Mortgage Rates & Refinance Rates Move Higher This Week: 30 Year Mortgage Rates at 4.96%

Mortgage rates and refinance rates moved higher this week over last week following Treasury yields higher. 30 year mortgage rates jumped 15 basis points this week but are still under 5.00 percent. 30 year mortgage rates are up to 4.96 percent, an increase from last week's average 30 year mortgage rate of 4.81 percent.

Mortgage rates and refinance rates will probably head back down this week since Treasury yields have retreated from the highs of last week. The markets are still concerned about Europe's debt crisis and how the problems will play out. The markets are concerned enough to drive the euro down to a four year low against the dollar and also drive U.S. Treasury yields down. Europe's problems will be one of the main topics at the G-20 meeting this week in South Korea.  

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 JG Wentworth Home Lending
JG Wentworth Home Lending
https://www.brimg.net/system/img/inst/10054_logo.gif
300000
Refinance
4.258
4.250
USD
JG Wentworth Home Lending Logo
NMLS # 2925
State Lic # MC-1875
at 0.000 pts
45 day lock rate
Est payment: $1,475.82
Fees in APR: $299
 
 
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%
4/18/2019
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 Northwest Federal Credit Union
Northwest Federal Credit Union
300000
Refinance
4.316
4.250
USD
Northwest Federal Credit Union
4.316%
4/17/2019
4.250%
at 0.750 pts
45 day lock rate
Est payment: $1,475.82
Fees in APR: $79
 
 
30 yr fixed mtg refi Mortgage Loan from Bank of America
Bank of America
300000
Refinance
4.343
4.250
USD
Bank of America
4.343%
4/17/2019
4.250%
at 0.671 pts
60 day lock rate
Est payment: $1,475.82
Fees in APR: $1,289
 
 
30 yr fixed mtg refi Mortgage Loan from Apple Federal Credit Union
Apple Federal Credit Union
300000
Refinance
4.345
4.250
USD
Apple Federal Credit Union
4.345%
4/17/2019
4.250%
at 1.000 pts
60 day lock rate
Est payment: $1,475.82
Fees in APR: $352
 
 
30 yr fixed mtg refi Mortgage Loan from TD Bank, NA
TD Bank, NA
300000
Refinance
4.278
4.250
USD
TD Bank, NA
4.278%
4/19/2019
4.250%
at 0.000 pts
45 day lock rate
Est payment: $1,475.82
Fees in APR: $982
 
 
30 yr fixed mtg refi Mortgage Loan from State Department Federal Credit Union
State Department Federal Credit Union
300000
Refinance
4.432
4.375
USD
State Department Federal Credit Union
4.432%
4/22/2019
4.375%
at 0.000 pts
60 day lock rate
Est payment: $1,497.86
Fees in APR: $2,000
 
 
30 yr fixed mtg refi Mortgage Loan from LincolnWay Community Bank
LincolnWay Community Bank
300000
Refinance
4.155
4.125
USD
LincolnWay Community Bank
4.155%
4/23/2019
4.125%
at 0.000 pts
30 day lock rate
Est payment: $1,453.95
Fees in APR: $1,085
 
 
30 yr fixed mtg refi Mortgage Loan from Virginia Credit Union
Virginia Credit Union
300000
Refinance
4.328
4.250
USD
Virginia Credit Union
4.328%
4/23/2019
4.250%
at 0.375 pts
45 day lock rate
Est payment: $1,475.82
Fees in APR: $1,650
 
 
30 yr fixed mtg refi Mortgage Loan from Fulton Bank, NA
Fulton Bank, NA
300000
Refinance
4.539
4.500
USD
Fulton Bank, NA
4.539%
4/23/2019
4.500%
at 0.125 pts
60 day lock rate
Est payment: $1,520.06
Fees in APR: $1,007
 
 
30 yr fixed mtg refi Mortgage Loan from Santander Bank, N.A.
Santander Bank, N.A.
300000
Refinance
4.557
4.500
USD
Santander Bank, N.A.
4.557%
4/23/2019
4.500%
at 0.000 pts
60 day lock rate
Est payment: $1,520.06
Fees in APR: $2,004
 
 

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.






Looking for current mortgage rates and refinance rates? Search our mortgage rate tables at MortgageRates.MonitorBankRates.com to find the lowest rates. Unlike most websites, no personal information is needed to display our list of mortgage rates.

15 year mortgage rates and mortgage refinance rates are down slightly. Current 15 year mortgage rates are averaging 4.27 percent, down from last week's average mortgage rate of 4.28 percent.

Jumbo Mortgage Rates - Refinance Rates


30 year jumbo mortgage rates and refinance mortgage rates are averaging  5.51 percent this week, up from last week's average 30 year jumbo rate of 5.38 percent.

15 year jumbo mortgage rates/refinance mortgage rates are averaging 4.90 percent, up from last week's average mortgage refinance rate of 4.80 percent last week.

 Conforming Adjustable Mortgage Rates - Refinance Rates


Current 1 year adjustable mortgage rates and refinance mortgage rates are averaging 3.78 percent, down from the previous week’s average 1 year adjustable mortgage rate of 3.82 percent.

Today's 3 year adjustable refinance rates and mortgage rates are averaging 4.50 percent, up from the previous week’s average home mortgage rate of 4.35 percent.

Current 5 year refinance adjustable rate mortgages/adjustable mortgage rates are averaging 4.07 percent, an increase from the prior week’s average loan mortgage rate of 3.95 percent. 

Today's 7 year adjustable refinance mortgage rates/mortgage interest rates are averaging 4.24 percent this week, an increase from last week’s average 7 year mortgage rate of 4.13 percent. 

Current 10 year conforming adjustable mortgage refinance rates and mortgage rates are averaging 4.45 percent, down from last week’s average 10 year mortgage rate of 4.49 percent. 

Jumbo Adjustable Mortgage Rates - Refinance Rates


Current 1 year jumbo adjustable interest refinance rates and mortgage rates are averaging 5.95 percent this week,  unchanged from the prior week’s average 1 year rates.

3 year refinance jumbo adjustable rate mortgages and mortgage interest rates are averaging 4.80 percent, down from last week’s average jumbo refinance loan mortgage rate of 5.05 percent. 

5 year jumbo adjustable mortgage refinance rates and mortgage rates are averaging 4.45 percent, up from an average rate of 4.40 percent last week.  

7 year jumbo adjustable refinance rates and mortgage rates are averaging 5.26 percent this week, up from last week’s average loan mortgage rate of 5.14 percent. 

Current 10 year jumbo mortgage refinance interest rates and mortgage rates are averaging 5.67 percent, up from the previous week's average 10 year jumbo interest rate of 5.56 percent.

Conforming Interest Only Mortgage Rates - Refinance Mortgage Rates


Current 3 year interest only mortgage rates / refinance mortgage rates are averaging 4.63 percent, up from last week's average IO mortgage rate of 4.52 percent.

Today's 5 year interest only refinance home loans are averaging 4.05 percent, up from last week’s average five year interest only mortgage rate of 3.75 percent.

Current 7 year IO home loan rates and refinance rates are averaging 4.41 percent, up from last week’s average interest only rate of 4.25 percent.

Jumbo Interest Only Mortgage  Refinance Rates - IO Mortgage Rates


The average 3 year jumbo interest only mortgage rate and refinance rate is at 5.35 percent, down from last week's average jumbo interest rate of 5.47 percent.

Currently, 5 year jumbo IO loan rates and refinance rates are averaging 5.03 percent, a decrease from last week’s average IO rate of 5.06 percent.

Current 7 year IO jumbo refinance rates and mortgage rates are averaging 5.79 percent, up from last week’s average jumbo 7 year rate of 5.53 percent.

Home Equity Loan Rates


10 year home equity loan rates are averaging 7.255 percent, a decrease from last week’s average home equity loan rate of 7.293 percent.

15 year home equity rates are averaging 7.416 percent this week, unchanged from last week’s average home equity rate.

Home Equity Line of Credit Rates (HELOC)


The current average home equity line of credit rates are averaging 4.777 percent this week, up from last week’s average HELOC rate of 4.664.
 
 
Author: Brian McKay
June 2nd, 2010
Posted in: Mortgage Rates