Current Mortgage Rates at 5.18% – 10-Year Treasury Yields at 3.45%

current-mortgage-rates-at-518-10-year-treasury-yields-at-345Current mortgage rates are stable today as 10-year Treasury yields hover just below 3.50 percent. Today's conforming fixed 30-year mortgage rates have risen slightly to 5.18 percent from yesterday's rate of 5.15 percent. 15-year mortgage rates are averaging 4.58 percent currently, up from an average mortgage rate of  4.57 percent on Monday.

Looking for the lowest mortgage rates? MonitorBankRates.com has mortgage rate tables you can use to find the best mortgage rates in your zip code. Find Mortgage Interest Rates here

Average jumbo mortgage rates are mixed today, 30-year jumbo rate mortgages are lower and 15-year jumbo mortgage rates are higher. Current  30-year jumbo mortgage rates are just under 6.00 percent at 5.99 percent, down from last week’s average mortgage rate of 6.02 percent. The average rate for 15-year jumbo mortgages is up to 5.53 percent this week, a slight increase from last week's average rate of  5.46 percent.

Loan Term
Lender
APR / Rate
Fees / Points
Payment
Pure Rate Mortgage
NMLS #2578474
5.389%
15-Year Fixed
5.250%
$3,650
Includes 0.650 points for $2,600
Lender Fees: $1,050
$3,216 /mo
Tomo Mortgage, LLC.
NMLS #2059741
5.510%
15-Year Fixed
5.375%
$3,520
Includes 0.880 points for $3,520
Lender Fees: $0
$3,242 /mo
Mutual of Omaha Mortgage, Inc.
NMLS #1025894
5.632%
15-Year Fixed
5.490%
$3,688
Includes 0.747 points for $2,988
Lender Fees: $700
$3,267 /mo
New American Funding, LLC.
NMLS #6606
5.767%
15-Year Fixed
5.625%
$3,696
Includes 0.924 points for $3,696
Lender Fees: $0
$3,295 /mo
Pure Rate Mortgage
NMLS #2578474
6.360%
30-Year Fixed
6.250%
$4,650
Includes 0.900 points for $3,600
Lender Fees: $1,050
$2,463 /mo
Tomo Mortgage, LLC.
NMLS #2059741
6.548%
30-Year Fixed
6.490%
$2,412
Includes 0.603 points for $2,412
Lender Fees: $0
$2,526 /mo
Mutual of Omaha Mortgage, Inc.
NMLS #1025894
6.597%
30-Year Fixed
6.490%
$4,460
Includes 0.940 points for $3,760
Lender Fees: $700
$2,526 /mo
PenFed Credit Union
NMLS #401822
6.758%
30-Year Fixed
6.625%
$5,495
Includes 0.875 points for $3,500
Lender Fees: $1,995
$2,562 /mo
New American Funding, LLC.
NMLS #6606
6.823%
30-Year Fixed
6.740%
$3,392
Includes 0.848 points for $3,392
Lender Fees: $0
$2,592 /mo
PenFed Credit Union
NMLS #401822
7.764%
15-Year Fixed
7.500%
$6,500
Includes 0.625 points for $2,500
Lender Fees: $4,000
$3,709 /mo
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.

Adjustable rate mortgages are lower today, current 5/1 adjustable mortgage rates are at 4.34 percent, up from the prior week's average rate of 4.32 percent. Wells Fargo is currently advertising conforming 5/1 adjustable rate mortgage at 4.00 percent.

Description This Week Last Week
Home Equity Line of Credit 4.862% 4.875%
Home Equity Loan - 10 Years 7.621% 7.644%
Home Equity Loan - 15 Years 7.748% 8.532%
15 Year Fixed Conforming 4.587% 4.753%
15 Year fixed Jumbo 5.532% 5.461%
30 Year Fixed Conforming 5.186% 5.238%
30 Year Fixed Jumbo 5.995% 6.023%
1 Year ARM Conforming 4.350% 4.484%
1 Year ARM Jumbo 4.625% 4.625%
3/1 Year ARM Conforming 4.573% 4.649%
3/1 Year ARM Jumbo 5.144% 5.406%
5/1 Year ARM Conforming 4.342% 4.323%
5/1 Year ARM Jumbo 5.130% 5.172%
7/1 Year ARM Conforming 4.704% 4.875%
7/1 Year ARM Jumbo 5.684% 5.688%
10/1 Year ARM Conforming 5.204% 5.163%
10/1 Year ARM Jumbo 6.006% 6.000%
Interest Only: 3/1 Year ARM Conforming 4.686% 4.731%
Interest Only: 3/1 Year ARM Jumbo 5.368% 5.563%
Interest Only: 5/1 Year ARM Conforming 4.453% 4.472%
Interest Only: 5/1 Year ARM Jumbo 5.460% 5.542%
Interest Only: 7/1 Year ARM Conforming 4.914% 4.915%
Interest Only: 7/1 Year ARM Jumbo 5.890% 5.788%

 
Author: Brian McKay
September 15th, 2009

Explore Other Mortgage and Refinance Offers