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Mortgage Refinance Rates: 30 Year Refinance Mortgage Rates at 4.85%, 15 Year Refinance Mortgage Rates at 4.33%

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Mortgage refinance rates are down again this week over last. Current 30 year mortgage rate finance rates are at the lowest level in 2010. 30 year refinance mortgage rates are averaging 4.85 percent this week, down from the prior week's average refinance rate of 4.97 percent.

Looking for current refinance rates? Use our mortgage rate tables at to find the lowest mortgage refinance rates in your state.

Current 15 year mortgage refinance rates are slightly higher this week over last. The average 15 year refinance mortgage rates is at 4.33 percent this week, up from the prior week's average 15 year refinance rate of 4.32 percent.

Current Mortgage Refinance Rates

Current 30 year jumbo refinance mortgage rates are averaging  5.54 percent this week, down from last week's average jumbo refi rate of 5.59 percent.

Today's 15 year jumbo mortgage refinance rates are down to 4.82 percent this week, a decline from the previous week's average 15 year jumbo mortgage refinance rate of 4.94 percent.

Today's Adjustable Mortgage Refinance Rates

Today's 1 year conforming adjustable refinance mortgage rates are averaging 3.82 percent, down from last week's average one year adjustable refinance rate of 3.85 percent.

Today's 3 year conforming adjustable refinance rates are averaging 4.31 percent, a decline from yesterday’s average 3 year refi rate of 4.49 percent.

Current 5 year conforming adjustable mortgage interest refinance rates are averaging 3.60 percent, up from Tuesday’s average adjustable refinance rate of 3.69 percent.

Today's 7 year adjustable refinance mortgage rates are averaging 4.06 percent, down from an average 7 year adjustable loan refinance interest rate of 4.24 percent.

Current 10 year refinance adjustable mortgage rates are averaging 4.48 percent, up from yesterday’s average refinance mortgage interest rate of 4.47 percent.

Today's Jumbo Adjustable Refinance Mortgage Rates

Today's 1 year jumbo adjustable refinance rates are averaging in at 5.95 percent, unchanged from last week's average 1 year jumbo adjustable refinance rate of 5.59 percent.

Current 3 year jumbo adjustable refinance rates are averaging 4.98 percent this week, down from last week's average jumbo home refinance loan rate of 5.15 percent.

Current 5 year jumbo adjustable refinance rates are averaging 4.43 percent, a decrease from last week's average mortgage rate refinance of 4.53 percent.

Today's 7 year refinance jumbo ARMs are averaging 5.28 percent, down from last week's average jumbo refinance loan rate of 5.36 percent.

Current 10 year jumbo mortgage refinance rates are averaging 5.62 percent, down from the prior week's average 10 year jumbo refinance mortgage rate of 5.84 percent.
Author: Brian McKay
May 20th, 2010