Mortgage Rates are Higher Once Again in MBA Mortgage Survey: 30 Year Mortgage Rates at 4.84%, 15 Year Mortgage Rates at 4.21%Mortgage rates are higher again in this week's mortgage survey released by the Mortgage Bankers Association. The average contract mortgage rate for 15 year mortgages is above 4.00 percent and at the highest point since June 2010. Mortgage rates today are even higher since the MBA's Weekly Mortgage Application Survey is for the week ending December 10, 2010. The average contract mortgage rate on 30 year home mortgage loans increased to 4.84 percent for the week ending December 10, 2010, up from the previous week’s average year mortgage rate of 4.66 percent. 30 year mortgage rates have increased for the fifth consecutive week and haven’t been higher in the survey since May, 2010. Average mortgage discount points on 30 year home mortgage loans increased to 1.34 points, an increase from the prior week’s average of 0.94 points. 15 year home mortgage rates increased to 4.21 percent for the week ending December 10, 2010, up from the previous week’s average 15 year home mortgage rate of 3.98 percent. Average mortgage discount points on 15 year home mortgage loans was 1.28 points, up from the previous week’s average of 0.97 points. Lender
APR / Rate
Fees / Points
Payment
$2,416
Includes 0.604 points for $2,416
Lender Fees: $0
$3,190 /mo
$4,646
Includes 0.899 points for $3,596
Lender Fees: $1,050
$3,216 /mo
$4,949
Includes 0.749 points for $2,996
Lender Fees: $1,953
$3,216 /mo
$2,640
Includes 0.660 points for $2,640
Lender Fees: $0
$3,242 /mo
$3,092
Includes 0.773 points for $3,092
Lender Fees: $0
$3,242 /mo
$4,068
Includes 0.842 points for $3,368
Lender Fees: $700
$3,242 /mo
$7,500
Includes 0.875 points for $3,500
Lender Fees: $4,000
$3,216 /mo
$3,500
Includes 0.875 points for $3,500
Lender Fees: $0
$2,399 /mo
$3,716
Includes 0.929 points for $3,716
Lender Fees: $0
$2,431 /mo
$3,650
Includes 0.650 points for $2,600
Lender Fees: $1,050
$2,463 /mo
$3,676
Includes 0.919 points for $3,676
Lender Fees: $0
$2,463 /mo
$2,564
Includes 0.641 points for $2,564
Lender Fees: $0
$2,496 /mo
$3,676
Includes 0.744 points for $2,976
Lender Fees: $700
$2,496 /mo
$4,401
Includes 0.612 points for $2,448
Lender Fees: $1,953
$2,496 /mo
$4,995
Includes 0.750 points for $3,000
Lender Fees: $1,995
$2,529 /mo
$5,793
Includes 0.960 points for $3,840
Lender Fees: $1,953
$2,529 /mo
$3,500
Includes 0.875 points for $3,500
Lender Fees: $0
$3,568 /mo
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.
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