Mortgage rates moved up at the start of the week as long term interest rates have broken a prolonged down trend and header higher, however mortgage rates starting heading lower once again as the this week is drawing to a close.

Lower home mortgage interest rates are running counter to the tide of long term Treasury rates even as the week comes to a close. The ten year Treasury rate closed last Friday at 2.72%, dropped on Monday down to 2.61% and closed yesterday up at 2.77%.

In spite of the higher Treasury rates, the average 30 year and 15 year fixed rate mortgage based on the survey of the top bank mortgage lenders performed by Selectcdrates.com drifted lower. The average 30 year mortgage rates ended Thursday at 4.594% with .338 points while the average 15 year mortgage rate closed at 4.038% with .388 points.

Whether you are shopping for a new home loan or trying to find the best refinance mortgage rate, a good starting point is the Selectcdrates.com survey of home mortgage interest rates.

A sample of the home mortgage interest rates from the top bank mortgage lenders for the 30 year home loan for Sept 9th displayed the following mortgage rates, points, and APRs:

Bank of America mortgage rates for the 30 year mortgage were at 4.625% and 1.125 points with a 4.765% APR.

TD mortgage rates for a 30 year home loan for September 9 was 4.625% and zero points with a 4.667% APR.

SunTrust mortgage rates were at 4.50% with 1.125 points and a 4.627% APR on the 30 year mortgage loan.

Wells Mortgage rates closed at 4.375% and a 1.0 point for a 4.530% APR on a 30 year fixed rate home loan.

Chase Mortgage rates on the 30 year mortgage was 4.75% and .125 points for a 4.816% APR.

Compare all of these costs and options for each mortgage lender before choosing the mortgage loan that fits your needs.

The home mortgage interest rates and costs listed are current as of this publication date but are subject to change by the bank mortgage lender listed and are not guaranteed. All mortgage loans and mortgage interest rates listed require bank approval and bank underwriting.

Mortgage rates for specific loan requests are dependent on a number of factors including credit, loan amount, geographic location and down payment. The mortgage rates, points and APRs listed are based on mortgage loan amount of approximately $250,000.00 with a 20% down payment for a single family owner occupied property for borrowers with good to excellent credit.

To find more information on Wells mortagge rates, SunTrust mortagge rates, Bank America mortagge rates, Chase mortgage rates or TD mortgage rate refer to the Wells mortgage rates section SunTrust mortgage rates page Bank America mortgage rates page Chase mortgage rates page or the TD mortgage rates page of Selectcdrates.com.

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