Weekly Mortgage Watch – March 16 2017

Weekly Mortgage Watch - March 16 2017

March 16 2017 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate increased to 4.30% compared to 4.21% last week. The 30 year rock bottom rate touched in last 10 years is 3.63%
  • 15 Year Mortgage Rate increased to 3.50% compared to 3.42% last week. The 15 year rock bottom rate touched in last 10 years is 2.79%
  • 5/1 Adjustable Rate Mortgage Rate increased to 3.28% compared to 3.23% last week. The 5 year rock bottom rate touched in last 10 years is 2.61%
  • Rates are are still low. Purchase or Refinance before rates move up further

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