Mortgage rates are lower this week over last as 10 year bond yields hit 60 year lows on Friday. Current mortgage rates on 30 year conforming mortgages are averaging 4.09%, down from last week’s average 30 year rate of 4.15%. This is the lowest point 30 year mortgage rates averaged on MonitorBankRates.com. 

Low mortgage rates are getting the attention of many homeowners looking to refinance. Unfortunately many homeowners are unable to refinance. Charley Farley of Merrimack Mortgage in Bedford, NH, said, "Refinance mortgage application volume has tripled as mortgage rates are approaching all time lows. Because property values are down, we are more focused on helping borrowers with programs that have provisions in them for higher Loan to Values or don't require appraisals at all."

You can search and compare today's mortgage rates today by using our mortgage rate tables here: Today's Mortgage Rates. Unlike most websites, no personal information is needed to view a list of mortgage rates.

Conforming mortgage rates on 15 year mortgage loans are averaging 3.35%, down from last week’s average 15 year mortgage rate of 3.39%. Long term fixed jumbo mortgage rates are higher this week over last. Today's jumbo mortgage rates on 30 year mortgages are averaging 4.57%, up from last week’s average 30 year jumbo mortgage rate of 4.54%. 15 year jumbo mortgage rates today are averaging 3.86%, up from last week’s average 15 year jumbo mortgage rate of 3.84%.

Mortgage Rates

Today's Conforming Adjustable Mortgage Rates

1 year adjustable mortgage rates today are averaging 3.62%, down from last week’s average 1 year adjustable jumbo mortgage rate of 3.63%.

Current 3 year adjustable mortgage rates today are averaging 2.88%, down from last week’s average 3 year adjustable mortgage rate of 3.11%.

5 year adjustable mortgage rates are averaging 3.29%, up from the prior week’s average 5 year adjustable rate of 3.03%.

Today’s 7 year adjustable mortgage rates are averaging 3.10%, down from the previous week’s average 7 year adjustable mortgage rate of 3.16%.

10 year adjustable mortgage rates currently are averaging 3.52%, down from last week’s average 10 year adjustable rate of 3.58%.

Adjustable Jumbo Mortgage Rates Today

Current 1 year jumbo adjustable mortgage rates are averaging 4.05%, up from last week’s average adjustable jumbo mortgage rate of 3.46%.

3 year adjustable jumbo rates today are averaging lower at 3.56%, up from last week’s average 3 year jumbo adjustable rate of 3.36%.

5 year adjustable jumbo mortgage rates current are averaging 3.12%, down from last week’s average jumbo adjustable rate of 3.17%.

7 year jumbo adjustable mortgage loan rates are averaging 3.45%, down from last week’s average 7 year adjustable home loan rate of 3.49%.

10 year jumbo loan rates are averaging 3.95%, down from the prior week’s average 10 year jumbo home mortgage loan rate of 4.03%.

Current Conforming Interest Only Adjustable Mortgage Rates

3 year interest only adjustable mortgage loan rates are averaging 3.17%, down from last week’s average interest only mortgage loan rate of 3.21%.

5 year IO adjustable loan mortgage rates are averaging 2.95%, down from last week’s average five year interest only mortgage rate of 3.09%.

7 year interest only adjustable mortgage loan rates are averaging 3.17%, down from last week’s average 7 year interest-only mortgage interest rate of 3.20%.

Interest Only Jumbo Mortgage Rates 

Today’s 3 year jumbo interest only adjustable loan rates are averaging 3.59%, down from last week’s average jumbo adjustable interest only rate of 3.64%.

Current 5 year adjustable jumbo interest only rates are averaging 3.32%,  down from last week’s average IO home mortgage interest rate of 3.33%.

Today’s 7 year jumbo interest only adjustable rates are averaging 3.64%, down from last week’s average jumbo 7 year home mortgage loan rate of 3.71%.

Home Equity Loan Rates Today

10 year home equity loan rates are averaging 6.73%, up from last week’s average home equity loan rate of 6.72%.

15 year home equity rates are averaging 6.62%, down from last week’s average home equity loan rate of 6.67%.

Home Equity Line of Credit Rates

Home equity line of credit rates currently are averaging 5.03%, unchanged from last week’s average rate HELOC rate.