Mortgage Rates: Weekly Average Mortgage Rates April 11, 2011

30 year conforming mortgage rates and refinance rates are averaging 4.95 percent, up from the previous week’s average 30 year rate of 4.85 percent. This is the third consecutive week 30 year rates are higher in the Weekly Average Mortgage Rates Report released by MonitorBankRates.com.

Find current mortgage rates and refinance rates at MortgageRates.MonitorBankRates.com.

Current 30 year rates in South Carolina are slightly lower, averaging 4.94 percent.

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 ICB'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 #1835285

4.938%

15-Year Fixed

4.750%

$5,000

Includes 0.750 points for $3,000

Lender Fees: $2,000

$3,112 /mo

Next >

NMLS #2578474

5.305%

15-Year Fixed

5.125%

$4,750

Includes 0.925 points for $3,700

Lender Fees: $1,050

$3,190 /mo

Next >

NMLS #2326098

License: 60DBO-181478

5.338%

15-Year Fixed

5.125%

$5,793

Includes 0.960 points for $3,840

Lender Fees: $1,953

$3,190 /mo

Next >

NMLS #1689962

License: 02053435

5.376%

15-Year Fixed

5.250%

$3,308

Includes 0.827 points for $3,308

Lender Fees: $0

$3,216 /mo

Next >

NMLS #401822

5.409%

15-Year Fixed

5.125%

$7,500

Includes 0.875 points for $3,500

Lender Fees: $4,000

$3,190 /mo

Next >

NMLS #1025894

5.532%

15-Year Fixed

5.375%

$4,104

Includes 0.851 points for $3,404

Lender Fees: $700

$3,242 /mo

Next >

NMLS #1835285

5.842%

30-Year Fixed

5.750%

$4,000

Includes 0.500 points for $2,000

Lender Fees: $2,000

$2,335 /mo

Next >

NMLS #1835285

5.886%

5-Year ARM

5.750%

$5,960

Includes 0.990 points for $3,960

Lender Fees: $2,000

$2,335 /mo

Next >

NMLS #2578474

6.099%

30-Year Fixed

6.000%

$4,250

Includes 0.800 points for $3,200

Lender Fees: $1,050

$2,399 /mo

Next >

NMLS #1689962

License: 02053435

6.213%

30-Year Fixed

6.125%

$3,756

Includes 0.939 points for $3,756

Lender Fees: $0

$2,431 /mo

Next >

NMLS #2326098

License: 60DBO-181478

6.234%

30-Year Fixed

6.125%

$4,833

Includes 0.720 points for $2,880

Lender Fees: $1,953

$2,431 /mo

Next >

NMLS #401822

6.265%

30-Year Fixed

6.125%

$5,995

Includes 1.000 points for $4,000

Lender Fees: $1,995

$2,431 /mo

Next >

NMLS #3030

6.281%

15-Year Fixed

6.125%

$4,000

Includes 1.000 points for $4,000

Lender Fees: $0

$3,403 /mo

Next >

6.326%

30-Year Fixed

6.250%

$3,228

Includes 0.625 points for $2,500

Lender Fees: $728

$2,463 /mo

Next >

NMLS #1025894

6.456%

30-Year Fixed

6.375%

$3,400

Includes 0.675 points for $2,700

Lender Fees: $700

$2,496 /mo

Next >

NMLS #2326098

License: 60DBO-181478

6.882%

5-Year ARM

6.750%

$5,621

Includes 0.917 points for $3,668

Lender Fees: $1,953

$2,595 /mo

Next >

NMLS #3030

6.973%

30-Year Fixed

6.875%

$4,000

Includes 1.000 points for $4,000

Lender Fees: $0

$2,628 /mo

Next >

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.

Today's 15 year conforming mortgages rates and refinance rates are averaging 4.20 percent, up from last week’s average 15 year interest rate of 4.11 percent. 15 year interest rates in Nevada are higher than the national average 15 year loan rate. 15 year loan interest rates in Nevada are averaging 4.25 percent.

30 year jumbo rates and jumbo refinance rates are averaging 5.53 percent, up from last week’s average jumbo loan rate of 5.32 percent. 30 year jumbo interest rates in Hawaii are slightly lower than the national average rate. 30 year jumbo rates in Hawaii are averaging 5.43 percent.

15 year jumbo interest rates today and jumbo refinance rates are averaging 4.71 percent, unchanged from the prior week’s average jumbo rate. 15 year rates on jumbo loans in Texas are higher than the national average. Current 15 year  jumbo home loan rates in Texas are averaging 4.85 percent.

Conforming Adjustable Mortgage Rates

The current average rate on 1 year adjustable loans is averaging 2.94 percent, up from last week’s average 1 year adjustable rate of 2.92 percent.

3 year adjustable mortgage refinance rates and adjustable mortgage rates are averaging 3.20 percent, down from last week’s average 3 year rate of 3.59 percent.

Current rates on 5 year ARMs are averaging 3.46 percent, down from the prior week’s average rate of 3.48 percent.

Refinance mortgage rates and mortgage rates on 7 year adjustable home loans are averaging 3.85 percent, up from the previous week’s average of 3.84 percent.

10 year adjustable loan rates are averaging 4.35 percent this week, up from last week’s average 10 year adjustable rate of 4.28 percent. Average refinance rates on 10 year home loans are also averaging 4.35 percent.

Adjustable Jumbo Interest Rates

Today’s 1 year jumbo adjustable loan rates are averaging 3.25 percent, unchanged from the prior week’s average 1 year jumbo adjustable rate. Jumbo refinancing rates are also averaging 3.25 percent.

3 year adjustable jumbo rates are averaging 3.91 percent, up from last week’s average 3 year jumbo rate of 3.89 percent. Current refinance rates on 3 year jumbo loans are also higher, averaging 3.91 percent.

5 year adjustable jumbo interest rates today are averaging 3.92 percent, up from last week’s average jumbo adjustable rate of 3.73 percent. Today’s refinancing interest rates are also averaging 3.92 percent.

7 year jumbo adjustable loan rates are averaging 4.55 percent, down from last week’s average 7 year adjustable rate of 4.57 percent. 7 year jumbo refinance rates are also lower at 4.55 percent.

10 year jumbo loan rates are averaging 5.03 percent, unchanged from the prior week’s average 10 year jumbo rate. 10 year jumbo refinance interest rates are also higher, averaging 5.03 percent.

Conforming Interest Only Adjustable Mortgage Rates

3 year interest only adjustable rates are averaging 3.54 percent, down from last week’s average loan rate of 3.71 percent. 3 year interest only adjustable refi rates are also averaging 3.54 percent.

5 year interest only ARMs are averaging 3.66 percent, down from last week’s average 5 year rate of 3.68 percent. 5 year IO adjustable refinance mortgage loan rates are also averaging 3.66 percent.

7 year interest-only adjustable mortgage loan rates are averaging 4.15 percent, up from last week’s average 7 year interest only mortgage rate of 4.05 percent. 7 year adjustable refi rates are averaging 4.15 percent.

Interest Only Jumbo Adjustable Refinance Rates

3 year jumbo interest only loan rates are averaging 4.46 percent, down from last week’s average jumbo adjustable interest only rate of 4.49 percent. 3 year interest only adjustable jumbo refi rates are also averaging 4.46 percent.

5 year adjustable jumbo interest only rates are averaging 4.33 percent, up from last week’s average IO home mortgage interest rate of 4.30 percent. 5 year jumbo adjustable IO loan rates are also averaging 4.33 percent.

7 year jumbo interest only adjustable rates are averaging 4.88 percent, up from last week’s average jumbo rate of 4.84 percent. 7 year jumbo adjustable IO refi rates are also averaging 4.88 percent.

Home Equity Loan Rates Today

10 year home equity loan rates are averaging 6.65 percent, no change from last week’s average home equity loan rate.

15 year home equity rates are averaging 7.05 percent, up from the prior week’s average home equity loan rate of 7.04  percent.

Home Equity Line of Credit Rates

Home equity line of credit rates are averaging 5.13 percent, no change from last week’s average HELOC rate.