Mortgage Rates Make Fresh Lows: 30 Year Mortgage Rates at 4.72%, 15 Year Mortgage Rates at 4.14%

Mortgage rates made fresh lows this week continuing the down trend for the past few weeks. Mortgage rates made new lows this past week on the Federal Open Market Committee statement on economic activity released on June 23. In the June statement, the FOMC decided to keep the federal funds rate in a targeted range of 0 to 1/4 percent.

Looking for current mortgage rates and refinance rates? Use our mortgage rate tables at MortgageRates.MonitorBankRates.com to find mortgage rates in your state. Unlike most websites no personal information is needed to display a list of mortgage 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 E-Click Lending
E-Click Lending
https://www.brimg.net/system/img/inst/4213_logo.gif
300000
Refinance
4.981
4.750
USD
E-Click Lending Logo
NMLS # 227765
State Lic # MC-5920
(877) 387 - 3899
at 1.000 pts
30 day lock rate
Est payment: $1,564.94
Fees in APR: $4,835
 
 
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
4.168
3.990
USD
ConsumerDirect Mortgage, a division of First Bank Logo
NMLS # 472433
at 1.000 pts
30 day lock rate
Est payment: $1,430.52
Fees in APR: $3,359
 
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
4.269
4.250
USD
ConsumerDirect Mortgage, a division of First Bank Logo
NMLS # 472433
at 0.000 pts
30 day lock rate
Est payment: $1,475.82
Fees in APR: $675
 
30 yr fixed Mortgage Loan from E-Click Lending
E-Click Lending
https://www.brimg.net/system/img/inst/4213_logo.gif
300000
Refinance
5.179
5.125
USD
E-Click Lending Logo
NMLS # 227765
State Lic # MC-5920
(877) 387 - 3899
at 0.000 pts
30 day lock rate
Est payment: $1,633.46
Fees in APR: $1,825
 
 
30 yr fixed Mortgage Loan from JG Wentworth Home Lending
JG Wentworth Home Lending
https://www.brimg.net/system/img/inst/10054_logo.gif
300000
Refinance
4.375
4.375
USD
JG Wentworth Home Lending Logo
NMLS # 2925
State Lic # MC-1875
at 0.000 pts
45 day lock rate
Est payment: $1,497.86
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 E-Click Lending
E-Click Lending
https://www.brimg.net/system/img/inst/4213_logo.gif
300000
Refinance
4.877
4.490
USD
E-Click Lending Logo
NMLS # 227765
State Lic # MC-5920
(877) 387 - 3899
at 2.000 pts
30 day lock rate
Est payment: $1,518.27
Fees in APR: $7,176
 
 
30 yr fixed mtg refi Mortgage Loan from Raymond James Bank, NA
Raymond James Bank, NA
300000
Refinance
4.662
4.625
USD
Raymond James Bank, NA
4.662%
2/19/2019
4.625%
at 0.000 pts
45 day lock rate
Est payment: $1,542.42
Fees in APR: $1,299
 
 
30 yr fixed mtg refi Mortgage Loan from Fulton Bank, NA
Fulton Bank, NA
300000
Refinance
4.686
4.625
USD
Fulton Bank, NA
4.686%
2/19/2019
4.625%
at 0.375 pts
60 day lock rate
Est payment: $1,542.42
Fees in APR: $1,007
 
 
30 yr fixed mtg refi Mortgage Loan from Citizens Bank, NA
Citizens Bank, NA
300000
Refinance
4.665
4.625
USD
Citizens Bank, NA
4.665%
2/15/2019
4.625%
at 0.000 pts
60 day lock rate
Est payment: $1,542.42
Fees in APR: $1,408
 
 
30 yr fixed mtg refi Mortgage Loan from Virginia Credit Union
Virginia Credit Union
300000
Refinance
4.465
4.375
USD
Virginia Credit Union
4.465%
2/19/2019
4.375%
at 0.500 pts
45 day lock rate
Est payment: $1,497.86
Fees in APR: $1,650
 
 
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%
2/18/2019
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 Santander Bank, N.A.
Santander Bank, N.A.
300000
Refinance
4.683
4.625
USD
Santander Bank, N.A.
4.683%
2/21/2019
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 Bank of Oak Ridge
Bank of Oak Ridge
300000
Refinance
4.295
4.250
USD
Bank of Oak Ridge
4.295%
2/21/2019
4.250%
at 0.250 pts
60 day lock rate
Est payment: $1,475.82
Fees in APR: $853
 
 
30 yr fixed mtg refi Mortgage Loan from Bank of America
Bank of America
300000
Refinance
4.238
4.125
USD
Bank of America
4.238%
2/20/2019
4.125%
at 0.913 pts
60 day lock rate
Est payment: $1,453.95
Fees in APR: $1,289
 
 
30 yr fixed mtg refi Mortgage Loan from Apple Federal Credit Union
Apple Federal Credit Union
300000
Refinance
4.470
4.375
USD
Apple Federal Credit Union
4.470%
2/20/2019
4.375%
at 1.000 pts
60 day lock rate
Est payment: $1,497.86
Fees in APR: $352
 
 
30 yr fixed mtg refi Mortgage Loan from Northwest Federal Credit Union
Northwest Federal Credit Union
300000
Refinance
4.545
4.500
USD
Northwest Federal Credit Union
4.545%
2/20/2019
4.500%
at 0.500 pts
45 day lock rate
Est payment: $1,520.06
Fees in APR: $79
 
 
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%
2/19/2019
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.






The FOMC also decided to keep their current language “to warrant exceptionally low levels of the federal funds rate for an extended period”. The FOMC feels the current economic recovery will be moderate and inflation is heading lower. The committee also feels inflation will be subdued for some time to come. Bond yields and mortgage rates continue to head lower on the committee's comments and the ongoing debt concerns in Europe.

Following is a mortgage rates report released by MonitorBankRates.com on Monday:




Current Mortgage Rates


Current 30 year mortgage rates are down to 4.72 percent, down from last week’s average mortgage rate of 4.76 percent. This is the lowest point this year for 30 year mortgage rates. Current 15 year mortgage rates were also lower this week. 15 year mortgage rates are currently averaging 4.14 percent, down from last week’s average 15 year mortgage rate of 4.25 percent.

Today’s Jumbo Mortgage Rates


Today’s 30 year jumbo mortgage rates are averaging 5.33 percent, a decline from last week’s average jumbo loan rate of 5.40 percent.  30 year jumbo refinance rates today are also averaging 5.33 percent.

Today’s 15 year jumbo loan rates are averaging 4.75 percent, down from the prior week’s average jumbo mortgage rate of 4.85 percent last week. Current 15 year jumbo refinance mortgage rates are also lower this week over last. The current 15 year jumbo refinance rate is averaging 4.75 percent.

Adjustable Mortgage Rates - Conforming


1 year adjustable mortgage rates are averaging 3.56 percent, down from last week’s average 1 year adjustable interest mortgage rate of 3.71 percent. 1 year adjustable refinance mortgage rates today are currently averaging 3.56, a decline from last week’s average refinance rate of 3.71 percent.

3 year adjustable mortgage rates are closing in on 4.00 percent. The current average 3 year adjustable mortgage rats is averaging 4.09 percent, down from last week’s average mortgage rate of 4.36 percent. Current 3 year mortgage refinance rates are also lower this week, averaging 4.09 percent.

Currently, 5 year adjustable mortgage loan rates are averaging 3.54 percent, down from the prior week’s average home loan rate of 3.67 percent. Current 5 year refinance home mortgage rates are averaging 3.54 percent this week.

7 year adjustable mortgage rates are averaging 3.88 percent this week, a decline from last week’s average 7 year mortgage loan rate of 4.13 percent. Current 7 year mortgage refinance rates today are averaging 3.88 percent.

Today’s 10 year adjustable bank mortgage rates are averaging 4.33 percent this week, down from last week’s average 10 year adjustable mortgage rate of 4.46 percent. 10 year home loan mortgage refinance rates are also lower, averaging 4.33 percent.

Current Jumbo Adjustable Mortgage Rates


1 year jumbo adjustable mortgage loan rates are averaging 5.95 percent, no change from last week’s average 1 year adjustable jumbo interest mortgage rate. Today’s 1 year jumbo refinance mortgage rates are also averaging 5.95 percent.

3 year jumbo adjustable mortgage rates today are averaging 4.64 percent, down from the previous week’s average jumbo bank mortgage rate of 4.74 percent. Current 3 year jumbo refinance mortgage rates are also lower, averaging 4.74 percent.

5 year jumbo adjustable interest mortgage rates are averaging 4.04 percent this week, down from last week’s average mortgage rate of 4.16 percent. 5 year jumbo refinance rates are averaging 4.04 percent.

7 year jumbo adjustable mortgage rates are averaging 4.78 percent, a decline from last week’s average 7 year home loan mortgage rate of 4.86 percent. 7 year jumbo refinance rates today are also down to 4.78 percent.

Today’s 10 year home jumbo mortgage rates are averaging 5.49 percent, down from last week’s average 10 year jumbo home mortgage rate of 5.60 percent. 10 year jumbo home loan refinance rates are also averaging 5.49 percent today.

Interest Only Conforming Mortgage Rates Today


3 year interest only home mortgage rates are averaging 4.26 percent, a big decrease from last week’s average interest only mortgage loan rate of 4.54 percent.

Today’s 5 year interest only mortgage rates today are averaging 3.71 percent, down from last week’s average five year interest only mortgage loan rate of 3.86 percent.

Current 7 year interest only home mortgage rates today are averaging 4.02 percent, down from an average mortgage rate of 4.30 percent last week.

Jumbo Interest Only Mortgage Rates Today


3 year jumbo interest only loan mortgage rates are averaging 5.60 percent this week, unchanged from last week’s average jumbo interest only mortgage rate.

Current 5 year jumbo interest only home loan rates are averaging 4.63 percent, down from an average IO home mortgage rate of 4.81 percent.

7 year jumbo IO mortgage rates are averaging 5.07 percent, down from an average jumbo 7 year home mortgage rate of 5.18 percent last week.

Home Equity Loan Rates


10 year home equity loan rates are averaging 7.139 percent, unchanged from last week’s average home equity loan interest rate.

15 year home equity rates are averaging 7.446 percent this week, unchanged from last week’s average home equity loan rate.

Home Equity Line of Credit Rates


The average home equity line of credit rate (HELOC) is averaging 4.777 percent this week, no change from last week’s average HELOC rate.
 
 
Author: Brian McKay
June 29th, 2010
Posted in: Mortgage Rates