Weekly Mortgage Watch – December 01 2016

weekly-mortgage-watch-december-01-2016

December 01 2016 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate increased to 4.08% compared to 4.03% last week. The 30 year rock bottom rate touched in last 10 years is 3.32%
  • 15 Year Mortgage Rate increased to 3.34% compared to 3.25% last week. The 15 year rock bottom rate touched in last 10 years is 2.64%
  • 5/1 Adjustable Rate Mortgage Rate increased to 3.15% compared to 3.12% last week. The 5 year rock bottom rate touched in last 10 years is 2.72%
  • Rates are are still low.Purchase or Refinance before rates move up further.

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