Weekly Mortgage Watch – January 23, 2020

Weekly Mortgage Watch – January 23, 2020

  • 30 Year Mortgage Rate decreased at 3.60% compared to 3.65% last week. The 30 year rock bottom rate touched in last 10 years is 3.42%
  • 15 Year Mortgage Rate decreased at 3.04 compared to 3.09% last week. The 15 year rock bottom rate touched in last 10 years is 2.71%
  • 5/1 Adjustable Rate Mortgage Rate decreased to 3.28% compared to 3.39% last week. The 15 year rock bottom rate touched in last 10 years is 2.67%
  • Rates are still low. Purchase or Refinance before rates move up further

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