Home Mortgage Rates MBA: 30 Year Mortgage Rates at 4.56%, 15 Year Mortgage Rates

Home mortgage rates are higher in the Mortgage Bankers Association's Weekly Applications Survey. The average contract rate on 30 year home mortgages was 4.56 percent for the week ending November 26, 2010, up from the prior week’s average 30 year mortgage rate of 4.50 percent. 30 year mortgage rates haven’t been higher in the survey since August, 2010. Average mortgage discount points on 30 year home mortgage loans increased to 0.96 points, up from the prior week’s average of 0.88 points.

15 year home mortgage rates averaged 3.91 percent for the week ending November 26, 2010, up from the previous week’s average 15 year home mortgage rate of 3.83 percent. Average mortgage discount points on 15 year home mortgage loans was 0.88 points, down from the previous week’s average of 1.04 points.

Loan Term
Lender
APR / Rate
Fees / Points
Payment
District Lending
NMLS #1835285
5.204%
15-Year Fixed
4.990%
$5,660
Includes 0.915 points for $3,660
Lender Fees: $2,000
$3,162 /mo
Mutual of Omaha Mortgage, Inc.
NMLS #1025894
5.545%
15-Year Fixed
5.375%
$4,448
Includes 0.937 points for $3,748
Lender Fees: $700
$3,242 /mo
Rocket Mortgage
NMLS #3030
5.886%
15-Year Fixed
5.750%
$3,500
Includes 0.875 points for $3,500
Lender Fees: $0
$3,322 /mo
PenFed Credit Union
NMLS #401822
5.962%
15-Year Fixed
5.750%
$5,500
Includes 0.375 points for $1,500
Lender Fees: $4,000
$3,322 /mo
District Lending
NMLS #1835285
6.013%
30-Year Fixed
5.875%
$6,000
Includes 1.000 points for $4,000
Lender Fees: $2,000
$2,367 /mo
PenFed Credit Union
NMLS #401822
6.048%
30-Year Fixed
5.875%
$7,500
Includes 0.875 points for $3,500
Lender Fees: $4,000
$2,367 /mo
Mutual of Omaha Mortgage, Inc.
NMLS #1025894
6.231%
30-Year Fixed
6.125%
$4,544
Includes 0.961 points for $3,844
Lender Fees: $700
$2,431 /mo
Rocket Mortgage
NMLS #3030
6.722%
30-Year Fixed
6.625%
$4,000
Includes 1.000 points for $4,000
Lender Fees: $0
$2,562 /mo
District Lending
NMLS #1835285
7.011%
5-Year ARM
6.875%
$5,560
Includes 0.890 points for $3,560
Lender Fees: $2,000
$2,628 /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.
 
Author: Brian McKay
December 1st, 2010

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