Home Mortgage Rates Mostly Lower This Week: 30 Year Conventional Mortgage Rates at 4.22%, 30 Year Jumbo Mortgage Rates at 4.73%

Fixed long term mortgage rates are mostly lower and adjustable home mortgage rates are down considerably this week. Fixed conforming 30 year home mortgage rates are averaging 4.22 percent, down from last week's average 30 year mortgage rate of 4.27 percent. 30 year home mortgage rates hit an all time low of 4.08 percent in early October and have hovered just above the record low for the past 30 days. 30 year conforming home mortgage rates in Florida are just below the national average rate at 4.20 percent.

Jumbo 30 year home mortgage rates are averaging 4.73 percent, a slight increase from last week's national average jumbo mortgage rate of 4.71 percent. 30 year Michigan jumbo mortgage rates are higher than the national average. Today's 30 year jumbo mortgage rates in Michigan are averaging 4.78 percent.

Conforming 15 year home mortgage rates today are averaging 3.52 percent, down slightly from the previous week’s average 15 year mortgage interest rate of 3.53 percent. 15 year home mortgage interest rates in North Carolina are higher averaging 3.58 percent today.

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 #1835285

4.863%

15-Year Fixed

4.750%

$3,000

Includes 0.750 points for $3,000

Lender Fees: $0

$3,112 /mo

Next >

NMLS #2473786

4.887%

15-Year Fixed

4.750%

$3,635

Includes 0.635 points for $2,540

Lender Fees: $1,095

$3,112 /mo

Next >

NMLS #757416

4.997%

15-Year Fixed

4.875%

$3,240

Includes 0.810 points for $3,240

Lender Fees: $0

$3,138 /mo

Next >

NMLS #6606

5.150%

15-Year Fixed

5.000%

$3,972

Includes 0.993 points for $3,972

Lender Fees: $0

$3,164 /mo

Next >

NMLS #2473786

5.231%

5-Year ARM

5.125%

$4,807

Includes 0.928 points for $3,712

Lender Fees: $1,095

$2,178 /mo

Next >

NMLS #1025894

5.273%

15-Year Fixed

5.125%

$3,888

Includes 0.797 points for $3,188

Lender Fees: $700

$3,190 /mo

Next >

NMLS #1954591

License: 60DBO-113383

5.304%

15-Year Fixed

5.125%

$4,771

Includes 0.916 points for $3,664

Lender Fees: $1,107

$3,190 /mo

Next >

NMLS #1835285

5.342%

5-Year ARM

5.250%

$4,147

Includes 0.912 points for $3,648

Lender Fees: $499

$2,209 /mo

Next >

NMLS #1835285

5.598%

30-Year Fixed

5.500%

$4,327

Includes 0.957 points for $3,828

Lender Fees: $499

$2,272 /mo

Next >

NMLS #2473786

5.700%

30-Year Fixed

5.625%

$3,291

Includes 0.549 points for $2,196

Lender Fees: $1,095

$2,303 /mo

Next >

NMLS #757416

5.715%

30-Year Fixed

5.625%

$3,940

Includes 0.985 points for $3,940

Lender Fees: $0

$2,303 /mo

Next >

NMLS #2561451

5.737%

30-Year Fixed

5.625%

$5,078

Includes 0.824 points for $3,296

Lender Fees: $1,782

$2,303 /mo

Next >

NMLS #6606

5.966%

30-Year Fixed

5.875%

$3,924

Includes 0.981 points for $3,924

Lender Fees: $0

$2,367 /mo

Next >

NMLS #1025894

5.970%

30-Year Fixed

5.875%

$4,132

Includes 0.858 points for $3,432

Lender Fees: $700

$2,367 /mo

Next >

NMLS #399799

5.980%

30-Year Fixed

5.875%

$4,719

Includes 0.848 points for $3,392

Lender Fees: $1,327

$2,367 /mo

Next >

NMLS #1954591

License: 60DBO-113383

6.087%

30-Year Fixed

5.990%

$4,239

Includes 0.783 points for $3,132

Lender Fees: $1,107

$2,396 /mo

Next >

NMLS #1954591

License: 60DBO-113383

6.230%

5-Year ARM

6.125%

$4,523

Includes 0.854 points for $3,416

Lender Fees: $1,107

$2,431 /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 jumbo home mortgage rates are averaging at 3.98 percent, down from the prior week’s average jumbo mortgage loan rate of 4.03 percent. Current 15 year jumbo mortgage rates in Utah are lower averaging 3.95 percent.

Mortgage Rates

Conventional Adjustable Home Mortgage Rates

1 year adjustable mortgage rates today are averaging 3.17 percent, down from last week’s average 1 year adjustable home mortgage loan rate of 3.76 percent. 1 year conforming adjustable refinance loan mortgage rates today are also lower averaging 3.17 percent.

Today's 3 year adjustable mortgage rates are averaging 3.24 percent, from last week’s average 3 year adjustable mortgage loan rate of 3.37 percent. Current 3 year mortgage refinance rates are also lower averaging 3.24 percent.

5 year adjustable mortgage loan rates today are averaging 3.11 percent, down from the prior week’s average mortgage rate of 3.21 percent. 5 year refinance home loan rates today are also lower at 3.11 percent.

7 year adjustable mortgage loan interest rates today are averaging 3.40 percent, d0wn from the previous week’s average 7 year home mortgage rate of 3.43 percent. Today’s 7 year refinance rates are also higher averaging 3.40 percent.

10 year adjustable mortgage loan rates today are averaging 3.70 percent this week, up from last week’s average 10 year adjustable mortgage rate of 3.81 percent. 10 year home refinance rates today are also averaging 3.70 percent.

Current Jumbo Adjustable Mortgage Rates

1 year jumbo adjustable loan interest rates are averaging 5.32 percent, unchanged from the prior week’s average 1 year jumbo adjustable loan mortgage interest rate. 1 year jumbo refinance loan mortgage rates today are unchanged at 5.32 percent.

3 year adjustable jumbo mortgage rates today are higher averaging 4.06 percent, down from last week’s average 3 year jumbo adjustable loan rate of 4.08 percent. 3 year refinance jumbo mortgage rates today are also lower at 4.06 percent.

5 year adjustable jumbo mortgage rates today are averaging 3.46 percent, down from last week’s average mortgage rate of 3.65 percent. 5 year jumbo mortgage refi rates today are also lower averaging 3.46 percent.

7 year jumbo adjustable mortgage rates today are averaging 4.31 percent, up from last week’s average 7 year home mortgage loan rate of 4.30 percent. 7 year jumbo refinance mortgage rates today are also higher, averaging 4.31 percent.

10 year loan jumbo loan interest rates are averaging 4.75 percent, down from the prior week’s average 10 year jumbo home mortgage rate of 4.79 percent. 10 year jumbo home loan refinance interest rates today are also lowe5 averaging 4.79 percent.

Conventional Interest Only Adjustable Home Mortgage Rates

3 year interest only adjustable mortgage loan rates today are averaging 3.39 percent, down from last week’s average interest only mortgage loan rate of 3.451 percent. 3 year interest only adjustable refinance mortgage rates are also at 3.39 percent.

5 year interest only adjustable loan rates are averaging 3.25 percent, down from last week’s average five year interest only mortgage loan rate of 3.34 percent.  5 year interest only adjustable refinance mortgage rates are also averaging 3.25 percent.

7 year interest only adjustable mortgage loan rates are averaging 3.46 percent, down from last week’s average 7 year interest-only mortgage interest rate of 3.49 percent. 7 year adjustable refinance rate mortgages today are averaging 3.46 percent.

Jumbo IO Home Adjustable Mortgage Rates Today

3 year jumbo interest only adjustable mortgage rates today are averaging 4.46 percent, down from last week’s average jumbo adjustable interest only mortgage rate of 4.48 percent. 3 year interest only adjustable jumbo refinance rates today are averaging 4.46 percent.

5 year adjustable jumbo loan interest only mortgage rates today are averaging 4.01 percent, up from last week’s average IO home mortgage interest rate of 4.00 percent. 5 year jumbo adjustable IO loan rates are also higher averaging 4.01 percent.

7 year jumbo IO loan adjustable mortgage rates are averaging 4.66 percent, up from an average jumbo 7 year home mortgage rate of 4.58 percent last week. Current 7 year jumbo adjustable interest-only mortgage rates today are also averaging 4.66 percent.

Home Equity Loan Rates Today

Current 10 year home equity loan rates are averaging 6.677 percent, unchanged from the previous week’s average home equity loan rate.

15 year home equity rates today are averaging 7.063 percent, unchanged from last week’s average home equity rate.

HELOC Rates Today

Home equity line of credit rates are averaging 5.17 percent, unchanged from last week’s average HELOC rate.