Mortgage rates continue to hover near all-time lows. 10 year bond yields did break back above 3.00 percent last week closing the week at 3.05 percent. The increase in 10 year Treasury yields wasn't enough to send mortgage rates higher. We might see mortgage rates go even lower this week. The dollar strengthened this morning as investors wait second quarter company earnings of U.S. companies for clues about the economy. Mortgage rates have gone down considerably over the past few weeks because of concern the U.S. economy is slowing down quickly.

Searching for mortgage rates and refinance rates? Use our mortgage rate tables at MortgageRates.MonitorBankRates.com to find current mortgage rates in your state. Unlike most websites no personal information is needed to display a list of mortgage rates.

Record low mortgage rates can't seem to help the housing marketor the mortgage refinance market. New home sales in May dropped to the lowest level even though conforming 30 year mortgage rates were under 5.00 percent. The number of people refinancing their mortgage is half the level it was in the spring of 2009 when mortgage rates were higher.

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

4.894%

15-Year Fixed

4.750%

$3,839

Includes 0.686 points for $2,744

Lender Fees: $1,095

$3,112 /mo

Next >

NMLS #757416

5.005%

15-Year Fixed

4.875%

$3,436

Includes 0.859 points for $3,436

Lender Fees: $0

$3,138 /mo

Next >

NMLS #1025894

5.011%

15-Year Fixed

4.875%

$3,608

Includes 0.902 points for $3,608

Lender Fees: $0

$3,138 /mo

Next >

NMLS #2473786

5.104%

5-Year ARM

5.000%

$4,755

Includes 0.915 points for $3,660

Lender Fees: $1,095

$2,148 /mo

Next >

NMLS #1928741

5.106%

15-Year Fixed

4.990%

$3,052

Includes 0.763 points for $3,052

Lender Fees: $0

$3,162 /mo

Next >

NMLS #6606

5.398%

15-Year Fixed

5.250%

$3,884

Includes 0.971 points for $3,884

Lender Fees: $0

$3,216 /mo

Next >

NMLS #2473786

5.719%

30-Year Fixed

5.625%

$4,127

Includes 0.758 points for $3,032

Lender Fees: $1,095

$2,303 /mo

Next >

NMLS #757416

5.828%

30-Year Fixed

5.750%

$3,404

Includes 0.851 points for $3,404

Lender Fees: $0

$2,335 /mo

Next >

NMLS #1025894

5.921%

30-Year Fixed

5.875%

$2,004

Includes 0.501 points for $2,004

Lender Fees: $0

$2,367 /mo

Next >

NMLS #1928741

5.923%

30-Year Fixed

5.875%

$2,092

Includes 0.523 points for $2,092

Lender Fees: $0

$2,367 /mo

Next >

NMLS #399799

6.086%

30-Year Fixed

6.000%

$3,831

Includes 0.626 points for $2,504

Lender Fees: $1,327

$2,399 /mo

Next >

NMLS #6606

6.091%

30-Year Fixed

6.000%

$3,904

Includes 0.976 points for $3,904

Lender Fees: $0

$2,399 /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.

Jumbo mortgage rates have also come down considerably recently. A couple of years ago during the financial crisis most banks were not even offering jumbo mortgage rates for home buyers or to people refinancing a jumbo mortgage. Jumbo rate are once again available and just above 5.00 percent at 5.25 percent.

Mortgage Rates Today

30 year conforming mortgage rates are averaging 4.67 percent this week, unchanged from the previous week's average 30 year mortgage rate. 30 year mortgage refinance rates are also averaging 4.67 percent this week.

Current conforming 15 year mortgage rates are up slightly this week. The average 15 year mortgage rate is at 4.18 percent, up from last week's average 15 year mortgage interest rate of 4.16 percent. Today's 15 year mortgage refinance rates are higher averaging 4.18 percent.

Jumbo Mortgage Rates

30 year jumbo mortgage rates are averaging 5.25 percent this week, down from last week's average 30 year jumbo mortgage rate of 5.33 percent.  The current average 30 year jumbo refinance rates are also at 5.25 percent this week.

Current 15 year jumbo loan rates today are averaging 4.79 percent, a decrease from last week’s average jumbo mortgage interest rate of 4.84 percent. 15 year jumbo refinance mortgage rates today are also lower averaging 4.79 percent.

Adjustable Mortgage Rates

Current 1 year conforming adjustable mortgage rates are averaging 3.56 percent, unchanged from last week’s average 1 year adjustable interest mortgage rate. Today’s 1 year conforming adjustable refinance mortgage interest rates are also averaging 3.56.

Today's 3 year adjustable conforming mortgage rates are at 4.01 percent this week, down from the previous week's average 3 year adjustable rate mortgage of 4.21 percent. 3 year mortgage refinance rates today are also higher this week, averaging 4.01 percent.

5 year adjustable mortgage loan rates today are averaging 3.62 percent, up  from the prior week’s average home loan rate of 3.54 percent. 5 year refinance home mortgage rates today are also up averaging 3.62 percent.

7 year adjustable mortgage rates are averaging 3.87 percent this week, down from last week’s average 7 year home mortgage rate of 3.90 percent. Today’s 7 year mortgage refinance rates are also lower averaging 3.87 percent.

10 year adjustable mortgage bank rates are averaging 4.14 percent this week, down from the previous week’s average 10 year adjustable mortgage rate of 4.20 percent.  Current10 year home mortgage refinance rates are also lower, averaging 4.14 percent.

Adjustable Jumbo Mortgage Rates

1 year jumbo adjustable mortgage loan rates are averaging 5.95 percent, no change from last week’s average 1 year adjustable jumbo interest mortgage rate. Current 1 year jumbo refinance mortgage rates are also averaging 5.95 percent.

Today's 3 year jumbo adjustable mortgage interest rates are averaging 4.61 percent, down from last week’s average jumbo interest mortgage rate of 4.73 percent. Current 3 year jumbo refinance mortgage rates are also lower, averaging 4.61 percent.

Current 5 year jumbo adjustable home mortgage rates are averaging 4.06 percent this week, up from last week’s average mortgage rate of 4.03 percent. Current 5 year jumbo refinance rates are also up slightly averaging 4.06 percent.

7 year jumbo adjustable mortgage rates current are averaging 4.68 percent, down from last week’s average 7 year home mortgage rate of 4.71 percent. Current 7 year jumbo refinance rates today are also down to 4.68 percent.

Currently, 10 year jumbo mortgage rates are averaging 5.26 percent, a decline from the prior week’s average 10 year jumbo home mortgage rates of 5.43 percent. Current 10 year jumbo home loan refinance rates are also averaging 5.26 percent.

Interest Only Mortgage Rates Conventional

Current 3 year interest only mortgage rates are averaging 4.23 percent, down from last week’s average interest only mortgage loan rate of 4.42 percent.

Current 5 year interest only mortgage rates today are averaging 3.76 percent, up from last week’s average five year interest only mortgage loan rate of 3.67 percent.

7 year interest only home mortgage rates today are averaging 4.02 percent, unchanged from last week’s average 7 year IO mortgage rate.

Interest Only Jumbo Mortgage Rates

3 year jumbo interest only loan mortgage rates are averaging 5.16 percent, down from last week’s average jumbo interest only mortgage rate of 5.27 percent.

5 year jumbo interest only home loan rates are at 4.52 percent, down from an average IO home mortgage rate of 4.54 percent.

7 year jumbo IO mortgage rates today are averaging 4.95 percent, up from an average jumbo 7 year home mortgage rate of 4.81 percent last week.

Home Equity Loan Rates Today

Current 10 year home equity loan rates are averaging 7.115 percent, unchanged from last week’s average home equity loan rate.

Today’s 15 year home equity rates are averaging 7.433 percent this week, no change from last week’s average home equity loan rate.

Home Equity Line of Credit Rates Current

Current average home equity line of credit rates (HELOC) are at 4.777 percent this week, unchanged from last week’s average HELOC rate.

You can find a list of current mortgage rates in your state at MonitorBankRates.com. Browse a listing of mortgage rates without even given us your email address.