Mortgage Rates Mixed in Latest Mortgage Survey: 15 Year Mortgage Rates Highest Since April 2010Mortgage rates are mixed in the latest mortgage survey released this morning by the Mortgage Bankers Association (MBA). In the Weekly Mortgage Application Survey 30 year mortgage rates decreased and 15 year mortgage rates increased. The average 30 year mortgage rate stayed above 5.00 percent for the second consecutive week. The average contract mortgage rate on 30 year mortgages is 5.12 percent for the week ending February 11, 2011, a slight decrease from the previous week's average of 5.13 percent. Average mortgage discount points increased to 0.85 percent, up from the prior week's average of 0.84 percent. The average contract 15 year mortgage rate increased to 4.34 percent for the week ending February 11, 2011, an increase from the prior week's average contract 15 year mortgage rate of 4.29 percent. This is the highest point for 15 year mortgage rates since April 2010. Mortgage points averaged 0.85 points, down from the prior week’s average of 1.02 points. Lender
APR / Rate
Fees / Points
Payment
$5,000
Includes 0.750 points for $3,000
Lender Fees: $2,000
$3,112 /mo
$4,750
Includes 0.925 points for $3,700
Lender Fees: $1,050
$3,190 /mo
$5,793
Includes 0.960 points for $3,840
Lender Fees: $1,953
$3,190 /mo
$3,308
Includes 0.827 points for $3,308
Lender Fees: $0
$3,216 /mo
$7,500
Includes 0.875 points for $3,500
Lender Fees: $4,000
$3,190 /mo
$4,104
Includes 0.851 points for $3,404
Lender Fees: $700
$3,242 /mo
$4,000
Includes 0.500 points for $2,000
Lender Fees: $2,000
$2,335 /mo
$5,960
Includes 0.990 points for $3,960
Lender Fees: $2,000
$2,335 /mo
$4,250
Includes 0.800 points for $3,200
Lender Fees: $1,050
$2,399 /mo
$3,756
Includes 0.939 points for $3,756
Lender Fees: $0
$2,431 /mo
$4,833
Includes 0.720 points for $2,880
Lender Fees: $1,953
$2,431 /mo
$5,995
Includes 1.000 points for $4,000
Lender Fees: $1,995
$2,431 /mo
$4,000
Includes 1.000 points for $4,000
Lender Fees: $0
$3,403 /mo
$3,400
Includes 0.675 points for $2,700
Lender Fees: $700
$2,496 /mo
$5,621
Includes 0.917 points for $3,668
Lender Fees: $1,953
$2,595 /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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