Weekly Mortgage Watch – May 28, 2020

Weekly Mortgage Watch – May 28, 2020

  • 30 Year Mortgage Rate decreased at 3.15% compared to 3.24% last week. The 30 year rock bottom rate touched in last 10 years is 3.81%
  • 15 Year Mortgage Rate decreased to 2.62% compared to 2.70% last week. The 15 year rock bottom rate touched in last 10 years is 2.98%
  • 5/1 Adjustable Rate Mortgage Rate decreased at 3.13% compared to 3.17% last week. The 15 year rock bottom rate touched in last 10 years is 2.66%
  • Rates are still low. Purchase or Refinance before rates move up further

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