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.



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.

Loan Type

Purchase Refinance with Cash out Refinance

State

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District Of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

FICO Score

Superior (780-850) Exceptional (760-779) Excellent (740-759) Very Good (720-739) Good (700-719) Above Average (680-699) Average (660-679) Fair (640-659) Need Improvement (620-639) Poor (350-620)

Loan Amount

$

Points

Up to 0 points Up to 0.5 points Up to 1 points Up to 1.5 points Up to 2 points Up to 2.5 points Up to 3 points

LTV

%

Loan Term

 15-Year Fixed  20-Year Fixed  30-Year Fixed  5-Year ARM  7-Year ARM  10-Year ARM

Mortgage Rates November 29, 2023