Today's 30 year conforming mortgage rates and refinance rates are averaging 4.77 percent, down from yesterday's average 30 year mortgage rate and refinance rate of 4.81 percent. 30 year mortgage rates and refinance rates in Texas are higher than the national average. Today's 30 year mortgage rates and refi in Texas are averaging 4.85 percent.

15 year mortgage rates today and refinancing rates are averaging 4.08 percent, down from yesterday's average 15 year interest rate of 4.14 percent. 15 year mortgage rates and refinance mortgage rates in Pennsylvania are slightly higher than the national average rate. 15 year  refinancing rates and mortgage rates in PA are averaging 4.14 percent.



30 year jumbo rates today are averaging 5.39 percent, up from yesterday's average 30 year jumbo mortgage rate and jumbo refi rate of 5.35 percent. 30 year jumbo mortgage rates and jumbo refinancing rates in Minnesota are higher than the national average jumbo rate. Today's 30 year jumbo MN rates are averaging 5.36 percent.

15 year jumbo mortgage rates today are averaging 4.76 percent, up from yesterday's average mortgage rate and refinance rate of 4.58 percent. 15 year jumbo rates and refi rates in Colorado are lower than the national average. 15 year jumbo CO rates are averaging 4.72 percent.

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

Mortgage Rates Today and Refinance Rates

Today’s 30 year conforming mortgage rates and refinance rates are averaging 4.81 percent, down from last week’s average 30 year mortgage rate and refinance rate of 4.85 percent.

15 year mortgages rates and refinance mortgage rates are averaging 4.14 percent, down from last week when 15 year mortgage rates and refinance rates averaged 4.26 percent.

30 year jumbo rates are averaging 5.35 percent, down from last week’s average jumbo rate of 5.51 percent.

15 year jumbo rates are averaging 4.88 percent, up from the prior week’s average jumbo mortgage loan rate of 4.73 percent.

Today's Conforming Adjustable Mortgage Rates and Conforming Adjustable Refinancing Rates

The current refinancing rate and mortgage rate on 1 year adjustable rates are averaging 3.13 percent, up from last week’s average 1 year adjustable home mortgage refi rate and loan rate of 2.96 percent.

3 year adjustable mortgage refinance rates and adjustable mortgage rates are averaging 3.37 percent, down from last week’s average 3 year adjustable mortgage rate of 3.47 percent.

Current refinance rates and mortgage rates on 5 year adjustable mortgages are averaging 3.24 percent, down from the prior week’s average rate of 3.43 percent.

Today’s refinance mortgage rates and mortgage rates on 7 year adjustable home loans are averaging 3.71 percent, down from the previous week’s average 7 year loan rate of 3.93 percent.

10 year adjustable mortgage loan rates are averaging 4.22 percent this week, down from last week’s average 10 year adjustable rate of 4.46 percent. Current mortgage refinance rates on 10 year home loans are also averaging 4.22 percent.

Adjustable Jumbo Refinance Rates and Jumbo Loan Rates Current

Today 1 year jumbo adjustable loan rates are averaging 3.50 percent, unchanged from the prior week’s average 1 year jumbo adjustable loan rate. Refinance rates on 1 year jumbo loans are also averaging 3.50 percent.

3 year adjustable jumbo rates are averaging 4.52 percent, down from last week’s average 3 year jumbo adjustable rate of 4.60 percent. Current refinance interest rates on 3 year jumbo loans are also lower, averaging 4.52 percent.

5 year adjustable jumbo interest rates today are averaging 3.92 percent, an increase from last week’s average jumbo adjustable rate of 3.81 percent. Today’s refinancing mortgage interest rates are also averaging 3.92 percent.

7 year jumbo adjustable loan rates are averaging 4.58 percent, unchanged from last week’s average 7 year adjustable home loan rate. 7 year jumbo refinance loan rates are also unchanged at 4.58 percent.

10 year jumbo loan rates are averaging 5.28 percent, down from the prior week’s average 10 year jumbo home loan rate of 5.39 percent. 10 year jumbo refinance interest rates are also lower, averaging 5.28 percent.

Conventional Interest Only Adjustable Mortgage Rates Today and Adjustable Interest Only Refinancing Rates

3 year interest only adjustable mortgage loan rates are averaging 3.51 percent, down from last week’s average interest only mortgage loan rate of 3.62 percent. 3 year interest only adjustable refinance mortgage rates are also averaging 3.51 percent.

5 year interest only adjustable loan rates are averaging 3.48 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 loan rates are also averaging 3.48 percent.

7 year interest only adjustable mortgage loan rates are averaging 3.95 percent, down from last week’s average 7 year interest-only mortgage rate of 4.11 percent. 7 year adjustable refi loan rates are averaging 3.95 percent.

Today's Interest Only Jumbo Mortgage Refi Rates and Interest Only Jumbo Mortgage Loan Rates

3 year jumbo interest only adjustable loan rates are averaging 4.78 percent, down from last week’s average jumbo adjustable interest only rate of 4.90 percent. 3 year interest only adjustable jumbo refi rates are also averaging 4.78 percent.

5 year adjustable jumbo interest only rates are averaging 4.31 percent, up from last week’s average IO home mortgage interest rate of 4.28 percent. 5 year jumbo adjustable IO loan rates are also averaging 4.31 percent.

7 year jumbo interest only adjustable rates are averaging 4.90 percent, up from last week’s average jumbo 7 year home loan rate of 4.78 percent. Current 7 year jumbo adjustable interest-only rates are also averaging 4.90  percent.

Today's Home Equity Loan Rates

10 year home equity loan rates are averaging 6.70 percent, up from last week’s average home equity loan rate of 6.67 percent.

15 year home equity rates are averaging 7.02 percent, up from the prior week’s average home equity loan rate of 6.96 percent.

HELOC Rates

Home equity line of credit rates are averaging 5.13 percent, unchanged from last week’s average rate HELOC rate.

Loan Type

Purchase Refinance with Cash out Refinance

State

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District Of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

FICO Score

Superior (780-850) Exceptional (760-779) Excellent (740-759) Very Good (720-739) Good (700-719) Above Average (680-699) Average (660-679) Fair (640-659) Need Improvement (620-639) Poor (350-620)

Loan Amount

$

Points

Up to 0 points Up to 0.5 points Up to 1 points Up to 1.5 points Up to 2 points Up to 2.5 points Up to 3 points

LTV

%

Loan Term

 15-Year Fixed  20-Year Fixed  30-Year Fixed  5-Year ARM  7-Year ARM  10-Year ARM

Mortgage Rates December 11, 2023