Weekly Mortgage Watch – July 09 2015

Weekly Mortgage Watch - July 09 2015

 

  • 30-year fixed-rate mortgage rate dropped slightly this week. Rate now stands at 4.04% this week. The 30 year rock bottom rate in last 10 years  is 3.62%
  • 15 Year Mortgage Rate stands at 3.20% this week. The 15 year rock bottom rate touched in last 10 years  is 2.89%
  • 5/1 Adjustable Rate Mortgage Rate is at 2.93%, compared to 2.99% last week. The 5 year rock bottom Rate touched in last 10 years  is 2.79%
  • Mortgage rates have been volatile in the past couple of weeks .Volatility is expected to continue till the Fed meeting in September 2015

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