MonitorBankRates

Mortgage Rates Lower Today as Bond Yields Tumble

Mortgage Rates Lower Today as Bond Yields TumbleMortgage rates decreased today following U.S. bond yields and equity markets down as Italian bond yields rose to a record level. Today's mortgage rates on 30 year home loans hit a new record of 3.99% on Monitor Bank Rates's national average mortgage rates survey. 30 year mortgage rates declined from yesterday’s average 30 year mortgage rate of 4.09%. 15 year mortgage rates are also averaging lower at 3.30%, a decline from yesterday’s average 15 year mortgage rate of 3.36%.

Compare current mortgage rates from several lenders by using our rate tables here: Mortgage Rates . Unlike most websites, no personal information is needed to view a list of mortgage rates.

30 year jumbo mortgage rates are averaging 4.48%, no change from yesterday’s average 30 year jumbo mortgage rate. Today's mortgage rates on 15 year home loans are averaging 3.70%, up from yesterday’s average 15 year jumbo mortgage rate of 3.68%.

Mortgage Rates

Current Mortgage Rates – Conforming Adjustable Home Mortgage Loans

1 year adjustable mortgage rates today are averaging 3.67%, down from last week’s average 1 year adjustable jumbo mortgage rate of 3.79%.

3 year adjustable mortgage rates currently are averaging 2.74%, up from last week’s average 3 year adjustable mortgage rate of 2.60%.

5 year adjustable mortgage rates are averaging 2.73%, down from the prior week’s average 5 year adjustable rate of 2.78%.

Current 7 year adjustable mortgage rates are averaging 3.03%, down from the previous week’s average 7 year adjustable mortgage rate of 3.12%.

10 year adjustable mortgage rates currently are averaging 3.53%, a decline from last week’s average 10 year adjustable rate of 3.60%.

Today's Mortgage Rates – Adjustable Jumbo Home Mortgage Loans

Current 1 year jumbo adjustable mortgage rates are averaging 4.50%, unchanged from last week’s average adjustable jumbo mortgage rate.

3 year adjustable jumbo rates today are averaging lower at 3.46%, up from last week’s average 3 year jumbo adjustable rate of 3.42%.

5 year adjustable jumbo mortgage rates and refinance rates currently are averaging 2.94%, down from last week’s average jumbo adjustable rate of 3.03%.

7 year jumbo adjustable mortgage rates and refinance rates today are averaging 3.44%, down from last week’s average 7 year adjustable home loan rate of 3.57%.

10 year jumbo loan rates and refi rates are averaging 3.95%, down from the prior week’s average 10 year jumbo home mortgage loan rate of 3.97%.

Today's Mortgage Rates – Conventional Adjustable Interest Only Home Loans

3 year interest only adjustable mortgage loan rates and refinancing rates are averaging 2.87%, up from last week’s average interest only mortgage loan rate of 2.85%.

5 year IO adjustable loan mortgage rates and mortgage refinance rates are averaging 2.84%, down from last week’s average five year interest only mortgage rate of 2.93%.

7 year interest only adjustable mortgage rates and refinance rates are averaging 3.16%, down from last week’s average 7 year interest-only mortgage interest rate of 3.44%.

Mortgage Rates Currently – Interest Only Jumbo Home Mortgage Loans

Today’s 3 year jumbo interest only adjustable loan rates are averaging 3.65%, up from last week’s average jumbo adjustable interest only rate of 3.58%.

Current 5 year adjustable jumbo interest only rates are averaging 3.38%, a decrease from last week’s average IO home mortgage interest rate of 3.42%.

Today’s 7 year jumbo interest only adjustable rates are averaging 3.65%, down from last week’s average jumbo 7 year home mortgage loan rate 3.79%.

Current Home Equity Loan Rates

10 year home equity loan rates are averaging 6.58%, up from last week’s average home equity loan rate of 6.45%.

15 year home equity rates are averaging 6.39%, down from last week’s average home equity loan rate of 6.41%.

Home Equity Line of Credit Rates Current

 
Author: Brian McKay
November 9th, 2011