Mortgage Rates: 9/14 Today’s Mortgage Rates Barely Changed, 30 Year Mortgage Rates at 4.17%

Mortgage rates barely changed today as mortgage applications for home loans increased this week. Mortgage rates today on 30 year conforming mortgages are averaging 4.17%, down from yesterday’s average mortgage rate of 4.20%. Near record low mortgage rates are causing demand for home loans to increase this week according to the Mortgage Bankers Association. In the MBA's Weekly Application Survey mortgage applications increased 6.3 percent from the prior week.

Current mortgage rates on 15 year mortgages are averaging 3.37%, unchanged from yesterday’s average 15 year mortgage rate.

Compare current mortgage rates by using our mortgage rate tables here: Current Mortgage Rates. Unlike most websites, no personal information is needed to view a list of mortgage rates.

30 year jumbo mortgages are averaging 4.47%, down from yesterday’s average 30 year jumbo mortgage rate of 4.53%. 15 year jumbo mortgage rates today are averaging 3.81%, down from last week’s average 15 year jumbo mortgage rate of 3.83%.

Following is a more in-depth mortgage rate report released by MonitorBankRates.com this past Monday:

Today's Mortgage Rates

Conforming Adjustable Mortgage Rates

1 year adjustable mortgage rates today are averaging 3.62%, down from last week’s average 1 year adjustable jumbo mortgage rate of 3.63%.

Current 3 year adjustable mortgage rates today are averaging 2.88%, down from last week’s average 3 year adjustable mortgage rate of 3.11%.

5 year adjustable mortgage rates are averaging 3.29%, up from the prior week’s average 5 year adjustable rate of 3.03%.

Today’s 7 year adjustable mortgage rates are averaging 3.10%, down from the previous week’s average 7 year adjustable mortgage rate of 3.16%.

10 year adjustable mortgage rates currently are averaging 3.52%, down from last week’s average 10 year adjustable rate of 3.58%.

Adjustable Jumbo Mortgage Rates

Current 1 year jumbo adjustable mortgage rates are averaging 4.05%, up from last week’s average adjustable jumbo mortgage rate of 3.46%.

3 year adjustable jumbo rates today are averaging lower at 3.56%, up from last week’s average 3 year jumbo adjustable rate of 3.36%.

5 year adjustable jumbo mortgage rates current are averaging 3.12%, down from last week’s average jumbo adjustable rate of 3.17%.

7 year jumbo adjustable mortgage loan rates are averaging 3.45%, down from last week’s average 7 year adjustable home loan rate of 3.49%.

10 year jumbo loan rates are averaging 3.95%, down from the prior week’s average 10 year jumbo home mortgage loan rate of 4.03%.

Current Conforming IO Adjustable Mortgage Rates

3 year interest only adjustable mortgage loan rates are averaging 3.17%, down from last week’s average interest only mortgage loan rate of 3.21%.

5 year IO adjustable loan mortgage rates are averaging 2.95%, down from last week’s average five year interest only mortgage rate of 3.09%.

7 year interest only adjustable mortgage loan rates are averaging 3.17%, down from last week’s average 7 year interest-only mortgage interest rate of 3.20%.

IO Jumbo Mortgage Rates Current 

Today’s 3 year jumbo interest only adjustable loan rates are averaging 3.59%, down from last week’s average jumbo adjustable interest only rate of 3.64%.

Current 5 year adjustable jumbo interest only rates are averaging 3.32%,  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 3.64%, down from last week’s average jumbo 7 year home mortgage loan rate of 3.71%.

Today's Home Equity Loan Rates

10 year home equity loan rates are averaging 6.73%, up from last week’s average home equity loan rate of 6.72%.

15 year home equity rates are averaging 6.62%, down from last week’s average home equity loan rate of 6.67%.

HELOC Rates Today

Home equity line of credit rates currently are averaging 5.03%, unchanged from last week’s average rate HELOC rate.

 
Author: Brian McKay
September 14th, 2011