Weekly Mortgage Watch – October 01 2015

Weekly Mortgage Watch - October 01 2015

October 01 2015 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30-year fixed-rate stands at 3.85% this week. The 30 year rock bottom rate touched in last 10 years  is 3.40%.
  • 15 Year Mortgage Rate also saw a slight drop last week. Rate stands at 3.07% this week. The 15 year rock bottom rate touched in last 10 years  is 2.73%.
  • 5/1 Adjustable Rate Mortgage Rate is at 2.91%, compared to 2.91% last week. The 5 year rock bottom Rate touched in last 10 years  is 2.71%.
  • Mortgage rates have been holding pretty steady in the past couple of weeks.

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