Weekly Mortgage Watch – October 20 2016

weekly-mortgage-watch-october-20-2016

October 20 2016 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate increased to 3.52% compared to 3.47% last week. The 30 year rock bottom rate touched in last 10 years is 3.37%
  • 15 Year Mortgage Rate increased to 2.79% compared to 2.76% last week. The 15 year rock bottom rate touched in last 10 years is 2.66%
  • 5/1 Adjustable Rate Mortgage Rate increased to 2.85% compared to 2.82% last week. The 5 year rock bottom rate touched in last 10 years is 2.75%
  • Rates are are now at their lowest levels reached in last 10 years

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