3 year interest only adjustable mortgage loan rates are averaging 3.62 percent, up from last week’s average interest only mortgage loan rate of 3.53 percent. 3 year interest only adjustable refinance mortgage rates are also averaging 3.62 percent.
5 year interest only adjustable loan rates are averaging 3.63 percent, up from last week’s average five year interest only mortgage loan rate of 3.28 percent. Current 5 year interest only adjustable refinance mortgage loan rates are also averaging 3.63 percent.
5 year adjustable jumbo interest only rates are averaging 4.28 percent, unchanged from last week’s average IO home mortgage interest rate. 5 year jumbo adjustable IO loan rates are also unchanged, averaging at 4.28 percent.
10 year home equity loan rates are averaging 6.67 percent, unchanged from last week’s average home equity loan rate.
Current 15 year jumbo rates are averaging 4.88 percent, up from the prior week’s average jumbo mortgage loan rate of 4.73 percent. 15 year jumbo rates in Pennsylvania are lower than the national average. Current 15 year jumbo rates in PA are averaging 4.74 percent.
3 year adjustable mortgage refinance rates and adjustable mortgage rates are averaging 3.47 percent, up from last week’s average 3 year adjustable mortgage rate of 3.32 percent.
Current refinance rates and mortgage rates on 5 year adjustable mortgages are averaging 3.43 percent, up from the prior week’s average rate of 3.36 percent.
Not too many individual take a jumbo loan Colorado because of the capping on the amount of the mortgage. For most individuals conforming mortgage loans in Colorado are enough because most of the home loan amounts fall within the limit of this loan. A jumbo loan in the state of Colorado and mostly everywhere in the USA is essentially a home loan where the mortgage rate exceeds $417,000. And the jumbo mortgage rates Colorado are more than conforming mortgage rates because of the higher risk associated with these loans.
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