Mortgage Rates Mixed in Mortgage Survey: 30 Year Mortgage Rates at 4.74% and 15 Year Mortgage Rates at 4.05%

Mortgage rates are mixed in the most recently mortgage survey released this morning. Fixed conforming 30 year mortgage rates are averaging 4.74 percent with 0.8 mortgage discount points for the week ending January 20, 2011, up from the previous week’s average rate of 4.71 percent. 15 year conforming mortgage interest rates are averaging 4.05 percent with 0.8 points for the week ending January 20, 2011, down from the previous week’s  survey when rates on 15 year mortgages averaged 4.08 percent with 0.7 mortgage points.

Also in the Primary Mortgage Market Survey released today by Freddie Mac 5 year Treasury indexed adjustable mortgage loan rates averaged 3.69 percent for the week ending January 20, 2011, down from the previous week’s average 5 year adjustable home mortgage rate of 3.72 percent. Average mortgage discount points on 5 year adjustable home mortgages was 0.7 points, unchanged from the previous week’s average.

1 year U.S. Treasury indexed adjustable home loan rates averaged 3.25 percent for the week ending January 20, 2011, up from the prior week’s average 1 year adjustable home mortgage rate of 3.23 percent. Average mortgage points on 1 year adjustable home loans was 0.6 points, unchanged from the prior week’s average.

Loan Term
Lender
APR / Rate
Fees / Points
Payment
District Lending
NMLS #1835285
4.919%
15-Year Fixed
4.750%
$4,500
Includes 0.625 points for $2,500
Lender Fees: $2,000
$3,112 /mo
iheartloan
NMLS #2562839
4.942%
15-Year Fixed
4.750%
$5,125
Includes 1.000 points for $4,000
Lender Fees: $1,125
$3,112 /mo
Bison State Bank
NMLS #757416
5.226%
15-Year Fixed
5.125%
$2,672
Includes 0.668 points for $2,672
Lender Fees: $0
$3,190 /mo
Tomo Mortgage, LLC.
NMLS #2059741
5.231%
15-Year Fixed
5.125%
$2,792
Includes 0.698 points for $2,792
Lender Fees: $0
$3,190 /mo
Zoom Loans
NMLS #1312186
5.365%
15-Year Fixed
5.250%
$3,000
Includes 0.750 points for $3,000
Lender Fees: $0
$3,216 /mo
New American Funding, LLC.
NMLS #6606
5.382%
15-Year Fixed
5.240%
$3,732
Includes 0.933 points for $3,732
Lender Fees: $0
$3,214 /mo
Mutual of Omaha Mortgage, Inc.
NMLS #1025894
5.503%
15-Year Fixed
5.375%
$3,348
Includes 0.662 points for $2,648
Lender Fees: $700
$3,242 /mo
District Lending
NMLS #1835285
5.625%
5-Year ARM
5.500%
$5,524
Includes 0.881 points for $3,524
Lender Fees: $2,000
$2,272 /mo
iheartloan
NMLS #2562839
5.739%
5-Year ARM
5.625%
$4,997
Includes 0.968 points for $3,872
Lender Fees: $1,125
$2,303 /mo
Zoom Loans
NMLS #1312186
5.831%
5-Year ARM
5.750%
$3,532
Includes 0.883 points for $3,532
Lender Fees: $0
$2,335 /mo
District Lending
NMLS #1835285
5.842%
30-Year Fixed
5.750%
$4,000
Includes 0.500 points for $2,000
Lender Fees: $2,000
$2,335 /mo
iheartloan
NMLS #2562839
5.856%
30-Year Fixed
5.750%
$4,625
Includes 0.875 points for $3,500
Lender Fees: $1,125
$2,335 /mo
Bison State Bank
NMLS #757416
5.961%
30-Year Fixed
5.875%
$3,724
Includes 0.931 points for $3,724
Lender Fees: $0
$2,367 /mo
Tomo Mortgage, LLC.
NMLS #2059741
6.034%
30-Year Fixed
5.990%
$1,876
Includes 0.469 points for $1,876
Lender Fees: $0
$2,396 /mo
Zoom Loans
NMLS #1312186
6.093%
30-Year Fixed
6.000%
$4,000
Includes 1.000 points for $4,000
Lender Fees: $0
$2,399 /mo
Mutual of Omaha Mortgage, Inc.
NMLS #1025894
6.200%
30-Year Fixed
6.125%
$3,196
Includes 0.624 points for $2,496
Lender Fees: $700
$2,431 /mo
New American Funding, LLC.
NMLS #6606
6.343%
30-Year Fixed
6.250%
$3,944
Includes 0.986 points for $3,944
Lender Fees: $0
$2,463 /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.
 
Author: Brian McKay
January 20th, 2011

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