Current Mortgage Rates Slightly Higher This Week: 30 Year Mortgage Rates at 4.78%

Current mortgage rates are slightly higher this week for the first time in seven weeks in Freddie Mac’s current Primary Mortgage Market Survey. 30 year mortgage rates are up to 4.79 percent for the week ending June 3, 2010, up slightly from last week's average 30 year mortgage rate of 4.78 percent. Mortgage discount points are averaging 0.8 points, up from the prior week's average of  0.7 points.

Treasury prices soared on the problems in Europe (Hungary this time) and a job report showing fewer jobs were created than economists had forecast. 10 year Treasury notes were up 1 11/32, pushing the yield down 16 basis points to 3.219%. Mortgage rates rates will head lower this coming week if bond yields continue to head lower.

Searching for today's mortgage rates and refinance mortgage rates? Use our mortgage rate tables at MortgageRates.MonitorBankRates.com to find the best mortgage rates currently available in your state. No personal information is needed for a list of mortgage rates.

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 MRC'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 #2473786

5.019%

15-Year Fixed

4.875%

$3,811

Includes 0.679 points for $2,716

Lender Fees: $1,095

$3,138 /mo

Next >

NMLS #757416

5.118%

15-Year Fixed

4.990%

$3,372

Includes 0.843 points for $3,372

Lender Fees: $0

$3,162 /mo

Next >

NMLS #1025894

5.184%

15-Year Fixed

4.990%

$5,136

Includes 0.784 points for $3,136

Lender Fees: $2,000

$3,162 /mo

Next >

NMLS #2473786

5.225%

5-Year ARM

5.125%

$4,519

Includes 0.856 points for $3,424

Lender Fees: $1,095

$2,178 /mo

Next >

NMLS #1954591

License: 60DBO-113383

5.427%

15-Year Fixed

5.250%

$4,707

Includes 0.900 points for $3,600

Lender Fees: $1,107

$3,216 /mo

Next >

NMLS #757416

5.828%

30-Year Fixed

5.750%

$3,408

Includes 0.852 points for $3,408

Lender Fees: $0

$2,335 /mo

Next >

NMLS #2473786

5.841%

30-Year Fixed

5.750%

$3,955

Includes 0.715 points for $2,860

Lender Fees: $1,095

$2,335 /mo

Next >

NMLS #2561451

5.866%

30-Year Fixed

5.750%

$5,202

Includes 0.855 points for $3,420

Lender Fees: $1,782

$2,335 /mo

Next >

NMLS #1025894

5.960%

30-Year Fixed

5.875%

$3,696

Includes 0.424 points for $1,696

Lender Fees: $2,000

$2,367 /mo

Next >

NMLS #399799

6.097%

30-Year Fixed

6.000%

$4,344

Includes 0.754 points for $3,016

Lender Fees: $1,328

$2,399 /mo

Next >

NMLS #1954591

License: 60DBO-113383

6.103%

5-Year ARM

5.990%

$4,915

Includes 0.952 points for $3,808

Lender Fees: $1,107

$2,396 /mo

Next >

NMLS #1954591

License: 60DBO-113383

6.105%

30-Year Fixed

5.990%

$5,007

Includes 0.975 points for $3,900

Lender Fees: $1,107

$2,396 /mo

Next >

Rate data provided by RateUpdate.com. Displayed by 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.

15 year fixed conforming mortgage rates were down slightly for the week ending June 3, 2010. Current conforming 15 year fixed mortgage rates are averaging at 4.20 percent, down from last week's average 15 year mortgage rate of 4.21 percent. Average mortgage discount points remained unchanged at 0.7 points.

Current 5 year U.S. Treasury indexed adjustable mortgage rates are averaging 3.94 percent, down from the previous week's average 5 year adjustable mortgage rate of 3.97 percent. Mortgage discount points averaged 0.7 points, unchanged from last week's average mortgage discount point.

Current 1 year Treasury indexed adjustable mortgage rates are averaging 3.95 percent, unchanged from last week's average 1 year adjustable mortgage rate. Mortgage points averaged o.7 points, up from last week's average of 0.6 points.