Mortgage Rates Today: Current Mortgage Rates on 30 Year Home Loans at 3.97%

Mortgage rates today on 30 year home mortgage loans increased to 3.97%, up from yesterday's average 30 year mortgage rate of 3.89%. 30 year mortgage rates bounced off of yesterday's all-time low but rates probably won't go much higher this week since 10 year bond yields are trading in a tight range. Mortgage rates today on 15 year home loans are also higher averaging 3.31%, an increase from yesterday's average 30 year mortgage rate of 3.25%.

Compare mortgage interest rates from several lenders by using our rate tables here: MonitorBankRates.com/Mortgages. Unlike most websites, no personal information is needed to view a list of mortgage rates.

Current mortgage rates on 30 year jumbo loans are averaging 4.36%, down from yesterday's average 30 year jumbo mortgage rate of 4.43%. 15 year jumbo mortgage rates today are averaging 3.70%, down from yesterday's average 15 year jumbo mortgage rate of 3.75%.

Mortgage Rates Today

Conforming Adjustable Home Loans - Current Mortgage Rates Today

1 year home loan adjustable mortgage rates current are averaging 3.63%, down from last week’s average 1 year adjustable mortgage rate of 3.71%.

3 year adjustable bank mortgage rates today are averaging 2.54%, down  from last week’s average 3 year adjustable mortgage rate of 2.71%.

5 year adjustable mortgage rates are averaging 2.83%, an increase from the prior week’s average 5 year adjustable rate of 2.73%.

Current 7 year adjustable mortgage rates are averaging 2.91%, down from the previous week’s average 7 year adjustable mortgage rate of 3.00%.

10 year adjustable mortgage rates currently are averaging 3.50%, down from last week’s average 10 year adjustable rate of 3.54%.

Adjustable Jumbo Loans – Current Mortgage Interest Rates

Current 1 year adjustable jumbo mortgage rates are averaging 4.50%, unchanged from last week’s average adjustable jumbo mortgage rate.

3 year adjustable jumbo rates today are averaging lower at 3.36%, no change from last week’s average 3 year jumbo adjustable rate.

5 year adjustable jumbo mortgage rates and refinance rates currently are averaging 3.00%, down from last week’s average jumbo adjustable rate of 3.07%.

7 year jumbo adjustable mortgage rates and refinance rates today are averaging 3.47%, down from last week’s average 7 year adjustable home loan rate of 3.50%.

10 year jumbo loan rates and refi rates are averaging 3.82%, down from the prior week’s average 10 year jumbo home mortgage loan rate of 3.90%.

Conforming IO Adjustable Home Loans – Mortgage Rates Today

3 year interest only adjustable mortgage loan rates and refinancing rates are averaging 3.21%, down from last week’s average interest only mortgage loan rate of 3.22%.

5 year IO adjustable loan mortgage rates and mortgage refinance rates are averaging 2.89%, down from last week’s average five year interest only mortgage rate of 2.97%.

7 year interest only adjustable mortgage rates and refinance rates are averaging 3.16%, down from last week’s average 7 year interest-only mortgage interest rate of 3.25%.

IO Jumbo Mortgage Loans – Today's Mortgage Interest Rates

Today’s 3 year jumbo interest only adjustable loan rates are averaging 3.66%, up from last week’s average jumbo adjustable mortgage interest rate of 3.62%.

Current 5 year adjustable jumbo interest only rates are averaging 3.38%, down from last week’s average IO home mortgage interest rate of 3.48%.

Today’s 7 year jumbo interest only adjustable rates are averaging 3.64%,  down from last week’s average jumbo 7 year home mortgage loan rate 3.76%.

Home Equity Loan Rates

10 year home equity loan rates are averaging 6.25%, unchanged from last week’s average home equity loan rate.

15 year home equity rates are averaging 6.41%, unchanged from last week’s average home equity loan rate.

Home Equity Line of Credit

Home equity line of credit rates currently are averaging 4.81%, unchanged last week’s average rate HELOC rate.

Mortgage Calculator

Monitor Bank Rates offers a free mortgage loan calculator with PMI and an amortization schedule you can use to calculate how much home you can afford. You can find the mortgage calculator under our “Calculators” section.

Mortgage Rates Widget

Monitor Bank Rates also offers free mortgage rate widgets including state average mortgage rates that are automatically updated daily. Our mortgage rate widgets are free for anyone to use on their website, you can find the mortgage rate widgets under our “Widgets” section

 
Author: Lisa Graham
January 4th, 2012

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