Mortgage Rates Current: 30 Year Mortgage Rates at 5.17% and 15 Year Mortgage Rates at 4.55%

Current mortgage rates are mixed for the week ending January 11, 2009. 30 year mortgage rates were up slightly to 5.17 percent while 15 year mortgage rates were down to 4.55 percent. After several consecutive weeks of mortgage rates increasing, rates have taken a pause this past week.

Looking for the today's mortgage interest rates? Use our mortgage rate tables to find the best mortgage rates  in your state or zip code. Today’s Mortgage Interest Rates.

Mortgage rates started going up in the second week of December 2009 after making new record lows. The run up has been quicker than anticipated. Boston Federal Reserve President Eric Rosengreen said 30 year mortgage rates will rise by .75 percent by the end of the first quarter when the Fed completes its $1.25 trillion in mortgage-backed securities.

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 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 #1835285

4.723%

15-Year Fixed

4.500%

$6,000

Includes 1.000 points for $4,000

Lender Fees: $2,000

$3,060 /mo

Next >

NMLS #1928741

4.870%

15-Year Fixed

4.750%

$3,188

Includes 0.797 points for $3,188

Lender Fees: $0

$3,112 /mo

Next >

NMLS #2473786

4.889%

15-Year Fixed

4.750%

$3,707

Includes 0.653 points for $2,612

Lender Fees: $1,095

$3,112 /mo

Next >

NMLS #6606

5.150%

15-Year Fixed

5.000%

$3,972

Includes 0.993 points for $3,972

Lender Fees: $0

$3,164 /mo

Next >

NMLS #2473786

5.231%

5-Year ARM

5.125%

$4,807

Includes 0.928 points for $3,712

Lender Fees: $1,095

$2,178 /mo

Next >

NMLS #1025894

5.273%

15-Year Fixed

5.125%

$3,888

Includes 0.797 points for $3,188

Lender Fees: $700

$3,190 /mo

Next >

NMLS #1835285

5.365%

5-Year ARM

5.250%

$5,148

Includes 0.787 points for $3,148

Lender Fees: $2,000

$2,209 /mo

Next >

NMLS #1835285

5.509%

30-Year Fixed

5.375%

$6,000

Includes 1.000 points for $4,000

Lender Fees: $2,000

$2,240 /mo

Next >

NMLS #1928741

5.572%

30-Year Fixed

5.490%

$3,652

Includes 0.913 points for $3,652

Lender Fees: $0

$2,269 /mo

Next >

NMLS #2473786

5.700%

30-Year Fixed

5.625%

$3,291

Includes 0.549 points for $2,196

Lender Fees: $1,095

$2,303 /mo

Next >

NMLS #2561451

5.737%

30-Year Fixed

5.625%

$5,078

Includes 0.824 points for $3,296

Lender Fees: $1,782

$2,303 /mo

Next >

NMLS #6606

5.966%

30-Year Fixed

5.875%

$3,924

Includes 0.981 points for $3,924

Lender Fees: $0

$2,367 /mo

Next >

NMLS #1025894

5.970%

30-Year Fixed

5.875%

$4,132

Includes 0.858 points for $3,432

Lender Fees: $700

$2,367 /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.

With today's mortgage interest rates at 5.17 percent, an increase of .75 percent will bring 30 year mortgage interest rates up to 6.00 percent. This is a big increase from current mortgage rates.

Today's Mortgage Interest Rates

30-year conforming mortgage rates are at 5.17 percent this week, up from the previous week’s average home mortgage rate of 5.16 percent.

15-year mortgage rates are at 4.55 percent this week, down from last week’s average home loan interest rate of  4.58 percent.

Jumbo Mortgage Rates

30-year jumbo mortgage rates are averaging 5.85% this week, up from the prior week’s loan home rate of 5.81%.

15 year jumbo mortgage loans are averaging 5.33% this week, down from the prior week’s average mortgage home loan rate of 5.34%.

Adjustable Mortgage Rates

1-year adjustable home mortgage loan rates are averaging at 4.57% this week, down from the prior week when one year home loans were averaging 4.61%.

3-year adjustable mortgage interest rates are averaging 4.56%, down from last week’s average loan rate of 4.58%.

5-year adjustable mortgage rates are averaging 4.33 percent this week, down from the previous week’s average mortgage rate of 4.36%.

7-year adjustable loan rates are averaging 4.85%, unchanged from last week’s average loan rate.

The average 10-year mortgage is at 5.33%, up from the previous week’s average bank mortgage rate of 5.28%.

Jumbo Adjustable Mortgage Rates

1-year jumbo adjustable mortgage rates are averaging 5.48% this week, up slightly from the prior week’s average mortgage finance interest rate of 5.47%.

Current 3-year jumbo ARMs are averaging 5.80% this week, up from last week’s adjustable rate of 5.60%.

Today’s 5-year jumbo ARM is averaging 5.07% this week, up from the prior week’s average rate on a five year jumbo mortgage 0f 5.04%.

7-year jumbo ARMs are averaging 5.79% this week, up from last week’s average mortgage rate of 5.67%.

The average 10-year jumbo is at 6.10 percent, up from the prior week’s average 10-year mortgage rate of 6.01 percent.

Interest Only Mortgage Rates

3-year interest only mortgage rates are averaging 4.70 percent this week, down from last week’s average interest rate of 4.72%.

5-year interest only loans are averaging 4.49 percent this week, unchanged from last week's average five ear interest only mortgage.

7-year IO loan rates are averaging 5.07 percent this week, unchanged from last week’s average interest rate.

Jumbo Interest Only Mortgage Rates

3-year jumbo interest only mortgages are averaging 5.95% this week, up from last week’s jumbo interest mortgage rate of 5.82%.

5-year jumbo IO loan rates are averaging 5.40%, up from the prior week’s average IO mortgage rate of 5.38%.

The average jumbo 7-year IO loan mortgage rate is at 6.27%, up from last week’s average jumbo rate of 6.10%.

Home Equity Loans

The average home equity loan rate was up considerably this week over last. 10 year home equity loan rates decreased to 7.425% this week, up from last week’s average equity home loan rate of 7.419%. 15 year home equity rates decreased to 7.521%, down slightly from the prior week’s average equity loan rate of 7.522%.

Home Equity Line of Credit (HELOC)

Average home equity line of credit rates were down slightly this week over last. The average HELOC rate is at 4.904% this week, unchanged from last week’s average HELOC rate.

Looking for the current mortgage rates? The best mortgage rates including jumbo rates can be found in your state or zip code by using our bank mortgage rate tables. Best Mortgage Rates