Weekly Mortgage Watch – July 25, 2019

July 25, 2019 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates

 

  • 30 Year Mortgage Rate is at 3.75% compared to 3.81% last week. The 30 year rock bottom rate touched in last 10 years is 3.49%
  • 15 Year Mortgage Rate decreased to 3.18% compared to 3.23% last week. The 15 year rock bottom rate touched in last 10 years is 2.80%
  • 5/1 Adjustable Rate Mortgage Rate decreased to 3.47% compared to 3.48% last week. The 15 year rock bottom rate touched in last 10 years is 2.74%
  • Rates are still low. Purchase or Refinance before rates move up further

 

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