Weekly Mortgage Watch – October 24, 2019

October 23, 2019 Weekly Mortgage Watch
  • Interest Rate change for Residential Mortgage Rates
 
  • 30 Year Mortgage Rate increased to 3.75% compared to 3.69% last week. The 30 year rock bottom rate touched in last 10 years is 3.41%
  • 15 Year Mortgage Rate increased to 3.18% compared to 3.15% last week. The 15 year rock bottom rate touched in last 10 years is 2.72%
  • 5/1 Adjustable Rate Mortgage Rate increased to 3.40% compared to 3.35%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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