Bitcoin tops 41,000. Check current cryptocurrency prices here: MonitorBankRates.com

Conforming Home Mortage Rates Mixed Freddie Mac: 30 Year Mortgage Rates at 4.32%, 15 Year Mortgage Rates at 3.75%

Mortgage rates were mixed in the most recent Primary Mortgage Market Survey released this morning by Freddie Mac. 30 year conforming fixed home mortgage rates tied a record low made last week and 15 year conforming fixed home mortgage rates made a new record low for the week ending September 30, 2010. 15 year mortgage interest rates are still at a record low set last week. Adjustable mortgage rates were mixed for the week ending September 30, 2010. 5 year adjustable home mortgage rates declined slightly and 1 year home adjustable home mortgage rates increased.  

Fixed conforming 30 year mortgage rates are averaging 4.32 percent for the week ending September 23, 2010, unchanged from the previous week’s average 30 year mortgage interest rate. Average mortgage discount points on 30 year home loans increased to 0.8 points, up from the prior week's average of 0.7 points.



Fixed 15 year mortgage rates are averaging 3.82 percent for the week ending September 23, 2010, unchanged from the prior week’s average 15 year home mortgage rate. Average mortgage discount points on 15 year home loans was 0.7 points, up from the previous week’s average of 0.6 points.

5 year U.S. Treasury indexed adjustable mortgage rates averaged 3.52 percent for the week ending September 30, 2010, down the previous week’s average 5 year adjustable home mortgage rate of  3.54 percent. Average mortgage discount points on 5 year adjustable home mortgages was unchanged at 0.6 points.

1 year U.S Treasury indexed adjustable home mortgage loan rates averaged 3.48 percent for the week ending September 30, 2010, an increase from the prior week’s average 1 year adjustable home mortgage rate of 3.46 percent.  Average mortgage points on 1 year adjustable home loans was 0.7 points, unchanged from the prior week’s average.
 
Author: Brian McKay
September 30th, 2010