Mortgage Rates, 30 Year Mortgage Rates at 3.88%, 15 Year Rates at 3.17%
Adjustable mortgage rates on 5 year adjustable loans averaged 2.82%, unchanged from the prior week's average 5 year adjustable mortgage rate. 1 year adjustable mortgage rates today averaged 2.74%, down from last week's average 1 year adjustable mortgage rate of 2.76%. Following is a more in-depth mortgage rate survey released by Monitor Bank Rates earlier this week: Mortgage RatesConforming Adjustable Mortgage Loans - Current Mortgage Rates Today1 year adjustable bank mortgage rates today are averaging 3.61%, down slightly from last week’s average 1 year adjustable mortgage rate of 3.62%. 3 year adjustable current mortgage rates today are averaging 2.77%, up from last week’s average 3 year adjustable mortgage rate of 2.68%. 5 year adjustable mortgage rates are averaging 2.72%, up from the prior week’s average 5 year adjustable rate of 2.62%. Current 7 year adjustable mortgage rates are averaging 2.98%, up from the previous week’s average 7 year adjustable mortgage rate of 2.96%. 10 year adjustable mortgage rates currently are averaging 3.47%, down from last week’s average 10 year adjustable rate of 3.48%. Adjustable Jumbo Home Loans – Today’s Mortgage RatesCurrent 1 year adjustable jumbo mortgage rates are averaging 4.50%, unchanged from last week’s average adjustable jumbo mortgage rate. 3 year adjustable jumbo rates today are averaging lower at 3.36%, up from last week’s average 3 year jumbo adjustable rate of 3.35%. 5 year adjustable jumbo mortgage rates and refinance rates currently are averaging 2.90%, up from last week’s average jumbo adjustable rate of 2.86%. 7 year jumbo adjustable mortgage rates and refinance rates today are averaging 3.40%, down from last week’s average 7 year adjustable home loan rate of 3.46%. 10 year jumbo loan rates and refi rates are averaging 3.67%, down from the prior week’s average 10 year jumbo home mortgage loan rate of 3.73%. Conforming IO Adjustable Home Loans – Mortgage Rates – Today’s3 year interest only adjustable mortgage loan rates and refinancing rates are averaging 3.36%, up from last week’s average interest only mortgage loan rate of 3.11%. 5 year IO adjustable loan mortgage rates and mortgage refinance rates are averaging 2.89%, no change from last week’s average five year interest only mortgage rate. 7 year interest only adjustable mortgage rates and refinance rates are averaging 3.15%, down from last week’s average 7 year interest-only mortgage interest rate of 3.17%. IO Jumbo Mortgage Loans – Current Mortgage Interest RatesToday’s 3 year jumbo interest only adjustable loan rates are averaging 3.64%, no change from last week’s average jumbo adjustable mortgage interest rate. Current 5 year adjustable jumbo interest only rates are averaging 3.27%, down from last week’s average IO home mortgage interest rate of 3.33%. Today’s 7 year jumbo interest only adjustable rates are averaging 3.54%, down from last week’s average jumbo 7 year home mortgage loan rate 3.61%. Home Equity Loan Rates10 year home equity loan rates are averaging 6.23%, no change from last week’s average home equity loan rate. 15 year home equity rates are averaging 6.38%, unchanged from last week’s average home equity loan rate. Home Equity Line of CreditHome equity line of credit rates currently are averaging 4.84%, no change from last week’s average rate HELOC rate. |