Mortgage Rates Mixed as Mortgage Applications Increase: 30 Year Rates Averaging 4.80%, 15 Year Rates Averaging 4.02%Mortgage rates were mixed and mortgage applications increased in the latest mortgage survey released this morning. In the Weekly Mortgage Application Survey released by the Mortgage Bankers Association the average contract 30 year mortgage rate increased to 4.80 percent with 0.96 points for the week ending March 18, 2011. In the previous week's mortgage survey the average 30 year mortgage rate was 4.79 percent with 1.07 points.
The average contract 15 year mortgage rate declined for the week ending March 18, 2011. The average 15 year mortgage rate is at 4.02 percent with mortgage discount points averaging 0.90 points. In the previous week’s survey, 15 year mortgage rates averaged 4.03 percent with points averaging 0.85. Lender
APR / Rate
Fees / Points
Payment
$3,848
Includes 0.962 points for $3,848
Lender Fees: $0
$3,269 /mo
$2,848
Includes 0.712 points for $2,848
Lender Fees: $0
$3,295 /mo
$3,856
Includes 0.789 points for $3,156
Lender Fees: $700
$3,295 /mo
$3,440
Includes 0.860 points for $3,440
Lender Fees: $0
$2,562 /mo
$3,660
Includes 0.915 points for $3,660
Lender Fees: $0
$2,562 /mo
$4,611
Includes 0.879 points for $3,516
Lender Fees: $1,095
$2,561 /mo
$4,696
Includes 0.999 points for $3,996
Lender Fees: $700
$2,562 /mo
$5,180
Includes 0.963 points for $3,852
Lender Fees: $1,328
$2,595 /mo
$5,495
Includes 0.875 points for $3,500
Lender Fees: $1,995
$2,595 /mo
$3,500
Includes 0.875 points for $3,500
Lender Fees: $0
$3,540 /mo
$4,000
Includes 1.000 points for $4,000
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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