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Find Mortgage Rates & Refinance Rates in Your State
Housing price declines have slowed recently because of lower rates on mortgage loans and the decline in home prices over the past couple of years. Home prices in some states have declined over 40 percent from the housing peak. Home values fell at a monthly rate of 0.6 percent in April 2009. This is the smallest decrease since June 2008, according to the S&P/Case-Shiller® 20-city composite index. Home prices actually increased in eight cities in the index. Current Mortgage RatesThe average mortgage rate on 30-year fixed rate mortgages fell to 5.40 percent this week, down from the prior week’s average rate of 5.48 percent. 15-year fixed rate mortgage interest rates also declined this week, the average mortgage interest rate is at 4.87 percent, down from the previous week’s average rate of 4.93 percent. Refinance RatesRefinance rates are also down this week, you can find current refinance rates in your area by using our mortgage rate search engine: Jumbo MortgageJumbo mortgage rates were also down by a wider margin than conforming mortgages this past week. Fixed 30-year jumbo mortgage rates are currently at 6.33 percent, down from the prior week’s average mortgage rate of 6.51 percent. Fixed 15-year jumbo mortgage rates are back down under 6.00 percent at 5.92 percent, down from last week’s average rate of 6.05 percent. Adjustable Rate MortgageAdjustable rate mortgages fell this week with jumbo adjustable mortgage rates down more than conforming mortgage rates. The average rate on a conforming one year ARM is at 4.59 percent, down from 4.61 percent the prior week. Average rates on jumbo one year ARMs is at 5.53 percent, down from 5.71 percent the previous week. Average rates on a conforming 3/1 ARM is currently at 4.86 percent, lower than the prior week’s average rate of 4.92 percent. Jumbo 3/1 ARMs averaged 5.56 percent, down from last week’s average rate of 5.65 percent. Average rates on a conforming 5/1 ARM is at 4.78 percent, down from last week’s average rate of 4.86 percent. The average rate on a jumbo 5/1 AMR is at 5.54 percent, down from 5.67 percent. The average mortgage loan rate on a 7/1 ARM is currently at 5.39 percent, down from the previous week’s average mortgage rate of 5.52 percent. Jumbo mortgage loan rates for a 7/1 ARM is at 6.22 percent, down from 6.30 percent. Average home mortgage rates on a conforming 10/1 ARM is at 5.62 percent, down from last week’s average rate of 5.78 percent. The average rate on a 10/1 jumbo home mortgage is at 6.57 percent, down from 5.73 percent the prior week. Interest Only MortgageInterest only mortgage rates declined this week. Average rates on a conforming IO 3/1 ARM fell to 4.94 percent, down from 4.99 percent. Jumbo IO 3/1 ARMs fell to 5.65 percent, down from the prior week’s average rate of 5.70 percent. Average rates on conforming IO 5/1 ARMs fell to 4.85 percent, down from 4.92 percent. Jumbo IO 5/1 ARMs fell to 5.79 percent, down from 5.96 percent the prior week. Conforming 7/1 IO ARMs fell to 5.61 percent, down from 5.73 percent. Jumbo 7/1 IO ARMs are at 6.39 percent this week, down from last week’s average rate of 6.44 percent. Home Equity LoansAverage rates on Home equity loans fell this week. 10-year home equity loan rates are at 7.62 percent, down from the prior week’s average rate of 7.66 percent. 15-year home equity loans fell to 7.75 percent, down from the previous week’s average rate of 7.79 percent. Home Equity Line of CreditHome equity line of credit rates are a lot lower than home equity loan rates. This week’s average rate on a home equity line of credit is currently at 4.80 percent, unchanged from last week’s average home equity line of credit rate. Currently searching for a mortgage to purchase a home or to refinance a current mortgage? You can find today’s mortgage rates right here by using our mortgage rate tables. Just enter in the mortgage loan type, zip code and dollar amount of loan to find current mortgage rates in your area. Today’s Mortgage Rates |
Rate Tables   Weekly Bank RatesMortgage RatesCD Rates Money Market/Savings Rates Checking Account Rates Banking & Finance InformationBank CD RatesBank Mortgage Rates Bank Savings Accounts blog.HSH.com/Mortgage News CD Rates Certificate of Deposit Accounts FDIC Insured Up To $50 Million Credit Union CD Rates Credit Union Mortgage Rates Credit Union Savings Accounts FHA Mortgage Rate Information Looking for the Best Mortgage Rates Mortgage Rates Mortgage Refinance Rates Personal Finance Rates Mortgage Refinance Rates Savings Accounts Banking ArticlesMortgage Rates Hit New Low: 30 Year Mortgage Rates at 4.43% Says MBA Mortgage Rates Hit Another New All-Time Low: 30 year Conforming Mortgage Rates at 4.38 percent, 30 Year Jumbo Mortgage Rates at 4.92% Mortgage Rates Make New Record Low Says Freddie: 30 Year Mortgage Rates at 4.36%, 15 Year Mortgage Rates at 3.86% Mortgage Rates Hit New Lows: 30 Year Mortgage Rates at 4.55%, 15 year Mortgage Rates at 3.91% – MBA Mortgage Rates Decline to New Record Lows Again: 30 Year Mortgage Rates at 4.48%, 15 Year Mortgage Rates at 3.83% Mortgage Rates Continue to Make Record Lows: 30 Year Mortgage Rates at 4.42%, 15 Year Mortgage Rates at 3.90% Mortgage Rates: Fixed Mortgage Rates Up Slightly, 30 Year Mortgage Rates at 4.60%, 15 Year Mortgage Rates at 3.99% Mortgage Rates Hit A New Weekly Low: 30 Year Mortgage Rates at 4.52%, 15 Year Mortgage Rates at 3.95% Mortgage Rates Hit New Record Lows: 30 Year Mortgage Rates at 4.44%, 15 Year Mortgage Rates at 3.92% Mortgage Rates at Lowest Level Ever Recorded MBA: 30 Year Mortgage Rates at 4.57%, 15 Year Mortgage Rates at 3.95% Mortgage Rates Fall Yet Again: 30 Year Mortgage Rates at 4.60%, 15 Year Mortgage Rates at 3.95% Mortgage Rates Hit Yet Another Record Low: 30 Year Mortgage Rates at 4.49%, 15 Year Mortgage Rates at 3.95% Mortgage Rates Decrease Again MBA: 30 Year Mortgage Rates at 4.60% Mortgage Rates Mixed August 2, 2010: 30 Year Mortgage Rates at 4.71%, 15 Year Mortgage Rates at 4.04% Mortgage Rates Break Record Lows Again: 30 Year Mortgages @ 4.54%, 15 Year Mortgage Rates @ 4.00% Home Mortgage Interest Rates Increase: 30 Year Mortgage Interest Rates at 4.69% Mortgage Rates 7/26: Mortgage Rates Mixed This Week: 30 Year Mortgage Rates at 4.76% Mortgage Rates at Record Lows Again, 30 Year Mortgage Rates at 4.56%, 15 Year Mortgage Rates at 4.03% Mortgage Rates: Average Mortgage Rates Drop To Lowest Level 7/16 Mortgage Rates 7/19: Mortgage Rates are Above Recent Lows Mortgage Rates Stable This Week: 30 Year Mortgage Rates at 4.57%, Says Freddie MBA – Mortgage Rates Increase Slightly, 30 Year Mortgage Rates at 4.69%, 15 Year Mortgage Rates at 4.12% Low Mortgage Rates Continue: 30 Year Mortgage Rates at 4.67%, 15 Year Mortgage Rates at 4.18% Mortgage Rates Make Fresh Lows: 30 Year Mortgage Rates at 4.57%, 15 Year Mortgage Rates at 4.07% Mortgage Rates Higher This Week: 30 Year Mortgage Rates at 4.68%, 15 Year Mortgage Rates at 4.11% Mortgage Rates Unchanged at Record Low: July 6, 30 Year Mortgage Rates at 4.67%, 15 Year Mortgage Rates at 4.16% Mortgage Rates at Another Record Low: 30 Year Mortgage Rates at 4.58%, 15 Year Mortgage Rates at 4.04% Mortgage Rates Drop Again: 30 Year Mortgage Rates at 4.72%, 15 Year Mortgage Rates at 4.14% Mortgage Rates Hit Record Low: 30 Year Mortgage Rates at 4.69%, 15 Year Mortgage Rates at 4.13% Mortgage Rates & Mortgage Applications Decrease: 30 Year Mortgage Rates at 4.75%, 15 Year Mortgage Rates at 4.19% Mortgage Rates Near Historic Lows: 30 Year Mortgage Rates at 4.76%, 15 Year Mortgage Rates at 4.25% Mortgage Rates Increase: 30 Year Mortgage Rates at 4.75%, 15 Year Mortgage Rates at 4.20% Mortgage Rates Mixed: 30 Year Mortgage Rates Up to 4.82%, 15 Year Mortgage Rates Down to 4.23% Mortgage Rates Near All-Time Low: 30 Year Mortgage Rates at 4.75%, 15 Year Mortgage Rates at 4.25% Mortgage Rates Near Historic Lows: 30 Year Mortgage Rates at 4.72%, 15 Year Mortgage Rates at 4.17% Mortgage Rates Mixed: 30 Year Mortgage Rates Lower, 15 Year Mortgage Rates Higher Mortgage Rates Head Lower on Poor Job Numbers and Fears in Europe: 30 Year Mortgage Rates at 4.85% Current Mortgage Rates Slightly Higher This Week: 30 Year Mortgage Rates at 4.78% Mortgage Rates Higher, 30 Year Mortgage Rate at 4.83%, 1 Year Adjustable Mortgage Rates at 6.96% Mortgage Rates Higher as Treasury Yields Move Higher: 30 Year Mortgage Rates at 4.96% |
Mortgage rates declined again this week, the third consecutive week of declines. Current mortgage rates are down from the recent high set last month. The average rate on a fixed 30-year mortgage rate is currently at 5.40 percent, down from the high of 5.70 percent set June 15, 2009.