Today's Mortgage Rates: Current 30 Year Fixed Mortgage Interest Rate at 4.75 Percent for Conforming and FHA mortgages - FreeRateUpdate.com

Share Article

FreeRateUpdate.com research of wholesale mortgage lender's current mortgage rates (rate sheets) shows current mortgage rates are just above all time record lows. Today's mortgage rates are as low as 4.75% for a 30 year fixed conforming mortgage at par. Today's 15 year fixed conforming rate is 4.25% at par. Today's 5/1 conforming ARM rate is 3.75% at par. Par rates are lowest available rates with average points and fees. Today's 30 year fixed FHA mortgage is 4.75%, also at par.

Today's FHA mortgage rates are just above record lows and mirror the interest rates of conforming mortgages.

Current mortgage rates are up a tad since rising about an 1/8% yesterday. Prices of Residential Mortgage Backed Securities, which drive mortgage rates in the opposite direction, were down slightly yesterday. Last Monday we verified 4.5% 30 year fixed mortgage rates with multiple wholesale lenders. Today's mortgage rates are stable under 5% and about a 1/4% above the all time record lows set last Monday. The benchmark 10 year treasury yield, a leading indicator for current mortgage rates, was up .0310 (0.91% overall) and at 3.42 at close yesterday.

FreeRateUpdate.com research of wholesale lender's rate sheets shows today's mortgage rates are up a bit from earlier in the week. Today's conforming 30 year fixed rate is 4.75%, up from 4.625%. Last Monday the conforming 30 year fixed mortgage rate touched 4.5% and was very near 4.375% but then shot up almost 1/2% over several days. Today's 15 year fixed rate is 4.25%, where it's been most of the past 2 months. 15 year fixed mortgage rates have been as low as 4.125% in the past week. Today's 5/1 ARM rate is 3.75%, up from 3.5% a week ago.

Today's FHA mortgage rates are just above record lows and mirror the interest rates of conforming mortgages. Today's FHA 30 year fixed rate is 4.75%, up from last week's record low of 4.5%.

Today's jumbo mortgage rates are also up from earlier in the week. Today's 30 year fixed jumbo mortgage rate is 5.875%, up from 5.75%. 30 year fixed jumbo mortgage rates were as low as 5.625% last week.

Want to provide today's mortgage rates on your website or blog? Get our free mortgage rate widget.

Other notes: We recently reviewed the top mortgage net branches and found Supreme Lending to be in a class of their own. Check out this excellent mortgage net branch opportunity.

###

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Edward James Ferrara III
Visit website