Mortgage Rates at Lowest Point in History: 30 Year Mortgage Rates at 3.94%
Mortgage rates have just made another history low this week in the most recent
mortgage rate survey released this morning. 30 year mortgage rates are now averaging 3.94%, down from last week's average 30 year mortgage rate of 4.01%. 15 year
mortgage rates are also lower in this week's survey. Current 15 year mortgage rates are averaging 3.26%, down from last week's average 15 year mortgage rate of 3.28%. This is the low point ever for 30 year rates in Freddie Mac's Primary Mortgage Market Survey.
You can search and compare today's mortgage rates by searching our rate tables here: Mortgage Rates. Unlike most websites no personal information is needed to display a list of rates.
Adjustable mortgage rates are mixed in this week's survey. 5 year adjustable mortgage rates are now under 3.00% averaging 2.96%. 5 year adjustable rates are lower from last week's average of 3.02%. 1 year adjustable mortgage rates are higher this week averaging 2.95%, up from last week's average 1 year adjustable rate of 2.83%. Shorter term rates are higher courtesy of the "twist" from the Fed. The twist is a term for the Fed's program of driving shorter term interest rates higher and longer term interest rates lower.
Following is a more in-depth mortgage rate report released by Monitor Bank Rates this past Monday:
Mortgage Rates
Conforming Adjustable Mortgage Interest Rates
1 year adjustable mortgage rates today are averaging 3.65%, up from last week’s average 1 year adjustable jumbo mortgage rate of 3.63%.
3 year adjustable mortgage rates today are averaging 2.97%, down from last week’s average 3 year adjustable mortgage rate of 3.18%.
5 year adjustable mortgage rates are averaging 2.99%, down from the prior week’s average 5 year adjustable rate of 3.25%.
Current 7 year adjustable mortgage rates are averaging 3.30%, up from the previous week’s average 7 year adjustable mortgage rate of 3.24%.
10 year adjustable mortgage rates currently are averaging 3.59%, an increase from last week’s average 10 year adjustable rate of 3.55%.
Adjustable Jumbo Mortgage 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 3.55%, up from last week’s average 3 year jumbo adjustable rate of 3.39%.
5 year adjustable jumbo mortgage rates and refinance rates currently are averaging 3.21%, up from last week’s average jumbo adjustable rate of 3.10%.
7 year jumbo adjustable mortgage rates and refinance rates today are averaging 3.54%, up from last week’s average 7 year adjustable home loan rate of 3.42%.
10 year jumbo loan rates and refi rates are averaging 3.89%, down from the prior week’s average 10 year jumbo home mortgage loan rate of 3.94%.
Conventional Interest Only Adjustable Mortgage Rates Current
3 year interest only adjustable mortgage loan rates and refinancing rates are averaging 3.21%, up from last week’s average interest only mortgage loan rate of 3.43%.
5 year IO adjustable loan mortgage rates and mortgage refinance rates are averaging 3.23%, up from last week’s average five year interest only mortgage rate of 3.18%.
7 year interest only adjustable mortgage rates and refinance rates are averaging 3.49%, up from last week’s average 7 year interest-only mortgage interest rate of 3.36%.
Today's Interest Only Jumbo Mortgage Rates
Today’s 3 year jumbo interest only adjustable loan rates are averaging 3.76%, up from last week’s average jumbo adjustable interest only rate of 3.54%.
Current 5 year adjustable jumbo interest only rates are averaging 3.46%, down from last week’s average IO home mortgage interest rate of 3.47%.
Today’s 7 year jumbo interest only adjustable rates are averaging 3.73%, up from last week’s average jumbo 7 year home mortgage loan rate of 3.67%.
Home Equity Loan Rates Currently
10 year home equity loan rates are averaging 6.60%, down from last week’s average home equity loan rate of 6.66%.
15 year home equity rates are averaging 6.58%, down from last week’s average home equity loan rate of 6.64%.
HELOC Rates Today
Home equity line of credit rates currently are averaging 5.00%, down from last week’s average rate HELOC rate of 5.03%.
The lenders whose rates and other terms appear on this chart are ICBs advertising partners they provide their rate information to our data partner RateUpdatecom Unless adjusted by the consumer advertisers are sorted by APR lowest to highest For any advertising partners that do not provide their rate they are listed in advertisement display units at the bottom of the chart Advertising partners may not pay to improve the frequency priority or prominence of their display The interest rates annual percentage rates and other terms advertised here are estimates provided by those advertising partners based on the information you entered above and do not bind any lender Monthly payment amounts stated do not include amounts for taxes and insurance premiums The actual payment obligation will be greater if taxes and insurance are included Although our data partner RateUpdatecom collects the information from the financial institutions themselves the accuracy of the data cannot be guaranteed Rates may change without notice and can change intraday Some of the information contained in the rate tables including but not limited to special marketing notes is provided directly by the lenders Please verify the rates and offers before applying for a loan with the financial institution themselves No rate is binding until locked by a lender
6.397%
15-Year Fixed
6.250%
$3,752
Includes 0.938 points for $3,752
Lender Fees: $0
7.319%
30-Year Fixed
7.250%
$2,752
Includes 0.688 points for $2,752
Lender Fees: $0
Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes or insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details.
Mortgage Rates November 28, 2023
30-Year Fixed FHA
7.250%
9.002%
0.000
30-Year Fixed
8.375%
8.498%
0.000
30-Year Fixed
8.250%
8.411%
0.000
5/6M SOFR ARM
8.250%
8.361%
0.000
20-Year Fixed
8.150%
8.354%
0.000
5Y/6M ARM
8.000%
8.348%
0.991
10Y/6M ARM
8.000%
8.295%
0.812
5-Year ARM FHA
6.625%
8.277%
2.000
1-Year ARM
6.750%
8.270%
0.000
5-Year Jumbo ARM
6.125%
8.242%
2.000
5-Year ARM
6.500%
8.213%
2.000
7Y/6M ARM
7.750%
8.176%
0.842
10-Year ARM
8.000%
8.174%
0.000
5/1 ARM
7.500%
8.051%
0.950
30-Year Fixed
8.000%
8.000%
0.000
10/1 Jumbo ARM
7.625%
7.975%
0.990
7-Year ARM
7.500%
7.959%
0.000
30-Year Fixed
7.875%
7.957%
0.250
15-Year Fixed VA
6.750%
7.929%
2.000
15-Year Fixed FHA
6.750%
7.929%
2.000
30-Year Fixed FHA
6.990%
7.913%
2.000
30-Year Jumbo Fixed
7.750%
7.911%
1.000
30-Year Fixed FHA
6.990%
7.907%
2.000
20-Year Fixed
7.625%
7.906%
0.512
30 Year Fixed
7.625%
7.891%
0.958
5/6 ARM
7.625%
7.884%
0.000
30-Year Fixed
7.750%
7.833%
0.000
7/1 ARM
7.250%
7.815%
0.715
5/1 Jumbo ARM
6.875%
7.764%
0.700
30-Year Fixed Jumbo
7.750%
7.760%
0.000
20-Year Fixed
7.500%
7.747%
0.000
15-Year Fixed
7.500%
7.746%
0.000
30-Year Fixed
7.625%
7.740%
0.000
20-Year Fixed
7.500%
7.735%
1.000
30-Year Fixed
7.375%
7.725%
2.125
5/6 Month ARM
6.750%
7.710%
1.000
5/1 ARM Jumbo
7.000%
7.705%
0.000
30-Year Fixed Jumbo
7.250%
7.700%
0.500
5/6 ARM
6.750%
7.700%
0.500
30-Year Fixed
7.500%
7.691%
0.000
15-Year Fixed
7.500%
7.682%
0.000
30-Year Fixed
7.500%
7.682%
1.000
30-Year Fixed
7.625%
7.669%
0.000
5/1 ARM
6.875%
7.668%
0.000
5/6 ARM Jumbo
6.750%
7.640%
0.500
10/6 ARM
7.250%
7.640%
0.000
7/6 ARM
7.000%
7.632%
0.000
7/6 Month ARM
7.000%
7.627%
1.000
15-Year Fixed
7.625%
7.625%
0.000
3-Year ARM
7.000%
7.605%
0.000
5-Year ARM
7.250%
7.600%
0.000
10-Year Fixed
7.250%
7.591%
0.000
7/6-Month ARM
6.750%
7.591%
1.000
7/1 ARM
7.000%
7.577%
0.000
30-Year Fixed
7.500%
7.577%
0.000
30-Year Fixed FHA
6.750%
7.572%
1.000
7/1 ARM Jumbo
6.999%
7.570%
0.000
10/6 ARM
7.125%
7.560%
0.500
15-Year Fixed
7.375%
7.558%
0.000
30-Year Fixed
7.375%
7.524%
1.000
10-Year Fixed
7.125%
7.524%
1.000
7/6 ARM
6.750%
7.520%
0.500
30-Year Fixed
7.250%
7.520%
0.955
30-Year Fixed
7.500%
7.514%
0.000
30-Year Fixed
7.500%
7.512%
0.000
15-Year Fixed
7.375%
7.505%
0.000
30-Year Fixed
7.350%
7.500%
0.750
10/6 ARM Jumbo
7.125%
7.500%
0.500
30-Year Fixed
7.125%
7.489%
2.000
15-Year Fixed
7.250%
7.480%
0.000
30-Year Fixed
7.375%
7.462%
0.000
20-Year Fixed Jumbo
7.250%
7.462%
0.740
7/6 ARM Jumbo
6.750%
7.460%
0.500
15-Year Fixed
7.375%
7.444%
0.000
30-Year Fixed
3.375%
7.442%
0.000
10/1 ARM
6.875%
7.439%
0.740
30-Year Fixed FHA
6.750%
7.436%
2.000
30-Year Fixed VA
6.750%
7.436%
2.000
7/6-Month ARM Jumbo
6.625%
7.430%
1.000
30-Year Fixed VA
6.875%
7.427%
2.000
30-Year Fixed
7.375%
7.424%
0.000
7/1 Jumbo ARM
6.500%
7.406%
0.590
30-Year Fixed
7.250%
7.393%
0.000
30-Year Fixed
7.250%
7.385%
0.000
30-Year Fixed
7.300%
7.381%
0.000
15-Year Fixed
7.350%
7.379%
0.000
5/1 ARM
6.125%
7.371%
0.000
30-Year Fixed
7.250%
7.361%
0.000
20-Year Fixed
7.250%
7.354%
0.000
30-Year Fixed
7.250%
7.343%
1.000
30-Year Fixed
7.125%
7.334%
1.000
30-Year Fixed
7.250%
7.322%
0.000
30-year Fixed
7.250%
7.320%
0.500
30-Year Fixed
7.125%
7.316%
0.000
30-Year Fixed
6.990%
7.310%
2.125
30-Year Fixed Jumbo
7.250%
7.298%
0.000
30-Year Fixed Jumbo
7.125%
7.279%
0.665
10/6 Interest Only Jumbo ARM
6.750%
7.276%
1.000
15-Year Fixed Jumbo
7.125%
7.270%
0.500
20-Year Fixed Jumbo
7.125%
7.260%
0.500
20-Year Fixed
6.875%
7.256%
1.875
5/1 ARM
5.500%
7.250%
0.000
15-Year Fixed
7.125%
7.246%
0.000
15-Year Fixed
7.125%
7.240%
0.500
30-Year Fixed
7.000%
7.224%
1.000
15-Year Fixed
7.000%
7.220%
1.000
15-Year Fixed
7.000%
7.215%
0.000
15-Year Fixed
6.875%
7.215%
1.000
30-Year Fixed
7.000%
7.204%
1.000
30-Year Fixed
7.125%
7.197%
0.000
15-Year Fixed
7.000%
7.188%
0.625
10-Year Fixed
6.875%
7.187%
0.000
7/1 ARM
7.000%
7.186%
0.000
20-Year Fixed
7.000%
7.181%
0.000
15-Year Fixed Jumbo
6.875%
7.165%
0.925
10-Year Fixed
7.000%
7.160%
0.500
30-Year Fixed
6.990%
7.145%
0.688
20-Year Fixed
7.125%
7.141%
0.000
20-Year Fixed
7.000%
7.139%
0.000
15-Year Fixed
6.625%
7.099%
0.955
15-Year Fixed
6.875%
7.098%
0.000
15-Year Fixed
6.875%
7.092%
0.875
20-Year Fixed
7.000%
7.092%
0.000
15-Year Fixed
6.750%
7.084%
1.000
30-Year Fixed
7.000%
7.070%
0.000
15-Year Fixed
6.990%
7.067%
0.000
15-Year Fixed
7.000%
7.054%
0.000
15-Year Fixed
6.750%
7.029%
1.000
30-Year Fixed
6.875%
7.020%
1.000
15-Year Fixed
6.875%
7.013%
0.000
15-Year Fixed
6.875%
6.997%
0.000
30-Year Fixed
6.875%
6.988%
0.000
15-Year Fixed
6.750%
6.984%
1.000
5-Year ARM
6.750%
6.983%
0.000
20-Year Fixed
6.875%
6.970%
0.500
15-Year Fixed
6.375%
6.961%
2.125
30-Year Fixed
6.625%
6.944%
2.000
15 Year Fixed Jumbo
6.750%
6.943%
1.000
30-Year Fixed
6.740%
6.924%
0.000
15-Year Fixed
6.750%
6.917%
0.000
15 Year Fixed
6.500%
6.889%
0.844
15-Year Fixed
6.375%
6.871%
2.000
30-Year Fixed Jumbo
6.625%
6.869%
2.000
30 Year Jumbo Fixed
6.625%
6.869%
2.000
15-Year Fixed
6.750%
6.865%
0.000
30-Year Fixed Jumbo
6.625%
6.856%
1.250
30 Year Fixed Jumbo
6.750%
6.856%
1.000
20-Year Fixed
6.750%
6.839%
0.000
15-Year Fixed Jumbo
6.625%
6.826%
0.250
30-Year Fixed VA
6.500%
6.824%
1.000
15-Year Fixed
6.500%
6.795%
0.000
15-Year Fixed
6.750%
6.772%
0.000
10-Year Fixed
6.375%
6.768%
0.882
15-Year Fixed
6.250%
6.765%
2.000
30-Year Fixed
6.650%
6.750%
0.000
30-Year Fixed Jumbo
6.500%
6.722%
2.000
20-Year Fixed
6.625%
6.713%
0.601
15-Year Fixed
6.375%
6.653%
0.879
30-Year Fixed
6.250%
6.647%
1.000
15-Year Fixed
6.500%
6.609%
0.000
30-Year Fixed Jumbo
6.490%
6.575%
1.000
15-Year Fixed
6.375%
6.574%
0.250
30-Year Fixed FHA
5.625%
6.567%
1.125
15-Year Fixed Jumbo
5.875%
6.514%
2.000
30-Year Fixed
6.625%
6.474%
0.250
30-Year Fixed Jumbo
6.625%
6.474%
0.025
7/1 ARM
6.500%
6.218%
0.000
3/5 Jumbo ARM
5.000%
6.063%
0.250
3/5 Conforming ARM
5.000%
6.053%
0.250
5/5 Jumbo ARM
5.250%
5.989%
0.250
5/5 ARM
5.250%
5.989%
0.250
3/1 ARM
6.000%
5.892%
0.000
The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed.
Author: Robert Till
October 6th, 2011
1 year adjustable mortgage rates today are averaging 3.65%, up from last week’s average 1 year adjustable jumbo mortgage rate of 3.63%.
