Mortgage Rates Higher: Current 30 Year Mortgage Rates at 4.96%, 15 Year Mortgage Rates at 4.27%

Mortgage rates are higher this week after a few weeks of declines. Mortgage rates started heading down in May when Treasury yields dropped because of the financial crisis in Europe. When the IMF and the European Union put together a rescue package for Greece, interest rates headed higher. 30 year mortgage rates are up to 4.96 percent this week, up from last week's average mortgage rate of 4.81 percent. 15 year mortgage rates bucked the trend and headed down slightly this week over last Current 15 year mortgage rates are averaging are 4.27 percent, down from the prior week's average mortgage rate of 4.28 percent.

Looking for current mortgage refinance rates? Search our mortgage rate tables at MortgageRates.MonitorBankRates.com to find the best refinance mortgage rates.

Today's Jumbo Mortgage Rates

Today's 30 year jumbo mortgage rates are averaging  5.45 percent, up from last week's average 30 year jumbo rate of 5.38 percent.

Current 15 year jumbo mortgage rates are averaging 5.01 percent, an increase from last week's average mortgage rate of 4.80 percent last week.

Today's Adjustable Mortgage Rates

Current 1 year conforming adjustable mortgage rates are averaging 3.78 percent, down from the previous week's average 1 year adjustable rate of 3.82 percent.

Current 3 year conforming adjustable mortgage refinance rates are averaging 4.52 percent, up from last week's average 3 year adjustable rate of 4.35 percent.

Today's 5 year adjustable mortgage rates are averaging 4.07 percent, up from last week's average home loan mortgage rate of 3.90 percent.

Current 7 year adjustable mortgage interest rates are averaging 4.33, unchanged from last week's average 7 year adjustable mortgage rate.

10 year adjustable mortgage rates are averaging 4.55 percent, an increase from last week's average mortgage loan rate of 4.49 percent.

Current Jumbo Adjustable Mortgage Rates

Current 1 year jumbo adjustable mortgage rates are averaging 5.95 percent, unchanged from last week's average 1 year jumbo adjustable rate.

Today's 3 year jumbo adjustable mortgage rates are averaging 4.87 percent, a decrease from last week's average jumbo home refinance rate of 5.05 percent.

Current 5 year jumbo rates are averaging 4.46 percent, an increase from the prior week's average 5 year mortgage rate of 4.40 percent.

Today's 7 year jumbo adjustable mortgage rates are averaging 5.31 percent, up from Monday’s average loan rate of 5.14 percent.

Currently, 10 year jumbo rates are averaging 5.63 percent, up from last week's average 10 year jumbo interest rate of 5.56 percent.