Weekly Mortgage Watch – June 30 2016

Weekly Mortgage Watch - June 30 2016

June 30 2016 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate decreased to 3.48% compared to 3.56% last week. The 30 year rock bottom rate touched in last 10 years is 3.48%
  • 15 Year Mortgage Rate decreased to 2.78% compared to 2.83% last week. The 15 year rock bottomm rate touched in last 10 years  is 2.78%
  • 5/1 Adjustable Rate Mortgage Rate decreased to 2.70% compared to 2.74% last week. The 5  year rock bottom rate touched in last 10 years is 2.70%
  • Rates are are now at their lowest levels reached in last 10 years

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