Current Mortgage Rates Rise in Freddie Mac’s PMMS

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Current mortgage rates are higher in Freddie Mac's Primary Mortgage Market Survey released this morning. Treasury yields moved higher on news that the Federal Open Market Committee wasn't planning on immediately starting another round of quantitative easing.

Mixed economic data released this past week and news that additional debt relief for the European Union also contributed to higher bond yields and mortgage rates.
Loan Type
Purchase    Refinance
Location
State/City    Zip Code
Loan Amt Points FICO % Down
  
$
in 95816, All points, 740    Sort by:
Lender
APR
Rate
Cost & Fees
Notes
 
PERIOD_FIXED_30YEARS Mortgage Loan from Quicken Loans NMLS #3030
Quicken Loans NMLS #3030
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111724.gif
300000
Purchase
3.693%
3.500%
USD
Quicken Loans NMLS #3030 Logo
NMLS # 3030
06/04/2020
at 2.000 pts
45 day lock rate
Est payment: $1,348
Fees in APR: $7,250
The Better Business Bureau gives Quicken Loans and A+ for customer service.
 
PERIOD_FIXED_30YEARS Mortgage Loan from Figure Lending LLC
Figure Lending LLC
https:https://mortgagerates.icanbuy.com/images/lenderslogos/112490.gif
300000
Purchase
2.884%
2.625%
USD
Figure Lending LLC Logo
NMLS # 1717824
06/04/2020
at 1.375 pts
60 day lock rate
Est payment: $1,205
Fees in APR: $10,269
Put your money where you need it sooner.
 
PERIOD_FIXED_30YEARS Mortgage Loan from Rocket Mortgage
Rocket Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111574.gif
300000
Purchase
3.314%
3.125%
USD
Rocket Mortgage Logo
NMLS # 3030
06/04/2020
at 2.000 pts
45 day lock rate
Est payment: $1,286
Fees in APR: $7,250
From the lender: We can close your loan in less than a month!
 
PERIOD_FIXED_30YEARS Mortgage Loan from HighTechHomeLoans
HighTechHomeLoans
https:https://mortgagerates.icanbuy.com/images/lenderslogos/112330.gif
300000
Purchase
2.668%
2.500%
USD
HighTechHomeLoans Logo
NMLS # 7147
State Lic # 4130937
06/04/2020
at 2.000 pts
30 day lock rate
Est payment: $1,186
Fees in APR: $6,655
HighTechLending is Here To Help
 
PERIOD_FIXED_30YEARS Mortgage Loan from HighTechHomeLoans
HighTechHomeLoans
https:https://mortgagerates.icanbuy.com/images/lenderslogos/112330.gif
300000
Purchase
2.606%
2.375%
USD
HighTechHomeLoans Logo
NMLS # 7147
State Lic # 4130937
06/04/2020
at 2.875 pts
30 day lock rate
Est payment: $1,166
Fees in APR: $9,253
HighTechLending is Here To Help
 
PERIOD_FIXED_30YEARS Mortgage Loan from Figure Lending LLC
Figure Lending LLC
https:https://mortgagerates.icanbuy.com/images/lenderslogos/112490.gif
300000
Purchase
2.821%
2.500%
USD
Figure Lending LLC Logo
NMLS # 1717824
06/04/2020
at 2.250 pts
60 day lock rate
Est payment: $1,186
Fees in APR: $12,816
Put your money where you need it sooner.
 
PERIOD_FIXED_30YEARS Mortgage Loan from HighTechHomeLoans
HighTechHomeLoans
https:https://mortgagerates.icanbuy.com/images/lenderslogos/112330.gif
300000
Purchase
2.731%
2.625%
USD
HighTechHomeLoans Logo
NMLS # 7147
State Lic # 4130937
06/04/2020
at 1.125 pts
30 day lock rate
Est payment: $1,205
Fees in APR: $4,156
HighTechLending is Here To Help
 
PERIOD_FIXED_30YEARS Mortgage Loan from Quicken Loans NMLS #3030
Quicken Loans NMLS #3030
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111724.gif
300000
Purchase
3.991%
3.875%
USD
Quicken Loans NMLS #3030 Logo
NMLS # 3030
06/04/2020
at 1.000 pts
45 day lock rate
Est payment: $1,411
Fees in APR: $4,250
The Better Business Bureau gives Quicken Loans and A+ for customer service.
 
PERIOD_FIXED_30YEARS Mortgage Loan from Rocket Mortgage
Rocket Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111574.gif
300000
Purchase
3.909%
3.875%
USD
Rocket Mortgage Logo
NMLS # 3030
06/04/2020
at 0.000 pts
45 day lock rate
Est payment: $1,411
Fees in APR: $1,250
From the lender: We can close your loan in less than a month!
 
PERIOD_FIXED_30YEARS Mortgage Loan from Figure Lending LLC
Figure Lending LLC
https:https://mortgagerates.icanbuy.com/images/lenderslogos/112490.gif
300000
Purchase
3.029%
2.875%
USD
Figure Lending LLC Logo
NMLS # 1717824
06/04/2020
at 0.000 pts
60 day lock rate
Est payment: $1,245
Fees in APR: $6,000
Put your money where you need it sooner.
 
PERIOD_FIXED_30YEARS Mortgage Loan from HighTechHomeLoans
HighTechHomeLoans
https:https://mortgagerates.icanbuy.com/images/lenderslogos/112330.gif
300000
Purchase
2.801%
2.750%
USD
HighTechHomeLoans Logo
NMLS # 7147
State Lic # 4130937
06/04/2020
at 0.500 pts
30 day lock rate
Est payment: $1,225
Fees in APR: $2,005
HighTechLending is Here To Help
 
PERIOD_FIXED_30YEARS Mortgage Loan from Figure Lending LLC
Figure Lending LLC
https:https://mortgagerates.icanbuy.com/images/lenderslogos/112490.gif
300000
Purchase
2.953%
2.750%
USD
Figure Lending LLC Logo
NMLS # 1717824
06/04/2020
at 0.625 pts
60 day lock rate
Est payment: $1,225
Fees in APR: $7,968
Put your money where you need it sooner.
 
PERIOD_FIXED_30YEARS Mortgage Loan from Rocket Mortgage
Rocket Mortgage
https:https://mortgagerates.icanbuy.com/images/lenderslogos/111574.gif
300000
Purchase
3.614%
3.500%
USD
Rocket Mortgage Logo
NMLS # 3030
06/04/2020
at 1.000 pts
45 day lock rate
Est payment: $1,348
Fees in APR: $4,250
From the lender: We can close your loan in less than a month!
 
PERIOD_FIXED_30YEARS Mortgage Loan from HighTechHomeLoans
HighTechHomeLoans
https:https://mortgagerates.icanbuy.com/images/lenderslogos/112330.gif
300000
Purchase
2.881%
2.875%
USD
HighTechHomeLoans Logo
NMLS # 7147
State Lic # 4130937
06/04/2020
at -0.125 pts
30 day lock rate
Est payment: $1,245
Fees in APR: $244
HighTechLending is Here To Help
 

Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click here for more information on rates and product details.






In Freddie Mac's survey conforming 30 year mortgage rates averaged 3.55 percent with 0.7 points for the week ending August 7, 2012. Average 30 year mortgage rates increased from the previous week's average of 3.49 percent which was an all-time record low.

Current mortgage rates on 30 year conforming loans are averaging 3.58 percent in Bankrate's national average rate survey. You can find lenders offering 30 year refinance rates below the averages and as low as 3.13 percent in some states.

Average 15 year conventional mortgage rates are at 2.83 percent with 0.6 mortgage points, an increase from last week's average 15 year mortgage rate of 2.80 percent. Today's mortgage rates on 15 year conforming loans are averaging 2.98 percent.

Right now on our rate tables many lenders are offering 15 year refinance rates below the averages. Some lenders are even offering 15 year refi rates as low as 2.50 percent in some states.

Adjustable mortgage rates were mixed in Freddie Mac's survey. 5 year conforming mortgage rates increased to 2.75 percent with 0.6 mortgage points. Conforming 5 year rates are up from last week's average of 2.74 percent. Mortgage rates current on 5 year adjustable loans are at 3.08 percent.

1 year adjustable mortgage rates are averaging 2.70 percent with 0.4 mortgage points. Average 1 year adjustable mortgage interest rates are down from last week's average of 2.71 percent.
 
Author: Brian McKay
August 2nd, 2012