Weekly Mortgage Watch – December 20, 2018

December 20, 2018 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates

 

  • 30 Year Mortgage Rate decreased to 4.62% compared to 4.63% last week. The 30 year rock bottom rate touched in last 10 years is 3.37%
  • 15 Year Mortgage Rate is at 4.07% since last week. The 15 year rock bottom rate touched in last 10 years is 2.65%
  • 5/1 Adjustable Rate Mortgage Rate decreased to 3.98% compared to 4.04% last week. The 5 year rock bottom rate touched in last 10 years is 2.71%
  • Rates are still low. Purchase or Refinance before rates move up further

 

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