Mortgage Rates Higher Again This Week: 30 Year Refinance Rates and Mortgage Rates at 4.28%, 15 Year Rates hit 3.78%

Home mortgage rates and adjustable mortgage rates are mostly higher this week over last week. Home mortgage rates will start heading down again when the Fed's purchases of Treasuries forces interest rates down. Right now fixed conforming 30 year mortgage rates are averaging 4.38 percent, up from last week’s average 30 year mortgage rate of 4.26 percent. 30 year conventional home mortgage rates and refinancing rates in New York are higher than the national average 30 year mortgage rate. Current 30 year New York mortgage rates are averaging 4.56 percent..