30 year Mortgage Rates Decrease to 4.95% 15 year Rates at 4.33%

30 year mortgage rates were down in the latest mortgage survey released this morning. 30 year fixed mortgage rates averaged 4.95 percent for the week ending March 11, 2010 in the today's Primary Mortgage Market Survey released by Freddie Mac. Average mortgage discount points on 30 year mortgages remained the same at 0.7 points.

Looking for mortgage rates? Find current rates  by using our rate tables: MortgageRates.MonitorBankRates.com.

The average 15 year fixed mortgage rate is down to 4.32 percent for the week ending March 11, 2010, a decrease from last week’s average mortgage rate of 4.33 percent. Mortgage discount points averaged 0.7 points, unchanged from the prior week.

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

Show Advertiser Disclosure

The lenders whose rates and other terms appear on this chart are ICB's advertising partners. They provide their rate information to our data partner RateUpdate.com. Unless adjusted by the consumer, advertisers are sorted by APR from lowest to highest. For any advertising partners that do not provide their rate they are listed in advertisement display units at the bottom of the chart. Advertising partners may not pay to improve the frequency priority or prominence of their display. The interest rates, annual percentage rates and other terms advertised here are estimates provided by those advertising partners based on the information you entered above and do not bind. Any lender Monthly payment amounts stated do not include amounts for taxes and insurance premiums. The actual payment obligation will be greater if taxes and insurance are included. Although our data partner RateUpdate.com collects the information from the financial institutions themselves, the accuracy of the data cannot be guaranteed. Rates may change without notice and can change intraday. Some of the information contained in the rate tables including but not limited to special marketing notes is provided directly by the lenders. Please verify the rates and offers before applying for a loan with the financial institution themselves. No rate is binding until locked by a lender.

Lender

APR / Rate

Fees / Points

Payment

NMLS #401822

5.661%

15-Year Fixed

5.375%

$7,500

Includes 0.875 points for $3,500

Lender Fees: $4,000

$3,242 /mo

Next >

NMLS #757416

5.778%

15-Year Fixed

5.625%

$3,968

Includes 0.992 points for $3,968

Lender Fees: $0

$3,295 /mo

Next >

NMLS #1025894

5.805%

15-Year Fixed

5.625%

$4,680

Includes 0.995 points for $3,980

Lender Fees: $700

$3,295 /mo

Next >

NMLS #6606

6.022%

15-Year Fixed

5.875%

$3,792

Includes 0.948 points for $3,792

Lender Fees: $0

$3,349 /mo

Next >

NMLS #757416

6.713%

30-Year Fixed

6.625%

$3,640

Includes 0.910 points for $3,640

Lender Fees: $0

$2,562 /mo

Next >

NMLS #1025894

6.839%

30-Year Fixed

6.750%

$3,664

Includes 0.741 points for $2,964

Lender Fees: $700

$2,595 /mo

Next >

NMLS #399799

6.854%

30-Year Fixed

6.750%

$4,436

Includes 0.777 points for $3,108

Lender Fees: $1,328

$2,595 /mo

Next >

NMLS #401822

6.884%

30-Year Fixed

6.750%

$5,495

Includes 0.875 points for $3,500

Lender Fees: $1,995

$2,595 /mo

Next >

NMLS #3030

6.889%

15-Year Fixed

6.750%

$3,500

Includes 0.875 points for $3,500

Lender Fees: $0

$3,540 /mo

Next >

NMLS #6606

6.963%

30-Year Fixed

6.875%

$3,580

Includes 0.895 points for $3,580

Lender Fees: $0

$2,628 /mo

Next >

NMLS #3030

7.602%

30-Year Fixed

7.500%

$4,000

Includes 1.000 points for $4,000

Lender Fees: $0

$2,797 /mo

Next >

Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details.

5 year Treasury indexed adjustable mortgage rates are closing in on 4.00 percent. The average 5 year adjustable mortgage rate is at 4.05 percent, down from the previous week’s average mortgage rate of 4.11 percent. Average mortgage discount points were unchanged at 0.6 points.

1 year Treasury indexed adjustable mortgage rates averaged 4.22 percent this week, down from the previous week's average interest rate of 4.27 percent. Mortgage points were unchanged at 0.6 points.

Looking for refinance rates? MonitorBankRates.com released its Weekly Refinance Rate Report yesterday, which follows:

Refinance Rates - Fixed Conforming

30 year jumbo mortgage refinance rates are also down 19 basis points this week over last. 30 year jumbo refinance rates are averaging 5.57%, down from the prior week’s average refinance rate of 5.76%.

15 year jumbo refinance rates are now under 5.00 percent. 15 year jumbo mortgage refinance rates are at 4.98%, down from the prior week’s average refi rate of 5.13 percent.

Refinance Adjustable Mortgage Rates – Conforming

The average conforming 1 year adjustable refinance loan rate is at 4.40% this week, a decrease from last week when 1 year refinance loan rates averaged 4.67%.

The average conforming 3 year adjustable refinance rate is at 4.44% this week, down from last week’s mortgage loan refinance rate of 4.63%.

5 year adjustable refinance interest mortgage rates are averaging 3.88% this week, a decrease from last week’s average mortgage refinance interest rate of 4.01%.

7 year conforming mortgage refinance rates are at 4.38%, down from last week’s average mortgage refinance rate of 4.50%.

10 year refinance mortgage rates are averaging 4.77%, down from last week’s home equity refinance rate of 4.80%.

Jumbo Adjustable Refinance Mortgage Rates

1 year jumbo adjustable refinance rates are at 5.59%, unchanged from last week’s average refinance rate.

The average refinance rate for a 3 year jumbo ARM is at 5.18%, down from last week’s average adjustable refinance loan rate of 5.36%.

5 year jumbo refinance interest rates are at 4.58% this week, a decrease from last week’s average bank refinance rate of 4.70%.

The average 7 year jumbo refinance home loan rate is at 5.46% this week, down from the prior week’s average refinance home loan rate of 5.75%.

10 year home refinance rates are averaging 5.81% this week, a decrease from the previous week’s average 10 year home refinance rate of 5.96%.