Weekly Mortgage Watch – December 29 2016

weekly-mortgage-watch-december-29-2016

December 29 2016 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate increased to 4.32% compared to 4.30% last week. The 30 year rock bottom rate touched in last 10 years is 3.35%
  • 15 Year Mortgage Rate increased to 3.55% compared to 3.52% last week. The 15 year rock bottom rate touched in last 10 years is 2.65%
  • 5/1 Adjustable Rate Mortgage Rate decreased to 3.30% compared to 3.32% last week. The 5 year rock bottom rate touched in last 10 years is 2.70%
  • Rates are are still low.Purchase or Refinance before rates move up further

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