Mortgage Rates 8/27: 30 Year Mortgage Rates Decline to 4.19% as Hurricane Irene Hits The East Coast

Mortgage rates are lower today following 10 year U.S. Treasury yields lower as Hurricane Irene hits the East Coast. 30 year mortgage rates today are averaging 4.19%, a decline from yesterday’s average 30 year mortgage rate of 4.30%. Current mortgage rates on 30 year loans are only 6 basis points from an all time low. 15 year mortgage rates currently are averaging 3.42%, down from yesterday's average 15 year mortgage rate of 3.51%.

Find a list of mortgage rates today from several lenders by searching our mortgage rate tables here: MORTGAGE RATES TODAY.

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 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 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 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 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.






Jumbo mortgage rates also declined today. Current 30 year jumbo mortgage rates are averaging 4.68%, down from yesterday's average 30 year jumbo mortgage rate of 4.75%. Jumbo rates on 15 year jumbo loans are averaging 3.82%, a decline from yesterday's average 15 year jumbo mortgage rate of 3.91%.

You can view a complete list of average mortgage rates released by MonitorBankRates.com this past Monday:

Mortgage Rates


Mortgage rates declined again this week and 30 year mortgage rates hit an all-time low of 4.14% in MonitorBankRates’ Weekly Average Mortgage Rate Survey. Millions of homeowners can’t take advantage of record low mortgage rates and refinance because they don’t have the required 80% loan-to-value (LTV) ratio many lenders now require.

The Mortgage Bankers Association also reported a rise in mortgage delinquencies to a seasonally adjusted rate of 8.44 percent of all loans outstanding as of the end of the second quarter of 2011, an increase of 12 basis points from the first quarter of 2011.

Conforming 15 year mortgage rates are also at record lows in this week’s survey. 15 year mortgage rates currently are averaging 3.36%, down from last week’s average 15 year mortgage rate of 3.50%.

Mortgage rates on 30 year jumbo mortgages are averaging 4.62%, down from last week’s average 30 year jumbo mortgage rate of 4.70%.  Average mortgage rates today on 15 year jumbo mortgages are at 3.87%, down slightly from last week’s average 15 year jumbo rate of 4.08%.

Current Conforming Adjustable Mortgage Rates


1 year adjustable mortgage rates today are averaging 3.48%, down from last week’s average 1 year adjustable jumbo mortgage rate of 3.48%.

Current 3 year adjustable mortgage rates today are averaging 2.98%, up from last week’s average 3 year adjustable mortgage rate of 2.95%.

5 year adjustable mortgage rates are averaging 2.99%, down slightly from the prior week’s average 5 year adjustable rate of 3.00%.

Today’s 7 year adjustable mortgage rates are averaging 3.17%, down from the previous week’s average 7 year adjustable mortgage rate of 3.23%.

10 year adjustable mortgage rates currently are averaging 3.60%, down from last week’s average 10 year adjustable rate of 3.76%.

Adjustable Jumbo Mortgage Rates Today


Current 1 year jumbo adjustable mortgage rates are averaging 3.12%, unchanged from last week’s average adjustable jumbo mortgage rate.

3 year adjustable jumbo rates today are averaging higher at 3.42%, up from last week’s average 3 year jumbo adjustable rate of 3.33%.

5 year adjustable jumbo mortgage rates current are averaging 3.23%, down from last week’s average jumbo adjustable rate of 3.25%.

7 year jumbo adjustable mortgage loan rates are averaging 3.61%, down from last week’s average 7 year adjustable home loan rate of 3.64%.

10 year jumbo loan rates are averaging 4.13%, down from the prior week’s average 10 year jumbo home mortgage loan rate of 4.15%. 

Today's Conforming Interest Only Adjustable Mortgage Rates


3 year interest only adjustable mortgage loan rates are averaging 3.25%, up from last week’s average interest only mortgage loan rate of 3.14%.

5 year IO adjustable loan mortgage rates are averaging 3.06%, down last week’s average five year interest only mortgage rate of 3.13%.

7 year interest only adjustable mortgage loan rates are averaging 3.29%, down from last week’s average 7 year interest-only mortgage interest rate of 3.39%. 

Interest Only Jumbo Mortgage Rates Current


Today’s 3 year jumbo interest only adjustable loan rates are averaging 3.52%, up from last week’s average jumbo adjustable interest only rate of 3.43%.

Current 5 year adjustable jumbo interest only rates are averaging 3.56%, up from last week’s average IO home mortgage interest rate of 3.55%.

Today’s 7 year jumbo interest only adjustable rates are averaging 3.83%, unchanged from last week’s average jumbo 7 year home mortgage loan rate.

Home Equity Loan Rates Today


10 year home equity loan rates are averaging 6.66%, up from last week’s average home equity loan rate of 6.62%.

15 year home equity rates are averaging 6.68%, up from last week’s average home equity loan rate of 6.86%.

Today's HELOC Rates


Home equity line of credit rates are averaging 5.04%, up from last week’s average rate HELOC rate of 4.97%.
 
 
Author: Robert Till
August 27th, 2011