Mortgage Rates: Refinance Mortgage Rates Jump Higher, 30 Year Refinance Mortgage Rates at 4.95%

Mortgage Rates: Refinance mortgage rates have abruptly reversed course and jumped higher this week, heading back towards 5.00 percent. After two weeks of mortgage refinance rates declining due to the financial crisis in Europe and declining Treasury yields, rates are heading higher. The current average 30 year mortgage refinance rate is averaging 4.95 percent. 10 year Treasury yields were as low as 3.11 percent this past Tuesday but have since headed higher closing yesterday at 3.33 percent.


Looking for current mortgage refinance rates? Search our mortgage rate tables at MortgageRates.MonitorBankRates.com to find the best refinance mortgage rates.


15 year refinance mortgage rates are down slightly this week over last, the current 15 year mortgage refinance rate is averaging 4.27 percent, down from an average refinance rate of 4.28 percent last week.



Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
30 yr fixed refi in 23223, All points, Credit score: 740+     Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
30 yr fixed Mortgage Loan from US Wide Financial
US Wide Financial
https://www.brimg.net/system/img/inst/5230_logo.gif
300000
Refinance
3.891
3.875
USD
US Wide Financial Logo
NMLS # 192116
at 0.000 pts
30 day lock rate
Est payment: $1,410.71
Fees in APR: $582
Thank you for your inquiry! 
 
30 yr fixed mtg refi Mortgage Loan from Fulton Bank, NA
Fulton Bank, NA
300000
Refinance
4.403
4.375
USD
Fulton Bank, NA
4.403%
5/21/2019
4.375%
at 0.000 pts
60 day lock rate
Est payment: $1,497.86
Fees in APR: $1,007
 
 
30 yr fixed mtg refi Mortgage Loan from Raymond James Bank, NA
Raymond James Bank, NA
300000
Refinance
4.537
4.500
USD
Raymond James Bank, NA
4.537%
5/21/2019
4.500%
at 0.000 pts
45 day lock rate
Est payment: $1,520.06
Fees in APR: $1,299
 
 
30 yr fixed mtg refi Mortgage Loan from State Department Federal Credit Union
State Department Federal Credit Union
300000
Refinance
4.306
4.250
USD
State Department Federal Credit Union
4.306%
5/20/2019
4.250%
at 0.000 pts
60 day lock rate
Est payment: $1,475.82
Fees in APR: $2,000
 
 
30 yr fixed mtg refi Mortgage Loan from Bank of Oak Ridge
Bank of Oak Ridge
300000
Refinance
4.044
4.000
USD
Bank of Oak Ridge
4.044%
5/16/2019
4.000%
at 0.250 pts
60 day lock rate
Est payment: $1,432.25
Fees in APR: $853
 
 
30 yr fixed mtg refi Mortgage Loan from Virginia Credit Union
Virginia Credit Union
300000
Refinance
4.213
4.125
USD
Virginia Credit Union
4.213%
5/21/2019
4.125%
at 0.500 pts
45 day lock rate
Est payment: $1,453.95
Fees in APR: $1,650
 
 
30 yr fixed mtg refi Mortgage Loan from LincolnWay Community Bank
LincolnWay Community Bank
300000
Refinance
4.030
4.000
USD
LincolnWay Community Bank
4.030%
5/21/2019
4.000%
at 0.000 pts
30 day lock rate
Est payment: $1,432.25
Fees in APR: $1,085
 
 
30 yr fixed mtg refi Mortgage Loan from Bank of America
Bank of America
300000
Refinance
4.103
4.000
USD
Bank of America
4.103%
5/22/2019
4.000%
at 0.798 pts
60 day lock rate
Est payment: $1,432.25
Fees in APR: $1,289
 
 
30 yr fixed mtg refi Mortgage Loan from Northwest Federal Credit Union
Northwest Federal Credit Union
300000
Refinance
4.169
4.125
USD
Northwest Federal Credit Union
4.169%
5/22/2019
4.125%
at 0.500 pts
45 day lock rate
Est payment: $1,453.95
Fees in APR: $79
 
 
30 yr fixed mtg refi Mortgage Loan from Apple Federal Credit Union
Apple Federal Credit Union
300000
Refinance
4.219
4.125
USD
Apple Federal Credit Union
4.219%
5/22/2019
4.125%
at 1.000 pts
60 day lock rate
Est payment: $1,453.95
Fees in APR: $352
 
 
30 yr fixed mtg refi Mortgage Loan from Santander Bank, N.A.
Santander Bank, N.A.
300000
Refinance
4.432
4.375
USD
Santander Bank, N.A.
4.432%
5/22/2019
4.375%
at 0.000 pts
60 day lock rate
Est payment: $1,497.86
Fees in APR: $2,004
 
 

Mortage Data Provided by Bankrate.com Many lenders have different rates on their own Websites than those posted on Bankrate.com. In order to get the Bankrate.com rate, please identify yourself as a Bankrate.com customer. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the lender you choose, please click here.

The rates above were collected by Bankrate.com on the dates specified. Rates are subject to change without notice and may vary from branch to branch. Rate/APR and terms may vary based on the creditworthiness of the individual and the extent to which the loan differs from the one used for Bankrate.com quotes. For criteria used in surveys of rates above, click here. These quotes are from banks, thrifts, and brokers, some of whom have paid for a link to their own Web site, where you can find additional information.





Jumbo Mortgage Refinance Rates, Current


Current 30 year jumbo refinance mortgage rates are averaging  5.45 percent, an increase from last week's average 30 year jumbo mortgage refinance rate of 5.38 percent.


Today's 15 year jumbo mortgage refinance rates are back above 5.00 percent at 5.01 percent this week, up from an average refinance rate of 4.80 percent last week.


Today's Adjustable Refinance Mortgage Rates


Current 1 year conforming adjustable mortgage refinance rates are averaging 3.78 percent, down from the prior week's average 1 year adjustable refinance rate of 3.82 percent.


Today's 3 year conforming adjustable mortgage refinance rates are averaging 4.52 percent, an increase from last week's average 3 year adjustable refinance rate of 4.35 percent.


Currently, 5 year conventional refinance adjustable mortgage rates are averaging 4.07 percent, an increase from last week's average home loan refinance rate of 3.90 percent. Liberty Bay Credit Union is currently offering 5/1 ARMs at 4.25 percent with no points.


7 year conforming adjustable mortgage refinance loan interest rates are averaging 4.33, unchanged from the previous week's average 7 year adjustable refinance mortgage rate.  


Current 10 year adjustable refinance mortgage interest rates are averaging 4.55 percent, up from an average mortgage refinance home loan rate of 4.49 percent.


Current Jumbo Adjustable Refinance Mortgage Rates


Current 1 year jumbo adjustable mortgage refinance rates are averaging 5.95 percent, unchanged from last week's average 1 year jumbo adjustable refinance rate.


Current 3 year jumbo adjustable refinance rate loans are averaging 4.87 percent, down from an average jumbo home loan refinance rate of 5.05 percent.


Today's 5 year jumbo refinance adjustable loans are averaging 4.46 percent, up from last week's average 5 year refinance mortgage rate of 4.40 percent.


The average 7 year jumbo refinance adjustable rate is at 5.31 percent, up from last week's average refinance loan mortgage rate of 5.14 percent.


Today's 10 year jumbo mortgage refinance rates are averaging 5.63 percent, an increase from last week's average 10 year jumbo mortgage refinance interest rate of 5.56 percent.


 
 
Author: Brian McKay
May 28th, 2010