(Effective Wednesday 2/15/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.08% with 0.51 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.33% with 0.40 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 2/8/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.05% with 0.44 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.33% with 0.37 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 2/1/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.09% with 0.41 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.36% with 0.41 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 1/25/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.11% with 0.47 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.40% with 0.40 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 1/18/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.06% with 0.48 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.33% with 0.39 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 1/11/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.11% with 0.41 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.40% with 0.37 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 1/4/12)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.07% with 0.53 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.37% with 0.50 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 12/21/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.08% with 0.49 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.39% with 0.40 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 12/14/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.12% with 0.45 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.44% with 0.52 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 12/07/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.18% with 0.48 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.53% with 0.45 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 11/30/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.21% with 0.49 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.58% with 0.45 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 11/23/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.23% with 0.46 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.58% with 0.53 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 11/16/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.23% with 0.52 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.54% with 0.47 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 11/09/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.22% with 0.41 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.54% with 0.45 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 11/02/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.31% with 0.49 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.63% with 0.45 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 10/26/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.33% with 0.47 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.62% with 0.45 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 10/19/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.33% with 0.48 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.61% with 0.43 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 10/12/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.25% with 0.47 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.53% with 0.45 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 10/5/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.18% with 0.44 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.49% with 0.45 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 09/28/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.25% with 0.35 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.47% with 0.45 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 09/21/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.29% with 0.41 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.46% with 0.45 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 09/14/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.17% with 0.97 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.40% with 1.17 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 09/07/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.23% with 1.04 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.41% with .94 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 08/31/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.32% with 1.3 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.49% with 1.0 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 08/24/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.39% with .88 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.56% with 1.0 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 08/03/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.45% with .78 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.52% with 1.02 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 07/27/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.57% with 1.14 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.67% with 1.08 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 07/21/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.54% with .98 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.66% with .97 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 07/13/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.55% with .99 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.68% with 1.10 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 07/06/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.69% with .90 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.79% with .88 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 06/29/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.46% with 1.19 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.64% with 1.11 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 06/22/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.57% with .91 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.70% with 1.05 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 06/15/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.51% with 1.05 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.67% with 1.06 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 06/08/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.54% with .95 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.67% with 1.06 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 06/01/11)
* Purchase index up 7.6% over this time last year!
- The average contract interest rate for 30-year fixed-rate mortgages = 4.58% with 1.01 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.78% with 1.07 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 05/25/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.69% with .69 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 3.78% with 1.04 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 05/18/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.60% with .94 points (including the origination fee). *5th consecutive weekly decrease!
- The average contract interest rate for 15-year fixed-rate mortgages = 3.75% with 1.22 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 05/11/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.67% with 1.10 points (including the origination fee). *4th consecutive weekly decrease!
- The average contract interest rate for 15-year fixed-rate mortgages = 3.81% with 1.05 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 05/04/11)
Weekly Survey Shows Increase in Mortgage Applications, Driven by Refinances
- The average contract interest rate for 30-year fixed-rate mortgages = 4.76% with .76 points (including the origination fee). *Third consecutive weekly decrease!
- The average contract interest rate for 15-year fixed-rate mortgages = 3.96% with .82 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 04/27/11)
Purchase Application index the lowest since 1/8/10.
- The average contract interest rate for 30-year fixed-rate mortgages = 4.80% with 1.01 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 4.03% with .96 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 04/20/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.83% with 1.07 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 4.07% with 1.02 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 04/13/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.98% with .93 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 4.17% with .99 points (including the origination fee).
Courtesy of Mortgage Bankers Association
(Effective Wednesday 04/06/11)
- The average contract interest rate for 30-year fixed-rate mortgages = 4.93% with .70 points (including the origination fee).
- The average contract interest rate for 15-year fixed-rate mortgages = 4.14% with 1.22 points (including the origination fee).
Courtesy of Mortgage Bankers Association
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