Weekly Mortgage Watch – August 29, 2019

August 29, 2019 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates

 

  • 30 Year Mortgage Rate is increased at 3.58% compared to 3.55% last week. The 30 year rock bottom rate touched in last 10 years is 3.59%
  • 15 Year Mortgage Rate increased to 3.06% compared to 3.03% last week. The 15 year rock bottom rate touched in last 10 years is 2.86%
  • 5/1 Adjustable Rate Mortgage Rate decreased to 3.31% compared to 3.32% last week. The 15 year rock bottom rate touched in last 10 years is 2.78%
  • Rates are still low. Purchase or Refinance before rates move up further

 

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