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Weekly Mortgage Watch

August 4th, 2015 · No Comments · American Riviera, Mark Lomas and Kirsten Wolfe, Mortgage Information

9WeeklyMortgageWatch2015 (Click on image to enlarge)

30 Year Mortgage Rate is at 4.04%, compared to 4.09% last week . Lowest 30 year rate touched in last 10 years is 3.53%.15

15 Year Mortgage Rate is at 3.21%, compared to 3.25% last week. Lowest 15 year rate touched in last 10 years  is 2.83%.5/1

Adjustable Rate Mortgage Rate is at 2.97%, compared to 2.96% last week. Lowest 5/1 Adjustable Rate touched in last 10 years  is 2.69%.

We are seeing a consistent upward movement in rates.  Freddie Mac’s Primary Mortgage Market Survey June 2007 to June 2015.

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