Mortgage rates hit another new record low in the most recent mortgage survey released this morning. This is the eight consecutive week 30 year fixed mortgage rates hit new record lows. Fixed conforming 30 year fixed mortgage rates, fixed conforming 15 year fixed mortgage rates and 5 year adjustable mortgage rates have hit record lows in this week’s Primary Mortgage Market Survey released by Freddie Mac (OTC: FMCC). 

Fixed conforming 30 year mortgage ratesare averaging 4.44 percent for the week ending August 12, 2010, a decline from the prior week’s average 30 year mortgage rate of 4.49 percent. Mortgage discount points on 30 year mortgages averaged 0.7 points, unchanged from the previous week’s average.

Fixed conforming 15 year mortgage rates are averaging 3.92 percent for the week ending August 10, 2010, down from the previous week’s average of 15 year mortgage rate of 3.95 percent. Average mortgage discount points on 15 year mortgages declined to 0.6 points, down from the previous week’s average of 0.7 points.

5 year Treasury indexed adjustable mortgage rates are at the lowest point ever recorded in Freddie’s survey. 5 year adjustable mortgage rates are averaging 3.56 percent for the week ending August 12, 2010, down from the prior week’s average 5 year adjustable mortgage rate of 3.63 percent. Average mortgage discount points remained the same at 0.7 points.

1 year adjustable mortgage rates are down to 3.53 percent for the week ending August 12, 2010, down from the previous week’s average 1 year adjustable mortgage rate of 3.55 percent. Mortgage discount points averaged 0.7 points, unchanged from the previous week’s average.

Use our mortgage rate calculator to figure out the monthly mortgage payments on different types of home mortgage loans. Real estate agents you can display current national average mortgage rates or average mortgage rates in your state on your website. We offer free mortgage rates widgets which you can use to keep your clients up to date on today’s mortgage rates.

Mortgage rates decreased to the lowest level ever recorded in the latest Mortgage Applications Survey. Both 30 year mortgage rates and 15 year mortgage rates made record lows. Although mortgage rates hit record lows mortgage loan application volume was flat according to the Mortgage Bankers Association.

Mortgage rates will hit news lows in next week’s application survey since bond yields tumbled yesterday on the Feds comments about the economy slowing down. 30 year mortgage rates will probably go under 4.50 percent in next week’s mortgage survey.

The Fed also annouced they will continue to hold interest rates low for an extended period and start buying longer-term government debt with proceeds maturing from it’s mortgage bond holdings.

30 year mortgage rates declined to 4.57 percent for the week ending August 6, 2010, down from the previous week’s average contract 30 year mortgage rate of 4.60 percent. Mortgage discount points averaged 0.89 points, down from the prior week’s average of 0.93 percent.

The average contract mortgage rate on 15 year mortgages was 3.95 percent for the week ending August 6, 2010, down from the prior week’s average 15 year mortgage rate of 4.03 percent. Mortgage discount points on 15 year home loans increased to 1.08 points, up from the previous week’s average of 1.01 points. 

1 year adjustable mortgage rates were also lower for the week ending August 6, 2010. The average contract adjustable mortgage rate on 1 year adjustable mortgages decreased to 7.00 percent, down from the previous week’s average 1 year adjustable rate mortgages averaged 7.10 percent. Mortgage discount points averaged 0.22 points, an increase from previous week’s average of 0.21 points. 

You can search and compare mortgage rates in California or any other state by using the mortgage rate tables on MonitorBankRates.com. We also offer free mortgage rate widgets and a mortgage calculator. The mortgage rate widgets are available for both national average mortgage rates and state average mortgage rates for all states.

Mortgage rates fell again this week over last week. The current national average 30 year mortgage rate is at 4.60 percent. 30 year mortgage rates in the state of California are even lower. The current average 30 year mortgage rate for California is 4.58 percent. Mortgage rates are following bond yields lower. This past Friday, 10 year Treasury yields tumbled to 2.82 percent on news the economy continues to shed jobs.

For the second consecutive month the U.S. economy lost jobs because job gains from private employment couldn’t offset the losses from government census workers who were let go. The U.S. Department of Labor released July employment numbers showing a loss of 131,000 jobs, and the unemployment rate was unchanged at 9.5 percent. Private sector employment increased by 71,000 jobs which was less than analysts expected.

The economy appears to be losing steam which is driving interest rates and mortgage rates to historic lows. It is hard to imagine mortgage rates will go much lower but we all thought rates couldn’t go much lower and they have the past couple of months.

15 year national average mortgage rates are now below 4.00 percent averaging 3.95 percent this week. You can find 15 year mortgage rates lower than the national average rates. Right now, Wells Fargo Bank is advertising 15 year mortgage rates at 3.75 percent.

Mortgage Rates

Current 30 year mortgage rates are averaging 4.60 percent, down from the previous week’s average 30 year mortgage rate of 4.71 percent. 30 year refinance mortgage rates are also down this week averaging 4.60 percent.

15 year mortgage rates today are averaging 3.85 percent, down from last week’s average 15 year mortgage interest rate of 4.04 percent. Current 15 year mortgage refinance rates are also lower averaging 4.04 percent.

Jumbo Mortgage Rates

30 year jumbo mortgage rates are averaging 5.07 percent, down from last week’s average 30 year year jumbo mortgage rate of 5.30 percent. Current 30 year jumbo mortgage refinance rates are also down to 5.07 percent this week.

15 year jumbo mortgage rates are averaging 4.68 percent, a decline from the previous week’s average jumbo mortgage rate of 4.81 percent. 15 year jumbo refinance mortgage rates today are also down averaging 4.68 percent.

Conventional Adjustable Mortgage Rates

Current 1 year adjustable mortgage rates are averaging 3.19 percent, down  from last week’s average 1 year adjustable interest mortgage rate of 3.21. Today’s 1 year conforming adjustable refinance mortgage interest rates are also down averaging 3.19 percent.

3 year adjustable mortgage rates are up slightly averaging 4.00 percent, up from the prior week’s average 3 year adjustable rate mortgage of 3.97 percent. Current 3 year mortgage refinance rates are also averaging 4.00 percent this week.

Today’s 5 year adjustable mortgage interest rates are averaging 3.54 percent, down from the prior week’s average home loan rate of 3.55 percent. 5 year refinance home mortgage rates are averaging 3.54 percent.

7 year conventional adjustable mortgage rates are averaging 3.86 percent this week, down from the prior week’s average 7 year home mortgage rate of 3.96 percent. 7 year mortgage refinance rates are also lower averaging  3.86 percent.

Current 10 year adjustable mortgage rates are averaging 4.20 percent this week, a decline from the previous week’s average 10 year adjustable mortgage rate of 4.27 percent. 10 year home mortgage refinance rates are also lower this week averaging 4.20 percent.

Jumbo Adjustable Mortgage Rates

1 year jumbo adjustable mortgage loan rates today are averaging 5.35 percent, no change from last week’s average 1 year jumbo adjustable mortgage rate. Today’s 1 year jumbo refinance mortgage rates today are also averaging 5.35 percent.

3 year jumbo adjustable mortgage rates today are averaging 4.27 percent, up slightly from last week’s average jumbo interest mortgage rate of 4.26 percent.  3 year jumbo refinance mortgage rates are also averaging 4.27 percent.

5 year jumbo adjustable home mortgage rates are averaging 3.91 percent this week, down from last week’s average mortgage rate of 3.96 percent. Current 5 year jumbo mortgage refinance rates are also down to 3.91 percent this week.

Current 7 year jumbo adjustable mortgage rates current are averaging 4.55 percent, down from last week’s average 7 year home mortgage rate of 4.61 percent. Today’s 7 year jumbo refinance mortgage rates are also lower averaging 4.55 percent.

10 year jumbo mortgage rates are averaging 5.07 percent, down from the previous week’s average 10 year jumbo home mortgage rates of 5.10 percent. 10 year jumbo home refinance interest rates are also down averaging 5.07 percent.

Conventional Interest Only Adjustable Mortgage Rates

3 year interest only adjustable mortgage rates are averaging 4.16 percent, unchanged from down from last week’s average interest only mortgage loan rate. 3 year interest only adjustable refinance mortgage rates are also unchanged averaging 4.16 percent.

5 year interest only adjustable mortgage rates are averaging 3.73 percent, down from last week’s average five year interest only mortgage loan rate of 3.81 percent. 5 year interest only adjustable refinance mortgage rates are also lower averaging 3.73percent.

7 year interest only home adjustable mortgage rates currently are averaging 4.04 percent, a decline from last week’s average 7 year interest-only mortgage interest rate of 4.12 percent. 7 year adjustable refinance rate mortgages are lower averaging 4.04 percent.

Interest Only Adjustable Mortgage Rates Jumbo

3 year jumbo interest only loan adjstuable mortgage rates are averaging 4.63 percent, down from last week’s average jumbo adjustable interest only mortgage rate of 4.64 percent. Current  jumbo IO adjustable refinance rates are also down averaging 4.63 percent.

Today’s 5 year adjustable jumbo interest only home loan rates are at 4.33 percent, up from an average IO home mortgage rate of 4.30 percent the previous week. 5 year jumbo adjustable IO loan rates are also averaging 4.33 percent.

7 year jumbo IO adjustable mortgage rates currently are averaging 4.90 percent, down from an average jumbo 7 year home mortgage rate of 4.95 percent last week. 7 year jumbo adjustable interest-only mortgage rates are also down averaging 4.9o percent.

Home Equity Loan Rates

Current 10 year home equity loan rates are averaging 7.115 percent, no change from last week’s average home equity loan rate.

15 year home equity rates today are averaging 7.433 percent this week, unchanged from last week’s average home equity loan rate.

Home Equity Line of Credit Rates

Today’s average home equity line of credit rates (HELOC) are at 4.762 percent this week, no change from last week’s average HELOC rate.

Mortgage rates hit yet another record low this morning. This is the seventh consecutive week 30 year fixed mortgage rates hit record lows. Conforming 30 year fixed mortgage rates and conforming 15 year fixed mortgage rates have hit record lows in this week’s Primary Mortgage Market Survey released by Freddie Mac. 30 year conforming mortgage rates are now under 4.50 percent and 15 year conforming mortgage rates are under 4.00 percent.

Fixed conforming 30 year mortgage rates are averaging 4.49 percent for the week ending August 5, 2010, down from the previous week’s average 30 year mortgage rate of 4.54 percent. Mortgage discount points on 30 year mortgages averaged 0.7 points, unchanged from the previous week’s average.

Conforming fixed 15 year mortgage rates are averaging 3.95 percent for the week ending August 5, 2010, down from the prior week’s average of 15 year mortgage rate of 4.00 percent. Average mortgage discount points on 15 year mortgages remained the same at 0.7 points.

5 year U.S. Treasury indexed adjustable mortgage rates are averaging 3.63 percent for the week ending August 5, 2010, down from the prior week’s average 5 year adjustable mortgage rate of 3.76 percent. Average mortgage discount points remained the same at 0.7 points.

1 year adjustable mortgage rates are down to 3.55 percent for the week ending August 5, 2010, down from the previous week’s average 1 year adjustable mortgage rate of 3.64 percent.

Use a mortgage calculator to figure out the monthly mortgage payments on a home mortgage loan.

Real Estate Agents: Interested in displaying a list of current mortgage rates on your website? MonitorBankRates.com offers mortgage rates widgets for free you can use to display mortgage rates on your website.

Mortgage rates decreased in the latest mortgage survey released this morning. Lower mortgage rates increased mortgage application volume in this week’s Mortgage Applications Survey released by the Mortgage Bankers Association. Low mortgage rates caused mortgage application volume to increase for both buying a home and refinancing a home.

The Market Composite Index, which measures home mortgage loan application volume, increased 1.3 percent on a seasonally adjusted basis from one week earlier.

The average contract mortgage rate on 15 year mortgages hit the lowest point ever for the week ending July 30, 2010. The average contract 15 year mortgage rate hit a low of 4.03 percent. Average mortgage discount points on 15 year home loans increased to 1.01 points, up from 0.8 points the previous week.

The average contract 30 year mortgage interest rate decreased to 4.60 percent for the week ending July 30, 2010, down from the previous week’s average 30 year mortgage rate of 4.69 percent. Mortgage discount points on 30 year mortgages averaged increased to 0.93 points, up from the previous week’s average of 0.88 points.

1 year adjustable mortgage rates were also lower for the week ending July 30, 2010. The average contract mortgage interest rate on 1 year adjustable mortgages decreased to 7.10 percent, down from the prior week when 1 year adjustable rate mortgages averaged 7.15 percent. Mortgage discount points averaged 0.21 points, a decrease from previous week’s average of 0.23 points. 

You can compare mortgage rates in Georgia or any other state by using MonitorBankRates’ mortgage rate tables. We also offer mortgage rate widgets for both national average mortgage rates and state specific mortgage rates. The free widgets are great for website owners including realtor websites.

Mortgage rates are mostly lower with the exception of 30 year jumbo mortgage rates which increased 5 basis points this week. Shorter term jumbo mortgage rates declined significantly this past week. 1 year jumbo adjustable mortgage rates are down 60 basis points averaging 5.35 percent in the latest Weekly Mortgage Rates report released by MonitorBankRates.com.

10 year U.S. bond yields started the week above 3.00 percent but declined below 3.00 as economic data released showed the U.S. economy is slowing down. U.S. GDP slowed to 2.4 percent in the second quarter, down from a pace of 3.7 percent in the first quarter of 2010. Lower bond yields forced mortgage rates lower.

A slew of other weak economic data released over the past couple of weeks has driven mortgage rates lower. The current outlook for mortgage rates is rates will probably stay low for the rest of the year and might decline further if the economy continues to weaken.

On Friday a consumer sentiment index released by Thomson Reuters/University of Michigan showed consumer sentiment declined to 67.8 in July down from the prior month’s reading of 76. A slowing economy is making people uneasy about spending and applying for mortgage loans.

Even with historically low mortgage rates the MBAA reported a decline in mortgage applications for home purchases and refinances in the Weekly Mortgage Application Survey released last Wednesday.

Mortgage Rates Today

30 year mortgage rates today are averaging 4.71 percent, down from last week’s average 30 year mortgage rate of 4.76 percent. 30 year refinance mortgage rates are also down averaging 4.71 percent.

Current 15 year mortgage rates are averaging 4.04 percent this week, a decline from last week’s average 15 year mortgage interest rate of 4.2o percent. Today’s 15 year mortgage refinance rates currently are also down slighlty averaging 4.04 percent this week.

Jumbo Mortgage Rates

Today’s 30 year jumbo mortgage rates are averaging 5.30 percent, up from last week’s average 30 year year jumbo mortgage rate of 5.25 percent. 30 year jumbo mortgage refinance rates are up to 5.30 percent.

15 year jumbo mortgage rates are averaging 4.81 percent, down slightly from last week’s average jumbo mortgage rate of 4.72 percent. Current 15 year jumbo refinance mortgage rates today are also down slightly averaging 4.81 percent.

Conforming Adjustable Mortgage Rates

1 year adjustable mortgage rates are averaging 3.21 percent, down considerably from last week’s average 1 year adjustable interest mortgage rate of 3.54. Current 1 year conforming adjustable refinance mortgage interest rates are also averaging 3.54 percent.

Current 3 year adjustable conventional mortgage rates are averaging 3.97 percent this week, down from the prior week’s average 3 year adjustable rate mortgage of 4.09 percent. 3 year mortgage refinance rates today are also under 4.00 percent averaging 3.97 percent.

5 year adjustable home loan mortgage rates are averaging 3.55 percent, down slighlty from the prior week’s average home loan rate of 3.57 percent. 5 year refinance home mortgage rates today are averaging 3.55 percent.

Current 7 year conventional adjustable mortgage rates are averaging 3.96 percent this week, up from last week’s average 7 year home mortgage rate of 3.90 percent. Current 7 year mortgage refinance rates today are also higher averaging 3.96 percent.

10 year adjustable mortgage rates are averaging 4.27 percent this week, up from the previous week’s average 10 year adjustable mortgage rate of 4.25 percent. Today’s 10 year home mortgage refinance rates are also higher averaging 4.27 percent.

Jumbo Adjustable Mortgage Rates

1 year jumbo adjustable mortgage loan rates today are averaging 5.35 percent, down 60 basis points from last week’s average 1 year jumbo adjustable mortgage rate of 5.95 percent. Current 1 year jumbo refinance mortgage rates today are also down to 5.35 percent.

3 year jumbo adjustable mortgage rates are averaging 4.26 percent, down from the previous week’s average jumbo interest mortgage rate of 4.55 percent. Current 3 year jumbo refinance mortgage rates are also lower, averaging 4.26 percent.

Current 5 year jumbo adjustable home mortgage rates are averaging 3.96 percent this week, down from last week’s average mortgage rate of 4.07 percent. 5 year jumbo mortgage refinance rates are also down to 3.96 percent this week.

7 year jumbo adjustable mortgage rates current are averaging 4.61 percent, down from last week’s average 7 year home mortgage rate of 4.62 percent. 7 year jumbo refinance mortgage rates today are also down to 4.61 percent.

10 year jumbo mortgage rates are averaging 5.10 percent, down from the previous week’s average 10 year jumbo home mortgage rates of 5.21 percent. Today’s 10 year jumbo home loan refinance rates are also down averaging 5.10 percent.

Interest Only Adjustable Mortgage Rates Conforming

Today’s 3 year interest only adjustable mortgage rates are averaging 4.16 percent, down from last week’s average interest only mortgage loan rate of 4.22 percent. 3 year interest only adjustable refinance mortgage rates are also lower averaging 4.16 percent.

5 year interest only adjustable mortgage rates are averaging 3.81 percent, up from last week’s average five year interest only mortgage loan rate of 3.73 percent. 5 year interest only adjustable refinance mortgage rates are also averaging 3.81 percent this week.

7 year interest only home adjustable mortgage rates currently are averaging 4.12 percent, up from last week’s average 7 year IO mortgage rate of 4.06 percent. Today’s 7 year adjustable refinance rate mortgages are higher averaging 4.12 percent.

Interest Only Adjustable Mortgage Rates Jumbo

Current 3 year jumbo interest only loan adjstuable mortgage rates are averaging 4.64 percent, down from last week’s average jumbo adjustable interest only mortgage rate of 4.94 percent. Today’s  jumbo IO adjustable refinance rates are also down averaging 4.64 percent.

5 year adjustable jumbo interest only home loan rates are at 4.30 percent, down from an average IO home mortgage rate of 4.52 percent the previous week. 5 year jumbo adjustable IO loan rates are also averaging 4.30 percent.

7 year jumbo IO adjustable mortgage rates today are averaging 4.95 percent, down from an average jumbo 7 year home mortgage rate of 4.96 percent last week. 7 year jumbo adjustable interest-only mortgage rates are also down averaging 4.95 percent.

Home Equity Loan Rates

10 year home equity loan rates are averaging 7.115 percent, unchanged from last week’s average home equity loan rate.

Today’s 15 year home equity rates are averaging 7.433 percent this week, no change from last week’s average home equity loan rate.

Home Equity Line of Credit Rates

Current average home equity line of credit rates (HELOC) are at 4.762 percent this week, down from last week’s average HELOC rate of 4.777 percent.

Mortgage rates broke record lows again this week. This is the sixth consecutive week fixed mortgage rates eased to record lows. Fixed conforming 30 year mortgage rates and fixed conforming 15 year mortgage rates have hit all-time lows in this week’s Primary Mortgage Market Survey released by Freddie Mac.  

Mortgage rates will stay at these low levels for the foreseeable future and might even head lower if we head into a deflationary period. James Bullard, president of the Federal Reserve Bank of St. Louis, was on CNBC Friday morning and had some interesting comments about inflation and monetary policy.  He told CNBC the Federal Reserve should have a ”significant quantitative easing if deflationary expectations in the U.S. continue. ”

He also said ”when you get below a certain inflation rate you have to get off interest-rate targeting, adding that the Fed’s policy should turn more towards quantitative easing — a policy where central banks increase the money supply through other means than interest rates, such as buying government debt ”

Buying government debt will help keep Treasury yields low which will keep mortgage rates low since mortgage interest rates are tied to Treasury yields.

Fixed conforming 30 year mortgage rates are averaging 4.54 percent for the week ending July 29, 2010, down from the prior week’s average 30 year mortgage rate of 4.56 percent. Mortgage discount points on 30 year mortgages averaged 0.7 points, no change from the prior week’s average.

15 year mortgage rates could break 4.00 percent next week if mortgage rates continue to head lower. Conforming fixed 15 year mortgage rates are averaging 4.00 percent for the week ending July 29, 2010, down from the previous week’s average of 15 year mortgage rate of 4.03 percent. Mortgage discount points average 0.7 points.

5 year Treasury indexed adjustable mortgage rates are averaging 3.76 percent for the week ending July, 29, 2010, down from the prior week’s average 5 year adjustable mortgage rate of 3.79 percent. Mortgage discount points averaged 0.7 points.

1 year adjustable mortgage rates are down to 3.64 percent for the week ending July 29, 2010, down from the previous week’s average 1 year adjustable mortgage rate of 3.70 percent.

Following is a more in-depth mortgage rate report released by MonitorBankRates.com earlier this week.

Mortgage Rates Today

Current 30 year mortgage rates are averaging 4.76 percent this week, an increase from last week’s average 30 year mortgage rate of 4.72 percent. Today’s 30 year refinance mortgage rates are also slightly higher this week averaging 4.76 percent.

15 year mortgage rates today are averaging 4.20 percent this week, a slight decline from last week’s average 15 year mortgage interest rate of 4.21 percent. Current 15 year mortgage refinance rates currently are also down slightly averaging 4.20 percent this week.

Jumbo Mortgage Rates

30 year jumbo mortgage rates are averaging 5.25 percent, down from an average 30 year jumbo mortgage rate of 5.33 percent. 30 year jumbo mortgage refinance rates are also down to 5.25 percent.

Current 15 year jumbo mortgage rates are averaging 4.82 percent, up from last week’s average jumbo mortgage rate of 4.71 percent. Current 15 year jumbo refinance mortgage rates are also higher averaging 4.82 percent.

Today’s Adjustable Mortgage Rates

Current 1 year conventional adjustable mortgage rates are averaging 3.54 percent, unchanged from last week’s average 1 year adjustable interest mortgage rate. Current 1 year conforming adjustable refinance mortgage interest rates today are also unchanged this week averaging 3.54 percent.

3 year adjustable conventional mortgage rates are averaging 4.09 percent this week, unchanged from the prior week’s average 3 year adjustable rate mortgage. Today’s 3 year mortgage refinance rates are also unchanged averaging 4.09 percent.

5 year conventional adjustable loan mortgage rates are averaging 3.57 percent, down slightly from the prior week’s average home loan rate of 3.58 percent. Current 5 year refinance home mortgage rates are also down, averaging 3.57 percent.

7 year conventional adjustable mortgage rates are averaging 3.90 percent this week, up from last week’s average 7 year home mortgage rate of 3.86 percent. Current 7 year mortgage refinance rates today are also higher, averaging 3.90 percent.

Conventional 10 year adjustable mortgage rates are averaging 4.25 percent this week,an increase from the previous week’s average 10 year adjustable mortgage rate of 4.21 percent. Today’s 10 year home mortgage refinance rates are also higher, averaging 4.25 percent.

 Jumbo Adjustable Mortgage Rates Today

1 year jumbo adjustable mortgage loan rates are averaging 5.95 percent, no change from the prior week’s average 1 year jumbo adjustable mortgage rate. Current 1 year jumbo refinance mortgage rates are also averaging 5.95 percent this week.

Today’s 3 year jumbo adjustable mortgage rates are averaging 4.55 percent, down from the previous week’s average jumbo interest mortgage rate of 4.57 percent. Current 3 year jumbo refinance mortgage rates are also lower, averaging 4.57 percent.

5 year jumbo adjustable home mortgage rates currently are averaging 4.07 percent this week, unchanged from last week’s average. Current 5 year jumbo mortgage refinance rates are also unchanged, averaging 4.07 percent.

Current 7 year jumbo adjustable mortgage rates current are averaging 4.62 percent, down from last week’s average 7 year home mortgage rate of 4.66 percent. 7 year jumbo refinance mortgage rates today are also down to 4.62 percent.

Current 10 year jumbo mortgage rates are averaging 5.21 percent, down from the previous week’s average 10 year jumbo home mortgage rates of 5.28 percent. Today’s 10 year jumbo home loan refinance rates are also down, averaging 5.21 percent.

Interest Only Conforming Adjustable Mortgage Rates

3 year interest only adjustable mortgage rates are currently averaging 4.22 percent, down from last week’s average interest only mortgage loan rate of 4.27 percent. Today’s 3 year interest only adjustable refinance mortgage rates are also higher, averaging 4.22 percent.

5 year interest only adjustable mortgage rates today are averaging 3.73 percent, down from last week’s average five year interest only mortgage loan rate of 3.75 percent. Current 5 year interest only adjustable refinance mortgage rates are also averaging 3.73 percent.

Today’s 7 year interest only home adjustable mortgage rates currently are averaging 4.06 percent, down from last week’s average 7 year IO mortgage rate of 4.09 percent. Today’s 7 year adjustable refinance rate mortgages are also averaging 4.06 percent.

Interest Only Adjustable Jumbo Mortgage Rates

3 year jumbo interest only loan adjustable mortgage rates are averaging 4.94 percent, down from last week’s average jumbo adjustable interest only mortgage rate of 5.16 percent. Current jumbo IO adjustable refinance rates are also down averaging 4.94 percent.

5 year adjustable jumbo interest only home loan rates are at 4.52 percent, down from an average IO home mortgage rate of 4.54 percent the previous week. 5 year jumbo adjustable IO loan rates are also averaging 4.52 percent.

Current 7 year jumbo IO adjustable mortgage rates today are averaging 4.96 percent, down from an average jumbo 7 year home mortgage rate of 4.98 percent last week. 7 year jumbo adjustable interest-only mortgage rates are also down averaging 4.96 percent.

Home Equity Loan Rates

Current 10 year home equity loan rates are averaging 7.115 percent, unchanged from last week’s average home equity loan rate.

Today’s 15 year home equity rates are averaging 7.433 percent this week, no change from last week’s average home equity loan rate.

Home Equity Line of Credit Rates

Current average home equity line of credit rates (HELOC) are at 4.762 percent this week, down from last week’s average HELOC rate of 4.777 percent.

Mortgage rates increased in the latest survey released this morning. Home mortgage interest rates increased after making all-time lows in the prior week’s Mortgage Applications Survey released by the Mortgage Bankers Association. Both 30 year mortgage rates and 15 year mortgage rates are increased from the lowest point ever in last week’s mortgage survey.

The average contract 30 year mortgage rate increased to 4.69 percent for the week ending July 23, 2010, an increase from the previous week’s average 30 year mortgage rate of 4.59 percent. Mortgage discount points on 30 year mortgages averaged 0.88 points, down from the prior week’s average of 1.04 mortgage points.

Current 15 year home mortgage rates are also higher for the week ending July 23, 2010. The current average contract 15 year mortgage interest rate is up to 4.12 percent, an increase from the previous week’s average 15 year mortgage rate of 4.05 percent. Mortgage discount points averaged 0.83 points on 15 year mortgages, down from last week’s average of 0.88 points.

1 year adjustable mortgage rates bucked the trend and headed lower. Current 1 year adjustable home loan rates decreased to 7.15 percent for the week ending July 23, 2010, down from the prior week’s average 1 year adjustable mortgage rate of 7.17 percent. Mortgage discount points averaged 0.23 points, down from previous week’s average of 0.24 points. 

Following is a more in-depth mortgage rate report released by MonitorBankRates.com earlier this week:

Mortgage Rates

Current 30 year mortgage rates are averaging 4.76 percent this week, an increase from last week’s average 30 year mortgage rate of 4.72 percent. Today’s 30 year refinance mortgage rates are also slightly higher this week averaging 4.76 percent.

15 year mortgage rates today are averaging 4.20 percent this week, a slight decline from last week’s average 15 year mortgage interest rate of 4.21 percent. Current 15 year mortgage refinance rates currently are also down slighlty averaging 4.20 percent this week.

Jumbo Mortgage Rates Today

30 year jumbo mortgage rates today are averaging 5.25 percent, down from an average 30 year year jumbo mortgage rate of 5.33 percent. 30 year jumbo mortgage refinance rates are also down to 5.25 percent.

Current 15 year jumbo mortgage rates are averaging 4.82 percent, up from last week’s average jumbo mortgage rate of 4.71 percent. Current 15 year jumbo refinance mortgage rates today are also higher averaging 4.82 percent.

Current Adjustable Mortgage Rates

Current 1 year conventional adjustable mortgage rates are averaging 3.54 percent, unchanged last week’s average 1 year adjustable interest mortgage rate. Current 1 year conforming adjustable refinance mortgage interest rates today are also unchanged this week averaging 3.54 percent.

3 year adjustable conventional mortgage rates today are averaging 4.09 percent this week, unchanged from the prior week’s average 3 year adjustable rate mortgage. Today’s 3 year mortgage refinance rates today are also unchanged averaging 4.09 percent.

5 year conventional adjustable loan mortgage rates are averaging 3.57 percent, down slighlty from the prior week’s average home loan rate of 3.58 percent. Current 5 year refinance home mortgage rates are also down averaging 3.57 percent.

7 year conventional adjustable mortgage rates are averaging 3.90 percent this week, up from last week’s average 7 year home mortgage rate of 3.86 percent. Current 7 year mortgage refinance rates today are also higher averaging 3.90 percent.

Conventional 10 year adjustable mortgage rates are averaging 4.25 percent this week,an increase from the previous week’s average 10 year adjustable mortgage rate of 4.21 percent. Today’s 10 year home mortgage refinance rates are also higher averaging 4.25 percent.

 Jumbo Adjustable Mortgage Rates Current

1 year jumbo adjustable mortgage loan rates today are averaging 5.95 percent, no change from the prior week’s average 1 year jumbo adjustable mortgage rate. Current 1 year jumbo refinance mortgage rates today are also averaging 5.95 percent this week.

Today’s 3 year jumbo adjustable mortgage rates are averaging 4.55 percent, down from the previous week’s average jumbo interest mortgage rate of 4.57 percent. Current 3 year jumbo refinance mortgage rates are also lower, averaging 4.57 percent.

5 year jumbo adjustable home mortgage rates currently are averaging 4.07 percent this week, unchanged from last week’s average mortgage rate. Current 5 year jumbo mortgage refinance rates are also unchanged averaging 4.07 percent.

Current 7 year jumbo adjustable mortgage rates current are averaging 4.62 percent, down from last week’s average 7 year home mortgage rate of 4.66 percent. 7 year jumbo refinance mortgage rates today are also down to 4.62 percent.

Current 10 year jumbo mortgage rates are averaging 5.21 percent, down from the previous week’s average 10 year jumbo home mortgage rates of 5.28 percent. Today’s 10 year jumbo home loan refinance rates are also down averaging 5.21 percent.

Conventional Interest Only Adjustable Mortgage Rates Current

3 year interest only adjustable mortgage rates currently are averaging 4.22 percent, down from last week’s average interest only mortgage loan rate of 4.27 percent. Today’s 3 year interest only adjustable refinance mortgage rates are also higher averaging 4.22 percent.

5 year interest only adjustable mortgage rates today are averaging 3.73 percent, down rom last week’s average five year interest only mortgage loan rate of 3.75 percent. Current 5 year interest only adjustable refinance mortgage rates are also averaging 3.73 percent.

Today’s 7 year interest only home adjustable mortgage rates currently are averaging 4.06 percent, down from last week’s average 7 year IO mortgage rate of 4.09 percent. Today’s 7 year adjustable refinance rate mortgages are also averaging 4.06 percent.

Interest Only Jumbo Adjustable Mortgage Rates

3 year jumbo interest only loan adjstuable mortgage rates are averaging 4.94 percent, down from last week’s average jumbo adjustable interest only mortgage rate of 5.16 percent. Current jumbo IO adjustable refinance rates are also down averaging 4.94 percent.

5 year adjustable jumbo interest only home loan rates are at 4.52 percent, down from an average IO home mortgage rate of 4.54 percent the previous week. 5 year jumbo adjustable IO loan rates are also averaging 4.52 percent.

Current 7 year jumbo IO adjustable mortgage rates today are averaging 4.96 percent, down from an average jumbo 7 year home mortgage rate of 4.98 percent last week. 7 year jumbo adjustable interest-only mortgage rates are also down averaging 4.96 percent.

Home Equity Loan Rates

Current 10 year home equity loan rates are averaging 7.115 percent, unchanged from last week’s average home equity loan rate.

Today’s 15 year home equity rates are averaging 7.433 percent this week, no change from last week’s average home equity loan rate.

Home Equity Line of Credit Rates

Current average home equity line of credit rates (HELOC) are at 4.762 percent this week, down from last week’s average HELOC rate of 4.777 percent.

Mortgage rates are mixed this week in the latest Weekly Mortgage Rates report released by MonitorBankRates.com. Mortgage rates made record lows last week but are slightly higher following bond yields higher. 10 year bond yields are about to break above 3.00 percent after hitting a low to 2.89 percent last Wednesday.

Mortgage rates have been on a slow decline for about a month now. Weak economic numbers on housing, consumer sentiment and employment numbers drove bond yields and mortgage rates lower. This week’s economic reports will also drive mortgage rates lower if the numbers are disappointing.

This week’s economic reports include June new home sales, Reuters forcasts new home sales for June 6.7 percent higher. Other economic reports this week include the S&P/Case-Shiller Home Price index, jobless claims, second-quarter gross domestic product, the Chicago purchasing managers’ index for July and the Thomson Reuters/University of Michigan consumer sentiment index.

Mortgage Rates

Current 30 year mortgage rates are averaging 4.76 percent this week, an increase from last week’s average 30 year mortgage rate of 4.72 percent. Today’s 30 year refinance mortgage rates are also slightly higher this week averaging 4.76 percent.

15 year mortgage rates today are averaging 4.20 percent this week, a slight decline from last week’s average 15 year mortgage interest rate of 4.21 percent. Current 15 year mortgage refinance rates currently are also down slighlty averaging 4.20 percent this week.

Jumbo Mortgage Rates Today

30 year jumbo mortgage rates today are averaging 5.25 percent, down from an average 30 year year jumbo mortgage rate of 5.33 percent. 30 year jumbo mortgage refinance rates are also downto 5.25 percent.

Current 15 year jumbo mortgage rates are averaging 4.82 percent, up from last week’s average jumbo mortgage rate of 4.71 percent. Current 15 year jumbo refinance mortgage rates today are also higher averaging 4.82 percent.

Current Adjustable Mortgage Rates

Current 1 year conventional adjustable mortgage rates are averaging 3.54 percent, unchanged last week’s average 1 year adjustable interest mortgage rate. Current 1 year conforming adjustable refinance mortgage interest rates today are also unchanged this week averaging 3.54 percent.

3 year adjustable conventional mortgage rates today are averaging 4.09 percent this week, unchanged from the prior week’s average 3 year adjustable rate mortgage. Today’s 3 year mortgage refinance rates today are also unchanged averaging 4.09 percent.

5 year conventional adjustable loan mortgage rates are averaging 3.57 percent, down slighlty from the prior week’s average home loan rate of 3.58 percent. Current 5 year refinance home mortgage rates are also down averaging 3.57 percent.

7 year conventional adjustable mortgage rates are averaging 3.90 percent this week, up from last week’s average 7 year home mortgage rate of 3.86 percent. Current 7 year mortgage refinance rates today are also higher averaging 3.90 percent.

Conventional 10 year adjustable mortgage rates are averaging 4.25 percent this week,an increase from the previous week’s average 10 year adjustable mortgage rate of 4.21 percent. Today’s 10 year home mortgage refinance rates are also higher averaging 4.25 percent.

 Jumbo Adjustable Mortgage Rates Current

1 year jumbo adjustable mortgage loan rates today are averaging 5.95 percent, no change from the prior week’s average 1 year jumbo adjustable mortgage rate. Current 1 year jumbo refinance mortgage rates today are also averaging 5.95 percent this week.

Today’s 3 year jumbo adjustable mortgage rates are averaging 4.55 percent, down from the previous week’s average jumbo interest mortgage rate of 4.57 percent. Current 3 year jumbo refinance mortgage rates are also lower, averaging 4.57 percent.

5 year jumbo adjustable home mortgage rates currently are averaging 4.07 percent this week, unchanged from last week’s average mortgage rate. Current 5 year jumbo mortgage refinance rates are also unchanged averaging 4.07 percent.

Current 7 year jumbo adjustable mortgage rates current are averaging 4.62 percent, down from last week’s average 7 year home mortgage rate of 4.66 percent. 7 year jumbo refinance mortgage rates today are also down to 4.62 percent.

Current 10 year jumbo mortgage rates are averaging 5.21 percent, down from the previous week’s average 10 year jumbo home mortgage rates of 5.28 percent. Today’s 10 year jumbo home loan refinance rates are also down averaging 5.21 percent.

Conventional Interest Only Adjustable Mortgage Rates Current

3 year interest only adjustable mortgage rates currently are averaging 4.22 percent, down from last week’s average interest only mortgage loan rate of 4.27 percent. Today’s 3 year interest only adjustable refinance mortgage rates are also higher averaging 4.22 percent.

5 year interest only adjustable mortgage rates today are averaging 3.73 percent, down rom last week’s average five year interest only mortgage loan rate of 3.75 percent. Current 5 year interest only adjustable refinance mortgage rates are also averaging 3.73 percent.

Today’s 7 year interest only home adjustable mortgage rates currently are averaging 4.06 percent, down from last week’s average 7 year IO mortgage rate of 4.09 percent. Today’s 7 year adjustable refinance rate mortgages are also averaging 4.06 percent.

Interest Only Jumbo Adjustable Mortgage Rates

3 year jumbo interest only loan adjstuable mortgage rates are averaging 4.94 percent, down from last week’s average jumbo adjustable interest only mortgage rate of 5.16 percent. Current jumbo IO adjustable refinance rates are also down averaging 4.94 percent.

5 year adjustable jumbo interest only home loan rates are at 4.52 percent, down from an average IO home mortgage rate of 4.54 percent the previous week. 5 year jumbo adjustable IO loan rates are also averaging 4.52 percent.

Current 7 year jumbo IO adjustable mortgage rates today are averaging 4.96 percent, down from an average jumbo 7 year home mortgage rate of 4.98 percent last week. 7 year jumbo adjustable interest-only mortgage rates are also down averaging 4.96 percent.

Home Equity Loan Rates

Current 10 year home equity loan rates are averaging 7.115 percent, unchanged from last week’s average home equity loan rate.

Today’s 15 year home equity rates are averaging 7.433 percent this week, no change from last week’s average home equity loan rate.

Home Equity Line of Credit Rates

Current average home equity line of credit rates (HELOC) are at 4.762 percent this week, down from last week’s average HELOC rate of 4.777 percent.

Mortgage rates are lower in the most recent mortgage market survey released yesterday morning. Fixed conforming 30 year mortgage rates, 15 year mortgage rates, 5 year adjustable mortgage rates and 1 year adjustable mortgage rates are all lower in this week’s Primary Mortgage Market Survey. 30 year mortgage rates and 15 year mortgage rates are at record lows. 15 year mortgage rates could break 4.00 percent in next week’s survey.

30 year mortgage rates are at 4.56 percent for the week ending July 22, 2010, down from the previous week’s average 30 year mortgage interest rate of 4.57 percent. Mortgage discount points remain unchanged at 0.7 points.

Fixed conforming 15 year fixed mortgage rates are almost down to the 4.00 percent level. 15 year mortgage rates are at 4.03 percent for the week ending July 22, 2010, down from the prior week’s average 15 year mortgage interest rate of 4.06 percent. Average mortgage discount points on 15 year mortgages was 0.7 points, unchanged from the prior week’s average.

5 year Treasury indexed adjustable mortgage rates are down to 3.79 percent for the week ending July 22, 2010. 5 year adjustable mortgage rates are averaging 3.79 percent, down from last week’s average 5 year adjustable mortgage rate of 3.85 percent. Mortgage discount points on 5 year adjustable rate mortgages averaged 0.6 points, down from last week’s average of 0.7 points.

1 year Treasury indexed adjustable rate mortgages averaged 3.70 percent for the week ending July 22, 2010, down from the prior eek’s average 1 year adjustable mortgage rate of 3.74 percent. Mortgage points averaged o.7 points, unchanged for the previous week’s average.

Following is a more in-depth mortgage rate report released by MonitorBankRates.com earlier this week.

Mortgage Rates Today

30 year mortgage rates are averaging 4.72 percent this week, up from the previous week’s average 30 year mortgage rate of 4.67 percent. Current 30 year refinance mortgage rates are also averaging 4.67 percent this week.

15 year mortgage rates currently are averaging 4.21 percent this week, an increase from last week’s average 15 year mortgage interest rate of 4.18 percent. 15 year mortgage refinance rates currently are also are higher averaging 4.21 percent this week.

Jumbo Mortgage Interest Rates

Current 30 year jumbo mortgage rates are averaging 5.33 percent this week, an increase from last week’s average 30 year jumbo mortgage interest rate of 5.25 percent.  The current average 30 year jumbo mortgage refinance rate is also at 5.33 percent.

15 year jumbo mortgage rates today are averaging 4.71 percent, down from last week’s average jumbo mortgage rate of 4.79 percent. Current 15 year jumbo refinance mortgage rates today are also lower averaging 4.71 percent.

Today’s Adjustable Mortgage Rates

1 year conforming adjustable mortgage rates today are averaging 3.54 percent, down from last week’s average 1 year adjustable interest mortgage rate of 3.56 percent. 1 year conforming adjustable refinance mortgage interest rates today are also averaging 3.54.

Currently, 3 year adjustable conventional mortgage rates are at 4.09 percent this week, up from the previous week’s average 3 year adjustable rate mortgage of 4.01 percent. Current 3 year mortgage refinance rates today are also higher averaging 4.09 percent.

5 year adjustable mortgage loan rates today are averaging 3.58 percent, down  from the prior week’s average home loan rate of 3.62 percent. Today’s 5 year refinance home mortgage rates are also down averaging 3.58percent.

Current 7 year adjustable mortgage rates are averaging 3.86 percent this week, down slightly from last week’s average 7 year home mortgage rate of 3.87 percent. 7 year mortgage refinance rates today are also lower averaging 3.86 percent.

Today’s 10 year adjustable mortgage interest rates are averaging 4.21 percent this week, up from the previous week’s average 10 year adjustable mortgage rate of 4.14 percent.  Current10 year home mortgage refinance rates are also higher averaging 4.21 percent.

Current Jumbo Adjustable Mortgage Rates

1 year jumbo adjustable mortgage loan rates today are averaging 5.95 percent, unchanged from the previous week’s average 1 year adjustable jumbo mortgage rate. 1 year jumbo refinance mortgage rates today are also averaging 5.95 percent.

Current 3 year jumbo adjustable mortgage interest rates are averaging 4.57 percent, down from last week’s average jumbo interest mortgage rate of 4.61 percent. Today’s 3 year jumbo refinance mortgage rates are also lower, averaging 4.57 percent.

5 year jumbo adjustable home mortgage rates today are averaging 4.07 percent this week, up from last week’s average mortgage rate of 4.06 percent. Current 5 year jumbo refinance rates today are also up slightly averaging 4.07 percent.

Today’s 7 year jumbo adjustable mortgage rates current are averaging 4.66 percent, down from last week’s average 7 year home mortgage rate of 4.68 percent. 7 year jumbo refinance mortgage rates today are also down to 4.66 percent.

10 year jumbo mortgage rates are averaging 5.28 percent, up from the previous week’s average 10 year jumbo home mortgage rates of 5.26 percent. Today’s 10 year jumbo home loan refinance rates are also higher averaging 5.28 percent.

Conforming Interest Only Adjustable Mortgage Rates Current

3 year interest only adjustable mortgage rates today are averaging 4.27 percent, up from last week’s average interest only mortgage loan rate of 4.42 percent. Current 3 year interest only adjustable refinance mortgage rates are also higher averaging 4.27 percent.

Current 5 year interest only adjustable mortgage rates today are averaging 3.75 percent, down rom last week’s average five year interest only mortgage loan rate of 3.67 percent. Today’s 5 year interest only adjustable refinance mortgage rates are also averaging 3.75 percent.

7 year interest only home adjustable mortgage rates currently are averaging 4.09 percent, up from last week’s average 7 year IO mortgage rate of 4.02 percent. Today’s 7 year adjustable refinance rate mortgages are also averaging 4.02 percent.

Interest Only Jumbo Adjustable Mortgage Rates Today

Current 3 year jumbo interest only loan adjstuable mortgage rates are averaging 5.16 percent, unchanged from last week’s average jumbo adjustable interest only mortgage rate of 5.26 percent. Today’s jumbo IO adjustable refinance rates are also averaging 5.16 percent.

Today’s 5 year adjustable jumbo interest only home loan rates are at 4.54 percent, up from an average IO home mortgage rate of 4.52 percent the previous week. 5 year jumbo adjustable IO loan rates are also averaging 4.54 percent.

7 year jumbo IO adjustable mortgage rates today are averaging 4.98 percent, up from an average jumbo 7 year home mortgage rate of 4.95 percent last week. 7 year jumbo adjustable interest-only mortgage rates are also at 4.98 percent.

Home Equity Loan Rates

Current 10 year home equity loan rates are averaging 7.115 percent, unchanged from last week’s average home equity loan rate.

Today’s 15 year home equity rates are averaging 7.433 percent this week, no change from last week’s average home equity loan rate.

Home Equity Line of Credit Rates

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