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Current Mortgage Refinance Rates Higher: 30 Year Refinance Rates at 5.02%

current-mortgage-refinance-rates-higher-30-year-refinance-rates-at-502Mortgage refinance rates are higher this week over last. The average 30 year mortgage refinance rate is back above 5.00 percent at 5.02 percent. This is the first time 30 year refinance rates are above 5.00 percent since the beginning of March. The average 15 year mortgage refinance rate is also higher this week. 15 year refi rates are averaging 4.39 percent, up from the prior week's average refinance home rate of 4.35 percent.

30 year jumbo refinance mortgage rates are averaging 5.57 percent this week, an increase from last week's average loan refinance rate of 5.54 percent. 15 year jumbo refinance rates are above 5.00 percent this week at 5.02 percent. This is the first time in a month 15 year loan refinance rates are above 5.00 percent.

Looking for mortgage refinance rates? Use our rate tables to find the best refinance rates.

Refinance Mortgage Rates

Adjustable Refinance Rates

1 year adjustable refinance rates are averaging 4.63% this week, up from last week when 1 year loan refinance rates averaged 4.47%.

3 year adjustable mortgage refi rates are averaging 4.69% this week, up from last week’s mortgage loan refinance rate of 4.11%.

The average 5 year adjustable refinance  rate is at 3.90% this week, down from last week’s average mortgage refinance interest rate of 3.92%.

Jumbo Adjustable Refinance Rates

The average 1 year jumbo adjustable refinance rate is at 5.59%, unchanged from last week’s average refinance rate.

The average 3 year jumbo adjustable refinance rate are averaging 5.20%, down from the prior week’s average adjustable refinance loan interest rate of 5.24%.

10 year home refi rates are averaging 5.73% this week, down from the prior week’s average 10 year home refinance rate of 5.76%.

Author: Brian McKay
April 1st, 2010