With the 1 year LIBOR Rate at 2.77%, there is not a big hurry to refinance "reasonable" ARMS now.
Mortgage Loans
NATIONAL OVERNIGHT AVERAGES Today Last Wk
30 yr fixed mortgage 5.94% 5.76%
15 yr fixed mortgage 5.43% 5.20%
5/1 ARM mortgage 5.17% 5.02%
30 yr fixed jumbo mortgage 6.90% 6.78%
5/1 jumbo ARM mortgage 5.82% 5.67%
.
Home Equity Loans
NATIONAL OVERNIGHT AVERAGES Today Last Wk
$30K HELOC 5.77% 5.78%
$50K HELOC 5.18% 5.18%
$30K Home Equity Loan 7.60% 7.60%
$50K Home Equity Loan 7.34% 7.34%
$75K Home Equity Loan 7.34% 7.34%
.
See it all better formatted at Best Mortgage Rates