Weekly Mortgage Watch – December 24 2015

Weekly Mortgage Watch - December 24 2015

December 24 2015 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30-year fixed-rate mortgage rate is at 3.96% this week compared to 3.97% last week. The 30 year rock bottom rate touched in last 10 years  is 3.37%
  • 15 Year Mortgage Rate is at 3.22% this week. The 15 year rock bottom rate touched in last 10 years  is 2.65%
  • 5/1 Adjustable Rate Mortgage Rate is at 3.06%. The 5 year rock bottom Rate touched in last 10 years  is 2.71%
  • Mortgage rates have inched up slowly .We will see the trend continue through 2016

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