Mortgage Rates Increase in MBA Mortgage Survey: 30 Year Mortgage Rates at 4.66%, 15 Year Mortgage Rates at 3.98%

Home mortgage rates are higher again this week in the Mortgage Bankers Association’s Weekly Applications Survey. The average contract mortgage rate on 30 year home mortgages increased to 4.66 percent for the week ending December 3, 2010, up from the previous week’s average 30 year mortgage rate of 4.56 percent. 30 year mortgage rates have increased for the fourth consecutive week and haven’t been higher in the survey since July, 2010. Average mortgage discount points on 30 year home mortgage loans decreased to 0.95 points, down from the prior week’s average of 0.95 points.

The average contract mortgage rate on 15 year home mortgages increaed to 3.98 percent for the week ending December 3, 2010, up from the previous week’s average 15 year home mortgage rate of 3.91 percent. Average mortgage discount points on 15 year home mortgage loans was 0.97 points, up from the previous week’s average of 0.88 points.

Loan Term
Show Advertiser Disclosure
Lender
APR / Rate
Fees / Points
Payment
YouFi Home Loans Inc.
NMLS #2641203
5.492%
15-Year Fixed
5.375%
$3,056
Includes 0.764 points for $3,056
Lender Fees: $0
$3,242 /mo
Next >
Loansteady
NMLS #1701910
5.547%
15-Year Fixed
5.375%
$4,490
Includes 0.750 points for $3,000
Lender Fees: $1,490
$3,242 /mo
Next >
PenFed Credit Union
NMLS #401822
5.554%
15-Year Fixed
5.250%
$8,000
Includes 1.000 points for $4,000
Lender Fees: $4,000
$3,216 /mo
Next >
Direct Home Lending
NMLS #274058
5.556%
15-Year Fixed
5.375%
$4,746
Includes 0.664 points for $2,656
Lender Fees: $2,090
$3,242 /mo
Next >
Bison State Bank
NMLS #757416
5.612%
15-Year Fixed
5.500%
$2,908
Includes 0.727 points for $2,908
Lender Fees: $0
$3,269 /mo
Next >
Allied Mortgage Group, Inc.
NMLS #1067
5.642%
15-Year Fixed
5.490%
$3,944
Includes 0.986 points for $3,944
Lender Fees: $0
$3,267 /mo
Next >
Mutual of Omaha Mortgage, Inc.
NMLS #1025894
5.667%
15-Year Fixed
5.490%
$4,600
Includes 0.975 points for $3,900
Lender Fees: $700
$3,267 /mo
Next >
Barrett Financial
NMLS #181106
License: Licensed
5.741%
15-Year Fixed
5.625%
$2,995
Includes 0.500 points for $2,000
Lender Fees: $995
$3,295 /mo
Next >
DECO Mortgage
NMLS #2561451
6.591%
30-Year Fixed
6.490%
$4,287
Includes 0.573 points for $2,292
Lender Fees: $1,995
$2,526 /mo
Next >
Allied Mortgage Group, Inc.
NMLS #1067
6.594%
30-Year Fixed
6.500%
$3,944
Includes 0.986 points for $3,944
Lender Fees: $0
$2,529 /mo
Next >
Bison State Bank
NMLS #757416
6.596%
30-Year Fixed
6.500%
$3,984
Includes 0.996 points for $3,984
Lender Fees: $0
$2,529 /mo
Next >
YouFi Home Loans Inc.
NMLS #2641203
6.682%
30-Year Fixed
6.625%
$2,352
Includes 0.588 points for $2,352
Lender Fees: $0
$2,562 /mo
Next >
Barrett Financial
NMLS #181106
License: Licensed
6.697%
30-Year Fixed
6.625%
$2,995
Includes 0.500 points for $2,000
Lender Fees: $995
$2,562 /mo
Next >
Mutual of Omaha Mortgage, Inc.
NMLS #1025894
6.720%
30-Year Fixed
6.625%
$3,916
Includes 0.804 points for $3,216
Lender Fees: $700
$2,562 /mo
Next >
Direct Home Lending
NMLS #274058
6.742%
30-Year Fixed
6.625%
$4,842
Includes 0.688 points for $2,752
Lender Fees: $2,090
$2,562 /mo
Next >
Direct Home Lending
NMLS #274058
6.750%
5-Year ARM
6.625%
$5,190
Includes 0.775 points for $3,100
Lender Fees: $2,090
$2,562 /mo
Next >
Loansteady
NMLS #1701910
6.786%
30-Year Fixed
6.750%
$1,490
Includes 0.000 points for $0
Lender Fees: $1,490
$2,595 /mo
Next >
HSBC Bank USA, N.A.
NMLS #399799
6.848%
30-Year Fixed
6.750%
$4,164
Includes 0.709 points for $2,836
Lender Fees: $1,328
$2,595 /mo
Next >
Rocket Mortgage
NMLS #3030
6.869%
15-Year Fixed
6.750%
$3,000
Includes 0.750 points for $3,000
Lender Fees: $0
$3,540 /mo
Next >
PenFed Credit Union
NMLS #401822
6.884%
30-Year Fixed
6.750%
$5,495
Includes 0.875 points for $3,500
Lender Fees: $1,995
$2,595 /mo
Next >
Rocket Mortgage
NMLS #3030
7.589%
30-Year Fixed
7.500%
$3,500
Includes 0.875 points for $3,500
Lender Fees: $0
$2,797 /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.
 
Author: Brian McKay
December 8th, 2010

Explore Other Mortgage and Refinance Offers

30 Year Mortgage Rates Fall 3 Basis Points from Record Low Mortgage Rates Continue to Make Record Lows: 30 Year Mortgage Rates at 4.42%, 15 Year Mortgage Rates at 3.90% Mortgage Rates Mixed in Mortgage Survey: Average 30 Year Contract Rates at 4.93% Today's PNC Bank Mortgage Rates Current Mortgage Rates Slightly Higher This Week: 30 Year Mortgage Rates at 4.78% 30 year Mortgage Rates Decrease to 4.95% 15 year Rates at 4.33% Mortgage Rates Mixed This Week Freddie Mac: 30 Year Mortgage Rates Higher Averaging 4.37%, 15 Year Mortgage Rates Lower Averaging 3.82% Mortgage Rates at 3.99%: CitiMortgage Homebuyer's Advantage Offer Up to $22,500 Towards Closing Costs Could Rising Mortgage Rates Derail the Housing Recovery Mortgage Rates Current: 30 Year Mortgage Rates at 5.17% and 15 Year Mortgage Rates at 4.55%