30 year mortgage rates hit a new low for 2011 after declining 13 basis points overnight. Today's mortgage rates declined on a sharp drop in 10 year bond yields which closed yesterday at 2.46%. Current 30 year mortgage rates are averaging 4.33%, a decline from an average rate of 4.46%. 30 mortgage year rates will probably hit 4.25% over the weekend if bond yields continue to drop. Rates will fall even further if the economy falls into another recession.

Search and compare today's mortgage rates and refinance rates from several lenders by searching our rate tables here: Current Mortgage Rates. Unlike most websites no personal information is needed to view rates.

Current mortgage rates on 15 mortgage loans are averaging 3.53%, down from an average 15 year rate of 3.64%. 15 year mortgage rates have also made a new low for 2011. We can expect 15 year rates to break 3.50% this weekend.

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

Show Advertiser Disclosure

The lenders whose rates and other terms appear on this chart are ICB'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 #757416

5.726%

15-Year Fixed

5.625%

$2,632

Includes 0.658 points for $2,632

Lender Fees: $0

$3,295 /mo

Next >

NMLS #1025894

5.778%

15-Year Fixed

5.625%

$3,984

Includes 0.821 points for $3,284

Lender Fees: $700

$3,295 /mo

Next >

NMLS #2561451

6.763%

30-Year Fixed

6.624%

$5,811

Includes 0.954 points for $3,816

Lender Fees: $1,995

$2,561 /mo

Next >

NMLS #757416

6.804%

30-Year Fixed

6.750%

$2,220

Includes 0.555 points for $2,220

Lender Fees: $0

$2,595 /mo

Next >

NMLS #1025894

6.834%

30-Year Fixed

6.750%

$3,440

Includes 0.685 points for $2,740

Lender Fees: $700

$2,595 /mo

Next >

NMLS #401822

6.896%

30-Year Fixed

6.750%

$5,995

Includes 1.000 points for $4,000

Lender Fees: $1,995

$2,595 /mo

Next >

NMLS #399799

6.969%

30-Year Fixed

6.875%

$3,976

Includes 0.662 points for $2,648

Lender Fees: $1,328

$2,628 /mo

Next >

NMLS #401822

7.804%

15-Year Fixed

7.500%

$7,500

Includes 0.875 points for $3,500

Lender Fees: $4,000

$3,709 /mo

Next >

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.

30 year jumbo mortgage rates are down to 4.70%, down from an average 30 year jumbo rate of 4.79%.15 year mortgage rates are averaging 4.08%, down from an average rate of 4.16%. Both 30 year and 15 year jumbo rates have also made a new low for 2011.

Following is a more in-depth mortgage rate report released by MonitorBankRates this past Monday:

Mortgage Rates

Conforming Adjustable Mortgage Rates Today

1 year adjustable mortgage rates are averaging 3.34%, down from last week’s average 1 year adjustable jumbo mortgage rate of 3.55%.

3 year adjustable mortgage refinance rates and adjustable mortgage rates today are averaging 3.03%, up from last week’s average 3 year adjustable mortgage rate of 3.01%.

5 year adjustable mortgages are averaging 3.26%, unchanged from the prior week’s average rate.

7 year adjustable mortgage rates are averaging 3.43%, up from the previous week’s average 7 year loan rate of 3.41%.

10 year adjustable mortgage rates are averaging 3.96%, up from last week’s average 10 year adjustable rate of 3.89%.

Adjustable Jumbo Mortgage Rates Today

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 are averaging higher at 3.47%, up from last week’s average 3 year jumbo adjustable rate of 3.41%.

5 year adjustable jumbo rates today are averaging 3.38%, up from last week’s average jumbo adjustable rate of 3.29%.

Current 7 year jumbo adjustable loan rates are averaging 3.83%, down from last week’s average 7 year adjustable home loan rate of 3.93%.

10 year jumbo loan rates are averaging 4.37%, unchanged from the prior week’s average 10 year jumbo home loan rate. 

Today's Conforming Interest Only Adjustable Mortgage Rates

3 year interest only adjustable mortgage loan rates are averaging 3.15%, up from last week’s average interest only mortgage loan rate of 3.13%.

5 year IO adjustable loan rates are averaging 3.20%, up last week’s average five year interest only mortgage loan rate of 3.15%.

7 year interest only adjustable mortgage loan rates are averaging 3.58%, unchanged from last week’s average 7 year interest-only mortgage interest rate. 

Today's Interest Only Jumbo Mortgage Rates

3 year jumbo interest only adjustable loan rates are averaging 3.98%, an increase from last week’s average jumbo adjustable interest only rate of 3.47%.

5 year adjustable jumbo interest only rates are averaging 3.65%, down from last week’s average IO home mortgage interest rate of 3.67%.

7 year jumbo interest only adjustable rates are averaging 4.04%, up from last week’s average jumbo 7 year home loan rate of 4.01%.

Home Equity Loan Rates Current

10 year home equity loan rates are averaging 6.77%, unchanged from last week’s average home equity loan rate.

15 year home equity rates are averaging 6.82%, unchanged from last week’s average home equity loan rate.

Current HELOC Rates

Home equity line of credit rates are averaging 4.97%, unchanged from last week’s average rate HELOC rate.