Mortgage Rates Near 2010 High: Current 30 year Mortgage Rates at 5.17%

Current mortgage rates are near the high for 2010. Mortgage rates jumped higher the past couple of weeks because the Fed wound up its purchase of mortgage-backed securities (MBS) and Treasury yields headed higher. 30 year mortgage rates are currently averaging 5.17 percent this week, up slightly from the prior week's average 30 year mortgage interest rate of 5.16 percent. 30 year rates also hit an inter-week high of 5.25 percent this past week.

15 year fixed mortgage rates are also higher this week over last. 15 year mortgage interest rates are back above 4.50 percent at 4.54 percent, up from last week's average mortgage rate of 4.47 percent. This week is the first week in 2010 15 year rates are above 4.50 percent.

Looking for current mortgage rates and refinance rates? Search our mortgage rate tables here: MortgageRates.MonitorBankRates.com

Loan Type

Purchase Refinance with Cash out Refinance

State

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District Of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

FICO Score

Superior (780-850) Exceptional (760-779) Excellent (740-759) Very Good (720-739) Good (700-719) Above Average (680-699) Average (660-679) Fair (640-659) Need Improvement (620-639) Poor (350-620)

Loan Amount

$

Points

Up to 0 points Up to 0.5 points Up to 1 points Up to 1.5 points Up to 2 points Up to 2.5 points Up to 3 points

LTV

%

Loan Term

 15-Year Fixed  20-Year Fixed  30-Year Fixed  5-Year ARM  7-Year ARM  10-Year ARM

Show Advertiser Disclosure

The lenders whose rates and other terms appear on this chart are ICB's advertising partners. They provide their rate information to our data partner RateUpdate.com. Unless adjusted by the consumer, advertisers are sorted by APR from lowest to highest. For any advertising partners that do not provide their rate they are listed in advertisement display units at the bottom of the chart. Advertising partners may not pay to improve the frequency priority or prominence of their display. The interest rates, annual percentage rates and other terms advertised here are estimates provided by those advertising partners based on the information you entered above and do not bind. Any lender Monthly payment amounts stated do not include amounts for taxes and insurance premiums. The actual payment obligation will be greater if taxes and insurance are included. Although our data partner RateUpdate.com collects the information from the financial institutions themselves, the accuracy of the data cannot be guaranteed. Rates may change without notice and can change intraday. Some of the information contained in the rate tables including but not limited to special marketing notes is provided directly by the lenders. Please verify the rates and offers before applying for a loan with the financial institution themselves. No rate is binding until locked by a lender.

Lender

APR / Rate

Fees / Points

Payment

NMLS #1835285

5.296%

15-Year Fixed

5.125%

$4,500

Includes 0.625 points for $2,500

Lender Fees: $2,000

$3,190 /mo

Next >

NMLS #2578474

5.370%

15-Year Fixed

5.250%

$3,150

Includes 0.525 points for $2,100

Lender Fees: $1,050

$3,216 /mo

Next >

NMLS #757416

5.513%

15-Year Fixed

5.375%

$3,616

Includes 0.904 points for $3,616

Lender Fees: $0

$3,242 /mo

Next >

NMLS #1025894

5.525%

15-Year Fixed

5.375%

$3,932

Includes 0.808 points for $3,232

Lender Fees: $700

$3,242 /mo

Next >

NMLS #6606

5.763%

15-Year Fixed

5.625%

$3,592

Includes 0.898 points for $3,592

Lender Fees: $0

$3,295 /mo

Next >

NMLS #401822

6.175%

15-Year Fixed

6.000%

$4,495

Includes 0.625 points for $2,500

Lender Fees: $1,995

$3,376 /mo

Next >

NMLS #1835285

6.259%

5-Year ARM

6.125%

$5,724

Includes 0.931 points for $3,724

Lender Fees: $2,000

$2,431 /mo

Next >

NMLS #1835285

6.266%

30-Year Fixed

6.125%

$6,000

Includes 1.000 points for $4,000

Lender Fees: $2,000

$2,431 /mo

Next >

NMLS #2578474

6.336%

30-Year Fixed

6.250%

$3,650

Includes 0.650 points for $2,600

Lender Fees: $1,050

$2,463 /mo

Next >

NMLS #757416

6.558%

30-Year Fixed

6.490%

$2,836

Includes 0.709 points for $2,836

Lender Fees: $0

$2,526 /mo

Next >

NMLS #1025894

6.577%

30-Year Fixed

6.490%

$3,604

Includes 0.726 points for $2,904

Lender Fees: $700

$2,526 /mo

Next >

NMLS #401822

6.632%

30-Year Fixed

6.500%

$5,495

Includes 0.875 points for $3,500

Lender Fees: $1,995

$2,529 /mo

Next >

NMLS #6606

6.717%

30-Year Fixed

6.625%

$3,828

Includes 0.957 points for $3,828

Lender Fees: $0

$2,562 /mo

Next >

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.

Mortgage Rates, Current

Jumbo Rate Mortgages

30 year jumbo bank mortgage rates are averaging  5.59 percent this week, down from the previous week’s average jumbo loan rate of 5.61 percent. Current jumbo refinance rates are also averaging 5.61 percent this week.

15 year jumbo mortgage rates are averaging 5.10 percent this week, an increase from last week’s average jumbo rate of  5.05. 15 year jumbo refinance rates are also averaging 5.10 percent this week.

Adjustable Mortgage Rates

1 year conforming adjustable mortgage rates are averaging 4.67 percent this week, an increase from last week’s average 1 year home loan rate of 4.63 percent. 1 year mortgage refinance rates are also averaging 4.67 percent this week.

The average 3 year conforming adjustable mortgage rate is at 4.61 percent this week, down from the previous week’s average home mortgage rate of 4.66 percent. 3 year refinance rates are also averaging 4.61 percent this week.

5 year conforming adjustable mortgage interest rates are averaging 4.01 percent this week, up from last week’s average home loan rate of 3.98 percent. 5 year mortgage refinance rates were also up this week, the average 5 year refi rate is 4.01 percent.

7 year conforming ARMs are averaging 4.55 percent this week, down from the prior week’s average 7 year loan interest rate of 4.61 percent. 7 year mortgage refinance rates are also averaging 4.55 percent this week.

Conforming 10 year adjustable mortgage rates are averaging 4.84 percent this week, a decrease from last week’s average mortgage interest rate of 4.89 percent. 10 year home loan refinance rates are also averaging 4.81 percent this week.

Jumbo Adjustable Mortgage Rates

1 year jumbo ARMs are averaging in at 5.59 percent this week, unchanged from last week’s average mortgage interest rate.

The average 3 year jumbo ARM is at 5.28 percent this week, up from the prior week’s average home loan rate of 5.15 percent. 3 year home refinance rates are also up this week. The current 3 year jumbo refi rate is 5.28 percent.

The average 5 year jumbo ARM is at 4.61 percent this week, a decrease from last week’s average mortgage rate of 4.65 percent. Current 5 year refinance loan rates are averaging 4.61 percent.

7 year jumbo ARMs are averaging 5.58 percent this week, up from last week’s average loan mortgage rate of 5.50 percent.7 year loan refinance rates are also averaging 5.58 percent this week.

10 year jumbo mortgage interest rates are averaging 6.01 percent this week, up from last week’s average 10 year rate of 5.91 percent. 10 year jumbo refinance loan rates are also averaging 6.01 percent this week.

Interest Only Mortgage Rates

The average conforming 3 year interest only mortgage rate is at 4.70% this week, down from the previous week’s average mortgage interest rate of 4.92%.

The average 5 year interest only home loan is at 4.06% this week, down from last week’s average five year interest only mortgage rate of 4.16%.

7 year IO home loans are averaging 4.70% this week, up from last week’s average interest rate of 4.61%.

3 year jumbo IO loans are averaging 5.78 percent this week, up from last week’s jumbo interest mortgage rate of 5.63 percent.

The average 5 year jumbo IO loan rate is at 5.12 percent, down from the prior week’s average IO mortgage rate of 5.29 percent.

The average 7 year jumbo IO loan is at 6.05 percent, up from the prior week’s average jumbo 7 year rate of 5.88 percent.

Home Equity Loan Rates

The average home equity loan rate is down this week over last. 10 year home equity loan rates are averaging 7.440 percent this week, up from last week’s average equity home loan rate of 7.281. 15 year home equity rates averaged 7.620 percent, up from last week’s average home equity rate of 7.557.

Home Equity Line of Credit Rates (HELOC)

Average home equity line of credit rates are at 4.675 percent this week, unchanged from the prior week’s average HELOC rate.