Mortgage Interest Rates: Today’s 30 Year Mortgage Rates at 4.97% – 15 Year Mortgage Rates at 4.40%

30 year mortgage interest rates headed higher this week over last week, following U.S. Treasury yields move higher. This is the second consecutive week of increases. Even with the increase, today's mortgage interest rates are still incredibly low and will probably hover around these ranges until the first quarter of 2010. 

Current 30-year mortgage rates increased to 4.97% this week, a slight increase from last week's average 30 year rate of 4.95%. This week is the fifth consecutive week 30 year mortgage rates stayed below 5.00% in MBR's Weekly Mortgage Rates Survey. An all-time low of 4.85% was set the week of November 30, 2009.

15 year mortgage rates remained unchanged at 4.40%. This is the seventh consecutive week 15 year mortgage interest rates remained below 4.50%. An all-time low of 4.35% was set the week of November 30, 2009. The most recent high of 5.20% was set back in June of 2009.

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 ICB'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

5.353%

15-Year Fixed

5.125%

$6,000

Includes 1.000 points for $4,000

Lender Fees: $2,000

$3,190 /mo

Next >

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

Next >

NMLS #1025894

5.634%

15-Year Fixed

5.490%

$3,760

Includes 0.765 points for $3,060

Lender Fees: $700

$3,267 /mo

Next >

NMLS #6606

5.884%

15-Year Fixed

5.740%

$3,732

Includes 0.933 points for $3,732

Lender Fees: $0

$3,320 /mo

Next >

NMLS #1835285

6.266%

30-Year Fixed

6.125%

$6,000

Includes 1.000 points for $4,000

Lender Fees: $2,000

$2,431 /mo

Next >

NMLS #1835285

6.371%

5-Year ARM

6.250%

$5,112

Includes 0.778 points for $3,112

Lender Fees: $2,000

$2,463 /mo

Next >

NMLS #1025894

6.582%

30-Year Fixed

6.490%

$3,856

Includes 0.789 points for $3,156

Lender Fees: $700

$2,526 /mo

Next >

NMLS #6606

6.715%

30-Year Fixed

6.625%

$3,708

Includes 0.927 points for $3,708

Lender Fees: $0

$2,562 /mo

Next >

NMLS #401822

6.746%

30-Year Fixed

6.625%

$4,995

Includes 0.750 points for $3,000

Lender Fees: $1,995

$2,562 /mo

Next >

NMLS #3030

6.784%

15-Year Fixed

6.625%

$4,000

Includes 1.000 points for $4,000

Lender Fees: $0

$3,512 /mo

Next >

NMLS #3030

7.476%

30-Year Fixed

7.375%

$4,000

Includes 1.000 points for $4,000

Lender Fees: $0

$2,763 /mo

Next >

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.

Looking for current rates? Mortgage rates including jumbo rates can be found in your state or zip code by using our bank mortgage rate tables. Mortgage Rates

Current Mortgage Rates

Conforming Fixed Rate Mortgages

• 30 year mortgage rates increased to 4.97% this week, down from the prior week’s average home loan rate of 4.95%.
• 15 year mortgage interest rates were unchanged at 4.40% this week.

Jumbo Rate Mortgages

• The average 30 year jumbo mortgage rate are at 5.73% this week, down from the previous week’s mortgage rate of 5.74%.
• The average 15 year jumbo rate mortgage is at 5.19% this week, up from the prior week’s interest loan rate of 5.18%.

Adjustable Mortgage Rates - Conforming

• One year adjustable mortgage rates are averaging at 4.22% this week, down considerably from last week’s when one year home loans averaged 4.51%.
• Three year adjustable mortgage interest rates are averaging 4.40%, down from last week’s average loan interest rate of 4.42%.
• Five year mortgage rates remain unchanged this week at 4.19%.
• Seven year adjustable home loans are down to 4.57% this week, down from last week’s average loan rate of 4.58%.
• Current ten year rates are averaging 5.04%, down from the previous week’s average home finance rate of 5.07%.

Adjustable Mortgage Rates - Jumbo

• Today’s one year jumbo adjustable rate mortgages are averaging 5.53% this week, up from the prior week’s average mortgage finance rate of 5.48%.
• Three year jumbo ARMs are at 5.40% this week, down from last week’s adjustable rate of 5.26%.
• The average five year jumbo ARM  is at 5.05% this week, down from the prior week’s average rate on a five year jumbo mortgage 0f 5.07%.
• Seven year jumbo ARMs are averaging 5.53%, unchanged from the previous week’s seven year adjustable rate.
• 10 year jumbo ARMs are averaging 6.06 percent, up from last week’s average mortgage rate of 5.96 percent.

Interest Only Mortgage Rates - Conventional

• Average three year interest only mortgage rates are averaging 4.52% this week, down from last week's average interest rate of 4.56%.
• Five year interest only loans are averaging 4.30 percent, down from last week when five year interest only mortgages averaged 4.32%.
• Seven year IO mortgages are averaging 4.78 percent this week, down slightly from last week’s average of 4.79%.

Interest Only Mortgage Rates - Jumbo

• Three year jumbo interest only mortgages are averaging 5.52% this week, up from last week’s jumbo interest mortgage average rate of 5.38%.
• Five year jumbo IO loans are averaging 5.45 percent, down from last week’s average IO mortgage rate of 5.47 percent.
• The average jumbo seven year IO mortgage is at 5.90 percent, up from last week’s average jumbo rate of 5.894 percent.

Home Equity loan Rates

• The average home equity loan rate was down this week over last week. 10 year home equity loan rates decreased to 7.483% this week, down from last week’s average equity home loan rate of 7.488%. 15 year home equity rates decreased to 7.611%, down from the prior week’s average equity loan rate of 7.615%.

Home Equity Line of Credit (HELOC Rates)

• Average home equity line of credit rates were are up slightly this week. The average HELOC rate this week is 4.902%, up from last week’s average HELOC rate of 4.900%.

Looking for mortgage rates? Current mortgage rates including jumbo rates can be found in your state or zip code by using our bank mortgage rate tables. Find Mortgage Rates