Weekly Mortgage Watch – October 05, 2017

October 05 2017 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates

 

  • 30 Year Mortgage Rate increased to 3.85% compared to 3.83% last week. The 30 year rock bottom rate touched in last 10 years is 3.36%
  • 15 Year Mortgage Rate increased at 3.15% compared to 3.13% last week. The 15 year rock bottom rate touched in last 10 years is 2.69%
  • 5/1 Adjustable Rate Mortgage Rate decreased to 3.18% compared to 3.20% last week. The 5 year rock bottom rate touched in last 10 years is 2.72%
  • Rates are still low. Purchase or Refinance before rates move up further

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