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

Higher Mortgage Rates Today: Current 30 Year Refinance Rates at 3.62%

For the second consecutive week mortgage rates moved higher in Freddie Mac's Primary Mortgage Market Survey. Higher bond yields are sending mortgage rates today higher as well. Bond yields which hit an all-time record low of of 1.39 percent on July 24, 2012, are up 8 basis points to 1.72 percent.

Current mortgage rates on 30 year conforming loans averaged 3.59 percent with 0.6 mortgage points for the week ending August 9, 2012, up from an average 30 year mortgage rate of 3.55 percent the prior week.

Today's refinance rates in Bankrate's national average server are even higher averaging 3.62 percent. There are many different home loan lenders on our rate tables advertising 30 year refinance rates as low as 3.25 percent if you're willing to pay points.

Today's mortgage rates on 15 year conforming loans are also higher in this week's mortgage survey. 15 year mortgage rates currently are averaging 2.84 percent with 0.6 mortgage points.

The average conforming 15 year mortgage rate is higher from last week's average of 2.83 percent. There are lenders on our conventional rate tables offering 15 year refinance rates as low as 2.75 percent with points.

Adjustable mortgage rates today were mixed in this week's survey. Average adjustable mortgage rates on 5 year conforming loans are at 2.77 percent with 0.6 points, up from last week's average 5 year adjustable mortgage rate of 2.75 percent. You can find 5 year refi rates as low as 1.88 percent on our refinance rate tables.

Mortgage rates current on 1 year adjustable mortgage loans averaged 2.65 percent with 0.4 points for the week ending August 9, 2012. The average 1 year adjustable mortgage rate is down from last week's average of 2.70 percent. 1 year refinancing rates are available as low as 2.50 percent on our refi rate tables.
Author: Lisa Graham
August 9th, 2012