Weekly Mortgage Watch – August 08, 2019

August 08, 2019 Weekly Mortgage Watch
  • Interest Rate change for Residential Mortgage Rates
 
  • 30 Year Mortgage Rate is at 3.6% compared to 3.75 last week. The 30 year rock bottom rate touched in last 10 years is 3.59%
  • 15 Year Mortgage Rate decreased to 3.05% compared to 3.2% last week. The 15 year rock bottom rate touched in last 10 years is 2.84%
  • 5/1 Adjustable Rate Mortgage Rate decreased to 3.36% compared to 3.46% last week. The 15 year rock bottom rate touched in last 10 years is 2.77%
  • Rates are still low. Purchase or Refinance before rates move up further
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