Weekly Mortgage Watch – June 01 2017

June 1 2017 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates

 

  • 30 Year Mortgage Rate decreased to 3.94% compared to 3.95% last week. The 30 year rock bottom rate touched in last 10 years is 3.75%
  • 15 Year Mortgage Rate is at 3.19% since last week. The 15 year rock bottom rate touched in last 10 years is 2.97%
  • 5/1 Adjustable Rate Mortgage Rate increased to 3.11% compared to 3.07% last week. The 5 year rock bottom rate touched in last 10 years is 2.66%
  • Rates are are still low. Purchase or Refinance before rates move up further

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