Weekly Mortgage Watch – January 31, 2019

January 31, 2019 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates

 

  • 30 Year Mortgage Rate stood at 4.45% same as last week. The 30 year rock bottom rate touched in last 10 years is 3.53%
  • 15 Year Mortgage Rate increased to 3.89% compared to 3.88% last week. The 15 year rock bottom rate touched in last 10 years is 2.81%
  • 5/1 Adjustable Rate Mortgage Rate increased to 3.96% compared to 3.90% last week. The 15 year rock bottom rate touched in last 10 years is 2.70%
  • Rates are still low. Purchase or Refinance before rates move up further

 

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