Mortgage Rates Above All-Time Low: 30 Year Mortgage Rates at 4.76%, 15 Year Mortgage Rates at 4.21%

Mortgage rates were down again this week over last week. Current 30 year mortgage rates are down for three consecutive weeks and are just above an all-time low. 30 year mortgage rates are averaging 4.76 percent this week, down from the prior week’s average mortgage rate of 4.85 percent. 30 year mortgage rates haven't been this low since late last year when the Federal Reserve was propping up the mortgage market by buying mortgage-backed securities (MBS).

Searching for mortgage rates and mortgage refinance rates? Use our mortgage rates table at MortgageRates.MonitorBankRates.com to find the best mortgage rates. Unlike most websites, no personal information is needed for a list of mortgage rates.

Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
in 23223, 0, 740    Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
PERIOD_FIXED_30YEARS Mortgage Loan from Triangle Lending Group, Inc.
Triangle Lending Group, Inc.
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111795.gif
300000
Purchase
3.652%
3.625%
USD
Triangle Lending Group, Inc. Logo
NMLS # 64446
State Lic # MC-5531
08/23/2019
at 0.000 pts
30 day lock rate
Est payment: $1,369
Fees in APR: $1,012
We offer Conventional - JUMBO- USDA- FHA and VA loan products.
 
PERIOD_FIXED_30YEARS Mortgage Loan from Aurora Financial LLC
Aurora Financial LLC
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111178.gif
300000
Purchase
3.875%
3.875%
USD
Aurora Financial LLC Logo
NMLS # 35959
State Lic # MC-2967
08/23/2019
at 0.000 pts
30 day lock rate
Est payment: $1,411
Fees in APR: None
Direct Lender. A+ BBB Rating! Close in under 3 weeks!. On-Time Closing Guarantee. Free Rate Float Down!
 
PERIOD_FIXED_30YEARS Mortgage Loan from Union Home Mortgage Corp
Union Home Mortgage Corp
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111641.gif
300000
Purchase
3.915%
3.875%
USD
Union Home Mortgage Corp Logo
NMLS # 2229
State Lic # MC-5591
08/23/2019
at 0.000 pts
30 day lock rate
Est payment: $1,411
Fees in APR: $1,450
Our average customers save $3,240.00 a year on their mortgage.
 
PERIOD_FIXED_30YEARS Mortgage Loan from Hamilton National Mortgage Co.
Hamilton National Mortgage Co.
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111277.gif
300000
Purchase
3.625%
3.625%
USD
Hamilton National Mortgage Co. Logo
NMLS # 122701
08/23/2019
at 0.000 pts
30 day lock rate
Est payment: $1,369
Fees in APR: None
Guaranteed on-time closings and Consistently The Lowest Rates Since 1986 !!! No Lender Fees Why Pay More?
 
PERIOD_FIXED_30YEARS Mortgage Loan from Triangle Lending Group, Inc.
Triangle Lending Group, Inc.
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111795.gif
300000
Purchase
3.652%
3.625%
USD
Triangle Lending Group, Inc. Logo
NMLS # 64446
State Lic # MC-5531
08/23/2019
at 0.000 pts
30 day lock rate
Est payment: $1,369
Fees in APR: $1,012
We offer Conventional - JUMBO- USDA- FHA and VA loan products.
 
PERIOD_FIXED_30YEARS Mortgage Loan from Rocket Mortgage
Rocket Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111574.gif
300000
Purchase
4.750%
4.750%
USD
Rocket Mortgage Logo
NMLS # 3030
08/23/2019
at 0.000 pts
45 day lock rate
Est payment: $1,565
Fees in APR: None
From the lender: We can close your loan in less than a month!
 
PERIOD_FIXED_30YEARS Mortgage Loan from Aurora Financial LLC
Aurora Financial LLC
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111178.gif
300000
Purchase
3.875%
3.875%
USD
Aurora Financial LLC Logo
NMLS # 35959
State Lic # MC-2967
08/23/2019
at 0.000 pts
30 day lock rate
Est payment: $1,411
Fees in APR: None
Direct Lender. A+ BBB Rating! Close in under 3 weeks!. On-Time Closing Guarantee. Free Rate Float Down!
 
PERIOD_FIXED_30YEARS Mortgage Loan from AimLoan.com
AimLoan.com
https:https://mortgagerates.icanbuy.com/images/lenderslogos/112335.gif
300000
Purchase
3.750%
3.750%
USD
AimLoan.com Logo
NMLS # 2890
State Lic # MC-3098
08/23/2019
at -0.250 pts
30 day lock rate
Est payment: $1,390
Fees in APR: ($747)
Internet direct lender since 1998. View rates & fees, apply/lock online 24/7
 
PERIOD_FIXED_30YEARS Mortgage Loan from Quicken Loans NMLS #3030
Quicken Loans NMLS #3030
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111724.gif
300000
Purchase
4.500%
4.500%
USD
Quicken Loans NMLS #3030 Logo
NMLS # 3030
08/23/2019
at 0.000 pts
45 day lock rate
Est payment: $1,521
Fees in APR: None
The Better Business Bureau gives Quicken Loans and A+ for customer service.
 

Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.






Mortgage rates have been heading lower the past couple of weeks because of the markets concern about the European government debt crisis. Since the problems began a few weeks ago bond yields and mortgage rates have headed lower. Although mortgage rates are low right now, rates will head higher very soon. St. Louis Federal Reserve Bank President, James Bullard said this past Monday that the debt crisis in Europe is unlikely to derail the global economic recovery.

Current Mortgage Rates


30 year fixed mortgage rates are averaging 4.76 percent, down from last week’s average 30 year mortgage interest rate of 4.85 percent. Today's 30 year mortgage refinancing rates are also down, averaging 4.75 percent.

Current 15 year mortgage rates are down to 4.21 percent, down from an average 15 year mortgage rate of 4.27 percent. The current average 15 year home mortgage refinance rate is also 4.21 percent.

Jumbo Mortgage Rates, Current


Current 30 year jumbo mortgage rates are averaging 5.36 percent, down from an average jumbo mortgage rate of 5.49 percent. Current 30 year jumbo refinance rates are lower this week averaging in at 5.36 percent.

Current 15 year fixed jumbo mortgage rates are averaging 4.81 percent, a decline from an average jumbo mortgage loan rate of 4.92 percent. Today's 15 year jumbo refinance mortgage loans are also lower averaging 4.81 percent.

Today's Adjustable Mortgage Rates


Today's 1 year conforming adjustable mortgage interest rates are averaging 3.71 percent, down from an average 1 year adjustable interest mortgage rate of 3.73 percent last week. Current 1 year adjustable refinance mortgage interest rates are averaging 3.71 percent.

The current average 3 year conforming adjustable mortgage rate is averaging 4.32 percent, up from an average mortgage rate of 4.29 percent last week. Current 3 year refinance mortgage interest rates are also up this week averaging 4.32 percent.

5 year conforming adjustable mortgage interest rates are averaging 3.75 percent, up from an average home mortgage interest rate of 3.73 percent. 5 year refinance home mortgage rates are averaging 3.75 percent.

7 year conforming adjustable mortgage rates are averaging 4.15 percent, down from last week’s average 7 year  mortgage home interest rate of 4.21 percent. 7 year mortgage refinance rates were also down to 4.15 percent this week.

10 year conforming adjustable  mortgage rates are averaging 4.45 percent, up from an average 10 year home mortgage rate of 4.41 percent last week. 10 year home loan mortgage refinance rates are averaging 4.45 percent.

Jumbo Adjustable Home Mortgage Rates


1 year jumbo adjustable mortgage rates are averaging 5.95 percent, unchanged from last week’s average 1 year adjustable jumbo mortgage rate. 1 year jumbo refinance mortgage rates are also averaging 5.95 percent.

3 year jumbo adjustable mortgage rates today are averaging 4.94 percent, down from an average jumbo mortgage rate of 5.00 percent last week. 3 year jumbo mortgage refinance rates are up to 4.94 percent.

5 year jumbo adjustable mortgage interest rates are averaging 4.24 percent, a decline from last week’s average home mortgage rate of 4.40 percent. 5 year jumbo home refinance loan rates are averaging 4.24 percent.

7 year jumbo adjustable mortgage rates are averaging 4.98 percent, down from last week’s average 7 year home loan rate of 5.26 percent. 7 year jumbo refinance rates are also down to 4.98 percent.

10 year jumbo home mortgage rates today are averaging 5.58 percent, down from an average 10 year jumbo home mortgage rate of 5.65 percent last week. 10 year jumbo home loan refinance rates are also averaging 5.58 percent this week.

Interest Only Mortgage Rates


3 year interest only conforming mortgage rates are averaging 4.51 percent,up from last week’s average IO home mortgage rate of 4.43 percent.

5 year conventional interest only mortgage loans today are averaging 4.88 percent, up from last week’s average five year interest only mortgage  rate of 4.84 percent.

7 year IO home mortgage rates are averaging 4.27 percent, down from an average mortgage rate of 4.35 percent last week.

Jumbo Interest Only Mortgage Rates


The average 3 year jumbo interest only mortgage rates are averaging 5.51 percent this week, up from an average jumbo interest mortgage rate of 5.47 percent last week.

The current average 5 year jumbo IO loan home mortgage rates are averaging 4.82 percent, down from an average IO home mortgage rate of 5.01 percent.

Today’s 7 year jumbo IO home mortgage loans are averaging 5.30 percent, down from an average jumbo 7 year home mortgage rate of 5.51 percent.

Home Equity Loan Rates


10 year home equity loan rates are averaging 7.139 percent, a decrease from last week’s average home equity loan rate of 7.255 percent.

15 year home equity rates are averaging 7.446 percent this week, up from last week’s average home equity rate of 7.416.

Home Equity Line of Credit Rates (HELOC)


The current average home equity line of credit rates are averaging 4.777 percent this week, unchanged from last week’s average HELOC rate.
 
 
Author: Brian McKay
June 17th, 2010
Posted in: Mortgage Rates