Weekly Mortgage Watch – February 28, 2019

February 28, 2019 Weekly Mortgage Watch
  • Interest Rate change for Residential Mortgage Rates
 
  • 30 Year Mortgage Rate decreased to 4.35% since last week. The 30 year rock bottom rate touched in last 10 years is 3.51%
  • 15 Year Mortgage Rate decreased to 3.77% compared to 3.78% last week. The 15 year rock bottom rate touched in last 10 years is 2.76%
  • 5/1 Adjustable Rate Mortgage Rate decreased to 3.84% since last week. The 15 year rock bottom rate touched in last 10 years is 2.61%
  • Rates are still low. Purchase or Refinance before rates move up further
 
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