Weekly Mortgage Watch – December 28, 2017

December 28 2017 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates

 

  • 30 Year Mortgage Rate increased to 3.99% compared to 3.94% last week. The 30 year rock bottom rate touched in last 10 years is 3.35%
  • 15 Year Mortgage Rate increased to 3.44% compared to 3.38% last week. The 15 year rock bottom rate touched in last 10 years is 2.65%
  • 5/1 Adjustable Rate Mortgage Rate increased to 3.47% compared to 3.39% last week. The 5 year rock bottom rate touched in last 10 years is 2.70%
  • Rates are still low. Purchase or Refinance before rates move up further

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