Articles Recently Tagged: 30-Year Mortgage

(126 posts)
Benchmark Mortgage Rate Ticks Up, Odds of an Easing Slips

Benchmark Mortgage Rate Ticks Up, Odds of an Easing Slips

The average rate for a 30-year mortgage ticked up 5 basis points over the past week to 4.17 percent, which is up 11 basis points since the end of March but remains 30 basis points below the average rate at the same time last year (4.47 percent), according to... Read More »

Mortgage Rates Inch Up, Inversion Increases, Odds of Easing Even

Mortgage Rates Inch Up, Inversion Increases, Odds of Easing Even

Having dropped 35 basis points in March, including the biggest one week drop in over a decade, the average rate for a 30-year mortgage has ticked up 6 basis points over the past two weeks to 4.12 percent but remains 30 basis points below its average rate at the... Read More »

Mortgage Rates Dramatically Drop, Inversion Spreads

Mortgage Rates Dramatically Drop, Inversion Spreads

With Fed officials having officially deemed the foregoing of any additional interest rate hikes in 2019 to “be best” for our economy in light of increasing global risks, which shouldn’t have caught any plugged-in readers by surprise, the average rate for a 30-year mortgage has since dropped 22 basis... Read More »

Benchmark Mortgage Rate Drops, Odds of an Easing Up

Benchmark Mortgage Rate Drops, Odds of an Easing Up

Having ticked up 6 basis points last week, the average rate for a benchmark 30-year mortgage has since dropped 10 basis points to 4.31 percent, which is 13 basis points below its mark at the same time last year, down 63 basis points since hitting a 7-year high this... Read More »

Mortgage Rates Tick Up

Mortgage Rates Tick Up

Having dropped 59 basis points since hitting a 7-year high of 4.94 percent this past November, the average rate for a benchmark 30-year mortgage ticked up 6 basis points over the past week to 4.41 percent but remains 5 basis points below its mark at the same time last... Read More »

Mortgage Rates Hold

Mortgage Rates Hold

The average rate for a benchmark 30-year mortgage, which hit a 7-year high of 4.94 percent this past November, but has since dropped 59 basis points, was unchanged over the past week, holding at 4.35 percent, which is 8 basis points below its mark at the same time last... Read More »

Benchmark Mortgage Rate Drops to a One-Year Low, Fears Grow

Benchmark Mortgage Rate Drops to a One-Year Low, Fears Grow

The average rate for a benchmark 30-year mortgage, which hit a 7-year high of 4.94 percent this past November, shed another 4 basis points over the past week and has dropped 4.37 percent, the lowest rate in a year, according to Freddie Mac’s latest Mortgage Market Survey data. At... Read More »

Benchmark Mortgage Rate Drops, Odds of Easing Emerge

Benchmark Mortgage Rate Drops, Odds of Easing Emerge

Having dropped to a 9-month low at the beginning of the year, the average rate for a benchmark 30-year mortgage, which hit a 7-year high of 4.94 percent this past November, has inched down another 4 basis points to a 10-month low of 4.41 percent, according to Freddie Mac’s... Read More »

Benchmark Mortgage Rate Levels Off, Probability of a Hike Drops

Benchmark Mortgage Rate Levels Off, Probability of a Hike Drops

Having dropped to a 9-month low two weeks ago, the average rate for a benchmark 30-year mortgage, which hit a 7-year high of 4.94 percent this past November, has been holding at 4.45 percent, which is 30 basis points above its mark at the same time last year, according... Read More »

Mortgage Rates Drop to a 9-Month Low, Application Volume Jumps

Mortgage Rates Drop to a 9-Month Low, Application Volume Jumps

Having shed 6 basis points over the past week, the average rate for a benchmark 30-year mortgage has dropped to 4.45 percent, which is 49 basis points below the 7-year high of 4.94 percent it hit this past November and a 9-month low but still 46 basis points above... Read More »