Weekly Mortgage Watch – June 28, 2018

June 28, 2018 Weekly Mortgage Watch

  • Interest Rate change for Residential Mortgage Rates

 

  • 30 Year Mortgage Rate decreased to 4.55% compared to 4.57% last week. The 30 year rock bottom rate touched in last 10 years is 3.66%
  • 15 Year Mortgage Rate is at 4.04% since last week. The 15 year rock bottom rate touched in last 10 years is 2.94%
  • 5/1 Adjustable Rate Mortgage Rate increased to 3.87% conpared to 3.83% last week. The 5 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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