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Mortgage Rates Ascend Today

Mortgage rates moved higher today but there were no big change in average mortgage rates. Current mortgage rates on 30 year home loans are averaging 4.10%, a slight from yesterday’s average 30 year mortgage rate of 4.09%. Mortgage rates today on 15 year home loans are averaging 3.38%, up from yesterday’s average 15 year mortgage rate of 3.37%. 

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Current mortgage rates on 30 year jumbo home mortgage loans are averaging 4.52%, a decline from yesterday’s average 30 year jumbo mortgage rate of 4.54%. 15 year jumbo mortgage rates are averaging 3.76%, an increase from yesterday’s average 15 year jumbo mortgage rate of 3.72%.

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Rate data provided by RateUpdate.com. Displayed by 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.

Mortgage Rates

Conforming Adjustable Home  Loans – Mortgage Rates Today

1 year adjustable mortgage rates today are averaging 3.79%, up from last week’s average 1 year adjustable jumbo mortgage rate of 3.77%.

3 year adjustable today’s mortgage rates are averaging 2.60%, down from last week’s average 3 year adjustable mortgage rate of 2.74%.

5 year adjustable mortgage rates are averaging 2.78%, a decrease from the prior week’s average 5 year adjustable rate of 2.82%.

Current 7 year adjustable mortgage rates currently are averaging 3.12%, no changed from the previous week’s average 7 year adjustable mortgage rate.

10 year adjustable mortgage rates currently are averaging 3.60%, unchanged from last week’s average 10 year adjustable rate.

Adjustable Jumbo Home Mortgage Loans – Mortgage Rates Today

Current 1 year jumbo adjustable mortgage rates are averaging 4.50%, up from last week’s average adjustable jumbo mortgage rate of 4.05%.

3 year adjustable jumbo mortgage rates today are averaging lower at 3.42%, down from last week’s average 3 year jumbo adjustable rate of 3.49%.

5 year adjustable jumbo mortgage rates and refinance rates currently are averaging 3.03%, up from last week’s average jumbo adjustable rate of 3.02%.

7 year jumbo adjustable mortgage rates and refinance rates today are averaging 3.57%, unchanged from last week’s average 7 year adjustable home loan rate.

10 year jumbo loan rates and refi rates are averaging 3.97%, up from the prior week’s average 10 year jumbo home mortgage loan rate of 3.96%.

Conforming Interest Only Adjustable Mortgage Lending Rates – Current Mortgage Rates

3 year interest only adjustable mortgage loan rates and refinancing rates are averaging 2.85%, down from last week’s average interest only mortgage loan rate of 3.15%.

5 year IO adjustable loan mortgage rates and mortgage refinance rates are averaging 2.93%, down from last week’s average five year interest only home mortgage rate of 3.18%.

7 year interest only adjustable mortgage rates and refinance rates are averaging 3.44%, down from last week’s average 7 year interest-only mortgage lending rate of 3.54%. Of course you can find mortgage lenders and mortgage brokers offering mortgage lending rates below the averages.

Interest Only Jumbo Loan Interest Rates – Today's Mortgage Rates

Today’s 3 year jumbo interest only adjustable loan rates are averaging 3.58%, down from last week’s average jumbo adjustable interest only rate of 3.67%

Current 5 year adjustable jumbo interest only rates are averaging 3.43%, a decrease from last week’s average IO home mortgage interest rate of 3.44%.

Today’s 7 year jumbo interest only adjustable rates are averaging 3.79%, unchanged from last week’s average jumbo 7 year home mortgage loan rate.

Home Equity Loan Interest Rates 

10 year home equity loan rates are averaging 6.45%, unchanged from last week’s average home equity loan rate.

15 year home equity rates are averaging 6.41%, no change from last week’s average home equity loan rate.

Home Equity Line of Credit Rates

Home equity line of credit rates currently are averaging 4.81%, unchanged last week’s average rate HELOC rate.

 
Author: Brian McKay
November 4th, 2011

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