Mortgage Interest Rates: Today’s Mortgage Rates are Higher

Mortgage interest rates rose this week over last week, reversing the down trend of  the past couple of weeks. Today's mortgage rates are still low compared to recent average mortgage rates of the past month.

The average rate for a 30-year mortgage hit a high of 5.51 percent on August 10th. The month's low for 30-year mortgage rates was 5.21 percent, set on August 24th.

10-year Treasury yields started the month of August at 3.50 percent, hit a high of 3.85 percent on August 7th and have been drifting down the rest of the month. Today's 10-year Treasury yields are at 3.43 percent.

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 #1981224

5.300%

15-Year Fixed

5.000%

$7,944

Includes 0.986 points for $3,944

Lender Fees: $4,000

$3,164 /mo

Next >

NMLS #1025894

5.631%

15-Year Fixed

5.490%

$3,676

Includes 0.744 points for $2,976

Lender Fees: $700

$3,267 /mo

Next >

NMLS #757416

5.637%

15-Year Fixed

5.490%

$3,820

Includes 0.955 points for $3,820

Lender Fees: $0

$3,267 /mo

Next >

NMLS #613839

5.680%

15-Year Fixed

5.490%

$4,955

Includes 0.767 points for $3,068

Lender Fees: $1,887

$3,267 /mo

Next >

NMLS #2273319

License: CA-DOC902467

5.681%

15-Year Fixed

5.500%

$4,722

Includes 0.658 points for $2,632

Lender Fees: $2,090

$3,269 /mo

Next >

NMLS #1701910

5.808%

15-Year Fixed

5.750%

$1,490

Includes 0.000 points for $0

Lender Fees: $1,490

$3,322 /mo

Next >

NMLS #1981224

6.057%

5-Year ARM

5.875%

$7,880

Includes 0.970 points for $3,880

Lender Fees: $4,000

$2,367 /mo

Next >

NMLS #401822

6.214%

15-Year Fixed

6.000%

$5,495

Includes 0.875 points for $3,500

Lender Fees: $1,995

$3,376 /mo

Next >

NMLS #1981224

6.312%

30-Year Fixed

6.125%

$8,000

Includes 1.000 points for $4,000

Lender Fees: $4,000

$2,431 /mo

Next >

NMLS #2473786

6.483%

30-Year Fixed

6.375%

$4,539

Includes 0.861 points for $3,444

Lender Fees: $1,095

$2,496 /mo

Next >

NMLS #2561451

6.484%

30-Year Fixed

6.375%

$4,671

Includes 0.669 points for $2,676

Lender Fees: $1,995

$2,496 /mo

Next >

NMLS #757416

6.577%

30-Year Fixed

6.490%

$3,624

Includes 0.906 points for $3,624

Lender Fees: $0

$2,526 /mo

Next >

NMLS #1025894

6.599%

30-Year Fixed

6.490%

$4,548

Includes 0.962 points for $3,848

Lender Fees: $700

$2,526 /mo

Next >

NMLS #613839

6.610%

30-Year Fixed

6.490%

$5,019

Includes 0.783 points for $3,132

Lender Fees: $1,887

$2,526 /mo

Next >

NMLS #2273319

License: CA-DOC902467

6.646%

5-Year ARM

6.500%

$6,086

Includes 0.999 points for $3,996

Lender Fees: $2,090

$2,529 /mo

Next >

NMLS #399799

6.719%

30-Year Fixed

6.625%

$4,032

Includes 0.676 points for $2,704

Lender Fees: $1,328

$2,562 /mo

Next >

NMLS #2273319

License: CA-DOC902467

6.741%

30-Year Fixed

6.625%

$4,818

Includes 0.682 points for $2,728

Lender Fees: $2,090

$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 #1701910

6.786%

30-Year Fixed

6.750%

$1,490

Includes 0.000 points for $0

Lender Fees: $1,490

$2,595 /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 Mortgage Rates? MonitorBankRates.com has mortgage rate tables you can use to find the best mortgage rates in your zip code. Mortgage Rate Here

Today's Mortgage Interest Rates

The average rate for 30-year and 15-year conventional mortgages were up this past week. The average jumbo mortgage rate was down for  jumbo 30-year rates and jumbo 15-year rates. Adjustable rate mortgages were up for conventional mortgage rates and jumbo mortgage rates, except for 10/1 conforming mortgage rates and 10/1 jumbo mortgage rates.

The average conforming 30-year mortgage rate is currently at 5.28 percent, up from last week's average mortgage interest rate of 5.21 percent. Conventional 15-year fixed mortgage rates are at 4.69 percent, up from the prior week's average rate of 4.62 percent.

Jumbo Rate Mortgages

Jumbo mortgage rates bucked the trend of higher interest rates, the current mortgage rate of 30-year jumbo loans are at 6.11 percent, down from the previous week's average rate of 6.14 percent. 15-year jumbo mortgage rates are averaging 5.73 percent today, down from last week's average rate of 5.80 percent.

Current Adjustable Mortgage Rates

Adjustable rate mortgages were up this past week.  Shorter term mortgage rates jumped up more than longer term mortgage rates. The average rate on a conforming one-year ARM is at 4.38 percent, up from the prior week's average rate of 4.27 percent. One-year jumbo mortgages are averaging 4.91 percent, up from last week's average mortgage rate of 4.81 percent.

The average rate on a conforming 3/ ARM is at 4.58 percent this week, up from last week's average loan rate of 4.50 percent. Jumbo 3/1 ARMs are averaging 5.40 percent, up from 5.38 percent.

5/1 conforming ARMs are averaging 4.47 percent, up from the prior week's average rate of 4.34 percent. Jumbo 5/1 ARMs are averaging 5.26 percent, up from last week's average mortgage loan rate of 5.16 percent.

The average home loan rate for a 7/1 conforming ARM is at 4.83 percent, up slightly from last week's rate of 4.82 percent. The average 7/1 jumbo mortgage rate is at 5.81 percent, up from 5.72 percent the prior week.

10/1 conforming ARMs are averaging 5.23 percent, down from the previous week's average rate of 5.24 percent. Jumbo rates on 10/1 ARMs are averaging 6.23 percent, down from 6.30 percent the prior week.