Mortgage Rates – Current Mortgage Rates Mixed in the Latest Mortgage Survey

In the latest mortgage rate survey released this morning 30-year mortgage rates higher and 15-year mortgage rates lower. Adjustable mortgage rates are also lower according to the survey released by the Mortgage Bankers Association's Weekly Mortgage Application Survey.

Looking for current mortgage rates? MonitorBankRates.com has mortgage rate tables you can use to find today's mortgage rates in your state or zip code. Find Current Mortgage Interest Rates here

The average contract mortgage rate for 30-year fixed mortgages increased to 5.08 percent from 5.02 percent, with points decreasing to 0.98 from 1.23 for the week ending September 11, 2009.  In Freddie Mac's recent Primary Mortgage Market Survey released last Thursday the average conforming 30-year mortgage rate was at 5.07 percent.

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 #1928741

4.870%

15-Year Fixed

4.750%

$3,180

Includes 0.795 points for $3,180

Lender Fees: $0

$3,112 /mo

Next >

NMLS #2473786

4.887%

15-Year Fixed

4.750%

$3,635

Includes 0.635 points for $2,540

Lender Fees: $1,095

$3,112 /mo

Next >

NMLS #757416

4.997%

15-Year Fixed

4.875%

$3,240

Includes 0.810 points for $3,240

Lender Fees: $0

$3,138 /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 #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 #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 #757416

5.715%

30-Year Fixed

5.625%

$3,940

Includes 0.985 points for $3,940

Lender Fees: $0

$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 >

NMLS #399799

5.980%

30-Year Fixed

5.875%

$4,719

Includes 0.848 points for $3,392

Lender Fees: $1,327

$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 #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 >

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.

15-year fixed home mortgage rates were down to 4.41 percent from 4.45 percent, with points decreasing to 1.12 from 1.13 for the week ending September 11, 2009. In Freddie's PMMS survey 15-year mortgage rates were averaging 4.50 percent.

The average contract mortgage interest rate for one-year adjustable mortgage loan rates decreased to 6.61 percent from 6.69 percent, discount points increased to 0.20 from 0.19. One-year Treasury-indexed adjustable rate mortgages are at 4.64 percent according to Freddie's survey released last Thursday.

Current 30-year jumbo mortgage rates are at 5.99 percent according to our weekly mortgage rates survey released yesterday, down from last week’s average home loan rate of 6.02 percent. The average rate for 15-year jumbo mortgages is up to 5.53 percent, an increase from last week’s average rate of  5.46 percent.

Mortgage applications decreased in the latest MBA survey. The MBA's Market Composite Index (adjusted for the Labor Day Holiday), which measures mortgage loan application volume, decreased 8.6 percent on a seasonally adjusted basis from one week earlier.  The Refinance Index, a measure of mortgage refinance applications, was down 7.4 percent from the prior week and the seasonally adjusted Purchase Index was down 10.3 percent to from one week earlier.