Weekly Mortgage Watch – April 07 2016

Weekly Mortgage Watch - April 07 2016

April 07 2016 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate is now at 3.59% compared to 3.71% last week. The 30 year rock bottom rate touched in last 10 years is 3.54%
  • 15 Year Mortgage Rate is at 2.88% compared to 2.98% last week. The 15 year rock bottom rate touched in last 10 years  is 2.74%
  • 5/1 Adjustable Rate Mortgage Rate is at 2.82%, compared to 2.90% last week. The 5 year rock bottom rate touched in last 10 years  is 2.65%
  • Rates are still close to their lowest levels reached in last 10 years

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