Mortgage Rates 9/24: The Twist Will Lower Mortgage Rates, 30 Year Rates at 4.05%
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.
30 yr fixed Mortgage Loan from Northpointe Bank
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300000
Refinance
4.227
4.125
USD
 NMLS # 447490
Thank you for your inquiry!
30 yr fixed Mortgage Loan from Ally Bank
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300000
Refinance
4.354
4.250
USD
 NMLS # 181005
Thanks for the inquiry!
30 yr fixed Mortgage Loan from CF Bank
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300000
Refinance
4.049
4.000
USD
Thanks for the inquiry!
30 yr fixed Mortgage Loan from Sebonic Financial
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300000
Refinance
4.079
3.990
USD
Thank you for your inquiry, we will be in touch shortly.
30 yr fixed Mortgage Loan from CIT Bank
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300000
Refinance
4.784
4.700
USD
Thank you for your inquiry! We look forward to working with you.
30 yr fixed Mortgage Loan from HomeDirect Mortgage
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300000
Refinance
4.267
4.125
USD
 NMLS # 403501
30 yr fixed Mortgage Loan from Citibank, N. A.
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300000
Refinance
4.796
4.750
USD
30 yr fixed Mortgage Loan from Ally Bank
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300000
Refinance
4.512
4.500
USD
 NMLS # 181005
Thanks for the inquiry!
30 yr fixed Mortgage Loan from CF Bank
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300000
Refinance
4.125
4.125
USD
Thanks for the inquiry!
30 yr fixed Mortgage Loan from Sebonic Financial
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300000
Refinance
4.242
4.240
USD
Thank you for your inquiry, we will be in touch shortly.
30 yr fixed Mortgage Loan from HomeDirect Mortgage
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300000
Refinance
4.375
4.375
USD
 NMLS # 403501
30 yr fixed Mortgage Loan from Northpointe Bank
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300000
Refinance
4.250
4.250
USD
 NMLS # 447490
Thank you for your inquiry!
30 yr fixed Mortgage Loan from Better Mortgage Inc
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300000
Refinance
4.069
4.000
USD
 NMLS # 330511 State Lic # ML-330511
Thank you for your quote.
30 yr fixed Mortgage Loan from CF Bank
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300000
Refinance
3.903
3.750
USD
Thanks for the inquiry!
30 yr fixed Mortgage Loan from Sebonic Financial
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300000
Refinance
4.004
3.865
USD
Thank you for your inquiry, we will be in touch shortly.
30 yr fixed Mortgage Loan from CIT Bank
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300000
Refinance
9.489
9.125
USD
Thank you for your inquiry! We look forward to working with you.
30 yr fixed mtg refi Mortgage Loan from The Washington Trust Company
The Washington Trust Company
300000
Refinance
4.280
4.250
USD
The Washington Trust Company
4.250%
at 0.000 pts 30 day lock rate
Est payment: $1,475.82
Fees in APR: $1,083
30 yr fixed mtg refi Mortgage Loan from TD Bank, NA
300000
Refinance
4.405
4.375
USD
4.375%
at 0.000 pts 45 day lock rate
Est payment: $1,497.86
Fees in APR: $1,043
30 yr fixed mtg refi Mortgage Loan from Bank of America
300000
Refinance
4.373
4.250
USD
4.250%
at 0.998 pts 60 day lock rate
Est payment: $1,475.82
Fees in APR: $1,351
30 yr fixed mtg refi Mortgage Loan from First National Bank of Omaha
First National Bank of Omaha
300000
Refinance
4.815
4.750
USD
First National Bank of Omaha
4.750%
at 0.500 pts 60 day lock rate
Est payment: $1,564.94
Fees in APR: $752
30 yr fixed mtg refi Mortgage Loan from LincolnWay Community Bank
LincolnWay Community Bank
300000
Refinance
4.406
4.375
USD
LincolnWay Community Bank
4.375%
at 0.000 pts 30 day lock rate
Est payment: $1,497.86
Fees in APR: $1,085
30 yr fixed mtg refi Mortgage Loan from United Bank
300000
Refinance
4.401
4.375
USD
4.375%
at 0.000 pts 30 day lock rate
Est payment: $1,497.86
Fees in APR: $911
30 yr fixed mtg refi Mortgage Loan from The Guilford Savings Bank
The Guilford Savings Bank
300000
Refinance
4.542
4.500
USD
The Guilford Savings Bank
4.500%
at 0.250 pts 60 day lock rate
Est payment: $1,520.06
Fees in APR: $719
30 yr fixed mtg refi Mortgage Loan from Savings Bank of Danbury
300000
Refinance
4.523
4.500
USD
4.500%
at 0.000 pts 60 day lock rate
Est payment: $1,520.06
Fees in APR: $790
30 yr fixed mtg refi Mortgage Loan from Liberty Bank
300000
Refinance
4.419
4.375
USD
4.375%
at 0.250 pts 60 day lock rate
Est payment: $1,497.86
Fees in APR: $814
30 yr fixed mtg refi Mortgage Loan from Union Savings Bank
300000
Refinance
4.524
4.500
USD
4.500%
at 0.000 pts 60 day lock rate
Est payment: $1,520.06
Fees in APR: $852
30 yr fixed mtg refi Mortgage Loan from Citizens Bank, NA
300000
Refinance
4.550
4.500
USD
4.500%
at 0.250 pts 60 day lock rate
Est payment: $1,520.06
Fees in APR: $998
30 yr fixed mtg refi Mortgage Loan from Santander Bank, N.A.
300000
Refinance
4.683
4.625
USD
4.625%
at 0.000 pts 60 day lock rate
Est payment: $1,542.42
Fees in APR: $2,004
30 yr fixed mtg refi Mortgage Loan from UniBank for Savings
300000
Refinance
4.786
4.750
USD
4.750%
at 0.250 pts 60 day lock rate
Est payment: $1,564.94
Fees in APR: $500
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.
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.
Author: Jason P. Jones
September 24th, 2011
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