Weekly Mortgage Watch – February 23 2017

Weekly Mortgage Watch - February 23 2017

February 23 2017 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate increased to 4.16% compare to 4.15% last week. The 30 year rock bottom rate touched in last 10 years is 3.56%
  • 15 Year Mortgage Rate increased to 3.37% compared to 3.35% last week. The 15 year rock bottom rate touched in last 10 years is 2.77%
  • 5/1 Adjustable Rate Mortgage Rate decreased to 3.16% compared to 3.18% last week. The 5 year rock bottom rate touched in last 10 years is 2.64%
  • Rates are are still low. Purchase or Refinance before rates move up further.

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