Weekly Mortgage Watch – November 03 2016

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November 03 2016 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate increased to 3.54% compared to 3.47% last week. The 30 year rock bottom rate touched in last 10 years is 3.39%
  • 15 Year Mortgage Rate increased to 2.84% compared to 2.78% last week. The 15 year rock bottom rate touched in last 10 years is 2.70%
  • 5/1 Adjustable Rate Mortgage Rate increased to 2.87% compared to 2.84% 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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