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Industry News

Most websites practically require you to sign up for a loan to view their rates. Today’s mortgage rates on 30 year conventional mortgage loans are averaging 3.46 percent, an increase from last week’s average 30 year mortgage rate of 3.43 percent. Millions of homeowners who have a mortgage have refinanced more than once to take advantage of falling rates. Currently, on our 30 year jumbo refinance rates table for the state of New Jersey we Investors Home Mortgage offering 30 year jumbo refi rates at 3.625 percent with zero points, see todays mortgage rates Citi Mortgage is offering 30 year jumbo rates at 4.125 percent with zero points and Mortgage Capital Associates is offering 30 year jumbo rates at 4.25 percent with zero points.

If you’re thinking about refinancing your 30 year mortgage you should think about refinancing to a 15 year loan. Current mortgage rates on 15 year conforming loans are now below 5 year adjustable conforming loans.

Conventional 5 year adjustable mortgage rates had the largest increase in this week’s survey. You can already find some lenders offering 30 year conforming mortgage refinance rates below 3.25 percent.

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