Mortgage Rates Decrease: Mortgage Applications Decrease
One-year adjustable mortgage rates were down as well, according to the Mortgage Bankers Association's Weekly Mortgage Market Survey. Looking for the Best Mortgage Rates? MonitorBankRates.com has mortgage rate tables you can use to find the current mortgage rates in your zip code. Find Mortgage Rates Here Lender
APR / Rate
Fees / Points
Payment
$3,032
Includes 0.758 points for $3,032
Lender Fees: $0
$3,267 /mo
$3,648
Includes 0.912 points for $3,648
Lender Fees: $0
$3,267 /mo
$4,172
Includes 0.868 points for $3,472
Lender Fees: $700
$3,267 /mo
$4,570
Includes 0.875 points for $3,500
Lender Fees: $1,070
$3,269 /mo
$4,679
Includes 0.671 points for $2,684
Lender Fees: $1,995
$2,496 /mo
$5,070
Includes 1.000 points for $4,000
Lender Fees: $1,070
$2,496 /mo
$3,292
Includes 0.823 points for $3,292
Lender Fees: $0
$2,526 /mo
$3,744
Includes 0.936 points for $3,744
Lender Fees: $0
$2,529 /mo
$4,592
Includes 0.973 points for $3,892
Lender Fees: $700
$2,526 /mo
$4,184
Includes 0.714 points for $2,856
Lender Fees: $1,328
$2,562 /mo
$4,495
Includes 0.625 points for $2,500
Lender Fees: $1,995
$2,562 /mo
$4,954
Includes 0.971 points for $3,884
Lender Fees: $1,070
$2,562 /mo
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.
The average contract mortgage interest rate for 30-year fixed rate mortgages was down to 5.15 percent from 5.24 percent,discount points increased to 1.09 from 1.07. MonitorBankRates.com has today's mortgage rate listed at 5.22 percent for a 30-year mortgage. 15-year fixed rate mortgages are averaging 4.57 percent, down from the prior week's average contract mortgage rate of 4.58 percent for a 15-year fixed mortgage. Discount points also decreased from 1.18 to 0.85 points. Current mortgage rates are listed at 4.62 percent for a 15-year fixed rate mortgage at MonitorBankRates.com The average contract interest rate for one-year adjustable rate mortgage was down to 6.71 percent from 6.74 percent, discount points increased to 0.20 from 0.17. Lower mortgage rates usually drive the MBA's mortgage indexes higher but that wasn't the case this week. Both the Market Composite Index, which measures mortgage loan application volume and the Refinance Index, which measures mortgage refinance loan application volume were down. The Purchase Index, which measures mortgage loan applications for home purchases increased. Explore Other Mortgage and Refinance Offers
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