Today’s mortgage interest rates are hovering just above 5.00 percent. Mortgage interest rates are expected to head higher in the first quarter of 2010. Right now, 30 year mortgage interest rates are averaging 5.01 percent.

15 year mortgage rates have been under 4.50 percent for several weeks now, current 15 year mortgage rates are averaging 4.38 percent.  Jumbo mortgage interest rates are about 75 basis points higher

Full story is available on Monitor Bank Rates