Weekly Mortgage Watch – September 01 2016

Weekly Mortgage Watch - September 01 2016

 

September 01, 2016 Weekly Mortgage Applications

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate increased to 3.46% compared to 3.43% last week. The 30 year rock bottom rate touched in last 10 years is 3.42%
  • 15 Year Mortgage Rate increased to 2.77% compared to 2.74% last week. The 15 year rock bottom rate touched in last 10 years is 2.72%
  • 5/1 Adjustable Rate Mortgage Rate increased to 2.83% compared to 2.75% 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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