Current Mortgage Interest Rates October 7, 2010

According to Jeff Jensen of Connecticut Home Mortgage, current mortgage lending rates for 10/7/10 are as follows:

30 year fixed rate - 4-4.275%
Jumbo 30 year fixed rate - 5%
5/1 ARM- 3.50%
5/1 Interest Only - 4.125%
Jumbo 15 year fixed rate - 4.125%