Weekly Mortgage Watch – October 15 2015

Weekly Mortgage Watch - October 15 2015

October 15 2015  Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30-year fixed-rate mortgage rate rose to 3.82% this week compared to 3.76% 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 3.03% this week. The 15 year rock bottom rate touched in last 10 years  is 2.70%
  • 5/1 Adjustable Rate Mortgage Rate is at 2.88%. The 5 year rock bottom Rate touched in last 10 years  is 2.73%
  • Mortgage rates have been holding pretty steady in the past couple of weeks

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