Refinance Rates 10-8: Near Record Low 30 Year Refinance Rates at 4.06%

Refinance rates on 30 year loans which are just above all-time record lows are up slightly today 10-8-2011. 30 year refinance rates which made an record low of 3.94% are averaging 4.06% today. 30 year refinance rates are up slightly from yesterday's average rate of 4.05%. Today’s refinance rates on 15 year refinancing loans averaging 3.37%, unchanged from yesterday's average 15 year refinance rate.

Searching and compare mortgage refinancing rates from several lenders by using our refinance rate tables here: Current Refinance Rates. Unlike most websites, no personal information is needed to view a list of mortgage rates.

30 year jumbo refinance rates are averaging 4.59%, an increase from yesterday’s average 30 year jumbo refinance rate of 4.57%. 15 year jumbo refinance mortgage rates are averaging 3.81%, down from yesterday’s average 15 year jumbo refi rate of 3.85%.

Refinance Rates

Conforming Adjustable Refinance Rates Currently

1 year adjustable refinance rates today are averaging 3.65%, up from last week’s average 1 year adjustable jumbo refinance rate of 3.63%.

3 year adjustable refinance rates are averaging 2.97%, down from last week’s average 3 year adjustable refinance rate of 3.18%.

5 year adjustable refinancing rates are averaging 2.99%, down from the prior week’s average 5 year adjustable refi rate of 3.25%.

Current 7 year adjustable mortgage refi rates are averaging 3.30%, up from the previous week’s average 7 year adjustable mortgage rate of 3.24%.

10 year adjustable refi mortgage rates currently are averaging 3.59%, an increase from last week’s average 10 year adjustable rate of 3.55%.

Adjustable Jumbo Refinance Mortgage Rates Currently

Current 1 year jumbo adjustable mortgage loan refinance rates are at 4.05%, unchanged from last week’s average adjustable jumbo mortgage rate refinance.

3 year adjustable jumbo refinance rates today are averaging lower at 3.55%, up from last week’s average 3 year jumbo adjustable refinance rate of 3.39%.

5 year adjustable jumbo refinance mortgage rates currently are averaging 3.21%, up from last week’s average jumbo adjustable refinance loans rate of 3.10%.

7 year jumbo adjustable refinance home loan rates today are averaging 3.54%, up from last week’s average 7 year adjustable refinance home mortgage rate of 3.42%.

10 year jumbo home loan refinance rates are averaging 3.89%, down from the prior week’s average 10 year jumbo mortgage refinance rates of 3.94%.

Currrent Conventional Interest Only Adjustable Refinance Mortgage Rates

3 year interest only adjustable mortgage refinance rates and are averaging 3.21%, up from last week’s average interest only mortgage refinance rate of 3.43%.

5 year IO adjustable loan refinance mortgage rates are averaging 3.23%, up from last week’s average five year interest only home refinance rate of 3.18%.

7 year interest only adjustable loan refinance rates are averaging 3.49%, up from last week’s average 7 year interest-only refinance rates of 3.36%.

Jumbo Interest Only Mortgage Refinance Rates

Today’s 3 year jumbo refinancing rates are averaging 3.76%, up from last week’s average jumbo adjustable interest only refinance rate of 3.54%.

Current 5 year adjustable jumbo interest only mortgage refinance rates are averaging 3.46%, down from last week’s average IO home refinance mortgage rate of 3.47%.

Today’s 7 year jumbo interest only adjustable refinance rates are averaging 3.73%, up from last week’s average jumbo 7 year home refinance loan rate of 3.67%.

 
Author: Brian McKay
October 8th, 2011