Mortgage Rates Decline, Again: 30 Year Mortgage Rates at 4.63%, 15 Year Mortgage Rates Are Below 4.00%
10 year U.S. bond yields started last week above 3.00 percent but are down under 3.00 percent at 2.92 percent driving mortgage rates lower. Bond yields are below 3.00 on economic data released showing the U.S. economy isn't as robust as it was earlier this year. Second quarter GDP slowed to 2.4 percent, a decline from a pace of 3.7 percent in the first quarter of 2010. Weak economic data released over the past month has driven mortgage rates lower. Mortgage rates will stay low for the rest of 2010 and might decline further if the economy continues to weaken. Mortgage Rates30 year mortgage rates today are averaging 4.63 percent, down from last week’s average 30 year mortgage rate of 4.76 percent. 30 year refinance mortgage rates are also down averaging 4.63 percent. Current 15 year mortgage rates are averaging 3.92 percent this week, a decline from last week’s average 15 year mortgage interest rate of 4.2o percent. Today's 15 year mortgage refinance rates currently are also down slighlty averaging 3.92 percent this week. Jumbo Mortgage RatesToday's 30 year jumbo mortgage rates are averaging 5.23 percent, up from last week's average 30 year year jumbo mortgage rate of 5.25 percent. 30 year jumbo mortgage refinance rates are up to 5.23 percent. 15 year jumbo mortgage rates are averaging 4.61 percent, down slightly from last week’s average jumbo mortgage rate of 4.72 percent. Current 15 year jumbo refinance mortgage rates today are also down slightly averaging 4.61 percent. Conforming Adjustable Mortgage Rates1 year adjustable mortgage rates are averaging 3.21 percent, down considerably from last week’s average 1 year adjustable interest mortgage rate of 3.54. Current 1 year conforming adjustable refinance mortgage interest rates are also averaging 3.54 percent. Current 3 year adjustable conventional mortgage rates are averaging 3.97 percent this week, down from the prior week’s average 3 year adjustable rate mortgage of 4.09 percent. 3 year mortgage refinance rates today are also under 4.00 percent averaging 3.97 percent. 5 year adjustable home loan mortgage rates are averaging 3.55 percent, down slighlty from the prior week’s average home loan rate of 3.57 percent. 5 year refinance home mortgage rates today are averaging 3.55 percent. Current 7 year conventional adjustable mortgage rates are averaging 3.96 percent this week, up from last week’s average 7 year home mortgage rate of 3.90 percent. Current 7 year mortgage refinance rates today are also higher averaging 3.96 percent. 10 year adjustable mortgage rates are averaging 4.27 percent this week, up from the previous week’s average 10 year adjustable mortgage rate of 4.25 percent. Today’s 10 year home mortgage refinance rates are also higher averaging 4.27 percent. Jumbo Adjustable Mortgage Rates1 year jumbo adjustable mortgage loan rates today are averaging 5.35 percent, down 60 basis points from last week's average 1 year jumbo adjustable mortgage rate of 5.95 percent. Current 1 year jumbo refinance mortgage rates today are also down to 5.35 percent. 3 year jumbo adjustable mortgage rates are averaging 4.26 percent, down from the previous week’s average jumbo interest mortgage rate of 4.55 percent. Current 3 year jumbo refinance mortgage rates are also lower, averaging 4.26 percent. Current 5 year jumbo adjustable home mortgage rates are averaging 3.96 percent this week, down from last week’s average mortgage rate of 4.07 percent. 5 year jumbo mortgage refinance rates are also down to 3.96 percent this week. 7 year jumbo adjustable mortgage rates current are averaging 4.61 percent, down from last week’s average 7 year home mortgage rate of 4.62 percent. 7 year jumbo refinance mortgage rates today are also down to 4.61 percent. 10 year jumbo mortgage rates are averaging 5.10 percent, down from the previous week’s average 10 year jumbo home mortgage rates of 5.21 percent. Today’s 10 year jumbo home loan refinance rates are also down averaging 5.10 percent. Interest Only Adjustable Mortgage Rates ConformingToday's 3 year interest only adjustable mortgage rates are averaging 4.16 percent, down from last week’s average interest only mortgage loan rate of 4.22 percent. 3 year interest only adjustable refinance mortgage rates are also lower averaging 4.16 percent. 5 year interest only adjustable mortgage rates are averaging 3.81 percent, up from last week’s average five year interest only mortgage loan rate of 3.73 percent. 5 year interest only adjustable refinance mortgage rates are also averaging 3.81 percent this week. 7 year interest only home adjustable mortgage rates currently are averaging 4.12 percent, up from last week’s average 7 year IO mortgage rate of 4.06 percent. Today’s 7 year adjustable refinance rate mortgages are higher averaging 4.12 percent. Interest Only Adjustable Mortgage Rates JumboCurrent 3 year jumbo interest only loan adjstuable mortgage rates are averaging 4.64 percent, down from last week’s average jumbo adjustable interest only mortgage rate of 4.94 percent. Today's jumbo IO adjustable refinance rates are also down averaging 4.64 percent. 5 year adjustable jumbo interest only home loan rates are at 4.30 percent, down from an average IO home mortgage rate of 4.52 percent the previous week. 5 year jumbo adjustable IO loan rates are also averaging 4.30 percent. 7 year jumbo IO adjustable mortgage rates today are averaging 4.95 percent, down from an average jumbo 7 year home mortgage rate of 4.96 percent last week. 7 year jumbo adjustable interest-only mortgage rates are also down averaging 4.95 percent. Home Equity Loan Rates10 year home equity loan rates are averaging 7.115 percent, unchanged from last week’s average home equity loan rate. Today’s 15 year home equity rates are averaging 7.433 percent this week, no change from last week’s average home equity loan rate. Home Equity Line of Credit RatesCurrent average home equity line of credit rates (HELOC) are at 4.762 percent this week, down from last week’s average HELOC rate of 4.777 percent. To display current mortgage rates on your website or blog use our free mortgage rates widget. Explore Other Bank Mortgage Rate Offers
Mortgage Rates: Today's Average Mortgage Rates Mixed: 30 Year Mortgage Rates at 4.71%
Refinace Rates: Today's Refinance Rates Friday, October 21, 2011
Mortgage Rates at Highest Point in 4 Months: Current 30 Year Rates at 3.42 Percent
Mortgage Rates Today Drop as Treasury Yields Tumble on FOMC Minutes
Mortage Rates Today Render New Lows Thanks to Fed Buying $40 Billion a Month in MBS
Loan Flight Home Loans Mortgage Rates
Mortgage Rates in Oregon
Mortgage Rates Make Fresh Lows: 30 Year Mortgage Rates at 4.72%, 15 Year Mortgage Rates at 4.14%
Mortgage Rates Just Above All-Time Low: 30 Year Mortgage Rates at 4.86%, 15 year Mortgage Rates at 4.22%
Mortgage Rates Up in the Latest Mortgage Survey
|