Mortgage Rates: Today’s Mortgage Rates at Record Low on 30 Year Loans, Current Rates at 4.06%

Mortgage rates are at another record low today thanks to an all time record low set on 10 year bond yields. Today's mortgage rates on 30 year mortgages are averaging 4.01%, an all-time record low for 30 year conforming rates.  Current mortgage rates on 15 year conforming mortgage loans are also lower today averaging 3.28%, down from yesterday's average 15 year conforming rate of 3.29%. You can expect mortgage rates and refinance rates to head back up over the weekend since 10 year bond yields were up 0.09% on Friday.

Compare mortgage rates and refinance rates from several lenders by using our rate tables here: Mortgage Rates Today. Unlike most websites, no personal information is needed to view a list of loan rates.




30 year jumbo mortgage rates are averaging 4.48%, a decrease from yesterday’s average 30 year jumbo mortgage rate of 4.58%. 15 year jumbo mortgage rates currently are averaging 3.67%, down from yesterday’s average 15 year jumbo mortgage rate of 3.73%.

Following is a more in-depth mortgage rate report released by MonitorBankRates.com this past Monday:

Mortgage Rates


Conforming Adjustable Mortgage Rates and Refinance Rates


1 year adjustable mortgage rates today are averaging 3.62%, unchanged from last week’s average 1 year adjustable jumbo mortgage rate.

3 year adjustable mortgage rates today are averaging 2.93%, up from last week’s average 3 year adjustable mortgage rate of 2.88%.

5 year adjustable mortgage rates are averaging 2.96%, down from the prior week’s average 5 year adjustable rate of 3.29%.

Current 7 year adjustable mortgage rates are averaging 3.24%, up from the previous week’s average 7 year adjustable mortgage rate of 3.10%.

10 year adjustable mortgage rates currently are averaging 3.66%, up from last week’s average 10 year adjustable rate of 3.52%.

Current Adjustable Jumbo Mortgage Interest Rates


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 3.35%, down from last week’s average 3 year jumbo adjustable rate of 3.56%.

5 year adjustable jumbo mortgage rates currently are averaging 3.12%, unchanged from last week’s average jumbo adjustable rate.

7 year jumbo adjustable mortgage loan rates are averaging 3.52%, up from last week’s average 7 year adjustable home loan rate of 3.45%.

10 year jumbo loan rates are averaging 3.93%, down from the prior week’s average 10 year jumbo home mortgage loan rate of 3.95%.

Conforming IO Adjustable Mortgage Rates Today


3 year interest only adjustable mortgage loan rates are averaging 3.13%, down from last week’s average interest only mortgage loan rate of 3.17%.

5 year IO adjustable loan mortgage rates are averaging 3.14%, up from last week’s average five year interest only mortgage rate of 2.95%.

7 year interest only adjustable mortgage loan rates are averaging 3.35%, up from last week’s average 7 year interest-only mortgage interest rate of 3.17%.

Today's IO Jumbo Mortgage Rates


Today’s 3 year jumbo interest only adjustable loan rates are averaging 3.44%, down from last week’s average jumbo adjustable interest only rate of 3.59%.

Current 5 year adjustable jumbo interest only rates are averaging 3.39%,   up from last week’s average IO home mortgage interest rate of 3.32%.

Today’s 7 year jumbo interest only adjustable rates are averaging 3.72%, up from last week’s average jumbo 7 year home mortgage loan rate of 3.69%.

Home Equity Loan Rates Today


10 year home equity loan rates are averaging 6.68%, down from last week’s average home equity loan rate of 6.73%.

15 year home equity rates are averaging 6.72%, up from last week’s average home equity loan rate of 6.62%.

HELOC Rates Currently


Home equity line of credit rates currently are averaging 5.03%, unchanged from last week’s average rate HELOC rate.
 
 
Author: Robert Till
September 23rd, 2011
Posted in: Bank Mortgage Rates