Mortgage Rates: Wild Market Swings Send 30 Year Mortgage Rates Higher at 4.02%

Mortgage rates are mixed today as bond yields and stock indexes swung wildly closing higher. 30 year mortgage rates today are averaging 4.02%, up from yesterday's all-time low of 3.99%. Current 15 year mortgage rates are at 3.32%, down from yesterday's average 15 year mortgage rate of 3.34%. The DJIA was down more than 200 points at one point today but closed 150 points higher. 10 year bond yields traded in a range of 1.71% to 1.84% and closed at 1.78%.

Compare today's mortgage 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 mortgage rates.




Current 30 year jumbo mortgage rates are averaging 4.51%, an increase from yesterday's average 30 year jumbo mortgage rate of 4.46%. 15 year jumbo mortgage rates are averaging 3.84%, up from yesterday's average 15 year jumbo mortgage rate of 3.82%.

Mortgage Rates


Current Conforming Adjustable Mortgage Rates


1 year adjustable mortgage rates today are averaging 3.65%, up from last week’s average 1 year adjustable jumbo mortgage rate of 3.63%.

3 year adjustable mortgage rates today are averaging 2.97%, down from last week’s average 3 year adjustable mortgage rate of 3.18%.

5 year adjustable mortgage rates are averaging 2.99%, down from the prior week’s average 5 year adjustable rate of 3.25%.

Current 7 year adjustable mortgage rates are averaging 3.30%, up from the previous week’s average 7 year adjustable mortgage rate of 3.24%.

10 year adjustable mortgage rates currently are averaging 3.59%, an increase from last week’s average 10 year adjustable rate of 3.55%.

Adjustable Jumbo Mortgage Rates Current


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 3.55%, up from last week’s average 3 year jumbo adjustable rate of 3.39%.

5 year adjustable jumbo mortgage rates and refinance rates currently are averaging 3.21%, up from last week’s average jumbo adjustable rate of 3.10%.

7 year jumbo adjustable mortgage rates and refinance rates today are averaging 3.54%, up from last week’s average 7 year adjustable home loan rate of 3.42%.

10 year jumbo loan rates and refi rates are averaging 3.89%, down from the prior week’s average 10 year jumbo home mortgage loan rate of 3.94%.

Conforming Interest Only Adjustable Mortgage Rates Today


3 year interest only adjustable mortgage loan rates and refinancing rates are averaging 3.21%, up from last week’s average interest only mortgage loan rate of 3.43%.

5 year IO adjustable loan mortgage rates and mortgage refinance rates are averaging 3.23%, up from last week’s average five year interest only mortgage rate of 3.18%.

7 year interest only adjustable mortgage rates and refinance rates are averaging 3.49%, up from last week’s average 7 year interest-only mortgage interest rate of 3.36%.

Today's Interest Only Jumbo Mortgage Rates 


Today’s 3 year jumbo interest only adjustable loan rates are averaging 3.76%, up from last week’s average jumbo adjustable interest only rate of 3.54%.

Current 5 year adjustable jumbo interest only rates are averaging 3.46%, down from last week’s average IO home mortgage interest rate of 3.47%.

Today’s 7 year jumbo interest only adjustable rates are averaging 3.73%, up from last week’s average jumbo 7 year home mortgage loan rate of 3.67%.

Current Home Equity Loan Rates


10 year home equity loan rates are averaging 6.60%, down from last week’s average home equity loan rate of 6.66%.

15 year home equity rates are averaging 6.58%, down from last week’s average home equity loan rate of 6.64%.

HELOC Rates Today


Home equity line of credit rates currently are averaging 5.00%, down from last week’s average rate HELOC rate of 5.03%.
 
 
Author: Robert Till
October 4th, 2011
Posted in: Bank Mortgage Rates