Mortgage Rates Today Mixed: 30 Year Mortgage Rates Averaging 3.68 Percent

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After making a series of new record lows the past several weeks average mortgage rates are mixed. Average mortgage rates today on 30 year conforming loans are lower averaging 3.68 percent, down from yesterday's average 30 year mortgage rate of 2.69 percent.

Today's mortgage rates on 15 year conforming loans are still under 3.00 percent averaging 2.98 percent. Average 15 year rates are unchanged from yesterday's average 15 year mortgage rate. This coming week average rates might move above 3.00 percent.



Right now on our refinance rates table you can find lenders offering 15 year refinancing rates below the average of 2.98 percent. In fact some lenders are offering 15 year refi rates at 2.625 percent with points.

Average 30 year jumbo mortgage rates today are at 4.25 percent, unchanged from yesterday's average 30 year jumbo mortgage rate. Average jumbo 30 year rate are just off a record low of 4.12 percent set in late July.

If you're looking for a jumbo loan you can find lenders on our jumbo refinance rates list offering rates below 4.00 percent. Depending on the state you live in some lenders are offering 30 year jumbo refi rates as low as 3.75 percent with 2 mortgage points.

Current mortgage rates on 15 year jumbo loans are averaging 3.48 percent, up from yesterday's average 15 year jumbo mortgage rate of 3.47 percent. Right now on our 15 year jumbo refi rates list you can find lenders offering 15 year jumbo refi rates as low as 3.00 percent.

Average 5 year conforming adjustable mortgage rates today are at 2.96 percent, down from yesterday's average 5 year adjustable mortgage rate of 2.98 percent. Currently on our 5 year conforming refinance rates list there are some lenders advertising rates as low as 2.00 percent.

Today's mortgage rates on 5 year jumbo mortgage loans are averaging 2.84 percent, unchanged from yesterday's average 5 year mortgage interest rate. Right now on our 5 year jumbo refinance rates list there are lenders offering rates as low as 2.50 percent.
 
Author: Jason P. Jones
August 19th, 2012