Current Mortgage Rates Today – 30-Year Fixed at 4.83%

alt text

(Best Syndication News) Mortgage rates were mixed today with changes at Citibank, PNC and Chase Banks (see chart below).

30-Year Fixed Mortgage Rates

The average 30-year fixed rate mortgage (FRM) fell one basis point to 4.830 percent today. After plugging the rate into a mortgage calculator, we found payments of $1,711 on a loan amount of $325,000.

Citibank raised their rate two basis points to 5.19 percent. Over the last five days they have lowered their rate eight basis points.

These conventional loans are less than $417,000 and are not backed by the FHA. Both PNC and Chase lowered their conventional loan rates.

PNC lowered their 30-year fixed rate mortgage one basis points to 4.89 percent. Their upper end rate was down one point to 5.09 percent. Over the last five days these loan products are down more than 10 points.

Chase lowered their rate eight points to 4.98 percent. The bank also offers 20-year loans. That mortgage product was down one point to 4.86 percent.

The 20-year loan carries a lower interest rate but requires higher payments.

15-Year FRM and 5/1 ARM Rates

The average 15-year fixed mortgage rate fell less than one point to 4.268 percent.

While PNC and Citibank didn’t change their rate, Chase lowered their 15-year rate two basis points to 4.25 percent.

The average 5-year adjustable rate mortgage increased less than one basis point to 3.224 percent.

Jumbo Mortgage Rates

The average 30-year jumbo loan rate increased two basis points to 5.355 percent. The trend has been lower over the last week and 30-days, but higher over the last 100-days.

The average 15-year jumbo mortgage rate was steady at 4.467 percent.

By: John Waters
Business Reporter

Click here for Mortgage Rates Today

Best Syndication News Mortgage Survey
Thursday 1 Day 5 Day 30 Day 100-Day 1 Week
04/21/11 Overall Average APR* Point Ch. Point Ch. Point Ch. Point Ch. Average
4.830% Average 30 yr fixed -1 -9 -23 15 4.88%
4.268% Average 15 year FRM 0 -13 -15 11 4.33%
3.224% Average 5/1 ARM 0 -9 -14 -1 3.27%
5.355% 30 Yr Fixed Jumbo 2 -4 -14 26 5.36%
4.467% 15 Yr Fixed Jumbo 0 -9 -19 19 4.53%
4/21/11 Citi Financial 1 Day 5 Day 30 Day 100-Day 1 Week
5.19% 30 Year Fixed 2 -8 0 47 5.21%
4.70% 15 Year Fixed 0 -12 8 42 4.75%
3.40% 5/1 Libor ARM 2 -3 -2 7 3.40%
4/21/11 PNC - National City Bank 1 Day 5 Day 30 Day 100-Day 1 Week
3.91% 10 Year Fixed -3 -16 -53 -60 4.02%
4.14% 15 Year Fixed 0 -25 -45 -36 4.27%
4.77% 20 Year Fixed -1 -16 -56 -45 4.87%
4.89% 30 Year Fixed -1 -9 -38 -12 4.93%
Certain Areas
3.95% 10 Year Fixed -10 -17 -63 -83 4.10%
4.29% 15 Year Fixed 0 -14 -43 -81 4.36%
4.82% 20 Year Fixed -1 -38 -64 -88 5.03%
5.09% 30 Year Fixed -1 -13 -25 -27 5.14%
04/21/11 Chase 1 Day Pt 5 Day Pt 30 Day Pt 100-Day 1-wk Avg
4.98% 30-Year Fixed Rate -8 -10 -22 30 5.08%
4.86% 20-Year Fixed Rate -1 -4 -16 27 4.90%
4.25% 15-Year Fixed Rate -2 -6 -14 14 4.28%
3.46% 7/1 ARM 0 -1 -18 -7 3.48%
3.20% 5/1 ARM -1 -3 -12 -12 3.22%
* Average includes more banks than listed
Share/Save/Bookmark

      

Post to Facebook

Important: The material on Best Syndication is for informational purposes only and is not meant to be advice. Authors may have or will receive monetary compensation from the company's product/s mentioned. You should always seek professional advice before making any legal, financial or medical decisions and this website cannot substitute or replace any trained professional consultation.
Use of this site means that you agree to our TERMS OF SERVICE

Advertise On This Site
Copyright © 2006-2015 By Best Syndication All Rights Reserved