Weekly Mortgage Watch – June 23 2016

Weekly Mortgage Watch - June 23 2016 (1)

June 23 2016 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate increased to 3.56% compared to 3.54% last week. The 30 year rock bottom rate touched in last 10 years is 3.54%
  • 15 Year Mortgage Rate increased to 2.83% compared to 2.81% last week. The 15 year rock  bottom rate touched in last 10 years  is 2.81%
  • 5/1 Adjustable Rate Mortgage Rate is at 2.74% the same as last week. The 5 year rock bottom rate touched in last 10 years is 2.74%
  • Rates are are now at their lowest levels reached in last 10 years

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