Mortgage Rates Ascend Today

Mortgage rates moved higher today but there were no big change in average mortgage rates. Current mortgage rates on 30 year home loans are averaging 4.10%, a slight from yesterday’s average 30 year mortgage rate of 4.09%. Mortgage rates today on 15 year home loans are averaging 3.38%, up from yesterday’s average 15 year mortgage rate of 3.37%. 

Compare mortgage rates from several lenders by using our rate tables here: Mortgage Rates. Unlike most websites, no personal information is needed to view a list of mortgage rates.

Current mortgage rates on 30 year jumbo home mortgage loans are averaging 4.52%, a decline from yesterday’s average 30 year jumbo mortgage rate of 4.54%. 15 year jumbo mortgage rates are averaging 3.76%, an increase from yesterday’s average 15 year jumbo mortgage rate of 3.72%.

Mortgage Rates

Conforming Adjustable Home  Loans – Mortgage Rates Today

1 year adjustable mortgage rates today are averaging 3.79%, up from last week’s average 1 year adjustable jumbo mortgage rate of 3.77%.

3 year adjustable today’s mortgage rates are averaging 2.60%, down from last week’s average 3 year adjustable mortgage rate of 2.74%.

5 year adjustable mortgage rates are averaging 2.78%, a decrease from the prior week’s average 5 year adjustable rate of 2.82%.

Current 7 year adjustable mortgage rates currently are averaging 3.12%, no changed from the previous week’s average 7 year adjustable mortgage rate.

10 year adjustable mortgage rates currently are averaging 3.60%, unchanged from last week’s average 10 year adjustable rate.

Adjustable Jumbo Home Mortgage Loans – Mortgage Rates Today

Current 1 year jumbo adjustable mortgage rates are averaging 4.50%, up from last week’s average adjustable jumbo mortgage rate of 4.05%.

3 year adjustable jumbo mortgage rates today are averaging lower at 3.42%, down from last week’s average 3 year jumbo adjustable rate of 3.49%.

5 year adjustable jumbo mortgage rates and refinance rates currently are averaging 3.03%, up from last week’s average jumbo adjustable rate of 3.02%.

7 year jumbo adjustable mortgage rates and refinance rates today are averaging 3.57%, unchanged from last week’s average 7 year adjustable home loan rate.

10 year jumbo loan rates and refi rates are averaging 3.97%, up from the prior week’s average 10 year jumbo home mortgage loan rate of 3.96%.

Conforming Interest Only Adjustable Mortgage Lending Rates – Current Mortgage Rates

3 year interest only adjustable mortgage loan rates and refinancing rates are averaging 2.85%, down from last week’s average interest only mortgage loan rate of 3.15%.

5 year IO adjustable loan mortgage rates and mortgage refinance rates are averaging 2.93%, down from last week’s average five year interest only home mortgage rate of 3.18%.

7 year interest only adjustable mortgage rates and refinance rates are averaging 3.44%, down from last week’s average 7 year interest-only mortgage lending rate of 3.54%. Of course you can find mortgage lenders and mortgage brokers offering mortgage lending rates below the averages.

Interest Only Jumbo Loan Interest Rates – Today's Mortgage Rates

Today’s 3 year jumbo interest only adjustable loan rates are averaging 3.58%, down from last week’s average jumbo adjustable interest only rate of 3.67%

Current 5 year adjustable jumbo interest only rates are averaging 3.43%, a decrease from last week’s average IO home mortgage interest rate of 3.44%.

Today’s 7 year jumbo interest only adjustable rates are averaging 3.79%, unchanged from last week’s average jumbo 7 year home mortgage loan rate.

Home Equity Loan Interest Rates 

10 year home equity loan rates are averaging 6.45%, unchanged from last week’s average home equity loan rate.

15 year home equity rates are averaging 6.41%, no change from last week’s average home equity loan rate.

Home Equity Line of Credit Rates

Home equity line of credit rates currently are averaging 4.81%, unchanged last week’s average rate HELOC rate.

 
Author: Brian McKay
November 4th, 2011