Weekly Mortgage Watch – October 17, 2019

October 17, 2019 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates

 

  • 30 Year Mortgage Rate increased to 3.69% compared to 3.57% last week. The 30 year rock bottom rate touched in last 10 years is 3.37%
  • 15 Year Mortgage Rate increased to 3.15% compared to 3.05% last week. The 15 year rock bottom rate touched in last 10 years is 2.66%
  • 5/1 Adjustable Rate Mortgage Rate is at 3.35% since last week. The 15 year rock bottom rate touched in last 10 years is 2.75%
  • Rates are still low. Purchase or Refinance before rates move up further

 

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