Weekly Mortgage Watch – August 23, 2018

August 23, 2018 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates

 

  • 30 Year Mortgage Rate decreased to 4.51% compared to 4.53% last week. The 30 year rock bottom rate touched in last 10 years is 3.66%
  • 15 Year Mortgage Rate decreased to 3.98% compared to 4.01% last last week. The 15 year rock bottom rate touched in last 10 years is 2.95%
  • 5/1 Adjustable Rate Mortgage Rate decreased to 3.82% conpared to 3.87% last week. The 5 year rock bottom rate touched in last 10 years is 2.77%
  • Rates are still low. Purchase or Refinance before rates move up further

 

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