Weekly Mortgage Watch – January 28 2016

Weekly Mortgage Watch - January 28 2016

January 28 2016 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate is at 3.79%, compared to 3.81% last week . The 30 year rock bottom rate touched in last 10 years is 3.42%
  • 15 Year Mortgage Rate is at 3.07%, compared to 3.1% last week. The 15 year rock bottom rate touched in last 10 years  is 2.71%
  • 5/1 Adjustable Rate Mortgage Rate is at 2.9%, compared to 2.91% last week. The 5 year rock bottom rate touched in last 10 years  is 2.67%
  • Rates are still close to their lowest levels reached in last 10 years

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