Mortgage Rates Increase as Bond Yields Head Higher: 30 Year Mortgage Rates at 4.80%, 15 Year Mortgage Rates at 4.09%Mortgage rates increased this week following bond yields higher. In Freddie Mac's Primary Mortgage Market Survey released today, fixed conforming 30 year mortgage rates averaged 4.80 percent with 0.7 mortgage points for the week ending January 27, 2011, up from the previous week’s average rate of 4.74 percent. 15 year conforming mortgage interest rates are averaging 4.09 percent with 0.7 points for the week ending January 27, 2011, an increase from the previous week’s survey when rates on 15 year mortgages averaged 4.05 percent with 0.7 mortgage points. 5 year Treasury indexed adjustable mortgage loan rates averaged 3.70 percent for the week ending January 27, 2011, up slightly from the previous week’s average 5 year adjustable home mortgage rate of 3.69 percent. Average mortgage discount points on 5 year adjustable home mortgages was 0.7 points, unchanged from the previous week’s average. 1 year U.S. Treasury indexed adjustable home loan rates averaged 3.26 percent for the week ending January 27, 2011, a slight increase from the prior week’s average 1 year adjustable home mortgage rate of 3.25 percent. Average mortgage points on 1 year adjustable home loans was 0.6 points, unchanged from the prior week’s average. Lender
APR / Rate
Fees / Points
Payment
$6,000
Includes 0.500 points for $2,000
Lender Fees: $4,000
$3,216 /mo
$3,660
Includes 0.740 points for $2,960
Lender Fees: $700
$3,242 /mo
$3,952
Includes 0.988 points for $3,952
Lender Fees: $0
$3,269 /mo
$3,336
Includes 0.659 points for $2,636
Lender Fees: $700
$2,496 /mo
$5,495
Includes 0.875 points for $3,500
Lender Fees: $1,995
$2,496 /mo
$3,612
Includes 0.903 points for $3,612
Lender Fees: $0
$2,526 /mo
$4,000
Includes 1.000 points for $4,000
Lender Fees: $0
$3,485 /mo
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.
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