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Home Mortgage Rates: 30 Year Home Mortgage Rates at 4.28%, 15 Year Home Mortgage Rates at 3.81%

Mortgage rates headed lower today, continuing the downtrend of the past several months. 30 year fixed mortgage rates hit a new low today of 4.28 percent, down from an average 30 year home mortgage interest rate of 4.40 percent. 30 year fixed mortgage rates in Rhode Island are slightly higher averaging 4.32 percent.

Current Fixed 15 year conforming mortgage rates are averaging 3.81 percent, down from an average 15 year home mortgage interest rate of 3.86 percent this past Monday. Current 15 year mortgage rates in Washington State are a little higher averaging 3.83 percent.  



Current 30 year jumbo mortgage interest rates averaging 4.86 percent, down from an average 30 year jumbo rate of 5.01 percent this past Monday. The average 30 year jumbo rate in Ohio is higher averaging 5.16 percent.

15 year jumbo mortgage rates are averaging 4.31 percent, down from an average 15 year jumbo home mortgage rate of 4.39 percent eariler this week. 15 year jumbo mortgage rates in Nevada are higher than the current national average jumbo interest rate.
 
Author: Brian McKay
September 24th, 2010