Weekly Mortgage Watch – February 07, 2019

February 07, 2019 Weekly Mortgage Watch
  • Interest Rate change for Residential Mortgage Rates
 
  • 30 Year Mortgage Rate decreased to 4.41% compared to 4.45% last week. The 30 year rock bottom rate touched in last 10 years is 3.53%
  • 15 Year Mortgage Rate decreased to 3.84% compared to 3.89% last week. The 15 year rock bottom rate touched in last 10 years is 2.77%
  • 5/1 Adjustable Rate Mortgage Rate decreased to 3.91% compared to 3.96% last week. The 15 year rock bottom rate touched in last 10 years is 2.63%
  • Rates are still low. Purchase or Refinance before rates move up further
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