Weekly Mortgage Watch – March 17 2016

Weekly Mortgage Watch - March 17 2016

March 17 2016 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate increased to 3.73% compared to 3.68% last week . The 30 year rock bottom rate touched in last 10 years is 3.63%
  • 15 Year Mortgage Rate also increased to 2.99% compared to 2.96% last week. The 15 year rock bottom rate touched in last 10 years  is 2.79%
  • 5/1 Adjustable Rate Mortgage Rate is at 2.93%, compared to 2.92% last week. The 5 year rock bottom rate touched in last 10 years  is 2.61%
  • Rates are still close to their lowest levels reached in last 10 years

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