Mortgage Rates April 18: Weekly Average Mortgage Rates

Mortgage rates are mixed in the latest MonitorBankRates.com Mortgage Rate Survey. The biggest increase in rates week over week was on 1 year jumbo adjustable mortgage rates. Rates on 1 year jumbo ARMs increased 80 basis points to 4.05%, up from last week's average of 3.25%. Other rate fluctuations this week were less pronounced.

30 year conforming mortgage rates are averaging 4.83%, down from last week’s average 30 year mortgage rate of 4.85%. 30 year rates in New Jersey are higher than the national average rate. Today's average for 30 year rates in New Jersey is 4.89%.

Conforming 15 year mortgages are higher in this week's rate survey. Current 15 year rates are averaging 4.18%, up from last week’s average 15 year rate of 4.11 percent. Average 15 year rates in Tennessee are lower than the national average. Today's 15 year rates in TN are averaging 4.15%.

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 #78669

5.392%

15-Year Fixed

5.125%

$7,222

Includes 0.701 points for $2,804

Lender Fees: $4,418

$3,190 /mo

Next >

NMLS #2641203

5.492%

15-Year Fixed

5.375%

$3,056

Includes 0.764 points for $3,056

Lender Fees: $0

$3,242 /mo

Next >

NMLS #1835285

5.509%

15-Year Fixed

5.375%

$3,500

Includes 0.875 points for $3,500

Lender Fees: $0

$3,242 /mo

Next >

NMLS #1701910

5.547%

15-Year Fixed

5.375%

$4,490

Includes 0.750 points for $3,000

Lender Fees: $1,490

$3,242 /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 #274058

5.556%

15-Year Fixed

5.375%

$4,746

Includes 0.664 points for $2,656

Lender Fees: $2,090

$3,242 /mo

Next >

NMLS #757416

5.612%

15-Year Fixed

5.500%

$2,908

Includes 0.727 points for $2,908

Lender Fees: $0

$3,269 /mo

Next >

NMLS #1067

5.642%

15-Year Fixed

5.490%

$3,944

Includes 0.986 points for $3,944

Lender Fees: $0

$3,267 /mo

Next >

NMLS #1025894

5.667%

15-Year Fixed

5.490%

$4,600

Includes 0.975 points for $3,900

Lender Fees: $700

$3,267 /mo

Next >

NMLS #181106

License: Licensed

5.741%

15-Year Fixed

5.625%

$2,995

Includes 0.500 points for $2,000

Lender Fees: $995

$3,295 /mo

Next >

NMLS #78669

6.178%

5-Year ARM

6.000%

$7,842

Includes 0.856 points for $3,424

Lender Fees: $4,418

$2,399 /mo

Next >

NMLS #78669

6.523%

30-Year Fixed

6.375%

$6,398

Includes 0.495 points for $1,980

Lender Fees: $4,418

$2,496 /mo

Next >

NMLS #1835285

6.572%

30-Year Fixed

6.500%

$3,000

Includes 0.750 points for $3,000

Lender Fees: $0

$2,529 /mo

Next >

NMLS #2561451

6.591%

30-Year Fixed

6.490%

$4,287

Includes 0.573 points for $2,292

Lender Fees: $1,995

$2,526 /mo

Next >

NMLS #1067

6.594%

30-Year Fixed

6.500%

$3,944

Includes 0.986 points for $3,944

Lender Fees: $0

$2,529 /mo

Next >

NMLS #757416

6.596%

30-Year Fixed

6.500%

$3,984

Includes 0.996 points for $3,984

Lender Fees: $0

$2,529 /mo

Next >

NMLS #274058

6.638%

5-Year ARM

6.500%

$5,766

Includes 0.919 points for $3,676

Lender Fees: $2,090

$2,529 /mo

Next >

NMLS #2641203

6.682%

30-Year Fixed

6.625%

$2,352

Includes 0.588 points for $2,352

Lender Fees: $0

$2,562 /mo

Next >

NMLS #181106

License: Licensed

6.697%

30-Year Fixed

6.625%

$2,995

Includes 0.500 points for $2,000

Lender Fees: $995

$2,562 /mo

Next >

NMLS #1025894

6.720%

30-Year Fixed

6.625%

$3,916

Includes 0.804 points for $3,216

Lender Fees: $700

$2,562 /mo

Next >

NMLS #274058

6.742%

30-Year Fixed

6.625%

$4,842

Includes 0.688 points for $2,752

Lender Fees: $2,090

$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 >

NMLS #399799

6.848%

30-Year Fixed

6.750%

$4,164

Includes 0.709 points for $2,836

Lender Fees: $1,328

$2,595 /mo

Next >

NMLS #3030

6.869%

15-Year Fixed

6.750%

$3,000

Includes 0.750 points for $3,000

Lender Fees: $0

$3,540 /mo

Next >

NMLS #401822

6.884%

30-Year Fixed

6.750%

$5,495

Includes 0.875 points for $3,500

Lender Fees: $1,995

$2,595 /mo

Next >

NMLS #1835285

7.081%

5-Year ARM

7.000%

$3,292

Includes 0.823 points for $3,292

Lender Fees: $0

$2,662 /mo

Next >

NMLS #3030

7.589%

30-Year Fixed

7.500%

$3,500

Includes 0.875 points for $3,500

Lender Fees: $0

$2,797 /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.

30 year jumbo mortgage rates today are averaging 5.34%, up from last week’s average jumbo loan rate of 5.32%. 30 year jumbo interest rates in Texas are considerably higher than the national average. Current 30 year jumbo rates in TX are averaging 5.57%.

15 year jumbo mortgage rates are averaging 4.73%, up from the prior week’s average jumbo rate of 4.71%. The average 15 year rate on jumbo mortgages in Alaska is lower than the national average. Today's 15 year jumbo rates in AK are averaging 4.55%.

Conforming Adjustable Mortgage Rates

The current average rate on 1 year adjustable loans is averaging 2.95 percent, up from last week’s average 1 year adjustable rate of 2.92 percent.

3 year adjustable mortgage refinance rates and adjustable mortgage rates are averaging 3.45 percent, down from last week’s average 3 year rate of 3.59 percent.

Current rates on 5 year ARMs are averaging 3.30 percent, down from the prior week’s average rate of 3.48 percent.

Refinance rates and mortgage rates on 7 year adjustable home loans are averaging 3.71 percent, down from the previous week’s average of 3.84 percent.

10 year adjustable loan rates are averaging 4.22 percent this week, down from last week’s average 10 year adjustable rate of 4.28 percent. Average refinance rates on 10 year home loans are also averaging 4.22 percent.

Adjustable Jumbo Mortgage Rates

Today’s 1 year jumbo adjustable loan rates are averaging 4.05 percent, up considerably from the prior week’s average 1 year jumbo adjustable rate of 3.25 percent. Jumbo refinance rates are also averaging 4.05 percent.

3 year adjustable jumbo rates are averaging 4.03 percent, up from last week’s average 3 year jumbo rate of 3.89 percent. Current refinance rates on 3 year jumbo loans are also higher, averaging 4.03 percent.

5 year adjustable jumbo interest rates today are averaging 3.73 percent, down from last week’s average jumbo adjustable rate of 3.92 percent. Today’s refinancing interest rates are also averaging 3.73 percent.

7 year jumbo adjustable loan rates are averaging 4.36 percent, down from last week’s average 7 year adjustable rate of 4.57 percent. 7 year jumbo refinance rates are also lower at 4.36 percent.

10 year jumbo loan rates are averaging 4.76 percent, down from the prior week’s average 10 year jumbo rate of 5.03 percent. 10 year jumbo refinance interest rates are also lower, averaging 4.76 percent.

Conforming Interest Only Adjustable Mortgage Rates

3 year interest only adjustable rates are averaging 3.57 percent, down from last week’s average loan rate of 3.71 percent. 3 year interest only adjustable refi rates are also averaging 3.57 percent.

5 year interest only ARMs are averaging 3.50 percent, down from last week’s average 5 year rate of 3.47 percent. 5 year IO adjustable refinance mortgage loan rates are also averaging 3.50 percent.

7 year interest-only adjustable mortgage loan rates are averaging 4.04 percent, down from last week’s average 7 year interest only mortgage rate of 4.05 percent. 7 year adjustable refi rates are averaging 4.04 percent.

Interest Only Jumbo Refinance Adjustable Mortgage Rates

3 year jumbo interest only loan rates are averaging 4.67 percent, up from last week’s average jumbo adjustable interest only rate of 4.49 percent. 3 year interest only adjustable jumbo refi rates are also averaging 4.67 percent.

5 year adjustable jumbo interest only rates are averaging 4.04 percent, down from last week’s average IO home mortgage interest rate of 4.30 percent. 5 year jumbo adjustable IO loan rates are also averaging 4.04 percent.

7 year jumbo interest only adjustable rates are averaging 4.65 percent, down from last week’s average jumbo rate of 4.85 percent. 7 year jumbo adjustable IO refi are also averaging 4.65 percent.

Home Equity Loan Rates

10 year home equity loan rates are averaging 6.64 percent, down slightly from last week’s average home equity loan rate of 6.65.

15 year home equity rates are averaging 6.50 percent, down from the prior week’s average home equity loan rate of 7.04  percent.

Home Equity Line of Credit Rates

Home equity line of credit rates are averaging 5.13 percent, no change from last week’s average rate HELOC rate.