Long Term Rates Higher: 15 Year Rate Mortgages Averaging 4.20%

Fixed long term mortgage rates and refinance rates are mostly higher this afternoon except average rates on fixed 30 year mortgages. The current national average 30 year rate mortgage is 4.78 percent, down from yesterday when 30 year rate mortgages averaged 4.88 percent. 30 year mortgage interest rates and refinance interest rates in Utah are lower than the national average 30 year rate mortgage. The current 30 year rate in UT is averaging 4.75 percent.

15 year refinance rates and mortgage interest rates are averaging 4.20 percent, up from yesterday when 15 year rate mortgages averaged 4.12 percent. 15 year rates in Maine are slightly lower than the national average 15 year rate. Current 15 year rates in ME are averaging 4.18 percent.

30 year jumbo mortgage loan rates and 30 year jumbo refi rates are averaging 5.41 percent, up from yesterday's average 30 year jumbo rate of 5.33 percent. 30 year jumbo rates in California are higher than the national average rate. Current jumbo rates in CA are averaging 5.50 percent.

Loan Term
Lender
APR / Rate
Fees / Points
Payment
Direct Home Lending
NMLS #274058
5.552%
15-Year Fixed
5.375%
$4,638
Includes 0.637 points for $2,548
Lender Fees: $2,090
$3,242 /mo
PenFed Credit Union
NMLS #401822
5.554%
15-Year Fixed
5.250%
$8,000
Includes 1.000 points for $4,000
Lender Fees: $4,000
$3,216 /mo
Mutual of Omaha Mortgage, Inc.
NMLS #1025894
5.756%
15-Year Fixed
5.625%
$3,404
Includes 0.676 points for $2,704
Lender Fees: $700
$3,295 /mo
New American Funding, LLC.
NMLS #6606
5.884%
15-Year Fixed
5.740%
$3,732
Includes 0.933 points for $3,732
Lender Fees: $0
$3,320 /mo
Direct Home Lending
NMLS #274058
6.515%
5-Year ARM
6.375%
$5,894
Includes 0.951 points for $3,804
Lender Fees: $2,090
$2,496 /mo
Direct Home Lending
NMLS #274058
6.632%
30-Year Fixed
6.500%
$5,506
Includes 0.854 points for $3,416
Lender Fees: $2,090
$2,529 /mo
Mutual of Omaha Mortgage, Inc.
NMLS #1025894
6.721%
30-Year Fixed
6.625%
$3,956
Includes 0.814 points for $3,256
Lender Fees: $700
$2,562 /mo
PenFed Credit Union
NMLS #401822
6.770%
30-Year Fixed
6.625%
$5,995
Includes 1.000 points for $4,000
Lender Fees: $1,995
$2,562 /mo
Rocket Mortgage
NMLS #3030
6.889%
15-Year Fixed
6.750%
$3,500
Includes 0.875 points for $3,500
Lender Fees: $0
$3,540 /mo
New American Funding, LLC.
NMLS #6606
6.960%
30-Year Fixed
6.875%
$3,468
Includes 0.867 points for $3,468
Lender Fees: $0
$2,628 /mo
Rocket Mortgage
NMLS #3030
7.589%
30-Year Fixed
7.500%
$3,500
Includes 0.875 points for $3,500
Lender Fees: $0
$2,797 /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.

15 year jumbo mortgage loan rates and jumbo refinance rates are averaging at 4.80 percent, up from yesterday's average jumbo mortgage loan of 4.77 percent. 15 year jumbo mortgage interest rates and mortgage refinancing rates in South Carolina are lower averaging 4.61 percent.

 
Author: Brian McKay
January 4th, 2011

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