Mortgage Rates and Refinance Rates This Afternoon: 15 Year Jumbo Mortgage Rates and Refi Rates Averaging 4.76%

Mortgage rates are mixed this afternoon. Current 30 year refinance mortgage rates and mortgage rates are averaging 4.79 percent, no change from yesterday’s average 30 year mortgage rate and refinance rate. 30 year mortgage rates and mortgage refinance rates in New York are higher averaging 4.93 percent.

30 year jumbo mortgage rates today and jumbo mortgage refinance rates today are averaging 5.41 percent, a decrease from yesterday’s average rate of 5.42 percent. Current 30 year jumbo refinance rates and jumbo mortgage rates in California are higher averaging 5.54 percent.

Today's 15 year conforming mortgage rates and refinance rates are averaging 4.20 percent, up from yesterday’s average 15 year conforming mortgage rate and 15 year conforming refinance rate of 4.17 percent.15 year mortgage rates and refinance rates in Texas are higher averaging 4.20 percent.

15 year jumbo refinance rates and mortgage rates are averaging 4.76 percent, up from yesterday’s average 15 year jumbo home loan rate and 15 year home loan refinance rate of 4.60 percent. Current 15 year jumbo rates in Florida are lower averaging 4.84 percent.

Following is a more in-depth home mortgage rates report released by this past Monday:

Mortgage Rates and Refinance Mortgage Rates

Today’s 30 year mortgage rates and mortgage refinance rates are averaging 4.79 percent, up from last week’s average 30 year home mortgage rate and refinance rate of 4.77 percent. 30 year mortgage rates and mortgage refinance rates in North Carolina are higher than the national average 30 year rate. Today’s 30 year mortgage rates and refinance rates in North Carolina are averaging 4.86 percent.

15 year conforming refinance rates and mortgage rates are averaging 4.17 percent, down from the prior week’s average 15 year mortgage loan rate and refinance loan rate of 4.10 percent. Current 15 year home mortgage loan rates and refinance rates today in Maryland are slightly lower than the national average 15 year rate. Current 15 year rates in Maryland are averaging 4.11 percent.

Current 30 year jumbo mortgage rates and 30 year jumbo refinance rates today are averaging 5.42 percent, up from last week’s  average jumbo mortgage rate and jumbo refinance rate of 5.35 percent. 30 year jumbo refinance mortgage rates and mortgage rates in Minnesota are higher averaging 5.43 percent.

Current 15 year jumbo home mortgage rates and jumbo refinance mortgage rates are averaging at 4.60 percent, down from the prior week’s average jumbo mortgage loan rate of 4.78 percent. Current 15 year jumbo mortgage loan rates and mortgage refinance rates in Georgia are higher averaging 4.71 percent.

Conforming Adjustable Mortgage Rates Today and Mortgage Refinance Rates Today

1 year adjustable rates: Current refinancing rates and mortgage rates today are averaging 3.11 percent, unchanged from last week’s average 1 year adjustable home mortgage refinance rate and mortgage loan rate.

3 year adjustable mortgage rates and current refinancing mortgage rates are averaging 3.30 percent, up from last week’s average 3 year adjustable mortgage loan rate of 3.26 percent.

5 year adjustable mortgage loan rates today are averaging 3.64 percent, up from the prior week’s average mortgage rate of 3.42 percent. Current refinance rates are also averaging 3.64 percent.

7 year adjustable mortgage loan interest rates today are averaging 3.84 percent, down from the previous week’s average 7 year home mortgage rate of 3.93 percent. Current refinance mortgage rates are also lower, averaging 3.84 percent.

10 year adjustable mortgage loan rates today are averaging 4.39 percent this week, down from last week’s average 10 year adjustable mortgage rate of 4.57 percent. Current mortgage refinance rates for 10 year home loans are also averaging 4.39 percent.

Current Adjustable Jumbo Refinance Rates and Current Mortgage Rates

1 year jumbo adjustable loan rates are averaging 3.39 percent, unchanged from the prior week’s average 1 year jumbo adjustable loan mortgage interest rate. Today refinance rates on 1 year jumbo refinance loan mortgage rates today are also unchanged at 3.39 percent.

3 year adjustable jumbo mortgage rates today are higher averaging 4.31 percent, down from last week’s average 3 year jumbo adjustable loan rate of 4.33 percent. Today’s refinance interest rates on 3 year jumbo adjustable mortgage loans are also lower averaging 4.31 percent.

5 year adjustable jumbo mortgage rates today are averaging 3.85 percent, down from last week’s average mortgage rate of 3.91 percent. Current refinance mortgage rates on 5 year jumbo home loans are also averaging 3.85 percent.

7 year jumbo adjustable mortgage rates today are averaging 4.62 percent, down from last week’s average 7 year home mortgage loan rate of 4.67 percent. 7 year jumbo refinance mortgage rates today are also lower at 4.62  percent.

10 year jumbo loan interest rates are averaging 5.23 percent, down from the prior week’s average 10 year jumbo home mortgage rate of 5.33 percent. 10 year jumbo home loan refinance interest rates today are also lower averaging 5.23 percent.

Conforming Interest Only Adjustable Refinance Rates Today and Interest Only Adjustable Mortgage Rates Toay

3 year interest only adjustable mortgage loan rates today are averaging 3.53 percent, up from last week’s average interest only mortgage loan rate of 3.48 percent. 3 year interest only adjustable refinance mortgage rates are also higher at 3.53 percent.

5 year interest only adjustable loan rates are averaging 3.59 percent, down from last week’s average five year interest only mortgage loan rate of 3.63 percent. Current 5 year interest only adjustable refinance mortgage rates are also averaging 3.59 percent.

7 year interest only adjustable mortgage loan rates are averaging 4.03 percent, down from last week’s average 7 year interest-only mortgage interest rate of 4.14 percent. 7 year adjustable refinance rate mortgages today are averaging 4.03 percent.

Interest Only Adjustable Jumbo Mortgage Refinance Rates and Jumbo Interest Only Mortgage Rates

3 year jumbo interest only adjustable mortgage rates today are averaging 4.83 percent, unchanged from last week’s average jumbo adjustable interest only mortgage rate. 3 year interest only adjustable jumbo refinance rates today are also unchanged averaging 4.83 percent.

5 year adjustable jumbo loan interest only mortgage rates today are averaging 4.38 percent, up from last week’s average IO home mortgage interest rate of 4.34 percent. 5 year jumbo adjustable IO loan rates are also averaging higher at 4.38 percent.

7 year jumbo interest only adjustable mortgage rates are averaging 4.82 percent, down from an average jumbo 7 year home mortgage rate of 4.89 percent last week. Current 7 year jumbo adjustable interest-only mortgage rates today are also averaging 4.82 percent.

Home Equity Loan Rates

Current 10 year home equity loan rates are averaging 6.705 percent, unchanged from last week’s average home equity rate.

Today’s 15 year home equity rates are averaging 7.093 percent, up from last week’s average home equity rate of 7.072 percent.


Home equity line of credit rates are averaging 5.15 percent, unchanged from last week’s average HELOC rate.
Author: Brian McKay
December 29th, 2010