Weekly Mortgage Watch – August 22, 2019

August 22, 2019 Weekly Mortgage Watch
  • Interest Rate change for Residential Mortgage Rates
 
  • 30 Year Mortgage Rate is decreased at 3.55% compared to 3.6% last week. The 30 year rock bottom rate touched in last 10 years is 3.66%
  • 15 Year Mortgage Rate decreased to 3.03% compared to 3.07% last week. The 15 year rock bottom rate touched in last 10 years is 2.89%
  • 5/1 Adjustable Rate Mortgage Rate decreased to 3.32% compared to 3.35% last week. The 15 year rock bottom rate touched in last 10 years is 2.8%
  • Rates are still low. Purchase or Refinance before rates move up further
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