Weekly Mortgage Watch – February 24, 2022

Weekly Mortgage Watch – February 24, 2022

  • 30 Year Mortgage Rate decreased to 3.89% compared to last week at 3.92%. The 30 year rock bottom rate touched in last 10 years is 2.97%
  • 15 Year Mortgage Rate decreased to 3.14% compared to last week at 3.15%. The 15 year rock bottom rate touched in last 10 years is 2.34%
  • 5/1 Adjustable Rate Mortgage increased to 2.98% since last week. The 15 year rock bottom rate touched in last 10 years is 2.79%
  • Rates are still low. Purchase or Refinance before rates move up further.

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