Weekly Mortgage Watch – September 08 2016

weekly-mortgage-watch-september-08-2016

September 08 2016 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates
  • 30 Year Mortgage Rate decreased to 3.44% compared to 3.46% last week. The 30 year rock bottom rate touched in last 10 years is 3.43%
  • 15 Year Mortgage Rate decreased to 2.76% compared to 2.77% last week. The 15 year rock bottom rate touched in last 10 years is 2.74%
  • 5/1 Adjustable Rate Mortgage Rate decreased to 2.81% compared to 2.83% 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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