Weekly Mortgage Watch – October 13 2016

weekly-mortgage-watch-october-13-2016

October 13 2016 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate increased to 3.47% compared to 3.42% last week. The 30 year rock bottom rate touched in last 10 years is 3.39%
  • 15 Year Mortgage Rate increased to 2.76% compared to 2.72% last week. The 15 year rock bottom rate touched in last 10 years is 2.70%
  • 5/1 Adjustable Rate Mortgage Rate increased to 2.82% compared to 2.80% last week. The 5 year rock bottom rate touched in last 10 years is 2.73%
  • Rates are are now at their lowest levels reached in last 10 years

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