Current Mortgage Rates Today – PNC HSBC and U.S. Bank Increase Rates

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(Best Syndication News) Mortgage rates were higher today with major changes at HSBC and other banks (see rate charts below).

30-Year Fixed Mortgage Rates

The average 30-year fixed rate mortgage (FRM) jumped four basis points to 4.456 percent. This is the third straight day of increases and four of the last five days the rate has been higher.

HSBC raised their 30-year refinance and purchase loan rates 13-basis points to 5.28 percent. The bank separates the rates but they are typically the same. They also raised their 30-year FHA and VA loan rates 13-basis points to 5.19 percent.

U.S. Bank raised their 30-year FRM five points to 4.91 percent. Their 20-year mortgage rates jumped 11 basis points to 4.78 percent. Like HSBC, the bank also offers FHA and VA financing. The 30-year FHA loan rate increased nine points to 5.36 percent. Their 30-year VA loans increased 13 basis points to 5.23 percent.

PNC offers a range of rates. Their 30-year FRM jumped seven points to 4.97 percent. The top-end of their rates was 12 points higher to 5.21 percent. Their 20-year loans started at 4.92 percent.

15-year FRM and 5/1 ARM Rates

The average 15-year FRM fell four basis points to 4.356 percent. Similar to 30-year rates, the trend has been lower.

HSBC raised their rates 13 basis points to 4.62 percent.

PNC raised their 15-year rates 13 basis points to 4.39 percent.

The average 5-year adjustable rate mortgage (ARM) jumped two points to 3.341 percent.

HSBC increased their 5-year rates (but 30-year term) four basis points to 3.39 percent. Their 3/1 ARM rates were unchanged.

Jumbo Loans

The average 30-year jumbo mortgage rates increased six basis points to 5.463 percent. The average 15-year jumbo increased five points to 4.649 percent.

By: John Waters
Business Reporter

Click here for Mortgage Rates Today

Best Syndication News Mortgage Survey
Monday 1 Day 5 Day 30 Day 100-Day 1 Week
03/28/11 Overall Average APR* Point Ch. Point Ch. Point Ch. Point Ch. Average
5.028% Average 30 yr fixed 4 7 -24 51 4.95%
4.356% Average 15 year FRM 4 12 -27 37 4.24%
3.341% Average 5/1 ARM 2 6 -9 14 3.29%
5.463% 30 Yr Fixed Jumbo 6 4 -22 48 5.40%
4.649% 15 Yr Fixed Jumbo 5 12 -16 48 4.59%
Monday 1 Day 5 Day 30 Day 100-Day 1 Week
03/28/11 HSBC Point Ch. Point Ch. Point Ch. Point Ch. Average
4.62% 15 Year Purchase 13 13 -13 51 4.49%
4.62% 15 Year Refinance 13 13 -13 51 4.49%
5.28% 30 Year Purchase 13 0 -13 52 5.20%
5.28% 30 Year Refinance 13 0 -13 52 5.20%
5.19% 30 Year FHA/VA Purchase 13 13 -13 39 5.06%
5.19% 30 Year FHA/VA Refinance 13 13 -13 39 5.06%
4.90% 30 Year CommunityWorks 13 0 -13 51 4.82%
3.23% 3/1 YR LIBOR ARM 0 0 -3 -1 3.23%
3.39% 5/1 YR LIBOR ARM 4 4 -5 3 3.35%
3/28/11 U.S. Bank 1 Day 5 Day 30 Day 100-Day 1 Week
4.91% 30-Year Fixed 5 9 -8 59 4.80%
4.78% 20-Year Fixed 11 16 -18 48 4.61%
4.25% 15-Year Fixed 6 13 -29 61 4.13%
4.18% 10-Year Fixed 5 13 -15 49 4.05%
5.36% FHA 30-Year 9 13 -13 52 5.22%
4.85% FHA 15-Year 26 26 -13 29 4.59%
5.23% VA 30-Year 13 13 -26 51 5.10%
4.85% VA 15-Year 0 0 -26 25 4.85%
3.47% 3-Year ARM 3 6 -9 6 3.43%
3.55% 5-Year ARM 4 4 -9 13 3.50%
4.99% Jumbo 30-Year 0 13 -36 51 4.89%
4.66% Jumbo 15-Year 13 25 -22 76 4.46%
3/28/11 PNC - National City Bank 1 Day 5 Day 30 Day 100-Day 1 Week
4.05% 10 Year Fixed 5 14 -102 -5 3.93%
4.39% 15 Year Fixed 13 25 -70 25 4.18%
4.92% 20 Year Fixed 4 6 -90 8 4.85%
4.97% 30 Year Fixed 7 8 -57 20 4.88%
Certain Areas
4.13% 10 Year Fixed 0 7 -113 -18 4.03%
4.34% 15 Year Fixed 4 6 -93 -47 4.27%
5.20% 20 Year Fixed 13 22 -91 -14 4.99%
5.21% 30 Year Fixed 12 13 -63 -1 5.06%
* Average includes more banks than listed
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