Refinance Rates: Lenders Lower Refinance Rates Today Tuesday October 18, 2011
Refinance rates declined following 10 year bond yields lower. As a result average refinance rates are lower because lenders have lowered the rates they offer. Today's refinance rates on 30 year loans are averaging 4.15%, a decline from yesterday’s average 3o year refinancing rate of 4.19%. Current refinance rates on 15 year conforming loans are also lower averaging 3.45%, down from yesterday's average 15 year refi rate of 3.49%.Search and compare current refinance rates from from multiple lenders by using our refinance rate tables here: Current Refinance Rates. Unlike most websites, no personal information is needed to view a list of mortgage rates.
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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.
Current jumbo refinance rates
also declined today. The average national 30 year jumbo refi rate today is at 4.59%, down from yesterday’s average 30 year jumbo rate of 4.63%. 15 year jumbo refinance rates currently are averaging 3.82%, down from yesterday’s average 15 year jumbo refi rate of 3.87%.
Following is a more in-depth refinance rate report released yesterday by MonitorBankRates.com
Today’s Conforming Adjustable Refinance Rates
1 year adjustable refinance rates today are averaging 3.75%, up from last week’s average 1 year adjustable jumbo refinance rate of 3.72%.
3 year adjustable refinance rates current are averaging 2.75%, down from last week’s average 3 year adjustable refinance rate of 2.76%.
5 year adjustable refinancing rates are averaging 3.06%, a decrease from the prior week’s average 5 year adjustable refinance rate of 3.15%.
Current 7 year adjustable mortgage refi rates are averaging 3.11%, down from the previous week’s average 7 year adjustable mortgage rate of 3.19%.
10 year adjustable refi mortgage rates currently are averaging 3.58%, down from last week’s average 10 year adjustable rate of 3.60%.
Adjustable Jumbo Refinance Mortgage Rates Today
Current 1 year jumbo adjustable mortgage loan refinance rates are at 4.05%, no change from last week’s average adjustable jumbo mortgage refinance rate.
3 year adjustable jumbo refinance rates today are averaging lower at 3.56%, an increase from last week’s average 3 year jumbo adjustable refinance rate of 3.40%.
5 year adjustable jumbo refinance mortgage rates currently are averaging 3.02%, down from last week’s average jumbo adjustable refinance loans rate of 3.11%.
7 year jumbo adjustable refinance home loan rates today are averaging 3.66%, down from last week’s average 7 year adjustable refinance home mortgage rate of 3.69%.
10 year jumbo home refinance rates are averaging 3.97%, down from the prior week’s average 10 year jumbo mortgage refinance rates of 4.02%.
Conforming IO Adjustable Refinance Rates Today
3 year interest only adjustable mortgage refinance rates and are averaging 3.11%, down from last week’s average interest only refinance rate of 3.31%.
5 year IO adjustable loan refinance rates today are averaging 3.24%, down from last week’s average five year interest only home refinance rate of 3.45%.
7 year interest only adjustable loan refinance rates are averaging 3.45%, down from last week’s average 7 year interest-only refinance rates of 3.47%.
Jumbo Interest Only Refinance Rates Currently
Today’s 3 year jumbo refinancing rates are averaging 3.78%, down from last week’s average jumbo adjustable interest only refinance rate of 3.57%.
Current 5 year adjustable jumbo interest only refinance rates are averaging 3.53%, up from last week’s average IO home refinance mortgage rate of 3.52%.
Today’s 7 year jumbo interest only adjustable refinance rates are averaging 3.88%, up from last week’s average jumbo 7 year home refinance loan rate of 3.82%.