Weekly Mortgage Watch – May 19 2016

Weekly Mortgage Watch - May 19 2016

May 19 2016 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate on May 19th 2016 increased to 3.58% compared to 3.57% last week. The 30 year rock bottom rate touched in last 10 years is 3.51%
  • 15 Year Mortgage Rate on May 19th 2016 is retain at 2.81% just like last week. The 15 year rock bottomm rate touched in last 10 years  is 2.69%
  • 5/1 Adjustable Rate Mortgage Rate on May 19th 2016 increased to 2.80%, compared to 2.78% last week. The 5 year rock bottom rate touched in last 10 years is 2.62%
  • Rates are still close to their lowest levels reached in last 10 years

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