Mortgage rates today are higher as debt talks go nowhere as we approach the August 2nd deadline. Current fixed conforming 30 year mortgage rates are averaging 4.57%, up from yesterday's average mortgage rate of 4.48%. Current 15 year conforming mortgage rates are averaging 3.70%, an increase from the previous week’s average 15 year mortgage rate of 3.68%.

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



30 year jumbo mortgage rates are averaging 4.95%, up from the prior day's average 30 year jumbo mortgage rate of 4.91%.  15 year jumbo mortgage rates are averaging 4.21%, up from yesterday's average 15 year jumbo rate of 4.18%.

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

Mortgage Rates

Today's Conforming Adjustable Mortgage Rates

1 year adjustable mortgage rates are averaging 3.55%, down from last week’s average 1 year adjustable jumbo mortgage rate of 3.66%.

3 year adjustable mortgage refinance rates and adjustable mortgage rates today are averaging 3.01%, up from last week’s average 3 year adjustable mortgage rate of 2.89%.

5 year adjustable mortgages are averaging 3.26%, down from the prior week’s average rate of 3.39%.

7 year adjustable mortgage rates are averaging 3.41%, down from the previous week’s average 7 year loan rate of 3.43%.

10 year adjustable mortgage rates are averaging 3.89%, down from last week’s average 10 year adjustable rate of 3.91%.

Adjustable Jumbo Mortgage Rates Current

1 year jumbo adjustable mortgage rates are averaging 4.05%, up from last week’s average adjustable jumbo mortgage rate of 4.00%.

3 year adjustable jumbo rates are averaging higher at 3.41%, up from last week’s average 3 year jumbo adjustable rate of 3.38%.

5 year adjustable jumbo rates today are averaging 3.29%, a decrease from last week’s average jumbo adjustable rate of 3.42%.

Current 7 year jumbo adjustable loan rates are averaging 3.93%, up from last week’s average 7 year adjustable home loan rate of 3.53%.

10 year jumbo loan rates are averaging 4.37%, down from the prior week’s average 10 year jumbo home loan rate of 4.52%. 

Conventional Interest Only Adjustable Mortgage Rates Today

3 year interest only adjustable mortgage loan rates are averaging 3.13%, up from last week’s average interest only mortgage loan rate of 3.05%.

5 year IO adjustable loan rates are averaging 3.15%, down last week’s average five year interest only mortgage loan rate of 3.19%.

7 year interest only adjustable mortgage loan rates are averaging 3.51%, down from last week’s average 7 year interest-only mortgage interest rate of 3.53%. 

Interest Only Jumbo Mortgage Rates Currently

3 year jumbo interest only adjustable loan rates are averaging 3.47%, a decline from last week’s average jumbo adjustable interest only rate of 3.93%.

5 year adjustable jumbo interest only rates are averaging 3.67%, up from last week’s average IO home mortgage interest rate of 3.65%.

7 year jumbo interest only adjustable rates are averaging 4.02%, down from last week’s average jumbo 7 year home loan rate of 4.07%.

Today's Home Equity Loan Rates

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

15 year home equity rates are averaging 6.82%, down from the prior week’s average home equity loan rate of 6.98%.

Current HELOC Rates

Home equity line of credit rates are averaging 4.97%, unchanged from last week’s average rate HELOC rate.

Loan Type

Purchase Refinance with Cash out Refinance

State

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District Of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

FICO Score

Superior (780-850) Exceptional (760-779) Excellent (740-759) Very Good (720-739) Good (700-719) Above Average (680-699) Average (660-679) Fair (640-659) Need Improvement (620-639) Poor (350-620)

Loan Amount

$

Points

Up to 0 points Up to 0.5 points Up to 1 points Up to 1.5 points Up to 2 points Up to 2.5 points Up to 3 points

LTV

%

Loan Term

 15-Year Fixed  20-Year Fixed  30-Year Fixed  5-Year ARM  7-Year ARM  10-Year ARM

Mortgage Rates December 7, 2023