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Mortgage Rates Stable Today – 30 Year Mortgage Rates at 5.17%, 15 Year Mortgage Rates at 4.54%

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mortgage-rates-stable-today-30-year-mortgage-rates-at-517-15-year-mortgage-rates-at-454After a large run up in rates over the past week, current mortgage rates have stabilized. Today's conforming 30 year mortgage rate is averaging 5.17 percent, down from an average mortgage rate of 5.19 percent on Friday. 30 year mortgage interest rates were under 5.00 percent two weeks ago, averaging 4.95 percent. Current conforming 15 year mortgage rates are also lower. Down from a recent high of 4.56 percent, the average 15 year mortgage rate is now at 4.54 percent.

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30 year jumbo mortgage rates are also lower today. The average 30 year jumbo rate is 5.59 percent from a recent high of 5.65 percent on Friday. The average 15 year jumbo home mortgage rate is averaging 5.10 percent, down from Friday's average jumbo rate of 5.12 percent.

Today's Mortgage Rates

Current Adjustable Rate Mortgages

1 year conforming adjustable rate mortgages are averaging 4.67% today, unchanged from Friday's average 1 year mortgage loan rate of 4.67%.

Today's 3 year adjustable rates are averaging 4.61%, down from Friday's average home mortgage rate of 4.66%.

Current 5 year adjustable mortgage rates are averaging 4.01% this week, up from Friday's average mortgage rate of 3.91%.

The average 7 year conforming mortgage rate is at 4.55%, an increase from last week’s average mortgage rate of 4.48%.

The average 10 year mortgage rate is at 4.84% this week, unchanged from Friday's average home loan rate.

Jumbo Mortgage Rates

The average 1 year jumbo adjustable rate is at 5.59%, unchanged from Friday's average jumbo interest rate.

Current 3 year jumbo rate mortgages are averaging 5.28 percent, up from Friday's average adjustable home loan interest rate of 5.23%.

5 year jumbo interest rates are currently averaging 4.61%, up from Friday's average home loan rate of 4.58%.

Today's 7 year jumbo home loan rates are averaging 5.58%, up from Friday's average home loan rate of 5.51%.

10 year home mortgage rates are averaging 6.01% this week, up from the prior week’s average 10 year home loan rate of 5.94%.

Author: Brian McKay
April 11th, 2010