Mortgage Rates Make New Record Low Says Freddie: 30 Year Mortgage Rates at 4.36%, 15 Year Mortgage Rates at 3.86%

Mortgage rates made another record low in the most recent mortgage rate report released yesterday. Both 30 year mortgage rates and 15 year mortgage rates made fresh lows in Freddie Mac's Primary Mortgage Market Survey for the week ending August 26, 2010. Current 5 year adjustable mortgage rates tied an all-time low set the prior week.

30 year mortgage rates are averaging 4.36 percent for the week ending August 26, 2010, down from the previous week’s average 30 year mortgage rate of 4.42 percent. Average mortgage discount points on 30 year home mortgages remained unchanged at 0.7 points. A year ago average 30 year mortgage rates were above 5.00 percent at 5.14 percent.

15 year mortgage rates are averaging 3.86 percent for the week ending August 26, 2010, a decline from the prior week’s average of 15 year mortgage interest rate of 3.90 percent. Mortgage discount points on 15 year mortgages remained unchanged at 0.6 mortgage points. A year ago 15 year mortgage rates were averaging 4.58 percent.

5 year Treasury indexed adjustable mortgage rates remain at the lowest point ever recorded in Freddie's mortgage rate suvery. 5 year U.S. Treasury indexed adjustable mortgage rates are averaging 3.56 percent for the week ending August 26, 2010, no change from the previous week's average 5 year adjustable mortgage interest rate. Mortgage discount points on 5 year adjustable mortgages declined to 0.6 points, down from the previous week’s average of 0.7 points.

1 year Treasury indexed adjustable mortgage rates are averaging 3.52 percent for the week ending August 26, 2010, a decline from the previous week’s average 1 year adjustable mortgage rate of 3.53 percent. Average mortgage discount points were 0.7 points, unchanged from the previous week’s average.

Loan Term
Lender
APR / Rate
Payment
Fees and Points
 
Embrace Home Loans
NMLS #2184
7.133%
15-Year Fixed
6.990%
$3,594 /mo
$3,556
Includes 0.889 points for $3,556
Lender Fees: $0
PADDIO
NMLS #1907
7.154%
15-Year Fixed
6.875%
$3,568 /mo
$7,000
Includes 0.875 points for $3,500
Lender Fees: $3,500
Good Day Financial, LLC
NMLS #1984206
License: MB-1984206
7.206%
15-Year Fixed
7.000%
$3,596 /mo
$5,388
Includes 0.824 points for $3,296
Lender Fees: $2,092
PADDIO
NMLS #1907
7.425%
30-Year Fixed
7.250%
$2,729 /mo
$7,000
Includes 0.875 points for $3,500
Lender Fees: $3,500
Embrace Home Loans
NMLS #2184
7.582%
30-Year Fixed
7.490%
$2,795 /mo
$3,608
Includes 0.902 points for $3,608
Lender Fees: $0
Good Day Financial, LLC
NMLS #1984206
License: MB-1984206
7.993%
30-Year Fixed
7.875%
$2,901 /mo
$4,756
Includes 0.666 points for $2,664
Lender Fees: $2,092
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 or insurance premiums. Actual payments will be greater with taxes and insurance included. Rate and product details.

Mortgage Rates September 27, 2023

Lender
Product
Rate
APR
Points
5Y/6M ARM
8.000%
8.348%
0.991
10Y/6M ARM
8.000%
8.295%
0.812
5-Year ARM FHA
6.625%
8.277%
2.000
5-Year Jumbo ARM
6.125%
8.242%
2.000
5-Year ARM
6.500%
8.213%
2.000
7Y/6M ARM
7.750%
8.176%
0.842
5/1 ARM
7.500%
8.051%
0.950
10/1 Jumbo ARM
7.625%
7.975%
0.990
15-Year Fixed VA
6.750%
7.929%
2.000
15-Year Fixed FHA
6.750%
7.929%
2.000
30-Year Fixed FHA
6.990%
7.913%
2.000
30-Year Fixed FHA
6.990%
7.907%
2.000
20-Year Fixed
7.625%
7.906%
0.512
30 Year Fixed
7.625%
7.891%
0.958
7/1 ARM
7.250%
7.815%
0.715
10-Year Fixed
6.990%
7.788%
2.498
5/1 Jumbo ARM
6.875%
7.764%
0.700
30-Year Fixed
7.375%
7.725%
2.125
5/6 Month ARM
6.750%
7.710%
1.000
30-Year Fixed Jumbo
7.250%
7.700%
0.500
5/6 ARM
6.750%
7.700%
0.500
5/6 ARM Jumbo
6.750%
7.640%
0.500
7/6 Month ARM
7.000%
7.627%
1.000
7/6-Month ARM
6.750%
7.591%
1.000
30-Year Fixed FHA
6.750%
7.572%
1.000
10/6 ARM
7.125%
7.560%
0.500
30-Year Fixed
7.250%
7.520%
0.955
7/6 ARM
6.750%
7.520%
0.500
30-Year Fixed
7.350%
7.500%
0.750
10/6 ARM Jumbo
7.125%
7.500%
0.500
20-Year Fixed Jumbo
7.250%
7.462%
0.740
7/6 ARM Jumbo
6.750%
7.460%
0.500
10/1 ARM
6.875%
7.439%
0.740
30-Year Fixed FHA
6.750%
7.436%
2.000
30-Year Fixed VA
6.750%
7.436%
2.000
7/6-Month ARM Jumbo
6.625%
7.430%
1.000
30-Year Fixed VA
6.875%
7.427%
2.000
30-Year Fixed
6.990%
7.415%
3.191
7/1 Jumbo ARM
6.500%
7.406%
0.590
30-Year Fixed
7.250%
7.343%
1.000
30-Year Fixed
7.250%
7.322%
0.000
30-year Fixed
7.250%
7.320%
0.500
30-Year Fixed
6.990%
7.310%
2.125
30-Year Fixed Jumbo
7.125%
7.279%
0.665
10/6 Interest Only Jumbo ARM
6.750%
7.276%
1.000
15-Year Fixed Jumbo
7.125%
7.270%
0.500
20-Year Fixed Jumbo
7.125%
7.260%
0.500
20-Year Fixed
6.875%
7.256%
1.875
15-Year Fixed
7.125%
7.240%
0.500
30-Year Fixed
7.000%
7.224%
1.000
15-Year Fixed
7.000%
7.220%
1.000
15-Year Fixed
6.875%
7.215%
1.000
30-Year Fixed
7.000%
7.204%
1.000
15-Year Fixed Jumbo
6.875%
7.165%
0.925
10-Year Fixed
7.000%
7.160%
0.500
30-Year Fixed
6.990%
7.145%
0.688
15-Year Fixed
6.625%
7.099%
0.955
20-Year Fixed
7.000%
7.092%
0.000
15-Year Fixed
6.875%
7.092%
0.875
15-Year Fixed
7.000%
7.054%
0.000
20-Year Fixed
6.875%
6.970%
0.500
30-Year Fixed
6.625%
6.944%
2.000
15 Year Fixed Jumbo
6.750%
6.943%
1.000
15 Year Fixed
6.500%
6.889%
0.844
30-Year Fixed Jumbo
6.625%
6.869%
2.000
30 Year Jumbo Fixed
6.625%
6.869%
2.000
30-Year Fixed Jumbo
6.625%
6.856%
1.250
30 Year Fixed Jumbo
6.750%
6.856%
1.000
15-Year Fixed Jumbo
6.625%
6.826%
0.250
30-Year Fixed VA
6.500%
6.824%
1.000
10-Year Fixed
6.375%
6.768%
0.882
15-Year Fixed
6.250%
6.765%
2.000
30-Year Fixed Jumbo
6.500%
6.722%
2.000
20-Year Fixed
6.625%
6.713%
0.601
15-Year Fixed
6.375%
6.653%
0.879
30-Year Fixed
6.250%
6.647%
1.000
15-Year Fixed
5.750%
6.605%
4.346
30-Year Fixed Jumbo
6.490%
6.575%
1.000
15-Year Fixed
6.375%
6.574%
0.250
30-Year Fixed FHA
5.625%
6.567%
1.125
15-Year Fixed Jumbo
5.875%
6.514%
2.000
30-Year Fixed
6.625%
6.474%
0.250
30-Year Fixed Jumbo
6.625%
6.474%
0.025
3/5 Jumbo ARM
5.000%
6.063%
0.250
3/5 Conforming ARM
5.000%
6.053%
0.250
5/5 ARM
5.250%
5.989%
0.250
5/5 Jumbo ARM
5.250%
5.989%
0.250

The mortgage rates presented are solely intended for informational use. Please consult the mentioned lenders for up-to-date mortgage rates. The actual mortgage rates and other loan conditions depend on the lender's approval and are not guaranteed.

 
Author: Brian McKay
August 27th, 2010