The Fed is determined to lower mortgage rates to help the struggling economy and housing market. Current mortgage rates on 30 year mortgages are averaging 4.05%, an increase from yesterday's average 30 year mortgage rate of 4.01%. Average mortgage rates on 15 year conforming mortgages are averaging 3.28%, unchanged from yesterday’s average 15 year mortgage rate. Mortgage rates and refinance mortgage rates will go higher over the weekend since bond yields moved higher. 

Compare mortgage rates from several lenders by using our rate tables here: Mortgage Rates. Unlike most websites, no personal information is needed to view a list of loan rates.

30 year jumbo mortgage rates are averaging 4.58%, an increase from yesterday’s average 30 year jumbo mortgage rate of 4.48%. 15 year jumbo mortgage rates currently are averaging 3.82%, up from yesterday’s average 15 year jumbo mortgage rate of 3.67%.

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

Mortgage Rates Today

Conventional Adjustable Mortgage Rates

1 year adjustable mortgage rates today are averaging 3.62%, unchanged from last week’s average 1 year adjustable jumbo mortgage rate.

3 year adjustable mortgage rates today are averaging 2.93%, up from last week’s average 3 year adjustable mortgage rate of 2.88%.

5 year adjustable mortgage rates are averaging 2.96%, down from the prior week’s average 5 year adjustable rate of 3.29%.

Current 7 year adjustable mortgage rates are averaging 3.24%, up from the previous week’s average 7 year adjustable mortgage rate of 3.10%.

10 year adjustable mortgage rates currently are averaging 3.66%, up from last week’s average 10 year adjustable rate of 3.52%.

Adjustable Jumbo Mortgage Loan Rates 

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

3 year adjustable jumbo rates today are averaging lower at 3.35%, down from last week’s average 3 year jumbo adjustable rate of 3.56%.

5 year adjustable jumbo mortgage rates currently are averaging 3.12%, unchanged from last week’s average jumbo adjustable rate.

7 year jumbo adjustable mortgage loan rates are averaging 3.52%, up from last week’s average 7 year adjustable home loan rate of 3.45%.

10 year jumbo loan rates are averaging 3.93%, down from the prior week’s average 10 year jumbo home mortgage loan rate of 3.95%.

Conforming Interest Only Adjustable Mortgage Rates Today

3 year interest only adjustable mortgage loan rates are averaging 3.13%, down from last week’s average interest only mortgage loan rate of 3.17%.

5 year IO adjustable loan mortgage rates are averaging 3.14%, up from last week’s average five year interest only mortgage rate of 2.95%.

7 year interest only adjustable mortgage interest rates are averaging 3.35%, up from last week’s average 7 year interest-only mortgage interest rate of 3.17%.

Today's Interest Only Jumbo Mortgage Rates

Today’s 3 year jumbo interest only adjustable loan rates are averaging 3.44%, down from last week’s average jumbo adjustable interest only rate of 3.59%.

Current 5 year adjustable jumbo interest only rates are averaging 3.39%,   up from last week’s average IO home mortgage interest rate of 3.32%.

Today’s 7 year jumbo interest only adjustable rates are averaging 3.72%, up from last week’s average jumbo 7 year home mortgage loan rate of 3.69%.

Current Home Equity Loan Rates

10 year home equity loan rates are averaging 6.68%, down from last week’s average home equity loan rate of 6.73%.

15 year home equity rates are averaging 6.72%, up from last week’s average home equity loan rate of 6.62%.

Home Equity Line of Credit Rates Today

Home equity line of credit rates currently are averaging 5.03%, unchanged from last week’s average rate HELOC rate.