Mortgage Rates: Current Mortgage Rates Hit New Low: 30 Year Mortgage Rates at 4.81%

Mortgage rates are down again this week over last. 30 year mortgage rates have hit a new low for 2010. 30 year mortgage rates are now averaging 4.81 percent, down from the previous week's average 30 year mortgage rate of 4.90 percent. You can thank the financial trouble in the European Union for lower mortgage rates.

Since the Greek government debt crisis, the euro has declined in value against the dollar. Investors have been buying dollars and U.S. Treasuries as a safe haven during these uncertain times. When Treasury prices move higher Treasury yields move lower. Mortgage rates are tied to Treasury yields. When yields move down mortgage rates also head lower.

Searching for current mortgage rates and current refinance rates? Use our mortgage rate tables at MortgageRates.MonitorBankRates.com to find the lowest mortgage rates and refinance rates in your state.

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 #2126430

4.764%

15-Year Fixed

4.625%

$3,695

Includes 0.625 points for $2,500

Lender Fees: $1,195

$3,086 /mo

Next >

NMLS #2059741

4.764%

15-Year Fixed

4.625%

$3,708

Includes 0.927 points for $3,708

Lender Fees: $0

$3,086 /mo

Next >

NMLS #2473786

4.779%

15-Year Fixed

4.625%

$4,119

Includes 0.756 points for $3,024

Lender Fees: $1,095

$3,086 /mo

Next >

NMLS #757416

4.894%

15-Year Fixed

4.750%

$3,836

Includes 0.959 points for $3,836

Lender Fees: $0

$3,112 /mo

Next >

NMLS #1954591

License: 60DBO-113383

4.930%

15-Year Fixed

4.750%

$4,839

Includes 0.933 points for $3,732

Lender Fees: $1,107

$3,112 /mo

Next >

NMLS #2473786

4.972%

5-Year ARM

4.875%

$4,451

Includes 0.839 points for $3,356

Lender Fees: $1,095

$2,117 /mo

Next >

NMLS #2126430

4.983%

5-Year ARM

4.875%

$4,951

Includes 0.939 points for $3,756

Lender Fees: $1,195

$2,117 /mo

Next >

NMLS #1928741

4.987%

15-Year Fixed

4.875%

$2,960

Includes 0.740 points for $2,960

Lender Fees: $0

$3,138 /mo

Next >

NMLS #1312186

5.007%

15-Year Fixed

4.875%

$3,500

Includes 0.875 points for $3,500

Lender Fees: $0

$3,138 /mo

Next >

NMLS #6606

5.260%

15-Year Fixed

5.125%

$3,548

Includes 0.887 points for $3,548

Lender Fees: $0

$3,190 /mo

Next >

NMLS #1312186

5.336%

5-Year ARM

5.250%

$3,868

Includes 0.967 points for $3,868

Lender Fees: $0

$2,209 /mo

Next >

NMLS #1954591

License: 60DBO-113383

5.480%

5-Year ARM

5.375%

$4,723

Includes 0.904 points for $3,616

Lender Fees: $1,107

$2,240 /mo

Next >

NMLS #2059741

5.573%

30-Year Fixed

5.490%

$3,700

Includes 0.925 points for $3,700

Lender Fees: $0

$2,269 /mo

Next >

NMLS #2126430

5.583%

30-Year Fixed

5.500%

$3,695

Includes 0.625 points for $2,500

Lender Fees: $1,195

$2,272 /mo

Next >

NMLS #2473786

5.587%

30-Year Fixed

5.490%

$4,295

Includes 0.800 points for $3,200

Lender Fees: $1,095

$2,269 /mo

Next >

NMLS #757416

5.687%

30-Year Fixed

5.625%

$2,744

Includes 0.686 points for $2,744

Lender Fees: $0

$2,303 /mo

Next >

NMLS #1928741

5.700%

30-Year Fixed

5.625%

$3,296

Includes 0.824 points for $3,296

Lender Fees: $0

$2,303 /mo

Next >

NMLS #1312186

5.842%

30-Year Fixed

5.750%

$4,000

Includes 1.000 points for $4,000

Lender Fees: $0

$2,335 /mo

Next >

NMLS #1954591

License: 60DBO-113383

5.861%

30-Year Fixed

5.750%

$4,895

Includes 0.947 points for $3,788

Lender Fees: $1,107

$2,335 /mo

Next >

NMLS #6606

5.958%

30-Year Fixed

5.875%

$3,592

Includes 0.898 points for $3,592

Lender Fees: $0

$2,367 /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.

15 year mortgage rates are lower this week over last. Today's 15 year mortgage rates are averaging 4.28 percent, a slight decline from last week’s average 15 year mortgage rate of 4.33 percent. Right now on our mortgage rate tables, Aimloan.com is offering 15 year mortgage rates at 3.75 percent with 1.31 mortgage discount points.

Current Mortgage Rates

Today’s 30 year jumbo mortgage rates are averaging 5.38 percent, a decrease from the prior week's average jumbo mortgage rate of 5.54 percent. Current 30 year jumbo refinance mortgage rates are also averaging 5.38 percent. Suntrust Mortgage is currently offering 30 year jumbo mortgage rates at 5.75 percent with .25 mortgage points.

Currently, 15 year jumbo mortgage interest rates are averaging 4.80 percent, down from last week’s average jumbo loan mortgage rate of 4.88 percent. Today's 15 year jumbo mortgage refinance rates are also down this week over last. The current average 15 year jumbo refinance rate is at 4.80 percent.

Conventional Adjustable Mortgage Rates, Current

Current 1 year conventional adjustable mortgage rates are averaging 3.82 percent, down from last week’s average 1 year adjustable mortgage rate of 3.85 percent. 1 year adjustable refinance mortgage rates also declined to 3.82 percent.

Currently, 3 year conventional adjustable mortgage rates are averaging 4.35 percent, down from last week's average home loan mortgage interest rate of 4.54 percent. 3 year mortgage refinance rates are also down to 4.35 percent this week.

Today's 5 year conventional adjustable mortgage rates are averaging 3.95 percent, a big increase from last week’s average loan rate of 3.67 percent. Current 5 year mortgage refinance rates are also averaging 3.95 percent this week.

Current 7 year conventional adjustable mortgage loan rates are averaging 4.13 percent this week, a slight decline from last week's average 7 year mortgage interest rate of 4.14 percent. Today's 7 year refinance rates were also down this week to 4.13 percent.

Current conventional 10 year adjustable mortgage loan rates are averaging 4.49 percent, down from last week's average 10 year mortgage interest rate of 4.51 percent. Current average 10 year home loan refinance rates are averaging 4.49 percent.

Current Jumbo Adjustable Mortgage Rates

Current 1 year jumbo adjustable mortgage rates are averaging 5.95 percent today, unchanged from last week’s average 1 year jumbo adjustable loan mortgage rate of 5.95 percent. Today's 1 year jumbo refinance rates are also averaging 5.95 percent.

Current 3 year jumbo adjustable rate loans are averaging 5.05 percent, down from last week’s average jumbo home loan interest rate of 5.11 percent. Today's 3 year home jumbo mortgage refinance rates are also down this week, averaging 5.05 percent.

Today's 5 year jumbo ARMs are averaging 4.40 percent, down from an average mortgage rate of 4.50 percent. Current 5 year jumbo refinance loan rates are averaging 4.40 percent, down from last week's average 5 year refi rate of 4.50 percent.

The average 7 year jumbo ARM is at 5.14 percent this week, a decrease from last week’s average loan mortgage rate of 5.32 percent. Today's 7 year jumbo refinance rates are also averaging 5.14 percent.

Current 10 year jumbo mortgage rates are averaging 5.56 percent, down from last week’s average 10 year jumbo mortgage interest rate of 5.82 percent. Current 10 year jumbo loan refinance rates are also down to 5.56 percent this week over last.

Interest Only Mortgage Rates Today

Today's conforming 3 year interest only mortgage rates are averaging 4.52 percent this week, down from last week’s average mortgage interest rate of 4.57 percent.

Current 5 year interest only home loans are averaging 3.75 percent this week, down from last week’s average five year interest only mortgage rate of 3.83 percent.

7 year IO home loans are averaging 4.25 percent, down from an average interest rate of 4.29 percent last week.

Jumbo Interest Only Mortgage Rates Current

Current 3 year jumbo IO loans are averaging 5.47 percent this week, down from last week’s average jumbo interest mortgage rate of 5.49 percent.

Currently, 5 year jumbo IO loan mortgage rates are averaging 5.06 percent, down from the prior week’s average IO mortgage rate of 5.17 percent.

The average 7 year jumbo IO loan is averaging 5.53 percent this week, down from last week’s average jumbo 7 year rate of 5.73 percent.

Current Home Equity Loan Rates

Current 10 year home equity loan rates are averaging 7.293 percent, down from last week’s average home equity loan rate of 7.297 percent.

15 year home equity rates are averaging 7.416 percent this week, down from last week’s average home equity rate of 7.418 percent.

Current Home Equity Line of Credit Rates (HELOC)

Average home equity line of credit rates are averaging 4.664 percent this week, unchanged from last week’s average HELOC rate.