Weekly Mortgage Watch – April 14 2016

Weekly Mortgage Watch - April 14 2016

April 14 2016 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate is  at 3.58% compared to 3.59% last week. The 30 year rock bottom rate touched in last 10 years is 3.43%
  • 15 Year Mortgage Rate is at 2.86% compared to 2.88% last week. The 15 year rock bottom touched in last 10 years is 2.65%
  • 5/1 Adjustable Rate Mortgage Rate increased at 2.84%, compared to 2.82% last week. The 5 year rock bottom rate touched in last 10 years is 2.62%
  • Rates are still close to their lowest levels reached in last 10 years

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