Refinance Mortgage Rates: 30 Year Refinance Rates at 5.09%, 15 Year Refinance Rates at 4.39%

Refinance rates increased this week, after several weeks of declines. Fixed conforming 30 year refinance mortgage rates are averaging 5.09%, up from the prior week's average refinance rate of 4.95%. This is the first time in several weeks 30 year refinance rates are back above 5.00%.

Fixed jumbo mortgage refinance rates are also up this week, current 30 year jumbo refinance rates are averaging 5.85%, up from last week's average mortgage refinance rate of 5.62%.

Mortgage rates and refinance rates are expected to go higher in the next several months when the Federal Reserve stops buying mortgage-backed securities by the end of March 2010. If you're thinking about refinancing, now is a good time to do so.

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

5.459%

15-Year Fixed

5.250%

$5,500

Includes 0.875 points for $3,500

Lender Fees: $2,000

$3,216 /mo

Next >

NMLS #2326098

License: 60DBO-181478

5.574%

15-Year Fixed

5.375%

$5,393

Includes 0.860 points for $3,440

Lender Fees: $1,953

$3,242 /mo

Next >

NMLS #401822

5.642%

15-Year Fixed

5.375%

$7,000

Includes 0.750 points for $3,000

Lender Fees: $4,000

$3,242 /mo

Next >

NMLS #1025894

5.784%

15-Year Fixed

5.625%

$4,128

Includes 0.857 points for $3,428

Lender Fees: $700

$3,295 /mo

Next >

6.362%

30-Year Fixed

6.250%

$4,728

Includes 1.000 points for $4,000

Lender Fees: $728

$2,463 /mo

Next >

NMLS #1835285

6.368%

30-Year Fixed

6.250%

$5,000

Includes 0.750 points for $3,000

Lender Fees: $2,000

$2,463 /mo

Next >

NMLS #3030

6.407%

15-Year Fixed

6.250%

$4,000

Includes 1.000 points for $4,000

Lender Fees: $0

$3,430 /mo

Next >

NMLS #2326098

License: 60DBO-181478

6.512%

30-Year Fixed

6.375%

$5,949

Includes 0.999 points for $3,996

Lender Fees: $1,953

$2,496 /mo

Next >

NMLS #1025894

6.612%

30-Year Fixed

6.500%

$4,676

Includes 0.994 points for $3,976

Lender Fees: $700

$2,529 /mo

Next >

NMLS #401822

6.770%

30-Year Fixed

6.625%

$5,995

Includes 1.000 points for $4,000

Lender Fees: $1,995

$2,562 /mo

Next >

NMLS #1835285

7.020%

5-Year ARM

6.875%

$5,908

Includes 0.977 points for $3,908

Lender Fees: $2,000

$2,628 /mo

Next >

NMLS #3030

7.212%

30-Year Fixed

7.125%

$3,500

Includes 0.875 points for $3,500

Lender Fees: $0

$2,695 /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.

Looking for mortgage refinance rates? Use our mortgage rate tables to find current refinance rates. Mortgage Refinance Rates.

Refinance Mortgage Rates

The average conforming 30 year mortgage refinance rate is back above 5.00 percent at 5.09 percent, up from last week’s average home refinance rate of 4.95 percent. FHA refinance rates are even lower than conforming refinance rates.

15 year conforming loan refinance rates are averaging 4.39 percent this week, an increase from last week’s home loan refinance rate of 4.34 percent.

Jumbo Refinance Mortgage Rates

Fixed 30-year jumbo refinance rates are averaging 5.85% this week, up from the prior week’s average refinance home loan rate of 5.64%.

15 year jumbo refinance home mortgage rates are averaging 5.07% this week, up from the previous week’s average refinance loan rate of 5.05%.

Adjustable Refinance Mortgage Rates

1 year adjustable refinance loans are averaging 4.26%, a decrease from last week when 1 year refinance mortgage rates averaged 4.67%.

The average conforming 3 year adjustable refinance rate is at 4.61% this week, an increase from last week’s mortgage loan refinance rate of 4.59%.

Conforming 5 year adjustable interest mortgage rates are averaging 4.05% this week, unchanged from the previous week’s average mortgage interest rate. The average 5 year mortgage refinance is also unchanged this week at 4.05%.

The average 7 year conforming mortgage refinance rate is at 4.60%, up from last week’s average mortgage refinance rate of 4.47%.

The average 10 year refinance mortgage rate is at 4.79%, down from last week's equity refinance rate of 4.90%.

Jumbo Refinance Adjustable Mortgage Rates

The average 1 year jumbo adjustable refinance rate is at 5.59%, unchanged from the prior week’s average refinance rate. Right now some of the best refinance rates are 1 year adjustable rates.

The average refinance rate for a 3 year jumbo loan is at 5.44% this week, up from the prior week's average adjustable refinance loan rate of 5.27%.

The average 5 year jumbo refinance interest rate is at 4.76% this week, up from last week’s average refinance bank rate of 4.69%.

7 year jumbo refinance home loans are averaging 5.80% this week, up from the previous week’s average refinance home loan rate of 5.61%.

The average 10 year home refinance rate is at 5.99%, up from the prior week’s when 10 year home refinance rates averaged 5.92%.

Looking for refinancing rates? The best refinance rates can be found in your state by searching our refinance rate tables. Refinance Rates