Current Interest Mortgage Rates Mixed This Week

Current interest mortgage rates are mixed this week, conforming 30-year interest mortgage rates are lower and 15-year jumbo interest mortgage rates are higher.

The Federal Open Market Committee met last week and decided to keep the federal funds rate in a target range of zero percent to 1/4 percent because there is "substantial resource slack" that will keep a lid on inflation.

Over the past year the Feds have been providing support to mortgage lending and housing markets by purchasing a total of $1.25 trillion of agency mortgage-backed securities. The FOMC also said it will gradually slow the pace buying mortgage-backed securities purchases and will complete their purchases by the end of the first quarter of 2010. Some housing analysts believe mortgage rates will immediately shoot up by 1/2 percent when the Fed stops buying these securities.

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

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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 #1835285

5.217%

15-Year Fixed

5.125%

$2,416

Includes 0.604 points for $2,416

Lender Fees: $0

$3,190 /mo

Next >

NMLS #2578474

5.427%

15-Year Fixed

5.250%

$4,646

Includes 0.899 points for $3,596

Lender Fees: $1,050

$3,216 /mo

Next >

NMLS #2326098

License: 60DBO-181478

5.432%

15-Year Fixed

5.250%

$4,949

Includes 0.749 points for $2,996

Lender Fees: $1,953

$3,216 /mo

Next >

NMLS #1067

5.476%

15-Year Fixed

5.375%

$2,640

Includes 0.660 points for $2,640

Lender Fees: $0

$3,242 /mo

Next >

NMLS #757416

5.493%

15-Year Fixed

5.375%

$3,092

Includes 0.773 points for $3,092

Lender Fees: $0

$3,242 /mo

Next >

NMLS #1025894

5.531%

15-Year Fixed

5.375%

$4,068

Includes 0.842 points for $3,368

Lender Fees: $700

$3,242 /mo

Next >

NMLS #401822

5.535%

15-Year Fixed

5.250%

$7,500

Includes 0.875 points for $3,500

Lender Fees: $4,000

$3,216 /mo

Next >

NMLS #1835285

6.081%

30-Year Fixed

6.000%

$3,500

Includes 0.875 points for $3,500

Lender Fees: $0

$2,399 /mo

Next >

NMLS #1067

6.212%

30-Year Fixed

6.125%

$3,716

Includes 0.929 points for $3,716

Lender Fees: $0

$2,431 /mo

Next >

NMLS #2578474

6.336%

30-Year Fixed

6.250%

$3,650

Includes 0.650 points for $2,600

Lender Fees: $1,050

$2,463 /mo

Next >

NMLS #1835285

6.337%

5-Year ARM

6.250%

$3,676

Includes 0.919 points for $3,676

Lender Fees: $0

$2,463 /mo

Next >

NMLS #757416

6.436%

30-Year Fixed

6.375%

$2,564

Includes 0.641 points for $2,564

Lender Fees: $0

$2,496 /mo

Next >

NMLS #1025894

6.462%

30-Year Fixed

6.375%

$3,676

Includes 0.744 points for $2,976

Lender Fees: $700

$2,496 /mo

Next >

NMLS #2326098

License: 60DBO-181478

6.475%

30-Year Fixed

6.375%

$4,401

Includes 0.612 points for $2,448

Lender Fees: $1,953

$2,496 /mo

Next >

NMLS #401822

6.620%

30-Year Fixed

6.500%

$4,995

Includes 0.750 points for $3,000

Lender Fees: $1,995

$2,529 /mo

Next >

NMLS #2326098

License: 60DBO-181478

6.634%

5-Year ARM

6.500%

$5,793

Includes 0.960 points for $3,840

Lender Fees: $1,953

$2,529 /mo

Next >

NMLS #3030

7.015%

15-Year Fixed

6.875%

$3,500

Includes 0.875 points for $3,500

Lender Fees: $0

$3,568 /mo

Next >

NMLS #3030

7.476%

30-Year Fixed

7.375%

$4,000

Includes 1.000 points for $4,000

Lender Fees: $0

$2,763 /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.

Looking for the best mortgage rates? Search our bank mortgage rate tables for home mortgage rates, including conforming mortgage rates and jumbo mortgage rates in your state or zip code. Current Mortgage Rate

Current Interest Mortgage Rates

Conforming 30-year mortgage interest rates are lower this week, the current 30-year mortgage rate is at 5.06 percent this week, down from the prior week's average mortgage interest rate of 5.09 percent. Average 30-year CA mortgage rates are higher at 5.12 percent.

The average conforming 15-year fixed mortgage rate is currently back under 4.50 percent at 4.47 percent, down from the prior week's average bank mortgage rate of 4.59 percent. Average 15-year VA mortgage rates are a little higher at 4.49 percent. Mortgage rate refinance rates are in the same range as purchase rates.

Jumbo Mortgage Rates Current

Average 30-year jumbo bank mortgage rates are down this week, current jumbo mortgage rates are at 5.98 percent, down slightly from last week's average jumbo mortgage interest rate of 6.03 percent.

The average 15-year jumbo mortgage rate is currently at 5.56 percent, up considerably from the previous week's average mortgage rate of 5.36 percent.

Current Mortgage Rates - Adjustable Rates

Current adjustable mortgage rates are mixed this week. One-year conforming adjustable rate mortgages are at 4.36 percent this week, down from last week's average adjustable mortgage rate of 4.50 percent. Jumbo one-year adjustable mortgage rates are at 5.31 percent, up from the average rate last week of 5.12 percent.

The average rate on a conforming 3/1 home loan is at 4.41 percent this week, down from last week's average rate of 4.50 percent. Jumbo 3/1 ARMs are averaging 5.55 percent this week, down from last week's average mortgage rate of 5.75 percent.

5/1 conforming ARMs are averaging 4.20 percent, up from last week's average rate of 4.13 percent. The average mortgage rate on a Jumbo 5/1 ARM is currently at 4.96 percent, down from the prior week's average rate of 5.25 percent.

Average rate for a 7/1 conforming ARM is at 4.63 percent this week, down from the prior week's average rate of 4.68 percent. Jumbo 7/1 ARMs are averaging 5.72 percent, down from last week's average rate of 6.31 percent.

Average mortgage rates 10-year ARM are at 4.99 percent, up from last week's average rate of 4.97 percent. 10-year jumbo mortgage rates are at 6.02 percent, down from 6.25 percent.

Find current mortgage rates here: Mortgage Interest Rates