Weekly Mortgage Watch – July 30 2015

Weekly Mortgage Watch - July 30 2015

  • 30-year fixed-rate stands at 3.98% in the July 30th week. The 30 year rock bottom rate touched in last 10 years  is 3.49%
  • 15 Year Mortgage Rate stands at 3.17% this week. The 15 year rock bottom rate touched in last 10 years  is 2.80%
  • 5/1 Adjustable Rate Mortgage Rate is at 2.95%, compared to 2.97% last week. The 5 year rock bottom Rate touched in last 10 years  is 2.74%
  • Mortgage rates have been volatile in the past couple of weeks and it doesn’t look like this trend will change anytime soon

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