Average Mortgage Rates Hold Steady: 30 Year Mortgage Rates at 3.55%
Average mortgage rates on 30 year conforming loans remained unchanged at 3.55 percent with 0.6 mortgage points for the week ending September 12, 2012, the same as last week's average 30 year mortgage rate. Mortgage rates today in Bankrate's national average for 30 year loans are averaging 3.57 percent, up from last week's average 30 year mortgage rate of 3.51 percent.
You can find conforming 30 year mortgage rates below the average rates. Currently on our 30 year refinance rates list for the state of Florida there are a couple of lenders offering 30 year refinance rates at 3.125 percent with points. Without points you can find 30 year mortgage refinance rates at 3.25 percent and 3.375 percent.
Average 15 year mortgage rates in Freddie Mac's survey were down this week. The average 15 year mortgage rate for the week ending September 13, 2012, was at 2.85 percent with 0.6 point, a decline from the prior week's average 15 year mortgage interest rate of 2.86 percent.
Today's mortgage rates on Bankrate's national average rate survey for 15 year mortgages are at 2.93 percent, up from an average 15 year rate of 2.89 percent last week. On our rate table in Texas there are many lenders offering current mortgage rates well below the averages. The lowest mortgage rate is at 2.50 percent with 1 mortgage point and the lowest rate without points is at 2.625 percent.
Average 5 year conforming adjustable mortgage rates declined to 2.72 percent with 0.6 point in this week's mortgage rate survey, down from last week's average 5 year adjustable mortgage rate of 2.75 percent. The average 5 year adjustable mortgage rate in Bankrate's survey this week is 2.92 percent, up from last week's average of 2.82 percent. The lowest 5 year adjustable mortgage rate on our rate list for California is at 2.25 percent with points and 2.25 percent without points.
1 year adjustable mortgage rates averaged 2.61 percent with 0.4 points in this week's survey from Freddie. The same mortgage rate as last week's average rate.
Banking & Finance InformationPersonal Finance