Mortgage Rates Weekend Update: 30 Year Mortgage Rates at 4.21%

Mortgage rates are mixed in our weekend update of average mortgage ratesToday's mortgage rates on 30 year fixed conventional loans are averaging 4.21%, up from yesterday’s average 30 year mortgage rate of 4.20%. Mortgage rates today on 15 year fixed conforming mortgage loans are lower averaging 3.45%, down from yesterday’s average 15 year mortgage rate of 3.47%.

Compare today's mortgage rates from several lenders by using our mortgage rate tables here: Mortgage Rates Today . Unlike most websites, no personal information is needed to view a list of mortgage rates.

Mortgage rates today on 30 year jumbo mortgage loans are averaging 4.56%, unchanged from yesterday’s average 30 year jumbo mortgage rate. Current mortgage rates 15 year jumbo mortgages are averaging 3.78%, a slight decline from yesterday’s average 15 year jumbo mortgage rate of 3.79%.

Loan Term
Lender
APR / Rate
Fees / Points
Payment
District Lending
NMLS #1835285
4.938%
15-Year Fixed
4.750%
$5,000
Includes 0.750 points for $3,000
Lender Fees: $2,000
$3,112 /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
District Lending
NMLS #1835285
5.887%
30-Year Fixed
5.750%
$6,000
Includes 1.000 points for $4,000
Lender Fees: $2,000
$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
District Lending
NMLS #1835285
6.637%
5-Year ARM
6.500%
$5,700
Includes 0.925 points for $3,700
Lender Fees: $2,000
$2,529 /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.

Mortgage Rates

30 Year Mortgage Rates at 4.21% Mortgage Rates Weekend Update

Today’s Mortgage Rates  on Conforming Adjustable Mortgages

1 year adjustable current mortgage rates today are averaging 3.77%, up from last week’s average 1 year adjustable mortgage rate of 3.75%.

3 year adjustable mortgage rates today are averaging 2.74%, down from last week’s average 3 year adjustable mortgage rate of 2.75%. Use our free mortgage loan calculator to figure out your monthly mortgage payments.

5 year adjustable mortgage rates are averaging 2.82%, a decrease from the prior week’s average 5 year adjustable rate of 3.06%.

Current 7 year adjustable mortgage rates are averaging 3.12%, up from the previous week’s average 7 year adjustable mortgage rate of 3.11%.

10 year adjustable mortgage rates currently are averaging 3.60%, up from last week’s average 10 year adjustable rate of 3.58%.

Adjustable Jumbo – Today's Mortgage Rates

Current 1 year adjustable jumbo mortgage rates are averaging 4.05%, unchanged from last week’s average adjustable jumbo mortgage rate.

3 year adjustable jumbo rates today are averaging lower at 3.49%, down from last week’s average 3 year jumbo adjustable rate of 3.56%.

5 year adjustable jumbo mortgage rates currently are averaging 3.02%, no change from last week’s average jumbo adjustable rate.

7 year jumbo adjustable mortgage rates today are averaging 3.57%, down from last week’s average 7 year adjustable home loan rate of 3.66%.

10 year jumbo loan rates and refi rates are averaging 3.96%, down from the prior week’s average 10 year jumbo home mortgage loan rate of 3.97%.

Interest Only Conventional Adjustable – Mortgage Rates Todays

3 year interest only adjustable mortgage loan rates and refinancing rates are averaging 3.15%, up from last week’s average interest only mortgage loan rate of 3.11%.

5 year IO adjustable loan mortgage rates are averaging 3.18%, down from last week’s average five year interest only mortgage rate of 3.24%.

7 year interest only adjustable mortgage rates are averaging 3.54%, up from last week’s average 7 year interest-only mortgage interest rate of 3.45%.

Interest Only Jumbo - Todays Mortgage Rates

Today’s 3 year jumbo interest only adjustable loan rates are averaging 3.67%, down from last week’s average jumbo adjustable interest only rate of 3.78%

Current 5 year adjustable jumbo interest only rates are averaging 3.44%, a decrease from last week’s average IO home mortgage interest rate of 3.53%.

Today’s 7 year jumbo interest only adjustable rates are averaging 3.79%, down from last week’s average jumbo 7 year home mortgage loan rate of 3.88%.

Home Equity Loan Rates

10 year home equity loan rates are averaging 6.45%, down from last week’s average home equity loan rate of 6.51%

15 year home equity rates are averaging 6.41%, down from last week’s average home equity loan rate of 6.48%.

Home Equity Line of Credit 

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

 
Author: Brian McKay
October 29th, 2011

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