refinance rates and 30 year jumbo rates are averaging 5.60 percent, down from yesterday's average jumbo rate and jumbo refi rate of 5.64 percent. 30 year jumbo mortgage rates and jumbo refinancing rates in California are lower than the national average jumbo rate. Current 30 year  jumbo rates in California are averaging 5.55 percent.

15 year jumbo rates and jumbo refinance rates are averaging 4.74 percent, down from yesterday's average jumbo mortgage loan rate of 4.86 percent. 15 year jumbo mortgage rates today and jumbo refinance rates in New York are higher than the national average. 15 year jumbo rates in New York are averaging 4.77 percent.

Following is a more in-depth home mortgage loan rates report released by MonitorBankRates earlier this week: 

Mortgage Rates & Refinance Rates


Current 30 year conforming mortgage rates and refinance rates are averaging 5.04 percent, an increase from last week’s average 30 year home loan rates and mortgage refinance rate of 4.87 percent. 

15 year mortgages rates and refinance mortgage rates are averaging 4.23 percent, down slightly from last week when 15 year mortgage rates and refinance rates averaged 4.24 percent. 

30 year jumbo refinance rates and 30 year jumbo mortgage interest rates are currently averaging 5.46 percent, down from last week’s average jumbo rate and jumbo refi rate of 5.50 percent.

15 year jumbo rates and jumbo refinance rates are averaging 4.76 percent, a decrease from the prior week’s average jumbo mortgage loan rate of 4.80 percent. 

Conforming Adjustable Mortgage Rates and Conforming Adjustable Refinancing Mortgage Rates


The current refinancing rate and mortgage rate on 1 year adjustable rates are averaging 2.90 percent, unchanged from last week’s average 1 year adjustable home mortgage refi rate and loan rate.

3 year adjustable mortgage refinance rates and adjustable mortgage rates are averaging 3.52 percent, down from last week’s average 3 year adjustable mortgage loan rate of 3.59 percent.

Current refinance rates and mortgage rates on 5 year adjustable mortgages are averaging 3.46 percent, down from the prior week’s average rate of 3.52 percent.

Current refinance mortgage rates and mortgage rates on 7 year adjustable home loans are averaging 4.05 percent, down from the previous week’s average 7 year loan rate of 4.10 percent.

10 year adjustable mortgage loan rates are averaging 4.47 percent this week, down from last week’s average 10 year adjustable rate of 4.60 percent. currentmortgage refinance rates on 10 year home loans are also averaging 4.47 percent.

Adjustable Jumbo Refi Rates and Jumbo Loan Rates Today


1 year jumbo adjustable loan rates are averaging 3.50 percent, unchanged from the prior week’s average 1 year jumbo adjustable loan interest rate. Refinance rates on 1 year jumbo loans are also averaging 3.50 percent.

3 year adjustable jumbo rates are averaging higher at 4.64 percent, up from last week’s average 3 year jumbo adjustable rate of 4.47 percent. Today’s refinance interest rates on 3 year jumbo loans are also higher, averaging 4.64 percent.

5 year adjustable jumbo interest rates today are averaging 4.01 percent, an increase from last week’s average jumbo adjustable rate of 3.99 percent. Today’s refinancing mortgage interest rates are also averaging 4.01 percent.

7 year jumbo adjustable loan rates today are averaging 4.78 percent, unchanged from last week’s average 7 year adjustable home loan rate. 7 year jumbo refinance loan rates are also lower at 4.78 percent.

10 year jumbo loan rates are averaging 5.33 percent, down from the prior week’s average 10 year jumbo home loan rate of 5.39 percent. 10 year jumbo refinance interest rates are also lower, averaging 5.33 percent.

Current Conforming Interest Only Adjustable Rates Current and Adjustable Interest Only Refinance Rates


3 year interest only adjustable mortgage loan rates are averaging 3.61 percent, down from last week’s average interest only mortgage loan rate of 3.76 percent. 3 year interest only adjustable refinance mortgage rates are also averaging 3.61 percent.

5 year interest only adjustable loan rates are averaging 3.69 percent, down from last week’s average five year interest only mortgage loan rate of 3.81 percent. Current 5 year interest only adjustable refinance mortgage loan rates are also averaging 3.69 percent.

7 year interest only adjustable mortgage loan rates are averaging 4.18 percent, down from last week’s average 7 year interest-only mortgage interest rate of 4.35 percent. 7 year adjustable refi loan rates are averaging 4.18 percent.

Today's Jumbo Mortgage Refinance Rates Current and Jumbo Mortgage Interest Rates on Interest Only Adjustable Jumbo Loans


3 year jumbo interest only adjustable loan rates are averaging 4.83 percent, up from last week’s average jumbo adjustable interest only rate of 4.80 percent. 3 year interest only adjustable jumbo refi rates are also higher averaging 4.83 percent.

5 year adjustable jumbo interest only rates are averaging 4.58 percent, up from last week’s average IO home mortgage interest rate of 4.30 percent. 5 year jumbo adjustable IO loan rates are also higher, averaging at 4.58 percent.

7 year jumbo interest only adjustable rates are averaging 5.08 percent, up from last week’s average jumbo 7 year home loan rate of 5.04 percent. Current 7 year jumbo adjustable interest-only rates are also averaging 5.08  percent.

Home Equity Loan Rates


10 year home equity loan rates are averaging 6.714 percent, no change from last week’s average home equity loan rate.

15 year home equity rates are averaging 7.093 percent, unchanged from the prior week’s average home equity loan rate.

Home Equity Line of Credit Rates (HELOC)


Home equity line of credit rates are averaging 5.17 percent, up from last week’s average rate HELOC rate of 5.15 percent.
 
 
Author: Brian McKay
February 25th, 2011
Posted in: Bank Mortgage Rates