Weekly Mortgage Watch – January 25, 2018

January 25 2018 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates

 

  • 30 Year Mortgage Rate increased to 4.15% compared to 4.04% last week. The 30 year rock bottom rate touched in last 10 years is 3.42%
  • 15 Year Mortgage Rate increased to 3.62% compared to 3.49% last week. The 15 year rock bottom rate touched in last 10 years is 2.71%
  • 5/1 Adjustable Rate Mortgage Rate increased to 3.52% compared to 3.46% last week. The 5 year rock bottom rate touched in last 10 years is 2.67%
  • Rates are still low. Purchase or Refinance before rates move up further

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