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Conforming being loans up to $417,000 ... a "no points" loan is running around 4.50-4.6250% (rates subject to change without notice given the volatility of the marketplace) and 4.750-4.875% for "no points and closing costs paid by lender."  If your rate is 5.00% or above, you can save a tidy sum each month for NO COST. 

$729,000 and below, also known a "High Balance Conforming" 4.875% is "no points" and 5.0-5.125% can be done without points and closing costs depending on your credit score and "loan-to-value."

These are 30 year fixed rates under discussion here.

Jumbo loan financing seems to be coming back ... the 1-3-5 year fixed make a lot of sense if you plan to payoff or move within the next 5 years.  You could save an exceptional amount of money.  I will provide specifics with a simple phone call/email inquiry on your part.

Remember, anyone can say anything rate wise but I am will to advance lock the rates I quote you after discussing your specific loan scenario.  Consultation is free and with no obligation.  If you're thinking about it, let's discuss to see if it makes sense for you.