Weekly Mortgage Watch – February 17, 2022

Weekly Mortgage Watch – February 17, 2022

  • 30 Year Mortgage Rate increased to3.92% compared to last week at 3.69%. The 30 year rock bottom rate touched in last 10 years is 2.81%
  • 15 Year Mortgage Rate increased to 3.15% compared to last week at 2.93%. The 15 year rock bottom rate touched in last 10 years is 2.21%
  • 5/1 Adjustable Rate Mortgage increased to 2.98% compared to last week at 2.80. The 15 year rock bottom rate touched in last 10 years is 2.64%
  • Rates are still low. Purchase or Refinance before rates move up further.

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