Weekly Mortgage Watch – June 08 2017

June 08 2017 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate decreased to 3.89% compared to 3.94% last week. The 30 year rock bottom rate touched in last 10 years is 3.67%
  • 15 Year Mortgage Rate decreased to 3.16% compared to 3.19% last week. The 15 year rock bottom rate touched in last 10 years is 2.94%
  • 5/1 Adjustable Rate Mortgage Rate is at 3.11% since last week. The 5 year rock bottom rate touched in last 10 years is 2.74%
  • Rates are still low. Purchase or Refinance before rates move up further

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