Mortgage Rates Mixed Today 4/22 as More Americans are Pessimistic about the Economy: 30 Year Mortgage Rates at 4.86%

Current mortgage rates are mixed today as a New York Times/CBS News poll shows Americans are more pessimistic about the outlook and direction of the economy. Today's conforming 30 year mortgage rates are averaging 4.86%, up from yesterday's average 30 year mortgage rate of 4.79%. 30 year conforming rates in California are higher than the national average. 30 year mortgage rates today in CA are averaging 4.90%

15 year conforming mortgage rates are heading back down towards the 4.00% range. Current 15 year rates are averaging 4.09%, down from yesterday's average 15 year rate of 4.12%. Average 15 year conforming rates in Texas are slightly lower at 4.08%.

30 year jumbo mortgage rates are averaging 5.31%, down slightly from yesterday's average 30 year jumbo mortgage rate of 5.31%. 30 year jumbo rates in New Jersey are averaging 5.20%, 11 basis points lower than the national average rate.

Loan Term
Lender
APR / Rate
Fees / Points
Payment
Surety Home Loans
NMLS #1981224
4.924%
15-Year Fixed
4.625%
$8,000
Includes 1.000 points for $4,000
Lender Fees: $4,000
$3,086 /mo
Solidify Mortgage Advisors
NMLS #1283930
License: 01970483
5.445%
15-Year Fixed
5.250%
$5,125
Includes 1.000 points for $4,000
Lender Fees: $1,125
$3,216 /mo
Watermark Capital
NMLS #1838
5.455%
15-Year Fixed
5.250%
$5,395
Includes 0.974 points for $3,896
Lender Fees: $1,499
$3,216 /mo
Mutual of Omaha Mortgage, Inc.
NMLS #1025894
5.548%
15-Year Fixed
5.375%
$4,512
Includes 0.953 points for $3,812
Lender Fees: $700
$3,242 /mo
Surety Home Loans
NMLS #1981224
5.921%
30-Year Fixed
5.750%
$7,500
Includes 0.875 points for $3,500
Lender Fees: $4,000
$2,335 /mo
PenFed Credit Union
NMLS #401822
6.039%
15-Year Fixed
5.750%
$7,500
Includes 0.875 points for $3,500
Lender Fees: $4,000
$3,322 /mo
Rocket Mortgage
NMLS #3030
6.146%
15-Year Fixed
5.990%
$4,000
Includes 1.000 points for $4,000
Lender Fees: $0
$3,374 /mo
Watermark Capital
NMLS #1838
6.231%
30-Year Fixed
6.125%
$4,535
Includes 0.759 points for $3,036
Lender Fees: $1,499
$2,431 /mo
PenFed Credit Union
NMLS #401822
6.289%
30-Year Fixed
6.125%
$7,000
Includes 0.750 points for $3,000
Lender Fees: $4,000
$2,431 /mo
Solidify Mortgage Advisors
NMLS #1283930
License: 01970483
6.347%
30-Year Fixed
6.250%
$4,125
Includes 0.750 points for $3,000
Lender Fees: $1,125
$2,463 /mo
Mutual of Omaha Mortgage, Inc.
NMLS #1025894
6.477%
30-Year Fixed
6.375%
$4,284
Includes 0.896 points for $3,584
Lender Fees: $700
$2,496 /mo
Surety Home Loans
NMLS #1981224
6.533%
5-Year ARM
6.375%
$6,740
Includes 0.915 points for $3,660
Lender Fees: $3,080
$2,496 /mo
Rocket Mortgage
NMLS #3030
6.949%
30-Year Fixed
6.875%
$3,000
Includes 0.750 points for $3,000
Lender Fees: $0
$2,628 /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.

Today's 15 year jumbo rates are lower, averaging 4.68%, an increase from yesterday's average 15 year jumbo rate of 4.65%. Average 15 year jumbo rates in Florida are higher than the national average at 4.80%.

National average mortgage rates and state average mortgage rates are as reported by MonitorBankRates.com.

 
Author: Brian McKay
April 22nd, 2011

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