Weekly Mortgage Watch – January 05, 2017

weekly-mortgage-watch-january-05-2017

January 05, 2017 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate decreased to 4.20% compared to 4.32% last week after 7 successive weeks of increasing rates. The 30 year rock bottom rate touched in last 10 years is 3.34%
  • 15 Year Mortgage Rate decreased to 3.44% compared to 3.55% last week. The 15 year rock bottom rate touched in last 10 years is 2.64%
  • 5/1 Adjustable Rate Mortgage Rate increased to 3.33% compared to 3.30% last week. The 5 year rock bottom rate touched in last 10 years is 2.71%
  • Rates are are still low.Purchase or Refinance before rates move up further

5 Quick Ways to Connect immediately

 

Apply Now

Short Form : Complete a Short Form and receive a list of items needed to complete the processing of your loan

 

[FBW]

Share your thoughts