Mortgage Rates Mixed as Home Purchases Reach Highest Level in 2011: 30 Year Mortgage Rates Averaging 4.93%
The average contract 15 year mortgage rate is unchanged at 4.17 percent for the week ending March 4, 2011 with mortgage discount points averaging 1.15 points. Lender
APR / Rate
Fees / Points
Payment
 NMLS #274058
5.552%
15-Year Fixed
5.375%
$4,638
Includes 0.637 points for $2,548
Lender Fees: $2,090
$3,242 /mo
 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
 NMLS #1025894
5.756%
15-Year Fixed
5.625%
$3,404
Includes 0.676 points for $2,704
Lender Fees: $700
$3,295 /mo
 NMLS #6606
5.884%
15-Year Fixed
5.740%
$3,732
Includes 0.933 points for $3,732
Lender Fees: $0
$3,320 /mo
NMLS #274058
6.515%
5-Year ARM
6.375%
$5,894
Includes 0.951 points for $3,804
Lender Fees: $2,090
$2,496 /mo
NMLS #274058
6.632%
30-Year Fixed
6.500%
$5,506
Includes 0.854 points for $3,416
Lender Fees: $2,090
$2,529 /mo
NMLS #1025894
6.721%
30-Year Fixed
6.625%
$3,956
Includes 0.814 points for $3,256
Lender Fees: $700
$2,562 /mo
NMLS #401822
6.770%
30-Year Fixed
6.625%
$5,995
Includes 1.000 points for $4,000
Lender Fees: $1,995
$2,562 /mo
 NMLS #3030
6.889%
15-Year Fixed
6.750%
$3,500
Includes 0.875 points for $3,500
Lender Fees: $0
$3,540 /mo
NMLS #6606
6.960%
30-Year Fixed
6.875%
$3,468
Includes 0.867 points for $3,468
Lender Fees: $0
$2,628 /mo
NMLS #3030
7.589%
30-Year Fixed
7.500%
$3,500
Includes 0.875 points for $3,500
Lender Fees: $0
$2,797 /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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Fixed mortgage rates are mixed and home purchase applications increased to the highest level in 2011 in the latest mortgage survey released this morning. In the Mortgage Bankers Association's Weekly Mortgage Application Survey, the average 30 year mortgage rate increased to 4.93 percent with 0.87 mortgage discount points for the week ending March 4, 2011. The previous week's survey saw 30 year mortgage rates averaging 4.84 percent with mortgage discount points averaging 1.29 percent.
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