Mortgage Rates Barely Change: 30 Year Mortgage Rates at 4.87%, 5 Year Adjustable Mortgage Rates at 3.72%Mortgage rates barely changed in the most recent mortgage survey released by Freddie Mac. In this week's Primary Mortgage Market Survey, conforming 30 year mortgage rates averaged 4.87 percent with 0.7 discount points for the week ending April 7, 2011. The previous week's mortgage rate survey had 30 year rates 4.86 percent with 0.7 points in the prior week’s survey. Earlier this week in our mortgage rate and refinance rate survey MonitorBankRates.com reported 30 year conforming rates at 4.85 percent. Conforming fixed 15 year mortgage rates averaged 4.10 percent with 0.7 points for the week ending April 7, 2011. In the previous week’s survey 15 year rates averaged 4.09 percent with 0.7 points. 15 year rates in our survey on Monday were reported at 4.11 percent. 5 year Treasury-indexed adjustable mortgage rates averaged 3.72 percent with 0.6 points for the week ending April 7, 2011, up from the previous week’s average 5 year adjustable interest rate of 3.70 percent with 0.7 points. Lender
APR / Rate
Fees / Points
Payment
$6,000
Includes 1.000 points for $4,000
Lender Fees: $2,000
$3,216 /mo
$7,000
Includes 0.750 points for $3,000
Lender Fees: $4,000
$3,242 /mo
$4,612
Includes 0.978 points for $3,912
Lender Fees: $700
$3,267 /mo
$3,272
Includes 0.818 points for $3,272
Lender Fees: $0
$3,295 /mo
$3,876
Includes 0.969 points for $3,876
Lender Fees: $0
$3,320 /mo
$5,000
Includes 0.750 points for $3,000
Lender Fees: $2,000
$2,463 /mo
$5,368
Includes 0.842 points for $3,368
Lender Fees: $2,000
$2,463 /mo
$3,896
Includes 0.974 points for $3,896
Lender Fees: $0
$2,526 /mo
$3,656
Includes 0.739 points for $2,956
Lender Fees: $700
$2,562 /mo
$5,995
Includes 1.000 points for $4,000
Lender Fees: $1,995
$2,562 /mo
$3,888
Includes 0.972 points for $3,888
Lender Fees: $0
$2,592 /mo
$4,000
Includes 1.000 points for $4,000
Lender Fees: $0
$3,540 /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.
1 year U.S. Treasury indexed adjustable mortgage rates averaged 3.22 percent with 0.7 points for the week ending April 7, 2011, down from the prior week’s average 1 year adjustable home mortgage rate of 3.26 percent with 0.6 points. Explore Other Mortgage and Refinance Offers
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