Mortgage Rates are Higher but not for Long: 30 Year Mortgage Rates at 4.05%

Conforming mortgage rates are higher and jumbo mortgage rates are lower this week over last. Average 30 year mortgage rates are at 4.05%, an increase from last week's record low of 4.00%. Treasury yields are lower today which will send mortgage rates lower in the coming days. We might see 30 year conforming mortgage rates break 4.00% in the next couple of days. 15 year mortgage rates are also higher this week averaging 3.34%, an increase from last week's average 15 year rate of 3.24%.

Search and compare mortgage rates today from several lenders by using our rate tables here: Today’s Mortgage Rates. Unlike most websites, no personal information is needed to view a list of mortgage rates.

Current 30 year jumbo mortgage rates are averaging 4.46%, down from last week’s average 30 year jumbo mortgage rate of 4.58%. 15 year jumbo mortgage rates today are averaging 3.82%, a decrease from last week’s average 15 year jumbo mortgage rate of 3.84%.

Mortgage Rates

Conforming Adjustable Mortgage Rates Today

1 year adjustable mortgage rates today are averaging 3.65%, up from last week’s average 1 year adjustable jumbo mortgage rate of 3.63%.

3 year adjustable mortgage rates today are averaging 2.97%, down from last week’s average 3 year adjustable mortgage rate of 3.18%.

5 year adjustable mortgage rates are averaging 2.99%, down from the prior week’s average 5 year adjustable rate of 3.25%.

Current 7 year adjustable mortgage rates are averaging 3.30%, up from the previous week’s average 7 year adjustable mortgage rate of 3.24%.

10 year adjustable mortgage rates currently are averaging 3.59%, an increase from last week’s average 10 year adjustable rate of 3.55%.

Adjustable Jumbo Mortgage Rates Currently

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

3 year adjustable jumbo rates today are averaging lower at 3.55%, up from last week’s average 3 year jumbo adjustable rate of 3.39%.

5 year adjustable jumbo mortgage rates and refinance rates currently are averaging 3.21%, up from last week’s average jumbo adjustable rate of 3.10%.

7 year jumbo adjustable mortgage rates and refinance rates today are averaging 3.54%, up from last week’s average 7 year adjustable home loan rate of 3.42%.

10 year jumbo loan rates and refi rates are averaging 3.89%, down from the prior week’s average 10 year jumbo home mortgage loan rate of 3.94%.

Current Conventional Interest Only Adjustable Mortgage Rates

3 year interest only adjustable mortgage loan rates and refinancing rates are averaging 3.21%, up from last week’s average interest only mortgage loan rate of 3.43%.

5 year IO adjustable loan mortgage rates and mortgage refinance rates are averaging 3.23%, up from last week’s average five year interest only mortgage rate of 3.18%.

7 year interest only adjustable mortgage rates and refinance rates are averaging 3.49%, up from last week’s average 7 year interest-only mortgage interest rate of 3.36%.

Interest Only Jumbo Mortgage Rates Todays

Today’s 3 year jumbo interest only adjustable loan rates are averaging 3.76%, up from last week’s average jumbo adjustable interest only rate of 3.54%.

Current 5 year adjustable jumbo interest only rates are averaging 3.46%, down from last week’s average IO home mortgage interest rate of 3.47%.

Today’s 7 year jumbo interest only adjustable rates are averaging 3.73%, up from last week’s average jumbo 7 year home mortgage loan rate of 3.67%.

Home Equity Loan Rates

10 year home equity loan rates are averaging 6.60%, down from last week’s average home equity loan rate of 6.66%.

15 year home equity rates are averaging 6.58%, down from last week’s average home equity loan rate of 6.64%.

HELOC Rates

 
Author: Brian McKay
October 3rd, 2011