Mortgage Rates: Current Mortgage Rates Higher: 30 Year Rates Shoot up 5.16%

Mortgage rates: Current mortgage rates are higher this week as the Fed officially wrapped up their purchase of mortgage-backed securities and 10 year U.S. Treasury yields close in on 4.00 percent. The average 30 year mortgage rate is at 5.16 percent up 20 basis points since the beginning of the week. This is the biggest move up in mortgage rates this year.

Looking for current mortgage rates and refinance rates? Use our Mortgage Rate Tables to find the best rates: MortgageRates.MonitorBankRates.com

Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
30 yr fixed refi in 06101, All points, Credit score: 740+     Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
30 yr fixed Mortgage Loan from Lending.com
Lending.com
https://www.brimg.net/system/img/inst/9139_logo.gif
300000
Refinance
4.194
4.125
USD
Lending.com Logo
NMLS # 1071
State Lic # 11040
(877) 387 - 4811
at 0.100 pts
30 day lock rate
Est payment: $1,453.95
Fees in APR: $2,156
Thank you for your inquiry, we will be in touch shortly. 
 
30 yr fixed Mortgage Loan from Ally Bank
Ally Bank
https://www.brimg.net/system/img/inst/10271_logo.gif
300000
Refinance
4.459
4.375
USD
Ally Bank Logo
NMLS # 181005
(877) 252 - 6146
at 0.100 pts
45 day lock rate
Est payment: $1,497.86
Fees in APR: $2,654
Thanks for the inquiry! 
 
30 yr fixed Mortgage Loan from Citibank, N. A.
Citibank, N. A.
https://www.brimg.net/system/img/inst/8189_logo.gif
300000
Refinance
4.671
4.625
USD
Citibank, N. A. Logo
NMLS # 412915
(877) 385 - 1690
at 0.000 pts
60 day lock rate
Est payment: $1,542.42
Fees in APR: $1,590
 
 
30 yr fixed Mortgage Loan from Lending.com
Lending.com
https://www.brimg.net/system/img/inst/9139_logo.gif
300000
Refinance
4.265
4.250
USD
Lending.com Logo
NMLS # 1071
State Lic # 11040
(877) 387 - 4811
at 0.000 pts
30 day lock rate
Est payment: $1,475.82
Fees in APR: $551
Thank you for your inquiry, we will be in touch shortly. 
 
30 yr fixed Mortgage Loan from Ally Bank
Ally Bank
https://www.brimg.net/system/img/inst/10271_logo.gif
300000
Refinance
4.650
4.625
USD
Ally Bank Logo
NMLS # 181005
(877) 252 - 6146
at 0.000 pts
45 day lock rate
Est payment: $1,542.42
Fees in APR: $857
Thanks for the inquiry! 
 
30 yr fixed Mortgage Loan from Better Mortgage Inc
Better Mortgage Inc
https://www.brimg.net/system/img/inst/9722_logo.gif
300000
Refinance
4.148
4.125
USD
Better Mortgage Inc Logo
NMLS # 330511
State Lic # ML-330511
at 0.000 pts
30 day lock rate
Est payment: $1,453.95
Fees in APR: $826
Thank you for your quote. 
 
30 yr fixed Mortgage Loan from Lending.com
Lending.com
https://www.brimg.net/system/img/inst/9139_logo.gif
300000
Refinance
4.034
3.875
USD
Lending.com Logo
NMLS # 1071
State Lic # 11040
(877) 387 - 4811
at 1.100 pts
30 day lock rate
Est payment: $1,410.71
Fees in APR: $2,417
Thank you for your inquiry, we will be in touch shortly. 
 
30 yr fixed mtg refi Mortgage Loan from The Guilford Savings Bank
The Guilford Savings Bank
300000
Refinance
4.542
4.500
USD
The Guilford Savings Bank
4.542%
2/15/2019
4.500%
at 0.250 pts
60 day lock rate
Est payment: $1,520.06
Fees in APR: $719
 
 
30 yr fixed mtg refi Mortgage Loan from Savings Bank of Danbury
Savings Bank of Danbury
300000
Refinance
4.523
4.500
USD
Savings Bank of Danbury
4.523%
2/15/2019
4.500%
at 0.000 pts
60 day lock rate
Est payment: $1,520.06
Fees in APR: $790
 
 
30 yr fixed mtg refi Mortgage Loan from Citizens Bank, NA
Citizens Bank, NA
300000
Refinance
4.550
4.500
USD
Citizens Bank, NA
4.550%
2/15/2019
4.500%
at 0.250 pts
60 day lock rate
Est payment: $1,520.06
Fees in APR: $998
 
 
30 yr fixed mtg refi Mortgage Loan from Liberty Bank
Liberty Bank
300000
Refinance
4.419
4.375
USD
Liberty Bank
4.419%
2/15/2019
4.375%
at 0.250 pts
60 day lock rate
Est payment: $1,497.86
Fees in APR: $814
 
 
30 yr fixed mtg refi Mortgage Loan from Union Savings Bank
Union Savings Bank
300000
Refinance
4.649
4.625
USD
Union Savings Bank
4.649%
2/15/2019
4.625%
at 0.000 pts
60 day lock rate
Est payment: $1,542.42
Fees in APR: $852
 
 
30 yr fixed mtg refi Mortgage Loan from UniBank for Savings
UniBank for Savings
300000
Refinance
4.786
4.750
USD
UniBank for Savings
4.786%
2/15/2019
4.750%
at 0.250 pts
60 day lock rate
Est payment: $1,564.94
Fees in APR: $500
 
 
30 yr fixed mtg refi Mortgage Loan from TD Bank, NA
TD Bank, NA
300000
Refinance
4.405
4.375
USD
TD Bank, NA
4.405%
2/20/2019
4.375%
at 0.000 pts
45 day lock rate
Est payment: $1,497.86
Fees in APR: $1,043
 
 
30 yr fixed mtg refi Mortgage Loan from First National Bank of Omaha
First National Bank of Omaha
300000
Refinance
4.815
4.750
USD
First National Bank of Omaha
4.815%
2/21/2019
4.750%
at 0.500 pts
60 day lock rate
Est payment: $1,564.94
Fees in APR: $752
 
 
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 The Washington Trust Company
The Washington Trust Company
300000
Refinance
4.280
4.250
USD
The Washington Trust Company
4.280%
2/19/2019
4.250%
at 0.000 pts
30 day lock rate
Est payment: $1,475.82
Fees in APR: $1,083
 
 
30 yr fixed mtg refi Mortgage Loan from United Bank
United Bank
300000
Refinance
4.401
4.375
USD
United Bank
4.401%
2/19/2019
4.375%
at 0.000 pts
30 day lock rate
Est payment: $1,497.86
Fees in APR: $911
 
 
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
 
 
30 yr fixed mtg refi Mortgage Loan from Bank of America
Bank of America
300000
Refinance
4.373
4.250
USD
Bank of America
4.373%
2/18/2019
4.250%
at 0.998 pts
60 day lock rate
Est payment: $1,475.82
Fees in APR: $1,351
 
 

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.






15 year mortgage interest rates are also up since the beginning of the week. Current 15 year mortgage interest rates are averaging 4.47 percent, up from a rate of 4.39 percent earlier this week. 15 year home loan rates are probably going to head higher than 4.50 percent in the coming week after being below that rate for 3 consecutive months.  

For a more in depth mortgage survey read MBR’s most recent Mortgage Rate Survey released earlier this week:

Jumbo Rate Mortgages


30 year jumbo bank mortgage rates are averaging  in at 5.59 percent this week, up from the previous week’s average jumbo home loan rate of 5.56 percent. Jumbo refinance rates were also up this week to 5.56 percent.

The average 15 year jumbo mortgage rate is at 5.07 percent this week, up from last week’s average jumbo rate of  5.04. This is the second consecutive week 15 year jumbo rates are above 5.00 percent. 15 year jumbo refinance rates are also averaging 5.07 percent this week.

Adjustable Conforming Mortgage Rates


1 year conforming adjustable mortgage interest rates are averaging 4.48 percent this week, unchanged from last week’s average 1 year home loan rate of 4.48 percent. 1 year mortgage refinance rates were also unchanged this week at 4.48 percent.

3 year conforming adjustable home loan mortgage rates are at 4.66 percent this week, up from last week when 3 year home mortgage rates averaged 4.58 percent. The current average 3 year refinance rate is also at 4.58 percent this week.

5 year conforming adjustable mortgages are averaging 4.04 percent this week, up from last week’s average home loan rate of 3.92 percent. The current average 5 year mortgage refinance rate this week is also up to 4.04 percent.

The average 7 year conforming ARM is at 4.55 percent this week, up from last week’s average mortgage loan interest rate of 4.41 percent. 7 year mortgage refinance rates are also higher at 4.55 percent this week.

10 year adjustable mortgage rates are averaging 4.86 percent this week, an increase from last week’s average mortgage interest rate of 4.80 percent. 10 year home loan refinance rates are also averaging 4.86 percent.

Adjustable Jumbo Mortgage Rates


The average 1 year jumbo ARM is at 5.59 percent this week, unchanged from last week’s average home loan interest rate. The average 3 year jumbo ARM is at 5.35 percent this week, up from the prior week’s average home loan rate of 5.24 percent. 

3 year home refinance rates are up to 5.35 percent this week. The average 5 year jumbo ARM is at 4.69 percent this week, an increase from last week’s average mortgage rate of 4.57 percent.

Current 5 year refinance loan rates are also averaging 4.69 percent. 7 year jumbo ARMs are averaging 5.45 percent this week, up from last week’s average loan mortgage rate of 5.40 percent.

7 year loan refinance rates are also averaging 5.45 percent this week. 10 year jumbo mortgage interest rates are averaging 5.97 percent this week, an increase from last week’s average 10 year rate of 5.77 percent. 

10 year jumbo refinance loan rates are also lower this week - the average rate is 5.97 percent.

Interest Only Conforming Mortgage Rates


The average 3 year interest only mortgage rate is at 4.91% this week, up from the prior week’s average mortgage interest rate of 4.84%.

The average 5 year interest only home loan is at 4.23% this week, up from last week’s average five year home interest only mortgage rate of 4.11%.

7 year IO home loans are averaging 4.73% this week, an increase from last week’s average interest rate of 4.58%.

Interest Only Jumbo Mortgage Rates


3 year jumbo IO loans are averaging 5.76 percent this week, down from last week’s jumbo interest mortgage rate of 5.83 percent.

The average 5 year jumbo IO loan rate is at 5.32 percent, up from the prior week’s average IO mortgage rate of 5.18 percent.

The average 7 year jumbo IO loan is at 5.85 percent, up from the prior week’s average jumbo 7 year rate of 5.79 percent.

Home Equity Loan Rates


The average home equity loan rate was up this week over last. 10 year home equity loan rates are at 7.364 percent this week, down from last week’s average equity home loan rate of 7.457. 15 year home equity rates averaged 7.562 percent, down from last week’s average home equity rate of 7.780.

Home Equity Line of Credit Rates (HELOC)


Average home equity line of credit rates are at 4.777 percent this week, unchanged from last week’s average HELOC rate.
 
 
Author: Brian McKay
April 3rd, 2010
Posted in: Mortgage Rates