Refinance Rates: Today’s Refinance Rates Decline, 15 Year Rates at 3.43%

Refinance rates continue to decline revisiting lows of this week. Today's refinance rates on 30 year conforming mortgages are averaging 4.12%, down from yesterday's average 30 year refinance rate of 4.16%. Refinance rates today on 15 year conforming mortgages also declined and are averaging 3.43%, down from yesterday's average 15 year refinance rate of 3.46%.

Search and compare refinance rates from from multiple lenders by using our refinance rate tables here: Refinance Rates. Unlike most websites, no personal information is needed to view a list of refinance rates.




Jumbo refinance rates current on 30 year jumbo mortgages are averaging 4.53%, down from yesterday's 30 year jumbo refinancing rate of 4.54%. 15 year jumbo refinance rates today are averaging 3.78%, down from yesterday's average 15 year jumbo refi rate of 3.79%. Use a mortgage calculator to figure out if you can afford to refinance to a 15 year loan.

Refinance Rates


Conforming Adjustable – Refinance Rates Current


1 year adjustable refinance rates today are averaging 3.77%, up from last week’s average 1 year adjustable jumbo refinance rate of 3.75%.

3 year adjustable refinance rates current are averaging 2.74%, down from last week’s average 3 year adjustable refinance rate of 2.75%.

5 year adjustable refinancing rates are averaging 2.82%, a decrease from the prior week’s average 5 year adjustable refinance rate of 3.06%.

Current 7 year adjustable refi rates are averaging 3.12%, up from the previous week’s average 7 year adjustable refinancing  rate of 3.11%.

10 year adjustable refi rates currently are averaging 3.60%, down from last week’s average 10 year adjustable rate of 3.58%.

Adjustable Jumbo - Current Refinance Rates


Current 1 year jumbo adjustable refinance rates are at 4.05%, unchanged from last week’s average adjustable jumbo refinance rate.

3 year adjustable jumbo refinance rates today are averaging lower at 3.49%, down from last week’s average 3 year jumbo adjustable refinance rate of 3.56%.

5 year adjustable jumbo refinance rates currently are averaging 3.02%, unchanged last week’s average jumbo adjustable refinance loans rate.

7 year jumbo adjustable refinance home loan rates today are averaging 3.57%, down from last week’s average 7 year adjustable refinance home rate of 3.66%.

10 year jumbo home refinance rates are averaging 3.96%, down from the prior week’s average 10 year jumbo refinance rates of 3.97%.

Adjustable Interest Only Conforming Adjustable – Refinance Rates Today


3 year interest only adjustable refinance rates and are averaging 3.15%, an increase from last week’s average interest only refinance rate of 3.11%.

5 year IO adjustable loan refinance rates today are averaging 3.18%, down from last week’s average five year interest only  home refinance rate of 3.24%.

7 year interest only adjustable loan refinance rates are averaging 3.54%, an increase from last week’s average 7 year interest-only refinance rates of 3.45%.

Adjustable Interest Only Jumbo – Today's Refinance Rates


Today’s 3 year jumbo refinancing rates are averaging 3.67%, down from last week’s average jumbo adjustable interest only refinance rate of 3.78%.

Current 5 year adjustable jumbo interest only refinance rates are averaging 3.44%, down from last week’s average IO home refinance rate of 3.53%.

Today’s 7 year jumbo interest only adjustable refinance rates are averaging 3.79%, down from last week’s average jumbo 7 year home refinance loan rate of 3.88%.

 
 
Author: Jason P. Jones
October 27th, 2011