Mortgage Rates Increase: 30 Year Mortgage Rates at 4.75%, 15 Year Mortgage Rates at 4.20%

Mortgage rates are up in the latest Primary Mortgage Market Survey released by Freddie Mac this morning. Fixed conforming 30 year mortgage rates are up to 4.75 percent for the week ending June 17, 2010, up from the prior week’s average 30 year mortgage rate of 4.72 percent. Mortgage discount points averaged 0.7 points, unchanged from the prior week.

Searching for the best mortgage rates? Use our mortgage rate tables at MortgageRates.MonitorBankRates.com to find the lowest mortgage rates. Unlike most websites, no personal information is needed for a list of mortgage rates.

Fixed conforming 15 year mortgage rates are also higher for the week ending June 17, 2010. Current 15 year conforming fixed mortgage rates are averaging at 4.20 percent, up from the previous week’s average 15 year mortgage rate of 4.17 percent. Average mortgage discount points were unchanged at 0.7 points. Lending Tree is advertising 15 year fixed mortgage rates at 3.88 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 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 #1981224

5.470%

15-Year Fixed

5.250%

$5,780

Includes 0.445 points for $1,780

Lender Fees: $4,000

$3,216 /mo

Next >

NMLS #2273319

5.554%

15-Year Fixed

5.250%

$7,995

Includes 0.750 points for $3,000

Lender Fees: $4,995

$3,216 /mo

Next >

NMLS #1689962

License: 02053435

5.680%

15-Year Fixed

5.500%

$4,694

Includes 0.911 points for $3,644

Lender Fees: $1,050

$3,269 /mo

Next >

NMLS #2006915

License: 60DBO-149268

5.685%

15-Year Fixed

5.500%

$4,821

Includes 0.719 points for $2,876

Lender Fees: $1,945

$3,269 /mo

Next >

NMLS #1105497

License: 603L227

5.713%

15-Year Fixed

5.500%

$5,619

Includes 1.000 points for $4,000

Lender Fees: $1,619

$3,269 /mo

Next >

NMLS #401822

5.768%

15-Year Fixed

5.500%

$7,000

Includes 0.750 points for $3,000

Lender Fees: $4,000

$3,269 /mo

Next >

NMLS #1025894

5.781%

15-Year Fixed

5.625%

$4,056

Includes 0.839 points for $3,356

Lender Fees: $700

$3,295 /mo

Next >

NMLS #2326098

License: 60DBO-181478

5.787%

15-Year Fixed

5.625%

$4,381

Includes 0.607 points for $2,428

Lender Fees: $1,953

$3,295 /mo

Next >

NMLS #757416

5.833%

15-Year Fixed

5.750%

$2,156

Includes 0.539 points for $2,156

Lender Fees: $0

$3,322 /mo

Next >

NMLS #2059741

5.843%

15-Year Fixed

5.625%

$5,664

Includes 0.916 points for $3,664

Lender Fees: $2,000

$3,295 /mo

Next >

NMLS #1981224

6.039%

5-Year ARM

5.875%

$7,116

Includes 0.779 points for $3,116

Lender Fees: $4,000

$2,367 /mo

Next >

NMLS #2273319

6.078%

5-Year ARM

5.875%

$8,799

Includes 0.951 points for $3,804

Lender Fees: $4,995

$2,367 /mo

Next >

NMLS #2326098

License: 60DBO-181478

6.379%

5-Year ARM

6.250%

$5,673

Includes 0.930 points for $3,720

Lender Fees: $1,953

$2,463 /mo

Next >

NMLS #1981224

6.427%

30-Year Fixed

6.250%

$7,500

Includes 0.875 points for $3,500

Lender Fees: $4,000

$2,463 /mo

Next >

NMLS #2273319

6.450%

30-Year Fixed

6.250%

$8,495

Includes 0.875 points for $3,500

Lender Fees: $4,995

$2,463 /mo

Next >

NMLS #2006915

License: 60DBO-149268

6.507%

5-Year ARM

6.375%

$5,537

Includes 0.898 points for $3,592

Lender Fees: $1,945

$2,496 /mo

Next >

NMLS #2561451

6.588%

30-Year Fixed

6.490%

$4,151

Includes 0.539 points for $2,156

Lender Fees: $1,995

$2,526 /mo

Next >

NMLS #2006915

License: 60DBO-149268

6.642%

30-Year Fixed

6.500%

$5,945

Includes 1.000 points for $4,000

Lender Fees: $1,945

$2,529 /mo

Next >

NMLS #757416

6.714%

30-Year Fixed

6.624%

$3,704

Includes 0.926 points for $3,704

Lender Fees: $0

$2,561 /mo

Next >

NMLS #1689962

License: 02053435

6.727%

30-Year Fixed

6.624%

$4,266

Includes 0.804 points for $3,216

Lender Fees: $1,050

$2,561 /mo

Next >

NMLS #1025894

6.732%

30-Year Fixed

6.625%

$4,440

Includes 0.935 points for $3,740

Lender Fees: $700

$2,562 /mo

Next >

NMLS #2059741

6.747%

30-Year Fixed

6.624%

$5,120

Includes 0.780 points for $3,120

Lender Fees: $2,000

$2,561 /mo

Next >

NMLS #2326098

License: 60DBO-181478

6.840%

30-Year Fixed

6.750%

$3,861

Includes 0.477 points for $1,908

Lender Fees: $1,953

$2,595 /mo

Next >

NMLS #1105497

License: 603L227

6.849%

30-Year Fixed

6.750%

$4,119

Includes 0.625 points for $2,500

Lender Fees: $1,619

$2,595 /mo

Next >

NMLS #399799

6.856%

30-Year Fixed

6.750%

$4,512

Includes 0.796 points for $3,184

Lender Fees: $1,328

$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 #330511

6.941%

30-Year Fixed

6.875%

$2,700

Includes 0.675 points for $2,700

Lender Fees: $0

$2,628 /mo

Next >

NMLS #3030

6.995%

15-Year Fixed

6.875%

$3,000

Includes 0.750 points for $3,000

Lender Fees: $0

$3,568 /mo

Next >

NMLS #3030

7.689%

30-Year Fixed

7.625%

$2,500

Includes 0.625 points for $2,500

Lender Fees: $0

$2,832 /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.

Current 5 year Treasury indexed adjustable rate mortgages were down for the week ending June 17, 2010. Current 5 year adjustable mortgage rates are averaging 3.89 percent, down from the prior week’s average 5 year adjustable mortgage rate of 3.92 percent. Average mortgage discount points were unchanged at 0.7 points. Wells Fargo Bank is currently advertising 5 year adjustable mortgage rates at 3.50 percent and 5 year FHA mortgage rates at 3.375 percent.

Current 1 year Treasury indexed adjustable mortgage rates are averaging 3.82 percent, a decrease from the previous week’s average 1 year adjustable mortgage rate of 3.91 percent. Mortgage points averaged o.6 points, unchanged from last week.