Mortgage Rates July 22: 30 Year Mortgage Rates at 4.48%, 15 Year Mortgage Rates at 3.72%

Mortgage rates today are mixed, no big change in average rates. Today's fixed conforming 30 year mortgage rates are averaging 4.48%, down from yesterday’s average 30 year mortgage rate of 4.50%. Today's 15 year conforming mortgage rates are averaging 3.72%, an increase from yesterday’s average 15 year mortgage rate of 3.70%.

Search for current mortgage rates by searching our mortgage rate tables here: Today's Mortgage Rates. Unlike most websites, no personal information is needed to view a list of mortgage rates.

30 year jumbo mortgage rates are averaging 4.91%, down from yesterday’s average 30 year jumbo mortgage rate of 4.97%. 15 year jumbo mortgage rates are averaging 4.22%, up from yesterday’s average 15 year jumbo rate of 4.17%.

Following is a more in-depth mortgage rate report released by MonitorBankRates this past Monday:

Conforming Adjustable Mortgage Rates

1 year adjustable mortgage rates are averaging 3.66%, unchanged from last week’s average 1 year adjustable jumbo mortgage rate of 3.66%.

3 year adjustable mortgage refinance rates and adjustable mortgage rates today are averaging 2.89%, down from last week’s average 3 year adjustable mortgage rate of 3.03%.

5 year adjustable mortgages are averaging 3.39%, up from the prior week’s average rate of 3.19%.

7 year adjustable mortgage are averaging 3.43%, down from the previous week’s average 7 year loan rate of 3.53%.

10 year adjustable mortgage rates are averaging 3.91%, down from last week’s average 10 year adjustable rate of 3.97%.

Adjustable Jumbo Mortgage Rates Today

1 year jumbo adjustable mortgage rates are averaging 3.12 %, down from last week’s average adjustable rate of 4.05%.

3 year adjustable jumbo rates are averaging higher at 3.38%, down from last week’s average 3 year jumbo adjustable rate of 3.58%.

5 year adjustable jumbo rates today are averaging 3.43%, an increase from last week’s average jumbo adjustable rate of 3.42%.

Current 7 year jumbo adjustable loan rates are averaging 3.33%, down from last week’s average 7 year adjustable home loan rate of 3.53%.

10 year jumbo loan rates are averaging 4.52%, up from the prior week’s average 10 year jumbo home loan rate of 4.47%.

Today’s Conforming Interest Only Adjustable Mortgage Rates

3 year interest only adjustable mortgage loan rates are averaging 3.05%, down from last week’s average interest only mortgage loan rate of 3.17%.

5 year IO adjustable loan rates are averaging 3.19%, down last week’s average five year interest only mortgage loan rate of 3.25%.

7 year interest only adjustable mortgage loan rates are averaging 3.56%, down from last week’s average 7 year interest-only mortgage interest rate of 3.63%.

Interest Only Jumbo Mortgage Rates Current

3 year jumbo interest only adjustable loan rates are averaging 3.93%, a decline from last week’s average jumbo adjustable interest only rate of 4.08%.

5 year adjustable jumbo interest only rates are averaging 3.65%, down from last week’s average IO home mortgage interest rate of 3.79%.

7 year jumbo interest only adjustable rates are averaging 4.07%, down from last week’s average jumbo 7 year home loan rate of 4.18%.

Today’s Home Equity Loan Rates

10 year home equity loan rates are averaging 6.77%, unchanged from last week’s average home equity loan rate.

15 year home equity rates are averaging 6.98%, up  from the prior week’s average home equity loan rate of 6.87%.

HELOC Rates Today

Home equity line of credit rates are averaging 4.97%, unchanged from last week’s average rate HELOC rate.

 
Author: Brian McKay
July 22nd, 2011