Articles Recently Tagged: Primary Mortgage Market Survey

(175 posts)
Benchmark Mortgage Rate Drops to a New All-Time Low

Benchmark Mortgage Rate Drops to a New All-Time Low

Having moderated around 2.9 percent since early September, the average rate for a benchmark 30-year mortgage inched down 6 basis points over the past week to a new all-time low of 2.81 percent, which is 88 basis points below its mark at the same time last year and 5... Read More »

Benchmark Mortgage Rate Moderating Around 2.9 Percent

Benchmark Mortgage Rate Moderating Around 2.9 Percent

Having inched up 3 basis points last week, the average rate for a benchmark 30-year mortgage has since inched back down 2 basis points to 2.88 percent, which is 77 basis points below its mark at the same time last year and only 2 basis points above its all-time... Read More »

Benchmark Mortgage Rate Holds, Short-Term Rate Drops

Benchmark Mortgage Rate Holds, Short-Term Rate Drops

With the Fed’s affirmation of a prolonged low-rate environment already priced in, the average rate for a benchmark 30-year mortgage effectively held over the past week, inching up a single basis point to 2.87 percent, which is 86 basis points below its mark at the same time last year... Read More »

Benchmark Mortgage Rate Hits a New Low, Inversion Spreads

Benchmark Mortgage Rate Hits a New Low, Inversion Spreads

Having shed 7 basis points over the past week, the average rate for a benchmark 30-year mortgage has dropped to a new all-time low of 2.86 percent, which is 70 basis points below its mark at the same time last year and 2 basis points below its previous low... Read More »

Mortgage Rates Drop Along with Application Volumes

Mortgage Rates Drop Along with Application Volumes

Having ticked up last week, the average rate for a benchmark 30-year mortgage has since dropped 8 basis points (0.08 percentage points) to 2.91 percent, which is 67 basis points below its mark at the same time last year and within 3 basis points of the all-time low it... Read More »

Mortgage Rates Tick Up, Benchmark Still Under 3 Percent

Mortgage Rates Tick Up, Benchmark Still Under 3 Percent

Having hit a new all-time low of 2.88 percent two weeks ago, the average rate for a benchmark 30-year mortgage has since inched up 11 basis points to 2.99 percent, which is now 56 basis points below its mark at the same time last year and still less than... Read More »

Benchmark Mortgage Rate Just Hit a New All-Time Low

Benchmark Mortgage Rate Just Hit a New All-Time Low

Having slipped back under 3 percent last week, the average rate for a benchmark 30-year mortgage has dropped another 11 basis points to 2.88 percent, which is 72 basis points below its mark at the same time last year and a new all-time low, according to Freddie Mac’s latest... Read More »

Benchmark Mortgage Rate Slips Back Under 3 Percent

Benchmark Mortgage Rate Slips Back Under 3 Percent

Having inched up last week, the average rate for a benchmark 30-year mortgage is now back under 3 percent by a basis point (2.99 percent) and 76 basis points below its mark at the same time last year (3.75 percent), according to Freddie Mac’s latest Mortgage Market Survey data.... Read More »

Mortgage Rates Inch Up from All-Time Lows

Mortgage Rates Inch Up from All-Time Lows

Having dropped to an unprecedented sub-3 percent rate last week, the average rate for a benchmark 30-year mortgage has since inched up 3 basis points (0.03 percentage points) to 3.01 percent, which is still 74 basis points below its mark at the same time last year, according to Freddie... Read More »

Benchmark Mortgage Rate Drops Below 3 Percent

Benchmark Mortgage Rate Drops Below 3 Percent

Having inched down another 5 basis points (0.05 percentage points) over the past week, the average rate for a benchmark 30-year mortgage now measures an unprecedented 2.98 percent, which is not only 83 basis points below its historically low mark at the same time last year but the first... Read More »