Mortgage Watch

June 13, 2019, Weekly Mortgage Watch

• Interest Rate change for Residential Mortgage Rates
• 30 Year Mortgage Rate is at 3.82% since last week. The 30-year rock bottom rate touched in the last 10 years is 3.71%
• 15 Year Mortgage Rate decreased to 3.26% compared to 3.28% last week. The 15-year rock bottom rate touched in the last 10 years is 2.98%
• 5/1 Adjustable Rate Mortgage Rate decreased to 3.51% compared to 3.52% last week. The 15-year rock bottom rate touched in the last 10 years is 2.79%
• Rates are still low. Purchase or Refinance before rates move up further