Weekly Mortgage Watch – November 12 2015

Weekly Mortgage Watch - November 12 2015

November 12 2015 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30-year fixed-rate mortgage rate is at 3.98% this week compared to 3.87% last week. The 30 year rock bottom rate touched in last 10 years  is 3.39%
  • 15 Year Mortgage Rate also saw has an increase to 3.2% this week. The 15 year rock bottom rate touched in last 10 years  is 2.70%
  • 5/1 Adjustable Rate Mortgage Rate is at 3.03%. The 5 year rock bottom Rate touched in last 10 years  is 2.74%
  • Mortgage rates are showing signs of inching up, in anticipation of a fed rate increase

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