Weekly Mortgage Watch – January 04, 2018

January 04 2018 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates

 

  • 30 Year Mortgage Rate decreased to 3.95% compared to 3.99% last week. The 30 year rock bottom rate touched in last 10 years is 3.34%
  • 15 Year Mortgage Rate decreased to 3.38% compared to 3.44% last week. The 15 year rock bottom rate touched in last 10 years is 2.64%
  • 5/1 Adjustable Rate Mortgage Rate decreased to 3.45% compared to 3.47% 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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