Weekly Mortgage Watch – August 20, 2020

Weekly Mortgage Watch – August 20, 2020

  • 30 Year Mortgage Rate increased at 2.99% compared to 2.96% last week. The 30 year rock bottom rate touched in last 10 years is 3.66%
  • 15 Year Mortgage Rate increased at 2.54% compared to 2.46% last week. The 15 year rock bottom rate touched in last 10 years is 2.89%
  • 5/1 Adjustable Rate Mortgage Rate is at 2.91% compared to 2.90% last week. The 15 year rock bottom rate touched in last 10 years is 2.80%
  • Rates are still low. Purchase or Refinance before rates move up further.

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