Monday, December 20, 2010

Mortgage Rates and Refinance Rates December 18, 2010

Mortgage rates and refinance rates are higher again today, continuing the up trend of the past two weeks. 30 year conforming mortgage ratesand conforming refinance rates are averaging 4.88 percent, up from the prior day’s average 30 year conforming home mortgage rate and refinance rate of 4.84 percent. 30 year home mortgage rates and home refinance mortgage rates in Georgia are lower averaging 4.83 percent.
Today’s 15 year home refinance rates and mortgage rates are averaging 4.24 percent, up from yesterday’s average 15 year home mortgage loan rate and mortgage refinance rate of 4.11 percent. 15 year home mortgage rates and refinance rates in Michigan are higher averaging 4.34 percent.

December 18, 2010 Mortgage Rates and Refinance Rates

30 year jumbo refinance mortgage rates today and mortgage rates today are averaging 5.42 percent, down from yesterday’s average 30 year jumbo home loan rate and refinance loan rate of 5.46 percent. 30 year jumbo home mortgage rates and home refinance rates in New York are higher averaging 5.55 percent.
15 year jumbo refinance mortgage rates and current mortgage rates are averaging 4.57 percent, down from yesterday’s average 15 year jumbo loan rate and 15 year jumbo refinance rate of 4.59 percent. 15 year jumbo home mortgage rates and mortgage refinance rates in California are higher averaging 4.86 percent.
Following is a more in-depth mortgage report released by MonitorBankRates.com earlier this week:

Mortgage Rates & Mortgage Refinance Rates

Conforming 30 year mortgage rates and refinance rates are averaging 4.66  percent, up from last week’s average 30 year mortgage rate and refinance rate of 4.49 percent. 
Current conforming 15 year home refinance rates and home mortgage rates are averaging 4.05 percent, an increase from the previous week’s average 15 year mortgage loan rate and refinance loan rate of 3.86 percent. This is the first time in several months 15 year conforming mortgage rates are above 4.00 percent.
30 year jumbo home mortgage rates today and home refinance rates today are averaging 5.32 percent, up from last week’s average jumbo mortgage rate and jumbo refinance rate of 5.02 percent.
Current 15 year jumbo home mortgage rates and refinance rates  are averaging at 4.60 percent, up from the prior week’s average jumbo mortgage loan rate of 4.23 percent.
Use our free mortgage calculator and free mortgage refinance calculator to calculate your monthly mortgage payments.

1 comment:

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