Mortgage Rates Today in PMMS: 30 Year Mortgage Rates at 3.66%

For the forth consecutive week average 30 year mortgage rates are higher in Freddie Mac's Primary Mortgage Market Survey. Average 30 year mortgage rates increased to 3.66 percent with 0.7 point for the week ending August 23, 2012. 30 year mortgage rates are up from the prior week's average of 3.62 percent.

While average mortgage interest rates have increased in the past four week's PMMS survey you can expect rates to decrease next week. 10 year Treasury yields have tumbled the past couple of days on news that the majority of Fed governors say more Fed action is needed to help the economy.

This news sent bond yields down from a recent high of 1.82 percent down to the current yield of 1.67 percent. Average mortgage rates todayon 30 year conforming loans in Bankrate's national average survey are down to 3.59 percent.

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 MRC'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 #1025894

5.078%

15-Year Fixed

4.875%

$5,404

Includes 0.851 points for $3,404

Lender Fees: $2,000

$3,138 /mo

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NMLS #1025894

5.760%

30-Year Fixed

5.625%

$5,924

Includes 0.981 points for $3,924

Lender Fees: $2,000

$2,303 /mo

Next >

Rate data provided by RateUpdate.com. Displayed by 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.

You can also find 30 year mortgage rates or refinance rates below the averages. Today's mortgage rates on our rate table for California has some lenders offering 30 year rates as low as 3.25 percent.

In Freddie Mac's survey this week 15 year mortgage rates have also moved higher. 15 year mortgage rates averaged 2.89 percent with 0.7 point, an increase from the previous week's average 15 year mortgage rate of 2.88 percent.

Current mortgage rates on 15 year loans in Bankrate's survey are averaging 2.93 percent. Right now on our 15 year refinance rates list in Texas there are lenders offering 15 year refi rates below the average and as low as 2.38 percent with points.

Adjustable mortgage rates were mixed in this week's survey. Average conforming 5 year adjustable mortgage rates were at 2.80 percent with 0.6 points, up from last week's average of 2.76 percent. Mortgage rates current on our 5 year adjustable loans list for the state of Florida are as low as 2.00 percent.