We have all seen the headlines that mortgage rates are near historic lows. Right now conforming mortgage rates are on 30 year mortgages are averaging 4.20%. 15 year mortgage rates today are even lower averaging 4.49%. If your searching for jumbo mortgage rates 30 year jumbo rates are averaging 4.63%. Now is probably the time to refinance since mortgage refinance rates are headed higher in 2012.
The yield spread between 30 year conforming mortgage rates and 30 year jumbo mortgage rates is also near a historic low of only 43 basis points. 15 year jumbo mortgage rates are averaging 3.89%, a decrease from yesterday’s average 15 year jumbo mortgage rate of 3.94%.
Search and compare current mortgage rates from multiple lenders by using our rate tables here: Current Mortgage Rates . Unlike most websites, no personal information is needed to view a list of mortgage rates.
Following is a more in-depth mortgage rate report released by MonitorBankRates.com this past Monday:
Mortgage Rates
Current Conventional Adjustable Mortgage Rates
1 year adjustable mortgage rates today are averaging 3.72%, up from last week’s average 1 year adjustable jumbo mortgage rate of 3.68%.
3 year adjustable mortgage rates today are averaging 2.76%, down from last week’s average 3 year adjustable mortgage rate of 2.97%.
5 year adjustable mortgage rates are averaging 3.13%, an increase from the prior week’s average 5 year adjustable rate of 2.99%.
Current 7 year adjustable mortgage rates are averaging 3.19%, down from the previous week’s average 7 year adjustable mortgage rate of 3.30%.
10 year adjustable mortgage rates currently are averaging 3.60%, an increase from last week’s average 10 year adjustable rate of 3.59%.
Adjustable Jumbo Mortgage Rates Today
Current 1 year jumbo adjustable mortgage rates are averaging 4.05%, unchanged from last week’s average adjustable jumbo mortgage rate.
3 year adjustable jumbo rates today are averaging lower at 3.40%, down from last week’s average 3 year jumbo adjustable rate of 3.58%.
5 year adjustable jumbo mortgage rates and refinance rates currently are averaging 3.11%, a decrease from last week’s average jumbo adjustable rate of 3.21%.
7 year jumbo adjustable mortgage rates and refinance rates today are averaging 3.69%, up from last week’s average 7 year adjustable home loan rate of 3.54%.
10 year jumbo loan rates and refi rates are averaging 4.03%, up from the prior week’s average 10 year jumbo home mortgage loan rate of 3.89%.
Conforming Interest Only Adjustable Mortgage
3 year interest only adjustable mortgage loan rates and refinancing rates are averaging 3.31%, up from last week’s average interest only mortgage loan rate of 3.21%.
5 year IO adjustable loan mortgage rates and mortgage refinance rates are averaging 3.45%, up from last week’s average five year interest only mortgage rate of 3.23%.
7 year interest only adjustable mortgage rates and refinance rates are averaging 3.47%, down from last week’s average 7 year interest-only mortgage interest rate of 3.49%.
Current Interest Only Jumbo Mortgage Rates
Today’s 3 year jumbo interest only adjustable loan rates are averaging 3.57%, down from last week’s average jumbo adjustable interest only rate of 3.76%.
Current 5 year adjustable jumbo interest only rates are averaging 3.52%, an increase from last week’s average IO home mortgage interest rate of 3.46%.
Today’s 7 year jumbo interest only adjustable rates are averaging 3.82%, up from last week’s average jumbo 7 year home mortgage loan rate of 3.73%.
Home Equity Loan Rates Current
10 year home equity loan rates are averaging 6.52%, down from last week’s average home equity loan rate of 6.60%.
15 year home equity rates are averaging 6.50, down from last week’s average home equity loan rate of 6.58%.
Today's HELOC Rates