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. Lender
APR / Rate
Fees / Points
Payment
$4,409
Includes 0.614 points for $2,456
Lender Fees: $1,953
$3,086 /mo
$3,280
Includes 0.820 points for $3,280
Lender Fees: $0
$3,112 /mo
$2,736
Includes 0.509 points for $2,036
Lender Fees: $700
$3,138 /mo
$4,000
Includes 1.000 points for $4,000
Lender Fees: $0
$3,269 /mo
$4,637
Includes 0.671 points for $2,684
Lender Fees: $1,953
$2,303 /mo
$3,432
Includes 0.858 points for $3,432
Lender Fees: $0
$2,335 /mo
$4,000
Includes 0.000 points for $0
Lender Fees: $4,000
$3,322 /mo
$8,000
Includes 1.000 points for $4,000
Lender Fees: $4,000
$2,335 /mo
$3,504
Includes 0.701 points for $2,804
Lender Fees: $700
$2,367 /mo
$5,853
Includes 0.975 points for $3,900
Lender Fees: $1,953
$2,431 /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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