Mortgage Rates Bounce Off of Record Lows Freddie Mac: 30 Year Mortgage Rates at 4.39%, 15 Year Mortgage Rates at 3.76%

Fixed long term conforming mortgage rates bounced off of record lows in the most recent mortgage rate survey released by Freddie Mac (OTC: FMCC). Fixed 30 year home mortgage rates, fixed conforming 15 year home mortgage rates and 5 year adjustable mortgage rates all rose in the Primary Mortgage Market Survey for the week ending November 18, 2010. 1 year adjustable mortgage rates were unchanged in this week’s survey.

Conforming fixed 30 year home mortgage rates are averaging 4.39 percent for the week ending November 18, 2010, up from the previous week’s average 30 year home mortgage  rate of 4.17 percent. Average mortgage discount points on 30 year home mortgage loans was 0.9 points, an increase from the prior week’s survey of 0.8 points.

Conforming fixed 15 year home mortgage rates are averaging 3.76 percent for the week ending November 18, 2010, an increase from the prior week’s average 15 year home mortgage rate of 3.57 percent. Average mortgage discount points on 15 year home loans was 0.7 points, down from the prior week’s average of 0.8 points.

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

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The lenders whose rates and other terms appear on this chart are MRC'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 #2473786

4.930%

15-Year Fixed

4.750%

$4,803

Includes 0.927 points for $3,708

Lender Fees: $1,095

$3,112 /mo

Next >

NMLS #324599

License: 324599

5.026%

15-Year Fixed

4.875%

$4,070

Includes 0.750 points for $3,000

Lender Fees: $1,070

$3,138 /mo

Next >

NMLS #757416

5.106%

15-Year Fixed

4.990%

$3,060

Includes 0.765 points for $3,060

Lender Fees: $0

$3,162 /mo

Next >

NMLS #1067

5.110%

15-Year Fixed

4.990%

$3,172

Includes 0.793 points for $3,172

Lender Fees: $0

$3,162 /mo

Next >

NMLS #1025894

5.175%

15-Year Fixed

5.000%

$4,628

Includes 0.982 points for $3,928

Lender Fees: $700

$3,164 /mo

Next >

NMLS #613839

5.183%

15-Year Fixed

4.990%

$5,099

Includes 0.803 points for $3,212

Lender Fees: $1,887

$3,162 /mo

Next >

NMLS #1954591

License: 60DBO-113383

5.304%

15-Year Fixed

5.125%

$4,771

Includes 0.916 points for $3,664

Lender Fees: $1,107

$3,190 /mo

Next >

NMLS #2473786

5.340%

5-Year ARM

5.250%

$4,059

Includes 0.741 points for $2,964

Lender Fees: $1,095

$2,209 /mo

Next >

NMLS #613839

5.721%

30-Year Fixed

5.625%

$4,219

Includes 0.583 points for $2,332

Lender Fees: $1,887

$2,303 /mo

Next >

NMLS #2473786

5.838%

30-Year Fixed

5.750%

$3,843

Includes 0.687 points for $2,748

Lender Fees: $1,095

$2,335 /mo

Next >

NMLS #324599

License: 324599

5.853%

30-Year Fixed

5.750%

$4,570

Includes 0.875 points for $3,500

Lender Fees: $1,070

$2,335 /mo

Next >

NMLS #2561451

5.872%

30-Year Fixed

5.750%

$5,446

Includes 0.916 points for $3,664

Lender Fees: $1,782

$2,335 /mo

Next >

NMLS #1067

5.925%

30-Year Fixed

5.875%

$2,148

Includes 0.537 points for $2,148

Lender Fees: $0

$2,367 /mo

Next >

NMLS #757416

5.936%

30-Year Fixed

5.875%

$2,664

Includes 0.666 points for $2,664

Lender Fees: $0

$2,367 /mo

Next >

NMLS #1025894

5.959%

30-Year Fixed

5.875%

$3,620

Includes 0.730 points for $2,920

Lender Fees: $700

$2,367 /mo

Next >

NMLS #1954591

License: 60DBO-113383

6.087%

30-Year Fixed

5.990%

$4,239

Includes 0.783 points for $3,132

Lender Fees: $1,107

$2,396 /mo

Next >

NMLS #399799

6.106%

30-Year Fixed

6.000%

$4,703

Includes 0.844 points for $3,376

Lender Fees: $1,327

$2,399 /mo

Next >

NMLS #1954591

License: 60DBO-113383

6.230%

5-Year ARM

6.125%

$4,523

Includes 0.854 points for $3,416

Lender Fees: $1,107

$2,431 /mo

Next >

NMLS #324599

License: 324599

6.240%

5-Year ARM

6.125%

$4,986

Includes 0.979 points for $3,916

Lender Fees: $1,070

$2,431 /mo

Next >

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.

5 year U.S. Treasury indexed adjustable mortgage rates averaged 3.40 percent for the week ending November 18, 2010, up from the previous week’s average 5 year adjustable home mortgage rate of 3.25 percent. Average mortgage discount points on 5 year adjustable home mortgages was 0.7 points, unchanged from the previous week’s average.

1 year Treasury indexed adjustable home mortgage loan rates averaged 3.26 percent for the week ending November 18, 2010, unchanged from the prior week’s average 1 year adjustable home mortgage rate. Average mortgage points on 1 year adjustable home loans was 0.6 points.