Weekly Mortgage Watch – November 09, 2017

November 09 2017 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates

 

  • 30 Year Mortgage Rate decreased at 3.90% compared to 3.94% last week. The 30 year rock bottom rate touched in last 10 years is 3.40%
  • 15 Year Mortgage Rate decreased at 3.24% compared to 3.27% last week. The 15 year rock bottom rate touched in last 10 years is 2.69%
  • 5/1 Adjustable Rate Mortgage Rate decreased to 3.22% compared to 3.23% last week. The 5 year rock bottom rate touched in last 10 years is 2.73%
  • Rates are still low. Purchase or Refinance before rates move up further

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