Weekly Mortgage Watch – August 01, 2019

August 01, 2019 Weekly Mortgage Watch
  • Interest Rate change for Residential Mortgage Rates
 
  • 30 Year Mortgage Rate is at 3.75% since last week. The 30 year rock bottom rate touched in last 10 years is 3.55%
  • 15 Year Mortgage Rate increased to 3.20% compared to 3.18% last week. The 15 year rock bottom rate touched in last 10 years is 2.83%
  • 5/1 Adjustable Rate Mortgage Rate decreased to 3.46% compared to 3.47% 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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