Current Mortgage Rates: 30 Year Mortgage Rates averaging 4.95%

Current mortgage rates are down again this week over last in our latest mortgage rates survey. 30 year mortgage rates are under 5.00 percent at 4.95 percent. This is the lowest point for 30 year mortgage rates since mid March.

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

10 year U.S. Treasury yields were down last week as investors fled to U.S Treasuries as the European Union and the IMF dealt with the Greek debt crisis. Lower Treasury yields are driving mortgage rates lower. 15 year mortgage rates are currently averaging 4.35 percent, down from the prior week’s average 15 year mortgage rate of 4.42 percent.

Jumbo Mortgage Rates, Current

30 year jumbo mortgage rates are averaging  5.52 percent this week, down from the prior week’s average jumbo rate of 5.54 percent. Jumbo mortgage refinance rates are also averaging 5.52 percent this week.

Current 15 year jumbo mortgage interest rates are once again under 5.00 percent at 4.95 percent, down from the previous week’s average jumbo loan mortgage rate of 5.03 percent. Today's 15 year jumbo mortgage refinance rates are also averaging 4.95 percent this week.

Current Adjustable Mortgage Rates

Average 1 year conforming adjustable mortgage rates are at 3.85 percent, unchanged from the last week’s average 1 year adjustable mortgage interest rate. 1 year conforming refinance rates are averaging 3.85 percent this week.

Today's 3 year conforming adjustable mortgage interest rates are averaging 4.54 percent, an increase from last week’s average home loan mortgage rate of 4.47 percent. Current 3 year refinance mortgage rates are also averaging 4.54 percent.

Current 5 year conforming adjustable mortgage rates are averaging 3.67 percent this week, down from last week’s average home loan interest rate of 3.68 percent. 5 year refinance mortgage rates are also averaging 3.67.

Current 7 year conforming adjustable mortgage rates are averaging 4.16 percent this week, a decrease from an average 7 year loan rate of 4.31 percent.  7 year refinance mortgage loan rates are also averaging 4.16.

10 year conforming ARMs are averaging 4.52 percent, down from last week's average rate of 4.55 percent. 10 year home loan refinance rates are currently averaging 4.52 percent.

Jumbo Adjustable Mortgage Rates

Average 1 year jumbo ARMs are at 5.95 percent, unchanged from last week’s average 1 year jumbo loan rate of 5.95 percent. Average 1 year jumbo refinance rates are also unchanged at 5.95 percent.

Today's 3 year jumbo adjustable mortgage loans are averaging 5.10 percent, a decrease from the prior week’s average jumbo loan mortgage rate of 5.14 percent. Current 3 year home jumbo refinance rates are also averaging 5.10 percent.

Current 5 year jumbo adjustable rates are averaging 4.46 percent, a decrease from an average mortgage rate of 4.51 percent last week. 5 year jumbo refinance rates are averaging 4.46 percent.

Current 7 year jumbo ARMs are averaging 5.26 percent, down from last week’s average loan mortgage rate of 5.48 percent.7 year jumbo refinance rates are also averaging 5.26 percent this week.

10 year jumbo mortgage interest rates are averaging 5.72 percent, down from last week’s average 10 year jumbo mortgage interest rate of 5.76 percent. 10 year jumbo loan refinance rates are down to 5.72 percent this week.

Interest Only Mortgage Rates

Conforming 3 year interest only mortgage rates are averaging 4.78 percent this week, up from last week’s average mortgage interest rate of 4.69%.

Current 5 year interest only home loans are averaging 3.85 percent this week, unchanged from last week’s average five year interest only mortgage rate.

7 year IO home loans are averaging 4.34 percent, down from an average interest rate of 4.49 percent last week.

3 year jumbo IO loans are averaging 5.43 percent this week, unchanged from last week’s average jumbo interest mortgage rate.

Today’s average 5 year jumbo IO loan rate is at 5.14 percent, down from the prior week’s average IO mortgage rate of 5.29 percent.

The average 7 year jumbo IO loan is averaging 5.65 percent this week, down from last week’s average jumbo 7 year rate of 5.84 percent.

Home Equity Loan Rates

10 year home equity loan rates are averaging 7.297 percent, up from last week’s average home equity loan rate of 7.125. 15 year home equity rates are averaging 7.418 percent this week, down from last week’s average home equity rate of 7.431 percent.

Home Equity Line of Credit Rates (HELOC)

Average home equity line of credit rates are averaging 4.777 percent this week, down from last week’s average HELOC rate of 4.806.