Weekly Mortgage Watch – December 12, 2019

December 12, 2019 Weekly Mortgage Watch
  • Interest Rate change for Residential Mortgage Rates
 
  • 30 Year Mortgage Rate increased to 3.73% compared to 3.68% last week. The 30 year rock bottom rate touched in last 10 years is 3.32%
  • 15 Year Mortgage Rate increased to 3.19% compared to 3.14% last week. The 15 year rock bottom rate touched in last 10 years is 2.66%
  • 5/1 Adjustable Rate Mortgage Rate decreased to 3.36% compared to 3.39% last week. The 15 year rock bottom rate touched in last 10 years is 2.7%
  • Rates are still low. Purchase or Refinance before rates move up further
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