Weekly Mortgage Watch – November 24 2016

weekly-mortgage-watch-november-24-2016

November 24 2016 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate increased to 4.03% compared to 3.94% last week. The 30 year rock bottom rate touched in last 10 years is 3.314%
  • 15 Year Mortgage Rate increased to 3.25% compared to 3.14% last week. The 15 year rock bottom rate touched in last 10 years is 2.63%
  • 5/1 Adjustable Rate Mortgage Rate increased to 3.12% compared to 3.07% last week. The 5 year rock bottom rate touched in last 10 years is 2.74%
  • Rates are are still low.Purchase or Refinance before rates move up further.

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