MBA – Mortgage Rates Increase Slightly, 30 Year Mortgage Rates at 4.69%, 15 Year Mortgage Rates at 4.12%![]() Comparing mortgage rates and mortgage refinance rates? Use our rate tables at MortgageRates.MonitorBankRates.com to compare mortgage rates. No personal information is needed for a list of mortgage rates. The increase in 30 year mortgage rates was the second consecutive week mortgage rates are higher. The good news the increase in the past two weeks has only been 2 basis points, or 0.02 percent. The average mortgage discount point on 30 year mortgages increased to 0.96 points, an increase from the previous week’s average of 0.86 points. 15 year mortgage rates are also slightly higher for the week ending July 9, 2010. The average contract 15 year mortgage interest rate is up to 4.12 percent, up from the previous week’s average 15 year mortgage rate of 4.11 percent. The second consecutive increase for 15 year mortgage rates. Mortgage discount points averaged 1.04 points on 15 year mortgages, up from last week’s average of 0.93 points. 1 year adjustable mortgage rates remained unchanged for the week ending July 9, 2010. The average 1 year contract adjustable mortgage rate is at 7.20 percent, unchanged prior week’s average 1 year mortgage rate of 7.05 percent. Average mortgage points on 1 year adjustable mortgage rates decreased to 0.22 points from 0.24 points. |
Mortgage CalculatorBanking & Finance InformationPersonal Finance |