Mortgage Rates at lowest Level This Year: 30 Year Mortgage Rates at 4.93%

Mortgage rates were down again in the latest Primary Mortgage Market Survey released by Freddie Mac. Fixed conforming 30 year mortgage rates are down to 4.93 percent for the week ending May 13, 2010. Mortgage rates have gone lower for five consecutive weeks. Mortgage discount points on 30 year mortgages averaged 0.7 points.

Looking for today's mortgage rates and mortgage refinance rates? Use our mortgage rate tables at  MortgageRates.MonitorBankRates.com to find current mortgage rates and refinance rates.

Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
30 yr fixed refi in 23223, All points, Credit score: 740+     Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
30 yr fixed Mortgage Loan from Ally Bank
Ally Bank
https://www.brimg.net/system/img/inst/10271_logo.gif
300000
Refinance
4.608
4.500
USD
Ally Bank Logo
NMLS # 181005
(877) 260 - 8762
at 0.100 pts
45 day lock rate
Est payment: $1,520.06
Fees in APR: $3,460
Thanks for the inquiry! 
 
30 yr fixed Mortgage Loan from Sol Mortgage
Sol Mortgage
https://www.brimg.net/system/img/inst/10262_logo.gif
300000
Refinance
9.282
9.125
USD
Sol Mortgage Logo
NMLS # 53112
at 0.100 pts
30 day lock rate
Est payment: $2,440.90
Fees in APR: $3,838
Thanks for the inquiry! 
 
30 yr fixed Mortgage Loan from CIT Bank
CIT Bank
https://www.brimg.net/system/img/inst/10026_logo.gif
300000
Refinance
9.277
9.125
USD
CIT Bank Logo
NMLS # 541760
at 0.100 pts
45 day lock rate
Est payment: $2,440.90
Fees in APR: $3,690
Thank you for your inquiry! We look forward to working with you. 
 
30 yr fixed Mortgage Loan from ConsumerDirect Mortgage, a division of First Bank
ConsumerDirect Mortgage, a division of First Bank
https://www.brimg.net/system/img/inst/8087_logo.gif
300000
Refinance
4.292
4.125
USD
ConsumerDirect Mortgage, a division of First Bank Logo
NMLS # 472433
at 1.000 pts
30 day lock rate
Est payment: $1,453.95
Fees in APR: $2,914
 
30 yr fixed Mortgage Loan from HomeDirect Mortgage
HomeDirect Mortgage
https://www.brimg.net/system/img/inst/10447_logo.gif
300000
Refinance
4.416
4.250
USD
HomeDirect Mortgage Logo
NMLS # 403501
at 1.000 pts
30 day lock rate
Est payment: $1,475.82
Fees in APR: $2,841
 
 
30 yr fixed Mortgage Loan from AimLoan.com
AimLoan.com
https://www.brimg.net/system/img/inst/1739_logo.gif
300000
Refinance
4.209
4.125
USD
AimLoan.com Logo
NMLS # 2890
State Lic # MC-3098
(844) 365 - 0703
at 0.100 pts
30 day lock rate
Est payment: $1,453.95
Fees in APR: $2,708
 
 
30 yr fixed Mortgage Loan from ConsumerDirect Mortgage, a division of First Bank
ConsumerDirect Mortgage, a division of First Bank
https://www.brimg.net/system/img/inst/8087_logo.gif
300000
Refinance
4.394
4.375
USD
ConsumerDirect Mortgage, a division of First Bank Logo
NMLS # 472433
at 0.000 pts
30 day lock rate
Est payment: $1,497.86
Fees in APR: $675
 
30 yr fixed Mortgage Loan from Sol Mortgage
Sol Mortgage
https://www.brimg.net/system/img/inst/10262_logo.gif
300000
Refinance
4.460
4.460
USD
Sol Mortgage Logo
NMLS # 53112
at 0.000 pts
30 day lock rate
Est payment: $1,512.93
Fees in APR: None
Thanks for the inquiry! 
 
30 yr fixed Mortgage Loan from AimLoan.com
AimLoan.com
https://www.brimg.net/system/img/inst/1739_logo.gif
300000
Refinance
4.375
4.375
USD
AimLoan.com Logo
NMLS # 2890
State Lic # MC-3098
(844) 365 - 0703
at 0.000 pts
30 day lock rate
Est payment: $1,497.86
Fees in APR: None
 
 
30 yr fixed Mortgage Loan from HomeDirect Mortgage
HomeDirect Mortgage
https://www.brimg.net/system/img/inst/10447_logo.gif
300000
Refinance
4.500
4.500
USD
HomeDirect Mortgage Logo
NMLS # 403501
at 0.000 pts
30 day lock rate
Est payment: $1,520.06
Fees in APR: None
 
 
30 yr fixed Mortgage Loan from Ally Bank
Ally Bank
https://www.brimg.net/system/img/inst/10271_logo.gif
300000
Refinance
4.772
4.750
USD
Ally Bank Logo
NMLS # 181005
(877) 260 - 8762
at 0.000 pts
45 day lock rate
Est payment: $1,564.94
Fees in APR: $749
Thanks for the inquiry! 
 
30 yr fixed Mortgage Loan from LoanLock
LoanLock
https://www.brimg.net/system/img/inst/9948_logo.gif
300000
Refinance
4.250
4.250
USD
LoanLock Logo
NMLS # 237507
(877) 387 - 2804
at 0.000 pts
30 day lock rate
Est payment: $1,475.82
Fees in APR: None
 
 
30 yr fixed Mortgage Loan from Citibank, N. A.
Citibank, N. A.
https://www.brimg.net/system/img/inst/8189_logo.gif
300000
Refinance
4.672
4.625
USD
Citibank, N. A. Logo
NMLS # 412915
(877) 387 - 1820
at 0.000 pts
60 day lock rate
Est payment: $1,542.42
Fees in APR: $1,635
 
 
30 yr fixed Mortgage Loan from CIT Bank
CIT Bank
https://www.brimg.net/system/img/inst/10026_logo.gif
300000
Refinance
9.490
9.125
USD
CIT Bank Logo
NMLS # 541760
at 1.100 pts
45 day lock rate
Est payment: $2,440.90
Fees in APR: $6,162
Thank you for your inquiry! We look forward to working with you. 
 
30 yr fixed Mortgage Loan from AimLoan.com
AimLoan.com
https://www.brimg.net/system/img/inst/1739_logo.gif
300000
Refinance
4.069
3.875
USD
AimLoan.com Logo
NMLS # 2890
State Lic # MC-3098
(844) 365 - 0703
at 1.100 pts
30 day lock rate
Est payment: $1,410.71
Fees in APR: $3,644
 
 
30 yr fixed Mortgage Loan from Sol Mortgage
Sol Mortgage
https://www.brimg.net/system/img/inst/10262_logo.gif
300000
Refinance
9.461
9.125
USD
Sol Mortgage Logo
NMLS # 53112
at 1.100 pts
30 day lock rate
Est payment: $2,440.90
Fees in APR: $5,430
Thanks for the inquiry! 
 
30 yr fixed mtg refi Mortgage Loan from Bank of Oak Ridge
Bank of Oak Ridge
300000
Refinance
4.420
4.375
USD
Bank of Oak Ridge
4.420%
1/17/2019
4.375%
at 0.250 pts
60 day lock rate
Est payment: $1,497.86
Fees in APR: $853
 
 
30 yr fixed mtg refi Mortgage Loan from Northwest Federal Credit Union
Northwest Federal Credit Union
300000
Refinance
4.692
4.625
USD
Northwest Federal Credit Union
4.692%
1/17/2019
4.625%
at 0.750 pts
45 day lock rate
Est payment: $1,542.42
Fees in APR: $79
 
 
30 yr fixed mtg refi Mortgage Loan from Bank of America
Bank of America
300000
Refinance
4.341
4.250
USD
Bank of America
4.341%
1/16/2019
4.250%
at 0.644 pts
60 day lock rate
Est payment: $1,475.82
Fees in APR: $1,289
 
 
30 yr fixed mtg refi Mortgage Loan from Apple Federal Credit Union
Apple Federal Credit Union
300000
Refinance
4.596
4.500
USD
Apple Federal Credit Union
4.596%
1/16/2019
4.500%
at 1.000 pts
60 day lock rate
Est payment: $1,520.06
Fees in APR: $352
 
 
30 yr fixed mtg refi Mortgage Loan from Citizens Bank, NA
Citizens Bank, NA
300000
Refinance
4.687
4.625
USD
Citizens Bank, NA
4.687%
1/18/2019
4.625%
at 0.250 pts
60 day lock rate
Est payment: $1,542.42
Fees in APR: $1,408
 
 
30 yr fixed mtg refi Mortgage Loan from State Department Federal Credit Union
State Department Federal Credit Union
300000
Refinance
4.557
4.500
USD
State Department Federal Credit Union
4.557%
1/21/2019
4.500%
at 0.000 pts
60 day lock rate
Est payment: $1,520.06
Fees in APR: $2,000
 
 
30 yr fixed mtg refi Mortgage Loan from Virginia Credit Union
Virginia Credit Union
300000
Refinance
4.579
4.500
USD
Virginia Credit Union
4.579%
1/22/2019
4.500%
at 0.375 pts
45 day lock rate
Est payment: $1,520.06
Fees in APR: $1,650
 
 
30 yr fixed mtg refi Mortgage Loan from Santander Bank, N.A.
Santander Bank, N.A.
300000
Refinance
4.683
4.625
USD
Santander Bank, N.A.
4.683%
1/22/2019
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 Fulton Bank, NA
Fulton Bank, NA
300000
Refinance
4.779
4.750
USD
Fulton Bank, NA
4.779%
1/22/2019
4.750%
at 0.000 pts
60 day lock rate
Est payment: $1,564.94
Fees in APR: $1,007
 
 
30 yr fixed mtg refi Mortgage Loan from Raymond James Bank, NA
Raymond James Bank, NA
300000
Refinance
4.788
4.750
USD
Raymond James Bank, NA
4.788%
1/22/2019
4.750%
at 0.000 pts
45 day lock rate
Est payment: $1,564.94
Fees in APR: $1,299
 
 
30 yr fixed mtg refi Mortgage Loan from LincolnWay Community Bank
LincolnWay Community Bank
300000
Refinance
4.406
4.375
USD
LincolnWay Community Bank
4.406%
1/22/2019
4.375%
at 0.000 pts
30 day lock rate
Est payment: $1,497.86
Fees in APR: $1,085
 
 

Mortage Data Provided by Bankrate.com 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.






Right now Bank of America is offering 30 year mortgage refinance rates at 4.875 percent with 1.625 points on our mortgage rate tables.

Fixed conforming 15 year mortgage rates are down to 4.30 percent for the week ending May 13, 2010, down from the previous week's average 15 year mortgage rate of 4.36 percent. Mortgage discount points were unchanged at 0.7 points.

5 year U.S. Treasury indexed adjustable mortgage rates were down to 3.95 percent for the week ending May 13, 2010, a decline from last week's average 5 year adjustable mortgage rate of 3.97 percent. Mortgage discount points averaged 0.6 points.

1 year adjustable mortgage rates were down to 4.02 percent for the week ending May 13, 2010, down from the previous week's average rate of 4.07 percent.  Mortgage points averaged o.6 points.

The following is a more extensive current mortgage rate report released by MonitorBankRates.com on Monday:

Current Mortgage Rates


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

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

Adjustable Mortgage Rates, Current


Current 1 year conforming adjustable mortgage rates are averaging 3.85 percent, unchanged from the prior week’s average 1 year adjustable mortgage rate. Two weeks ago 1 year adjustable rate mortgages were averaging 4.67 percent.

Current 3 year conforming adjustable mortgage rates are averaging 4.54 percent, up from last week’s average home loan rate of 4.47 percent. 3 year refinance mortgage rates are also averaging 4.54 percent this week.

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

7 year conforming adjustable rates are averaging 4.16 percent this week, down from an average 7 year loan interest rate of 4.31 percent. Today, 7 year refinance mortgage loan rates are also averaging 4.16 percent this week.

Current conforming 10 year adjustable loan rates are averaging 4.52 percent, down from last week’s average mortgage interest rate of 4.55 percent. 10 year home loan refinance rates are currently averaging 4.52 percent.

Today’s Jumbo Adjustable Mortgage Rates


Current 1 year jumbo ARMs are averaging in at 5.95 percent, unchanged from the prior week’s average 1 year jumbo loan rate of 5.59 percent. Current 1 year jumbo refinance rates are also unchanged at 5.95 percent.

Current 3 year jumbo adjustable loans are averaging 5.10 percent, down from last week’s average jumbo home loan rate of 5.14 percent. 3 year home jumbo refinance rates are also averaging 5.10 percent.

5 year jumbo ARMs are averaging 4.46 percent, down from an average mortgage rate of 4.51 percent. Current 5 year jumbo refinance loan rates are averaging 4.46 percent.

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

Average 10 year jumbo mortgage interest rates are at 5.72 percent, down from the previous week’s average 10 year jumbo mortgage rate of 5.76 percent. 10 year jumbo loan refinance rates are also down to 5.72 percent this week.

Interest Only Mortgage Rates, Current


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.
 
 
Author: Brian McKay
May 14th, 2010
Posted in: Mortgage Rates