Weekly Mortgage Watch – February 04 2016

Weekly Mortgage Watch - February 04 2016

February 04 2016 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate is at 3.72%, compared to 3.79% last week . The 30 year rock bottom rate touched in last 10 years is 3.53%
  • 15 Year Mortgage Rate is at 3.01%, compared to 3.07% last week. The 30 year rock bottom rate touched in last 10 years  is 2.81%
  • 5/1 Adjustable Rate Mortgage Rate is at 2.85%, compared to 2.9% last week. The 5 year rock bottom rate touched in last 10 years  is 2.70%
  • Rates are still close to their lowest levels reached in last 10 years

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