Just when you thought it was the best time to go ahead and pull the trigger to refinance your loan mortgage rates today make new lows. I just refinanced my mortgage loan back in March of this year and got a 15 year mortgage rate of 3.50 percent, now there are lenders offering current mortgage rates on 15 year loans as low as 2.25 percent with points, which is much lower than Freddie Mac’s average 15 year conforming mortgage rate in the most recent Primary Mortgage Market Survey (MMS).

In Freddie Mac’s mortgage rate survey for the week that ended on October 11, 2012, average 30 year mortgage rates were at 3.39 percent with  0.7 mortgage points, which is actually higher than the prior week’s average 30 year mortgage interest rate of 3.36 percent. In the prior week’s survey average 30 year mortgage interest rates hit a record low. There has been so many record lows sent on both conforming mortgage rates and jumbo mortgage rates it is hard to keep track.

Today’s mortgage rates on 30 year conventional home loans are lower and make a new record low. Current mortgage rates today on 30 year conventional home loans are averaging 3.35 percent. There are also lenders already offering 30 year mortgage rates today below the averages. On our mortgage refinance rates list for the state of California we have many lenders offering 30 year refinance rates on conforming loans at 3.125 percent with points without points you can find 30 year refinancing rates as low as 3.375 percent.

Average 15 year mortgage rates for the week ending October 11, 2012, were also slightly higher averaging 2.70 percent with 0.6 mortgage discount points. The average 15 year conforming mortgage rate was also higher from last week’s average of 2.69 percent. Mortgage rates current on 15 year conforming loans also just make another record low today averaging 2.64 percent. We will probably see 15 year mortgage rates falling as low as 2.25 percent on average before the year is over.

Speaking of mortgage rates as low as 2.25 percent on 15 year conforming loans you can already find lenders offering rates so low. First Internet Bank is offering 15 year refinance rates as low as 2.25 percent with just over 1 mortgage point. We also have lenders listed right here offering 15 year mortgage rates in the 2.25 percent range with a point or two. We also have lenders offering 15 year refi mortgage rates today without points at 2.625 percent.

Adjustable mortgage rates current were also higher for the week that ended on October 11, 2012. Average 5 year adjustable mortgage rates today are at 2.73 percent with 0.6 points, up from the prior week’s average 5 year adjustable mortgage interest rate of 2.72 percent. Current mortgage rates on 5 year conforming adjustable loans can be found well below the average rate. Currently in the state of Texas we have lenders offering 5 year adjustable refinance rates today as low as 1.875 percent with points.