Mortgage Rates Increase as Equity Markets Tumble: Current Mortgage Rates on 30 Year Mortgages at 4.39%

Mortgage rates increased today even though bond yields and equity markets tumbled yesterday. This morning bond yields and the stock indices are higher but the rally probably won't last. We expect yields, the markets and mortgage rates to decline further in the coming days.  Today's mortgage rates on conforming 3o year mortgages are averaging 4.39%, up from the previous day's average 30 year mortgage rate of 4.28%. 15 year mortgage rates are also lower this week. Current mortgage rates on 15 year mortgages are averaging 3.54%, up from yesterday's average 15 year mortgage rate of 3.50%.

Search and compare mortgage rates today by searching our mortgage rate tables here: Mortgage Rates Today. Unlike most websites, no personal information is needed to view a list of mortgage rates.




Today's mortgage rates on 30 year jumbo mortgages are averaging 4.71%, a slight increase from yesterday's average 30 year jumbo mortgage rate of 4.70%. Mortgage rates currently on 15 year jumbo mortgages are averaging 4.10%, up slightly from yesterday's average 15 year jumbo mortgage rate of 4.09%. 

Following is a more in-depth mortgage rate report released by MonitorBankRates.com this past Monday:

Mortgage Rates


Current Conforming Adjustable Mortgage Rates


1 year adjustable mortgage rates today are averaging 3.58%, up from last week’s average 1 year adjustable jumbo mortgage rate of 3.34%.

Current 3 year adjustable mortgage refinance rates and adjustable mortgage rates today are averaging 3.01%, down from last week’s average 3 year adjustable mortgage rate of 3.03%.

5 year adjustable mortgage mortgage are averaging 3.25%, down from the prior week’s average 5 year adjustable rate of 3.43%.

Today’s 7 year adjustable mortgage rates are averaging 3.28%, unchanged from the previous week’s average 7 year adjustable mortgage rate.

10 year adjustable mortgage rates currently are averaging 3.70%, down from last week’s average 10 year adjustable rate of 3.96%.

Today's Adjustable Jumbo Mortgage Rates


Current 1 year jumbo adjustable mortgage rates are averaging 3.12%, down from last week’s average adjustable jumbo mortgage rate of 4.05%.

3 year adjustable jumbo rates today are averaging higher at 3.38%, down from last week’s average 3 year jumbo adjustable rate of 3.47%.

5 year adjustable jumbo mortgage rates current are averaging 3.21%, down from last week’s average jumbo adjustable rate of 3.38%.

7 year jumbo adjustable mortgage loan rates are averaging 3.64%, down from last week’s average 7 year adjustable home loan rate of 3.83%.

10 year jumbo loan rates are averaging 4.17%, down from the prior week’s average 10 year jumbo home mortgage loan rate of 4.37%. 

Conforming Interest Only Adjustable Mortgage Rates Today


3 year interest only adjustable mortgage loan rates are averaging 3.09%, down from last week’s average interest only mortgage loan rate of 3.15%.

5 year IO adjustable loan mortgage rates are averaging 3.10%, down last week’s average five year interest only mortgage rate of 3.20%.

7 year interest only adjustable mortgage loan rates are averaging 3.40%, down from last week’s average 7 year interest-only mortgage interest rate of 3.58%. 

Interest Only Jumbo Mortgage Rates Current


Today’s 3 year jumbo interest only adjustable loan rates are averaging 3.90%, a decrease from last week’s average jumbo adjustable interest only rate of 3.98%.

5 year adjustable jumbo interest only rates are averaging 3.52%, down from last week’s average IO home mortgage interest rate of 3.65%.

7 year jumbo interest only adjustable rates are averaging 3.84%, down from last week’s average jumbo 7 year home mortgage loan rate of 4.04%.

Current Home Equity Loan Rates


10 year home equity loan rates are averaging 6.62%, down from last week’s average home equity loan rate of 6.77%.

15 year home equity rates are averaging 6.66%, down from last week’s average home equity loan rate of 6.86%.

Current HELOC Rates


Home equity line of credit rates are averaging 4.97%, unchanged from last week’s average rate HELOC rate.
 
 
Author: Brian McKay
August 9th, 2011
Posted in: Mortgage Rates