On Monday, long term mortgage interest rates, as well as 10 year Treasury bond yield rose.
30-year fixed rate loan average gained to 6.10, with 15-year fixed also rising to 5.77 percent. The one year adjustable rate however experienced a downturn to 5.93 percent.
30-year Treasury bond yields also rose to 4.43 percent.
-Figures sourced from Bankrate.com, which acquires its figured by surveying 4000 banks in 50 states. Points on these mortgages ranged from none to 3.5
Loan Type | Today's Rate (+/-) | Last Week's Rate |
---|---|---|
5/1 ARM | 5.93% | 6.02% |
5/1 jumbo ARM | 6.44% | 6.53% |
15 yr fixed mtg | 5.77% | 5.61% |
15 yr fixed jumbo mtg | 6.72% | 6.66% |
30 yr fixed mtg | 6.10% | 5.95% |
30 yr fixed jumbo mtg | 6.93% | 6.97% |
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