Home Loan Rates and Loan Refinance Rates: 30 Year Rates at 4.88%

National average fixed long term mortgage loan rates and refinance loan rates are lower this week except for 30 year conforming rates. Current 30 year conforming mortgage loan rates and refinance loan rates are averaging 4.88 percent, up from last week’s average 30 year home loan rate and refi rate of 4.77 percent. 30 year mortgage interest rates and refinance interest rates in California are higher than the national average 30 year rate. 30 year CA refinance rates and mortgage interest rates are averaging 4.97 percent.

15 year conforming refinance rates and mortgage interest rates are averaging 4.12 percent, down from the prior week’s average 15 year mortgage loan rate and refinance loan rate of 4.17 percent. 15 year rates in New Jersey are higher than the national average. 15 year NJ rates are averaging 4.17 percent.

30 year jumbo mortgage interest rates and 30 year jumbo refi rates are averaging 5.33 percent, a decline from last week’s  average jumbo rate and jumbo refi rate of 5.35 percent. 30 year jumbo rates in CA are higher averaging 5.50 percent.

Loan Type

Purchase Refinance with Cash out Refinance

State

Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District Of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming

FICO Score

Superior (780-850) Exceptional (760-779) Excellent (740-759) Very Good (720-739) Good (700-719) Above Average (680-699) Average (660-679) Fair (640-659) Need Improvement (620-639) Poor (350-620)

Loan Amount

$

Points

Up to 0 points Up to 0.5 points Up to 1 points Up to 1.5 points Up to 2 points Up to 2.5 points Up to 3 points

LTV

%

Loan Term

 15-Year Fixed  20-Year Fixed  30-Year Fixed  5-Year ARM  7-Year ARM  10-Year ARM

Show Advertiser Disclosure

The lenders whose rates and other terms appear on this chart are MRC's advertising partners. They provide their rate information to our data partner RateUpdate.com. Unless adjusted by the consumer, advertisers are sorted by APR from lowest to highest. For any advertising partners that do not provide their rate they are listed in advertisement display units at the bottom of the chart. Advertising partners may not pay to improve the frequency priority or prominence of their display. The interest rates, annual percentage rates and other terms advertised here are estimates provided by those advertising partners based on the information you entered above and do not bind. Any lender Monthly payment amounts stated do not include amounts for taxes and insurance premiums. The actual payment obligation will be greater if taxes and insurance are included. Although our data partner RateUpdate.com collects the information from the financial institutions themselves, the accuracy of the data cannot be guaranteed. Rates may change without notice and can change intraday. Some of the information contained in the rate tables including but not limited to special marketing notes is provided directly by the lenders. Please verify the rates and offers before applying for a loan with the financial institution themselves. No rate is binding until locked by a lender.

Lender

APR / Rate

Fees / Points

Payment

NMLS #2473786

5.015%

15-Year Fixed

4.875%

$3,723

Includes 0.657 points for $2,628

Lender Fees: $1,095

$3,138 /mo

Next >

NMLS #757416

5.121%

15-Year Fixed

4.990%

$3,472

Includes 0.868 points for $3,472

Lender Fees: $0

$3,162 /mo

Next >

NMLS #1025894

5.175%

15-Year Fixed

5.000%

$4,628

Includes 0.982 points for $3,928

Lender Fees: $700

$3,164 /mo

Next >

NMLS #2473786

5.340%

5-Year ARM

5.250%

$4,059

Includes 0.741 points for $2,964

Lender Fees: $1,095

$2,209 /mo

Next >

NMLS #1954591

License: 60DBO-113383

5.418%

15-Year Fixed

5.250%

$4,463

Includes 0.839 points for $3,356

Lender Fees: $1,107

$3,216 /mo

Next >

NMLS #2473786

5.838%

30-Year Fixed

5.750%

$3,843

Includes 0.687 points for $2,748

Lender Fees: $1,095

$2,335 /mo

Next >

NMLS #757416

5.936%

30-Year Fixed

5.875%

$2,664

Includes 0.666 points for $2,664

Lender Fees: $0

$2,367 /mo

Next >

NMLS #1025894

5.959%

30-Year Fixed

5.875%

$3,620

Includes 0.730 points for $2,920

Lender Fees: $700

$2,367 /mo

Next >

NMLS #399799

6.106%

30-Year Fixed

6.000%

$4,703

Includes 0.844 points for $3,376

Lender Fees: $1,327

$2,399 /mo

Next >

NMLS #1954591

License: 60DBO-113383

6.222%

30-Year Fixed

6.125%

$4,183

Includes 0.769 points for $3,076

Lender Fees: $1,107

$2,431 /mo

Next >

NMLS #1954591

License: 60DBO-113383

6.357%

5-Year ARM

6.250%

$4,595

Includes 0.872 points for $3,488

Lender Fees: $1,107

$2,463 /mo

Next >

Rate data provided by RateUpdate.com. Displayed by Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes and insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details.

Current 15 year jumbo home rates and jumbo refinance interest rates are averaging at 4.76 percent, down from the prior week’s average jumbo mortgage loan rate of 4.58 percent. Current 15 year jumbo mortgage loan rates and mortgage refi rates in TX are higher averaging 4.81 percent.

Mortgage Loan Rates & Refi Rates

Conforming Adjustable Loan Rates and Conforming Adjustable Refinance Loan Rates

1 year adjustable rates - Current refinancing rates and mortgage interest rates are averaging 3.05 percent, down from last week’s average 1 year adjustable home mortgage refi interest rate and loan rate of 3.11 percent.

3 year adjustable  rates and adjustable refinancing rates are averaging 3.47 percent, up from last week’s average 3 year adjustable mortgage loan rate of 3.30 percent.

5 year adjustable mortgage loan rates today are averaging 3.50 percent, down from the prior week’s average rate of 3.64 percent. Current refi rates are also down to 3.50 percent.

7 year adjustable mortgage loan interest rates are averaging 4.01 percent, up from the previous week’s average 7 year loan rate of 3.84 percent. Current refinance loan rates are also higher, averaging 4.01 percent.

10 year adjustable mortgage loan rates today are averaging 4.47 percent this week, up from last week’s average 10 year adjustable rate of 4.39 percent. Refinance interest rates for 10 year home loans are also averaging 4.47 percent.

Adjustable Jumbo Refinance Interest Rates and Jumbo Mortgage Interest Rates

1 year jumbo adjustable loan rates are averaging 3.39 percent, unchanged from the prior week’s average 1 year jumbo adjustable loan mortgage interest rate. Today's jumbo adjustable refinance interest rates are also  unchanged at 3.39 percent.

3 year adjustable jumbo rates are higher averaging 4.26 percent, down from last week’s average 3 year jumbo adjustable rate of 4.31 percent. Today’s refi rates on 3 year jumbo adjustable mortgage loans are also lower averaging 4.26 percent.

5 year adjustable jumbo interest rates today are averaging 3.93 percent, down from last week’s average jumbo adjustable rate of 3.85 percent. Current refinance loan rates on 5 year jumbo home loans are also averaging 3.93 percent.

7 year jumbo adjustable loan rates today are averaging 4.56 percent, down from last week’s average 7 year adjustable home loan rate of 4.62 percent. 7 year jumbo refinance loan rates are also lower at 4.56  percent.

Today's 10 year jumbo loan rates are averaging 5.24 percent, up from the prior week’s average 10 year jumbo home loan rate of 5.23 percent. 10 year jumbo refinance interest rates are also higher averaging 5.24 percent.

Conforming Interest Only Adjustable Refi Rates and Interest Only Adjustable Mortgage Loan Rates

3 year interest only adjustable mortgage loan rates are averaging 3.47 percent, down from last week’s average interest only mortgage loan rate of 3.53 percent. 3 year interest only adjustable refinance loan rates are also lower averaging 3.47 percent.

5 year interest only adjustable loan rates are averaging 3.68 percent, up from last week’s average five year interest only mortgage loan rate of 3.59 percent. Today 5 year interest only adjustable refinance mortgage loan rates are also averaging 3.68 percent.

7 year interest only adjustable mortgage loan rates are averaging 4.18 percent, up from last week’s average 7 year interest-only mortgage interest rate of 4.03 percent. 7 year adjustable refi loan rates are averaging 4.18 percent.

Interest Only Adjustable Jumbo Refi Rates and Jumbo Interest Only Mortgage Loan Rates

3 year jumbo interest only adjustable loan rates are averaging 5.01 percent, up from last week’s average jumbo adjustable interest only rate of 4.83 percent. 3 year interest only adjustable jumbo refi rates are also higher averaging 5.01 percent.

5 year adjustable jumbo loan interest only rates are averaging 4.40  percent, up from last week’s average IO home mortgage interest rate of 4.38 percent. 5 year jumbo adjustable IO loan rates are also averaging higher at 4.40 percent.

7 year jumbo interest only adjustable rates are averaging 4.83 percent, up from an average jumbo 7 year home loan rate of 4.82 percent. Current 7 year jumbo adjustable interest-only rates are also averaging 4.83 percent.

Home Equity Loan Rates

10 year home equity loan rates are averaging 6.714 percent, up from last week’s average home equity rate of 6.705 percent.

15 year home equity rates are averaging 7.093 percent, unchanged from last week’s average home equity rate.

Home Equity Line of Credit Rates

Home equity line of credit rates are averaging 5.15 percent, unchanged from last week’s average HELOC rate.