Mortgage Rates Increase Eight Basis Points to 4.20% on 30 Year Loans



Mortgage Rates Increase Eight Basis Points to 4.20% on 30 Year Loans30 year mortgage rates increased eight basis points following bond yields and equity prices higher. Mortgage rates today on 30 year fixed conventional loans are averaging 4.20%, an increase from yesterday’s average 30 year mortgage rate of 4.12%. Mortgage rates on 15 year fixed conventional loans are also higher averaging 3.47%, an increase from yesterday's average 15 year mortgage rate of 3.43%.

Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
in 06101, 2, 740    Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
PERIOD_FIXED_30YEARS Mortgage Loan from Rocket Mortgage
Rocket Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111574.gif
300000
Purchase
4.039%
3.875%
USD
Rocket Mortgage Logo
NMLS # 3030
10/22/2019
at 2.000 pts
45 day lock rate
Est payment: $1,411
Fees in APR: $6,000
From the lender: We can close your loan in less than a month!
 
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
4.291%
4.125%
USD
Quicken Loans NMLS #3030 Logo
NMLS # 3030
10/22/2019
at 2.000 pts
45 day lock rate
Est payment: $1,454
Fees in APR: $6,000
The Better Business Bureau gives Quicken Loans and A+ for customer service.
 
PERIOD_FIXED_30YEARS Mortgage Loan from Rocket Mortgage
Rocket Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111574.gif
300000
Purchase
4.039%
3.875%
USD
Rocket Mortgage Logo
NMLS # 3030
10/22/2019
at 2.000 pts
45 day lock rate
Est payment: $1,411
Fees in APR: $6,000
From the lender: We can close your loan in less than a month!
 
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
4.291%
4.125%
USD
Quicken Loans NMLS #3030 Logo
NMLS # 3030
10/22/2019
at 2.000 pts
45 day lock rate
Est payment: $1,454
Fees in APR: $6,000
The Better Business Bureau gives Quicken Loans and A+ for customer service.
 
PERIOD_FIXED_30YEARS Mortgage Loan from New American Funding
New American Funding
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111741.gif
300000
Purchase
3.524%
3.375%
USD
New American Funding Logo
NMLS # 6606
10/22/2019
at 1.875 pts
30 day lock rate
Est payment: $1,327
Fees in APR: $5,625
Direct lender specializing in helping you save money on your home loan.
 

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.






Compare mortgage rates from several lenders by using our mortgage rate tables here: Today's Mortgage Rates . Unlike most websites, no personal information is needed to view a list of mortgage rates.

Jumbo mortgage rates on both 30 year and 15 year loans are also higher today. Current 30 year jumbo mortgage rates are averaging 4.56%, an increase from yesterday’s average 30 year jumbo mortgage rate of 4.53%. 15 year jumbo mortgages rates today are averaging 3.79%, up slightly from yesterday’s average 15 year jumbo mortgage rate of 3.78%.

Mortgage Rates


Mortgage Rates Current – Conforming Adjustable


1 year adjustable mortgage rates today are averaging 3.77%, up from last week’s average 1 year adjustable jumbo mortgage rate of 3.75%.

3 year adjustable mortgage rates today are averaging 2.74%, down from last week’s average 3 year adjustable mortgage rate of 2.75%.

5 year adjustable mortgage rates are averaging 2.82%, a decrease from the prior week’s average 5 year adjustable rate of 3.06%.

Current 7 year adjustable mortgage rates are averaging 3.12%, up from the previous week’s average 7 year adjustable mortgage rate of 3.11%.

10 year adjustable mortgage rates currently are averaging 3.60%, up from last week’s average 10 year adjustable rate of 3.58%.

Adjustable Jumbo – Mortgage Rates Today


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 3.49%, down from last week’s average 3 year jumbo adjustable rate of 3.56%.

5 year adjustable jumbo mortgage rates currently are averaging 3.02%, no change from last week’s average jumbo adjustable rate.

7 year jumbo adjustable mortgage rates today are averaging 3.57%, down from last week’s average 7 year adjustable home loan rate of 3.66%.

10 year jumbo loan rates and refi rates are averaging 3.96%, down from the prior week’s average 10 year jumbo home mortgage loan rate of 3.97%.

Interest Only Conventional Adjustable – Today's Mortgage Rates


3 year interest only adjustable mortgage loan rates and refinancing rates are averaging 3.15%, up from last week’s average interest only mortgage loan rate of 3.11%.

5 year IO adjustable loan mortgage rates are averaging 3.18%, down from last week’s average five year interest only mortgage rate of 3.24%.

7 year interest only adjustable mortgage rates are averaging 3.54%, up from last week’s average 7 year interest-only mortgage interest rate of 3.45%.

Interest Only Jumbo - Current Mortgage Rates


Today’s 3 year jumbo interest only adjustable loan rates are averaging 3.67%, down from last week’s average jumbo adjustable interest only rate of 3.78%

Current 5 year adjustable jumbo interest only rates are averaging 3.44%, a decrease from last week’s average IO home mortgage interest rate of 3.53%.

Today’s 7 year jumbo interest only adjustable rates are averaging 3.79%, down from last week’s average jumbo 7 year home mortgage loan rate of 3.88%.

Home Equity Loan Rates


10 year home equity loan rates are averaging 6.45%, down from last week’s average home equity loan rate of 6.51%

15 year home equity rates are averaging 6.41%, down from last week’s average home equity loan rate of 6.48%.

Home Equity Line of Credit - Current Rates


Home equity line of credit rates currently are averaging 4.81%, unchanged last week’s average rate HELOC rate.

 
 
Author: Robert Till
October 27th, 2011
Posted in: Mortgage Rates