Mortgage Rates: 30 Year Mortgage Rates Under 5.00%

Mortgage rates are down again this week over last. 30 year mortgage rates are back under 5.00 percent at 4.95 percent, matching the lows set in March of 2010. This is the third consecutive week of declines for 30 year mortgage rates.

10 year U.S. Treasury yields hit a low of 3.27 percent last week as the European Union was dealing with the spreading government debt crisis. The EU and the IMF are working on a $1 trillion dollar rescue package to save the Euro and the economic recovery.

Lower Treasury yields also drove 15 year mortgage rates lower, current 15 year mortgage rates are averaging 4.35 percent, down from the prior week's average 15 year mortgage rate of 4.42 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 ICB'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 #1429043

License: DBO - 60DBO85836

5.388%

15-Year Fixed

5.125%

$6,936

Includes 0.734 points for $2,936

Lender Fees: $4,000

$3,190 /mo

Next >

NMLS #2006915

License: 60DBO-149268

5.582%

15-Year Fixed

5.375%

$5,417

Includes 0.868 points for $3,472

Lender Fees: $1,945

$3,242 /mo

Next >

NMLS #1067

5.643%

15-Year Fixed

5.500%

$3,716

Includes 0.929 points for $3,716

Lender Fees: $0

$3,269 /mo

Next >

NMLS #1835285

5.645%

15-Year Fixed

5.500%

$3,772

Includes 0.943 points for $3,772

Lender Fees: $0

$3,269 /mo

Next >

NMLS #401822

5.661%

15-Year Fixed

5.375%

$7,500

Includes 0.875 points for $3,500

Lender Fees: $4,000

$3,242 /mo

Next >

NMLS #1025894

5.667%

15-Year Fixed

5.490%

$4,616

Includes 0.979 points for $3,916

Lender Fees: $700

$3,267 /mo

Next >

NMLS #2326098

License: 60DBO-181478

5.674%

15-Year Fixed

5.500%

$4,725

Includes 0.693 points for $2,772

Lender Fees: $1,953

$3,269 /mo

Next >

NMLS #2059741

5.728%

15-Year Fixed

5.500%

$5,960

Includes 0.990 points for $3,960

Lender Fees: $2,000

$3,269 /mo

Next >

NMLS #757416

5.746%

15-Year Fixed

5.625%

$3,136

Includes 0.784 points for $3,136

Lender Fees: $0

$3,295 /mo

Next >

NMLS #2627028

5.782%

15-Year Fixed

5.625%

$4,171

Includes 0.720 points for $2,880

Lender Fees: $1,291

$3,295 /mo

Next >

NMLS #1701910

5.808%

15-Year Fixed

5.750%

$1,490

Includes 0.000 points for $0

Lender Fees: $1,490

$3,322 /mo

Next >

NMLS #1429043

License: DBO - 60DBO85836

5.928%

5-Year ARM

5.750%

$7,768

Includes 0.942 points for $3,768

Lender Fees: $4,000

$2,335 /mo

Next >

NMLS #2006915

License: 60DBO-149268

6.379%

5-Year ARM

6.250%

$5,449

Includes 0.876 points for $3,504

Lender Fees: $1,945

$2,463 /mo

Next >

NMLS #1429043

License: DBO - 60DBO85836

6.391%

30-Year Fixed

6.250%

$6,000

Includes 0.500 points for $2,000

Lender Fees: $4,000

$2,463 /mo

Next >

NMLS #2326098

License: 60DBO-181478

6.505%

5-Year ARM

6.375%

$5,641

Includes 0.922 points for $3,688

Lender Fees: $1,953

$2,496 /mo

Next >

NMLS #1835285

6.560%

30-Year Fixed

6.500%

$2,500

Includes 0.625 points for $2,500

Lender Fees: $0

$2,529 /mo

Next >

NMLS #757416

6.589%

30-Year Fixed

6.500%

$3,696

Includes 0.924 points for $3,696

Lender Fees: $0

$2,529 /mo

Next >

NMLS #1835285

6.590%

5-Year ARM

6.500%

$3,740

Includes 0.935 points for $3,740

Lender Fees: $0

$2,529 /mo

Next >

NMLS #2561451

6.600%

30-Year Fixed

6.490%

$4,655

Includes 0.665 points for $2,660

Lender Fees: $1,995

$2,526 /mo

Next >

NMLS #2006915

License: 60DBO-149268

6.606%

30-Year Fixed

6.500%

$4,445

Includes 0.625 points for $2,500

Lender Fees: $1,945

$2,529 /mo

Next >

NMLS #2059741

6.628%

30-Year Fixed

6.490%

$5,772

Includes 0.943 points for $3,772

Lender Fees: $2,000

$2,526 /mo

Next >

NMLS #1067

6.696%

30-Year Fixed

6.625%

$2,924

Includes 0.731 points for $2,924

Lender Fees: $0

$2,562 /mo

Next >

NMLS #2627028

6.717%

30-Year Fixed

6.625%

$3,891

Includes 0.650 points for $2,600

Lender Fees: $1,291

$2,562 /mo

Next >

NMLS #1025894

6.727%

30-Year Fixed

6.625%

$4,204

Includes 0.876 points for $3,504

Lender Fees: $700

$2,562 /mo

Next >

NMLS #399799

6.728%

30-Year Fixed

6.625%

$4,416

Includes 0.772 points for $3,088

Lender Fees: $1,328

$2,562 /mo

Next >

NMLS #2326098

License: 60DBO-181478

6.740%

30-Year Fixed

6.625%

$4,941

Includes 0.747 points for $2,988

Lender Fees: $1,953

$2,562 /mo

Next >

NMLS #401822

6.758%

30-Year Fixed

6.625%

$5,495

Includes 0.875 points for $3,500

Lender Fees: $1,995

$2,562 /mo

Next >

NMLS #1701910

6.786%

30-Year Fixed

6.750%

$1,490

Includes 0.000 points for $0

Lender Fees: $1,490

$2,595 /mo

Next >

NMLS #330511

6.831%

30-Year Fixed

6.750%

$3,344

Includes 0.836 points for $3,344

Lender Fees: $0

$2,595 /mo

Next >

NMLS #3030

6.889%

15-Year Fixed

6.750%

$3,500

Includes 0.875 points for $3,500

Lender Fees: $0

$3,540 /mo

Next >

NMLS #3030

7.602%

30-Year Fixed

7.500%

$4,000

Includes 1.000 points for $4,000

Lender Fees: $0

$2,797 /mo

Next >

Rate data provided by RateUpdate.com. Displayed by ICB, a division of 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.

15 year jumbo mortgage rates are back below 5.00 percent at 4.95 percent this week. This is the lowest point for 15 year jumbo mortgage rates since March 15, 2010.

Searching for current mortgage rates and current refinance rates? Search our mortgage rate tables here: MortgageRates.MonitorBankRates.com

Current Mortgage Rates

Current 30 year jumbo mortgage rates are averaging  5.52 percent this week, down from the previous week's average jumbo mortgage rate of 5.54 percent. Today's jumbo mortgage refinance rates are also averaging 5.52 percent this week.

Today's 15 year jumbo mortgage rates are back under 5.00 percent at 4.95 percent, down from the prior week's average jumbo loan rate of 5.03 percent. Current 15 year jumbo mortgage refinance rates are also averaging 4.95 percent this week.

Adjustable Mortgage Rates, Current

Current 1 year conforming adjustable mortgage rates are averaging 3.85 percent, unchanged from the prior week's average 1 year adjustable mortgage rate. Two weeks ago 1 year adjustable rate mortgages were averaging 4.67 percent.

Current 3 year conforming adjustable mortgage rates are averaging 4.54 percent, up from last week's average home loan rate of 4.47 percent. 3 year refinance mortgage rates are also averaging 4.54 percent this week.

Today's 5 year conforming adjustable mortgage interest rates are averaging 3.67 percent, down slightly from last week’s average home loan rate of 3.68 percent. 5 year mortgage refinance rates are currently averaging 3.67 percent this week.

7 year conforming adjustable rates are averaging 4.16 percent this week, down from an average 7 year loan interest rate of 4.31 percent. Today, 7 year refinance mortgage loan rates are also averaging 4.16 percent this week.

Current conforming 10 year adjustable loan rates are averaging 4.52 percent, down from last week’s average mortgage interest rate of 4.55 percent. 10 year home loan refinance rates are currently averaging 4.52 percent.

Today's Jumbo Adjustable Mortgage Rates

Current 1 year jumbo ARMs are averaging in at 5.95 percent, unchanged from the prior week’s average 1 year jumbo loan rate of 5.59 percent. Current 1 year jumbo refinance rates are also unchanged at 5.95 percent.

Current 3 year jumbo adjustable loans are averaging 5.10 percent, down from last week’s average jumbo home loan rate of 5.14 percent. 3 year home jumbo refinance rates are also averaging 5.10 percent.

5 year jumbo ARMs are averaging 4.46 percent, down from an average mortgage rate of 4.51 percent. Current 5 year jumbo refinance loan rates are averaging 4.46 percent.

7 year jumbo ARMs are averaging 5.26 percent, down from the prior week’s average loan mortgage rate of 5.48 percent.7 year jumbo refinance rates are also averaging 5.26 percent this week.

Average 10 year jumbo mortgage interest rates are at 5.72 percent, down from the previous week’s average 10 year jumbo mortgage rate of 5.76 percent. 10 year jumbo loan refinance rates are also down to 5.72 percent this week.

Interest Only Mortgage Rates, Current

Conforming 3 year interest only mortgage rates are averaging 4.78 percent this week, up from last week’s average mortgage interest rate of 4.69%.

Current 5 year interest only home loans are averaging 3.85 percent this week, unchanged from last week's average five year interest only mortgage rate.

7 year IO home loans are averaging 4.34 percent, down from an average interest rate of 4.49 percent last week.

3 year jumbo IO loans are averaging 5.43 percent this week, unchanged from last week’s average jumbo interest mortgage rate.

Today's average 5 year jumbo IO loan rate is at 5.14 percent, down from the prior week’s average IO mortgage rate of 5.29 percent.

The average 7 year jumbo IO loan is averaging 5.65 percent this week, down from last week’s average jumbo 7 year rate of 5.84 percent.

Home Equity Loan Rates

10 year home equity loan rates are averaging 7.297 percent, up from last week’s average home equity loan rate of 7.125. 15 year home equity rates are averaging 7.418 percent this week, down from last week’s average home equity rate of 7.431 percent.

Home Equity Line of Credit Rates (HELOC)

Average home equity line of credit rates are averaging 4.777 percent this week, down from last week's average HELOC rate of 4.806.