Mortgage refinance rates continue to drift down this week. 30 year mortgage refinance rates are down to 4.91 percent, down from an average 30 year refinance rate of 4.95 percent earlier this week. 15 year mortgage refinance rates are also lower this week.  The average rate on a 15 year mortgage refinance loan is down to averaging 4.32%, down from a rate of 4.35 percent earlier this week.

30 year jumbo refinance rates haven’t moved all week. The average 30 year jumbo refinance rate is unchanged at 5.57 percent. The average 15 year jumbo refinance rate was lower this week over last but hasn’t changed since Tuesday. 15 year jumbo mortgage refi rates are still averaging 4.97%.

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

Refinance Mortgage Rates

Adjustable Mortgage Refinance Rates – Conforming Loans

Current 1 year adjustable refinance loan rates are averaging 4.48%, up from Tuesday when 1 year loan refinance rates averaged 4.40%.

Today’s 3 year adjustable refi rates are averaging 4.49%, a decrease from the average 3 year refinance rate of 4.51 percent on Tuesday.

The average 5 year adjustable refinance interest rate is at 3.85%, down from mortgage refinance loan rate of 3.97% on Tuesday.

The average 7 year conforming mortgage loan refinance rate is at 4.36%, a decrease from Tuesday’s average refinance home mortgage rate of 4.42%.

The average 10 year refinance mortgage loan rates is at 4.68%, down from Tuesday’s average refinance credit rate of 4.82%.

Jumbo Refinance Mortgage Rates

The average 1 year jumbo adjustable home mortgage refinance rate is at 5.59%, unchanged from last week’s average refinance mortgage rate.

3 year jumbo adjustable home loan refinance rates are averaging 5.11%, down from Tuesday’s average adjustable home mortgage refinance rate of 5.14%.

The average 5 year jumbo refinance interest rate is at 4.51%, down from Tuesday’s average mortgage loan refinance rate of 4.63%.

Current 7 year jumbo refinance home loan rates are averaging 5.28%, a decrease from Tuesday’s average refinance home loan rate of 5.34%.

10 year home refinance loan rates currently averaging 5.66%, down from Tuesday’s average 10 year mortgage rate refinance rate of 5.81%.

Looking into refinancing your mortgage: Use our refinance rate tables to find the best refinance rates: MortgageRates.MonitorBankRates.com.

Current mortgage rates were slightly higher in this week’s mortgage survey with the exception of 1 year adjustable mortgage rates which were down 10 basis points to 4.22 percent. 30 year mortgage rates averaged 4.96 percent for the week ending March 18, 2010 in the current Primary Mortgage Market Survey released by Freddie Mac. Average mortgage discount points on 30 year mortgages remained unchanged at 0.7 points.

Looking for today’s mortgage rates? Find current mortgage rates  by using our rate tables: MortgageRates.MonitorBankRates.com.

The average 15 year fixed mortgage rate is up to 4.33 percent for the week ending March 18, 2010, a increase from the prior week’s average mortgage interest rate of 4.32 percent. Average mortgage points remained at 0.7 points, unchanged from the previous week.

5 year U.S. Treasury-indexed adjustable mortgage rates are averaging 4.09 percent, up from the previous week’s average mortgage rate of 4.05 percent. Mortgage discount points averaged 0.6 points.

1 year Treasury indexed adjustable mortgage rates averaged 4.12 percent this week, down from the previous week’s average interest rate of 4.22 percent. Mortgage points were unchanged at 0.6 points.

For a more extensive report on today’s mortgage rates and refinance rates, MonitorBankRates.com released its Weekly Mortgage Rate Report on Monday, which follows:

Jumbo Mortgage Rates

30 year jumbo mortgage rates are averaging 5.57 percent this week, a decrease from the last week’s average home loan rate of 5.73 percent.

The average 15 year jumbo mortgage interest rate is at 4.98 percent this week, a decline from last week’s average jumbo loan mortgage rate of 5.13 percent. Adjustable Conforming Mortgage Rates

The average conforming 1 year adjustable rate mortgage is at 4.37 percent this week, down from the prior week’s average 1 year home loan rate of 4.40 percent.

The average 3 year conforming adjustable mortgage interest rate is at 4.49 percent this week, a decrease from the previous week when 3 year home mortgage interest rates averaged 4.55 percent.

5 year conforming adjustable mortgages are averaging 3.94 percent this week, a increase from last week’s average home loan rate of 3.86 percent.

7 year conforming ARMs are averaging 4.47 percent, up from the prior week’s average mortgage loan interest rate of 4.41 percent.

10 year adjustable bank mortgage rates are averaging 4.75 percent this week, down slightly from last week’s average mortgage interest rate of 4.76 percent.

Adjustable Jumbo Mortgage Rates

The average 1 year jumbo ARM is at 5.59 percent this week, unchanged from the prior week’s average home loan interest rate.

The average 3 year jumbo ARM is at 5.14 percent this week, a decrease from the prior week’s average home loan rate of 5.29 percent.

The average 5 year jumbo ARM is at 4.63% this week, down from the previous week’s average mortgage rate of 4.70%.

7 year jumbo ARMs are averaging 5.38 percent this week, down from last week’s average loan mortgage rate of 5.44 percent.

10 year jumbo mortgage interest rates are averaging 5.84 percent this week, down from last week’s average 10 year rate of 5.86 percent.

Interest Only Mortgage Rates

The average 3 year interest only mortgage rate is at 4.74% this week, down from the prior week’s average mortgage interest rate of 4.79%.

The average 5 year interest only home loan is at 4.13% this week, up from last week’s average five year home interest only mortgage rate of 3.98%.

7 year IO home loans are averaging 4.65% this week, an increase from last week’s average interest rate of 4.59%.

Jumbo Interest Only Mortgage Rates

3 year jumbo IO loans are averaging 5.67 percent this week, up from last week’s jumbo interest mortgage rate of 5.63 percent.

The average 5 year jumbo IO loan rate is at 5.28 percent, down from the prior week’s average IO mortgage rate of 5.30 percent.

7 year jumbo IO loans are averaging 5.76 percent, down from the prior week’s average jumbo 7 year rate of 5.82 percent.

Home Equity Loan Rates

The average home equity loan rate was up this week over last. 10 year home equity loan rates are at 7.481 percent this week, unchanged from last week’s average equity home loan rate. 15 year home equity rates averaged 7.805 percent, unchanged from last week’s average home equity rate.

Home Equity Line of Credit Rates (HELOC)

Average home equity line of credit rates are at 4.777 percent this week, unchanged from last week’s average HELOC rate

Mortgage Refinance Rates

Adjustable Refinance Mortgage Rates – Conforming Loans

1 year adjustable refinance loan rates are averaging 4.48% this week, up from last week when 1 year loan refinance rates averaged 4.40%.

3 year adjustable refi rates are averaging 4.51% this week, an increase from the prior week’s mortgage loan refinance rate of 4.44%.

The average 5 year adjustable refinance interest rate is at 3.97% this week, up from last week’s average mortgage refinance interest rate of 3.99%.

The average 7 year conforming mortgage refinance rate is at 4.42%, an increase from last week’s average mortgage refinance rate of 4.38%.

The average 10 year refinance mortgage rates is at 4.82% this week, up from last week’s refinance rate of 4.77%.

Jumbo Refinance Mortgage Rates

The average 1 year jumbo adjustable refinance rate is at 5.59%, unchanged from last week’s average refinance rate.

3 year jumbo adjustable refi rates are averaging 5.14%, down from last week’s average adjustable refinance loan interest rate of 5.18%.

The average 5 year jumbo refinance interest rate is at 4.63% this week, up  from last week’s average refinance bank rate of 4.58%.

7 year jumbo refinance home loan rates are averaging 5.34% this week, a decrease from last week’s average refinance home loan rate of 5.46%.

10 year home refi rates are averaging 5.88% this week, up from the prior week’s average 10 year home refinance rate of 5.81%,

Looking into refinancing your mortgage: Use our refinance rate tables to find the best refinance rates: MortgageRates.MonitorBankRates.com

Mortgage rates are lower in the most recent mortgage survey released this morning. 30 year mortgage rates are back below 5.00% for the week ending March 12, 2010. 30 year mortgage rates have been seesawing above and below 5.00 percent for over a month now.

The average contract 30 year mortgage rate is at 4.91% for the week ending March 12, 2010, down from last week’s average mortgage interest rate of 5.01% according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. Average mortgage discount points increased to 1.30 points, up from last week’s average of 0.82 points.

Looking for mortgage rates and refinance rates? Search our mortgage rate tables: MortgageRates.MonitorBankRates.com.

The average contract 15 year mortgage rate decreased to 4.24% for the week ending March 5, 2010, down from the prior week’s average 15 year mortgage rate of 4.32%. Average mortgage discount points increased to 1.47 points, up from  from 0.88 points the prior week.

The average contract rate for 1 year adjustable mortgages decreased to 6.75, down from the previous week’s average of 6.80 percent. Average mortgage points remained unchanged at 0.30 points.

For a more extensive report on today’s mortgage rates and refinance rates, MonitorBankRates.com released its Weekly Mortgage Rate Report on Monday, which follows:

Jumbo Mortgage Rates

30 year jumbo mortgage rates are averaging 5.57 percent this week, a decrease from the last week’s average home loan rate of 5.73 percent. Jumbo refinance rates were also down 16 basis points this week to 5.57 percent.

The average 15 year jumbo mortgage interest rate is at 4.98 percent this week, a decline from last week’s average jumbo loan mortgage rate of 5.13 percent. The average 15 year jumbo mortgage refinance rate is also under 5.00 percent at 4.98 percent.

Adjustable Conforming Mortgage Rates

The average conforming 1 year adjustable rate mortgage is at 4.37 percent this week, down from the prior week’s average 1 year home loan rate of 4.40 percent.

The average 3 year conforming adjustable mortgage interest rate is at 4.49 percent this week, a decrease from the previous week when 3 year home mortgage interest rates averaged 4.55 percent.

5 year conforming adjustable mortgages are averaging 3.94 percent this week, a increase from last week’s average home loan rate of 3.86 percent. The average 5 year mortgage refinance is also up this week to 3.94 percent.

7 year conforming ARMs are averaging 4.47 percent, up from the prior week’s average mortgage loan interest rate of 4.41 percent. 7 year mortgage refinance rates are also averaging at 4.47 percent.

10 year adjustable bank mortgage rates are averaging 4.75 percent this week, down slightly from last week’s average mortgage interest rate of 4.76 percent. 10 year home loan refinance rates are also averaging 4.75 percent.

Adjustable Jumbo Mortgage Rates

The average 1 year jumbo ARM is at 5.59 percent this week, unchanged from the prior week’s average home loan interest rate.

The average 3 year jumbo ARM is at 5.14 percent this week, a decrease from the prior week’s average home loan rate of 5.29 percent. 3 year home refinance rates are down to 5.14 percent this week.

The average 5 year jumbo ARM is at 4.63% this week, down from the previous week’s average mortgage rate of 4.70%. The average 5 year refinance loan is averaging 4.63 percent this week.

7 year jumbo ARMs are averaging 5.38 percent this week, down from last week’s average loan mortgage rate of 5.44 percent. 7 year loan refinance rates are also averaging 5.38 percent, down from the prior week’s average refinance rate.

10 year jumbo mortgage interest rates are averaging 5.84 percent this week, down from last week’s average 10 year rate of 5.86 percent. 10 year jumbo refinance loan rates are also lower this week, the average rate is 5.84 percent.

Interest Only Mortgage Rates

The average 3 year interest only mortgage rate is at 4.74% this week, down from the prior week’s average mortgage interest rate of 4.79%.

The average 5 year interest only home loan is at 4.13% this week, up from last week’s average five year home interest only mortgage rate of 3.98%.

7 year IO home loans are averaging 4.65% this week, an increase from last week’s average interest rate of 4.59%.  The average 7 year IO refinance home loan rate is also at 4.65% this week.

Jumbo Interest Only Mortgage Rates

3 year jumbo IO loans are averaging 5.67 percent this week, up from last week’s jumbo interest mortgage rate of 5.63 percent. 3 year jumbo refinance interest rates are averaging 5.67 percent.

The average 5 year jumbo IO loan rate is at 5.28 percent, down from the prior week’s average IO mortgage rate of 5.30 percent. 5 year jumbo IO refinance interest rates are averaging 5.28 percent this week.

7 year jumbo IO loans are averaging 5.76 percent, down from the prior week’s average jumbo 7 year rate of 5.82 percent.

Home Equity Loan Rates

The average home equity loan rate was up this week over last. 10 year home equity loan rates are at 7.481 percent this week,unchanged from last week’s average equity home loan rate. 15 year home equity rates averaged 7.805 percent, unchanged from last week’s average home equity rate.

Home Equity Line of Credit Rates (HELOC)

Average home equity line of credit rates are at 4.777 percent this week, unchanged from last week’s average HELOC rate.

30 year mortgage refinance rates are higher this week but stayed under 5.00% for the second consecutive week. 30 year refinance rates are averaging 4.95%, up from last week’s average refinance rate of 4.88%. 15 year mortgage refinance rates are also higher this week.  The average rate on a 15 year mortgage refinance loan is averaging 4.35%, up from last week’s average refinance rate of 4.30%.

The Fed meets this week to decide the direction of interest rates. An interest rate hike isn’t in the cards in this meeting but a change in Fed speak probably is. Since the credit crisis, the Fed has said they will keep rates low for an “extended period of time.” A debate is heating up about changing that phrase. Read more here: Fed Signals Higher Rates.

30 year jumbo rates for refinancing are unchanged this week over last. The average refinance rate is at 5.57%. The average 15 year jumbo refinance rates was lower this week, the second consecutive week refi rates remained under 5.00%. 15 year jumbo mortgage refi rates are averaging 4.97%, down from last week’s average rate of 4.98%.

Looking for refi rates? Use our rate tables to find the best refi rates. MortgageRates.MonitorBankRates.com.

Mortgage Refinance Rates

Adjustable Refinance Mortgage Rates – Conforming Loans

1 year adjustable refinance loan rates are averaging 4.48% this week, up from last week when 1 year loan refinance rates averaged 4.40%.

3 year adjustable refi rates are averaging 4.51% this week, an increase from the prior week’s mortgage loan refinance rate of 4.44%.

The average 5 year adjustable refinance interest rate is at 3.97% this week, up from last week’s average mortgage refinance interest rate of 3.99%.

The average 7 year conforming mortgage refinance rate is at 4.42%, an increase from last week’s average mortgage refinance rate of 4.38%.

The average 10 year refinance mortgage rates is at 4.82% this week, up from last week’s refinance rate of 4.77%.

Jumbo Refinance Mortgage Rates

The average 1 year jumbo adjustable refinance rate is at 5.59%, unchanged from last week’s average refinance rate.

3 year jumbo adjustable refi rates are averaging 5.14%, down from last week’s average adjustable refinance loan interest rate of 5.18%.

The average 5 year jumbo refinance interest rate is at 4.63% this week, up  from last week’s average refinance bank rate of 4.58%.

7 year jumbo refinance home loan rates are averaging 5.34% this week, a decrease from last week’s average refinance home loan rate of 5.46%.

10 year home refi rates are averaging 5.88% this week, up from the prior week’s average 10 year home refinance rate of 5.81%.

Looking into refinancing your mortgage: Use our refinance rate tables to find the best refinance rates: MortgageRates.MonitorBankRates.com

Mortgage rates were down in our latest Mortgage Rate Survey. Conforming mortgage rates and jumbo mortgage rates were all down. 15 year jumbo mortgage rates broke through 5.00 percent and are now averaging 4.98 percent. 

Fixed 30 year conforming mortgage rates are averaging 4.94 percent, down slightly from last week’s average 30 year mortgage rate of 4.95 percent. Conforming 15 year fixed mortgage rates are down to 4.33 percent, down from the prior week’s average interest rate of 4.39 percent.

Looking for current mortgage rates and refinance rates? Search our mortgage rate tables here: MonitorBankRates.com

Jumbo Mortgage Rates

30 year jumbo mortgage rates are averaging 5.57 percent this week, a decrease from the last week’s average home loan rate of 5.73 percent. Jumbo refinance rates were also down 16 basis points this week to 5.57 percent.

The average 15 year jumbo mortgage interest rate is at 4.98 percent this week, a decline from last week’s average jumbo loan mortgage rate of 5.13 percent. The average 15 year jumbo mortgage refinance rate is also under 5.00 percent at 4.98 percent.

Adjustable Conforming Mortgage Rates

The average conforming 1 year adjustable rate mortgage is at 4.37 percent this week, down from the prior week’s average 1 year home loan rate of 4.40 percent.

The average 3 year conforming adjustable mortgage interest rate is at 4.49 percent this week, a decrease from the previous week when 3 year home mortgage interest rates averaged 4.55 percent.

5 year conforming adjustable mortgages are averaging 3.94 percent this week, a increase from last week’s average home loan rate of 3.86 percent. The average 5 year mortgage refinance is also up this week to 3.94 percent.

7 year conforming ARMs are averaging 4.47 percent, up from the prior week’s average mortgage loan interest rate of 4.41 percent. 7 year mortgage refinance rates are also averaging at 4.47 percent.

10 year adjustable bank mortgage rates are averaging 4.75 percent this week, down slightly from last week’s average mortgage interest rate of 4.76 percent. 10 year home loan refinance rates are also averaging 4.75 percent.

Adjustable Jumbo Mortgage Rates

The average 1 year jumbo ARM is at 5.59 percent this week, unchanged from the prior week’s average home loan interest rate.

The average 3 year jumbo ARM is at 5.14 percent this week, a decrease from the prior week’s average home loan rate of 5.29 percent. 3 year home refinance rates are down to 5.14 percent this week.

The average 5 year jumbo ARM is at 4.63% this week, down from the previous week’s average mortgage rate of 4.70%. The average 5 year refinance loan is averaging 4.63 percent this week.

7 year jumbo ARMs are averaging 5.38 percent this week, down from last week’s average loan mortgage rate of 5.44 percent. 7 year loan refinance rates are also averaging 5.38 percent, down from the prior week’s average refinance rate.

10 year jumbo mortgage interest rates are averaging 5.84 percent this week, down from last week’s average 10 year rate of 5.86 percent. 10 year jumbo refinance loan rates are also lower this week, the average rate is 5.84 percent.

Interest Only Mortgage Rates

The average 3 year interest only mortgage rate is at 4.74% this week, down from the prior week’s average mortgage interest rate of 4.79%.

The average 5 year interest only home loan is at 4.13% this week, up from last week’s average five year home interest only mortgage rate of 3.98%.

7 year IO home loans are averaging 4.65% this week, an increase from last week’s average interest rate of 4.59%.  The average 7 year IO refinance home loan rate is also at 4.65% this week.

Jumbo Interest Only Mortgage Rates

3 year jumbo IO loans are averaging 5.67 percent this week, up from last week’s jumbo interest mortgage rate of 5.63 percent. 3 year jumbo refinance interest rates are averaging 5.67 percent.

The average 5 year jumbo IO loan rate is at 5.28 percent, down from the prior week’s average IO mortgage rate of 5.30 percent. 5 year jumbo IO refinance interest rates are averaging 5.28 percent this week.

7 year jumbo IO loans are averaging 5.76 percent, down from the prior week’s average jumbo 7 year rate of 5.82 percent.

Home Equity Loan Rates

The average home equity loan rate was up this week over last. 10 year home equity loan rates are at 7.481 percent this week,unchanged from last week’s average equity home loan rate. 15 year home equity rates averaged 7.805 percent, unchanged from last week’s average home equity rate.

Home Equity Line of Credit Rates (HELOC)

Average home equity line of credit rates are at 4.777 percent this week, unchanged from last week’s average HELOC rate.

Refinance rates and mortgage rates can be found in your state by searching our interest rate tables: MonitorBankRates.com/Mortgages.

TD Bank is offering their “Apply for a loan, WIN your home” promotion now until April 30, 2010.

If you apply for a home loan for a purchase or a refinance from now until April 30, you could win $250,00o0 towards paying off your mortgage.  In addition to the $250,000 prize there are six weekly prizes of $2,500.

Looking for current mortgage rates: Use our rate tables to find current mortgage rates in your state: mortgagerates.monitorbankrates.com

Here is a list of today’s mortgage rates from TD Bank:

Conventional Mortgage Rates

• 30 Year Fixed Rate 5.125%  APR 5.171%
• 15 Year Fixed Rate 4.375% APR 4.452%
• 1 Year Adjustable Rate 2.875% APR 3.146%
• 5 Year Adjustable Rate 3.875% APR 3.430%

FHA Mortgage Rates

• FHA 30 Year Fixed 5.000% APR 5.387%
• FHA Low to Moderate 30 Year Fixed Rate 4.500% APR 4.880%

Jumbo Conforming Mortgage Rates

• Jumbo Conforming 30 year Fixed Rate 5.250% APR 5.270%
• Jumbo Conforming 15 year Fixed Rate 4.500% APR 4.533%

Jumbo Mortgage Rates

• 30 Year Fixed Jumbo Rate 5.625%  APR 5.637%
• 15 Year Fixed Jumbo Rate 4.990%  APR 5.009%
• 1 Year Adjustable Jumbo Rate 2.875% APR 3.116%
• 5 Year Adjustable Jumbo Rate 4.125% APR 3.487%

For current TD Bank mortgage rates visit: TD Bank

Mortgage refinance rates were over 5.00 percent last week at 5.07 percent. 30 year refinance rates are now under 5.00 percent at 4.88 percent, continuing the downtrend since the beginning of the week. 15 year mortgage refinance rates are also down this week. The average rate on a 15 year refinance loan is averaging 4.30%, down from last week’s average refinance rate of 4.39%.

30 year jumbo rates for refinancing are also down this week with the average rate down to 5.57 percent, a decrease from the prior week’s average rate of 5.76 percent.  If you haven’t taken advantage of these low rates and refinanced your home loan, now is the time before rates start heading up.

The average 15 year jumbo refinance rates broke through the 5.00 percent mark. 15 year jumbo mortgage refi rates are averaging 4.98%, down from last week’s average rate of 5.13 percent.

Looking for refi rates? Use our rate tables to find the best refi rates. MortgageRates.MonitorBankRates.com.

Mortgage Refinance Rates

Adjustable Refinance Mortgage Rates – Conforming Loans

1 year adjustable refinance loan rates are averaging 4.40% this week, down from last week when 1 year loan refinance rates averaged 4.67%.

3 year adjustable refi rates are averaging 4.44% this week, a decrease from the prior week’s mortgage loan refinance rate of 4.63%.

The average 5 year adjustable refinance interest rate is at 3.88% this week, down from last week’s average mortgage refinance interest rate of 4.01%.

The average 7 year conforming mortgage refinance rate is at 4.38%, a decrease from last week’s average mortgage refinance rate of 4.50%.

The average 10 year refinance mortgage rates is at 4.77% this week, down from last week’s refinance rate of 4.80%.

Jumbo Refinance Mortgage Rates

The average 1 year jumbo adjustable refinance rate is at 5.59%, unchanged from last week’s average refinance rate.

3 year jumbo adjustable refi rates are averaging 5.18%, down from last week’s average adjustable refinance loan interest rate of 5.36%.

The average 5 year jumbo refinance interest rate is at 4.58% this week, down from last week’s average refinance bank rate of 4.70%.

7 year jumbo refinance home loan rates are averaging 5.46% this week, a decrease from last week’s average refinance home loan rate of 5.75%.

10 year home refi rates are averaging 5.81% this week, down from the prior week’s average 10 year home refinance rate of 5.96%.

30 year mortgage rates were down in the latest mortgage survey released this morning. 30 year fixed mortgage rates averaged 4.95 percent for the week ending March 11, 2010 in the today’s Primary Mortgage Market Survey released by Freddie Mac. Average mortgage discount points on 30 year mortgages remained the same at 0.7 points.

Looking for mortgage rates? Find current rates  by using our rate tables: MortgageRates.MonitorBankRates.com.

The average 15 year fixed mortgage rate is down to 4.32 percent for the week ending March 11, 2010, a decrease from last week’s average mortgage rate of 4.33 percent. Mortgage discount points averaged 0.7 points, unchanged from the prior week.

5 year Treasury indexed adjustable mortgage rates are closing in on 4.00 percent. The average 5 year adjustable mortgage rate is at 4.05 percent, down from the previous week’s average mortgage rate of 4.11 percent. Average mortgage discount points were unchanged at 0.6 points.

1 year Treasury indexed adjustable mortgage rates averaged 4.22 percent this week, down from the previous week’s average interest rate of 4.27 percent. Mortgage points were unchanged at 0.6 points.

Looking for refinance rates? MonitorBankRates.com released its Weekly Refinance Rate Report yesterday, which follows:

Refinance Rates - Fixed Conforming

30 year jumbo mortgage refinance rates are also down 19 basis points this week over last. 30 year jumbo refinance rates are averaging 5.57%, down from the prior week’s average refinance rate of 5.76%.

15 year jumbo refinance rates are now under 5.00 percent. 15 year jumbo mortgage refinance rates are at 4.98%, down from the prior week’s average refi rate of 5.13 percent.

Refinance Adjustable Mortgage Rates – Conforming

The average conforming 1 year adjustable refinance loan rate is at 4.40% this week, a decrease from last week when 1 year refinance loan rates averaged 4.67%.

The average conforming 3 year adjustable refinance rate is at 4.44% this week, down from last week’s mortgage loan refinance rate of 4.63%.

5 year adjustable refinance interest mortgage rates are averaging 3.88% this week, a decrease from last week’s average mortgage refinance interest rate of 4.01%.

7 year conforming mortgage refinance rates are at 4.38%, down from last week’s average mortgage refinance rate of 4.50%.

10 year refinance mortgage rates are averaging 4.77%, down from last week’s home equity refinance rate of 4.80%.

Jumbo Adjustable Refinance Mortgage Rates

1 year jumbo adjustable refinance rates are at 5.59%, unchanged from last week’s average refinance rate.

The average refinance rate for a 3 year jumbo ARM is at 5.18%, down from last week’s average adjustable refinance loan rate of 5.36%.

5 year jumbo refinance interest rates are at 4.58% this week, a decrease from last week’s average bank refinance rate of 4.70%.

The average 7 year jumbo refinance home loan rate is at 5.46% this week, down from the prior week’s average refinance home loan rate of 5.75%.

10 year home refinance rates are averaging 5.81% this week, a decrease from the previous week’s average 10 year home refinance rate of 5.96%.

Mortgage rates are back above 5.00 percent in this morning’s mortgage application survey. 30 year mortgage rates have been seesawing above and below 5.00 percent for over a month. The average contract 30 year mortgage rate is at 5.01 percent for the week ending March 5, 2010 according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. Mortgage discount points averaged 0.82 points.

Looking for refinance rates? Search our mortgage rate tables: MortgageRates.MonitorBankRates.com.

The average contract 15 year mortgage rate increased to 4.32 percent for the week ending March 5, 2010, up from the prior week’s average 15 year mortgage rate of 4.27 percent. Average mortgage discount points decreased to 0.88 points from 1.36 points the previous week.

The average contract rate 1 year adjustable mortgages increased to 6.80 percent, up from the previous week’s average of 6.77 percent. Average mortgage points increased to 0.30 points from 0.29 points.

Mortgage applications increased for home purchases but decreased for refinances. The Refinance Index, which measures applications for refinancing, decreased 1.5 percent from the previous week. The seasonally adjusted Purchase Index, which measures applications for home purchases, increased 5.7 percent from one week earlier.

Applications for refinancing a mortgage still make up the majority of mortgage applications. The refinancing share of mortgage application activity is 67.2 percent of total mortgage applications.

For a more extensive report on current mortgage rates and refinance rates, MonitorBankRates.com released its Weekly Mortgage Rate Report on Monday, which follows:

Current Mortgage Rates

The average conforming 30 year mortgage rate is down to 4.95 percent this week, lower than the prior week’s average 30 year interest rate of 5.07 percent.

15 year conforming home loan rates are averaging is 4.398 percent this week, up fractionally from last week’s average mortgage rate of 4.395 percent.

Jumbo Mortgage Rates

30 year mortgage rates are averaging 5.73 percent this week, a decrease from the prior week’s average home loan rate of 5.76 percent. Jumbo refinance rates are also at 5.73 percent this week.

The average 15 year jumbo mortgage interest rate is averaging 5.138 percent this week, up fractionally from last week’s average jumbo loan mortgage rate of 5.131 percent. The average 15 year jumbo mortgage refinance rate is also averaging 5.138 percent this week.

Conforming Adjustable Mortgage Rates

The average conforming 1 year adjustable rate mortgage is at 4.40 percent this week, a decrease from the prior week’s average 1 year home loan rate of 4.67 percent.

3 year conforming adjustable mortgage interest rates are averaging 4.55 percent this week, down from the previous week when 3 year home mortgage interest rates averaged 4.63 percent.

The average 5 year conforming ARM is averaging 3.86 percent this week, down from last week’s average home loan rate of 4.01 percent. The average 5 year mortgage refinance is also under 4.00 percent this week at 3.86 percent.

The average 7 year conforming ARM is at 4.41 percent, a decrease from the prior week’s average mortgage loan rate of 4.50 percent. 7 year mortgage refinance rates are also averaging at 4.41 percent this week.

The average 10 year adjustable bank mortgage rate is at 4.76 percent this week, down from last week’s average mortgage interest rate of 4.80 percent. 10 year home loan refinance rates are also at 4.80 percent this week.

Jumbo Adjustable Mortgage Rates

The average 1 year jumbo ARM is at 5.59 percent this week, unchanged from last week’s average home loan interest rate.

The average 3 year jumbo ARM is at 5.29 percent this week, a decrease from the prior week’s average home loan rate of 5.36 percent. 3 year home refinance rates are down to 5.29 percent this week.

The average 5 year jumbo ARM is at 4.70% this week, up from the previous week’s average mortgage rate of 4.69%. The average 5 year refinance loan is also at 4.70 percent this week.

7 year jumbo ARMs are averaging 5.44 percent this week,  down from last week’s average loan mortgage rate of 5.75 percent. 7 year loan refinance rates are also averaging 5.44 percent, down from the prior week’s average refinance rate.

10 year jumbo mortgage interest rates are averaging 5.86 percent this week, down from last week’s average 10 year rate of 5.96 percent. 10 year jumbo refinance loan rates are also lower this week, the average rate is 5.86 percent.

Interest Only Mortgage Rates

The average 3 year interest only mortgage rate is at 4.79% this week, down from the prior week’s average mortgage interest rate of 4.89%.

The average 5 year interest only home loan is at 3.98% this week, a decrease from last week’s average five year home interest only mortgage rate of 4.18%.

7 year IO home loans are averaging 4.59% this week, down from last week’s average interest rate of 4.68%.  The average 7 year IO refinance home loan rate is also at 4.59% this week.

Jumbo Interest Only Mortgage Rates

3 year jumbo IO loans are averaging 5.63 percent this week, down from last week’s jumbo interest mortgage rate of 5.71 percent. 3 year jumbo refinance interest rates are averaging 5.63 percent.

The average 5 year jumbo IO loan rate is at 5.30 percent, down from the prior week’s average IO mortgage rate of 5.39 percent. 5 year jumbo IO refinance interest rates are averaging 5.30 percent this week.

7 year jumo IO loans are averagingt 5.82 percent, down from the prior week’s average jumbo 7 year rate of 6.21 percent.

Home Equity Loan Rates

The average home equity loan rate was up this week over last. 10 year home equity loan rates are at 7.481 percent this week, up from last week’s average equity home loan rate of 7.447 percent. 15 year home equity rates increased to 7.805 percent, up from last week’s average home equity rate of 7.707 percent.

Home Equity Line of Credit Rates (HELOC)

Average home equity line of credit rate was down to 4.777 percent this week, down from last week’s average HELOC rate of 4.899 percent.

Refinance rates/mortgage rates can be found in your state by searching our interest rate tables: MortgageRates.MonitorBankRates.com.