Articles Recently Tagged: 30-Year Mortgage

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First 30-Year Rate “Inversion” Since 2009

First 30-Year Rate “Inversion” Since 2009

In a move which shouldn’t catch any plugged-in readers by surprise, the average rate for a benchmark 30-year mortgage has dropped another 17 basis points over the past week for an average rate of 3.33 percent, which is now 75 basis points (0.75 percent) below its mark at the... Read More »

Benchmark Mortgage Rate Drops, Short-Term Rate Jumps

Benchmark Mortgage Rate Drops, Short-Term Rate Jumps

Having spiked last week, the average rate for a benchmark 30-year mortgage has since shed 15 basis points for an average rate of 3.50 percent, which is 56 basis points (0.56 percent) below its mark at the same time last year, according to Freddie Mac’s latest Mortgage Market Survey... Read More »

Mortgage Rates Spike

Mortgage Rates Spike

Having inched up from an all-time low of 3.29 percent to 3.36 percent last week, the average rate for a benchmark 30-year mortgage has since jumped another 29 basis points (0.29 percentage points) to 3.65 percent but remains 63 basis points below its mark at the same time last... Read More »

Benchmark Mortgage Rate Inches Up, Short-Term Rates Drop

Benchmark Mortgage Rate Inches Up, Short-Term Rates Drop

Having dropped to an all-time low of 3.29 percent last week, the average rate for a benchmark 30-year mortgage has since inched up 7 basis points to 3.36 percent but remains 95 basis points below its mark at the same time last year and well below an average of... Read More »

Benchmark Mortgage Rate Drops to an All-Time Low

Benchmark Mortgage Rate Drops to an All-Time Low

The average rate for a benchmark 30-year mortgage dropped 16 basis points over the past week to a new all-time low of 3.29 percent, according to Freddie Mac’s latest Mortgage Market Survey data and which shouldn’t have caught any plugged-in readers by surprise. At the same time, the average... Read More »

Benchmark Mortgage Rate Back Down to a 3-Year Low

Benchmark Mortgage Rate Back Down to a 3-Year Low

The average rate for a benchmark 30-year mortgage has dropped back down to the 3-year low of 3.45 percent it hit three weeks ago, which is within 14 basis points (0.14 percentage points) of the all-time low it hit in November of 2012 and 90 basis points below its... Read More »

Benchmark Mortgage Rate Inches Up, Odds of an Easing as Well

Benchmark Mortgage Rate Inches Up, Odds of an Easing as Well

Having dropped to a 3-year low two weeks ago, the average rate for a 30-year mortgage has since inched up 4 basis points to 3.49 percent but remains 86 basis points (0.86 percentage points) below its mark at the same time last year and within 0.18 percentage points of... Read More »

Benchmark Mortgage Rate Hits a 3-Year Low

Benchmark Mortgage Rate Hits a 3-Year Low

Having dropped another 6 basis points over the past week, the average rate for a 30-year mortgage is now down to 3.45 percent, which is 96 basis points (0.96 percentage points) below its mark at the same time last year and the lowest average rate since the fourth quarter... Read More »

Mortgage Rates Continue to Drop, Odds of Another Easing Jump

Mortgage Rates Continue to Drop, Odds of Another Easing Jump

The average rate for a 30-year mortgage dropped another 9 basis points over the past week to 3.51 percent, which is 95 basis points (0.95 percentage points) below its mark at the same time last year, the lowest average rate in five months, and within 11 basis points of... Read More »

Mortgage Rates Drop, Odds of a Cut Tick Up

Mortgage Rates Drop, Odds of a Cut Tick Up

The average rate for a 30-year mortgage has inched down another 4 basis points over the past two weeks to 3.60 percent, which is 85 basis points (0.85 percentage points) below its mark at the same time last year, a 15-week low and within 20 basis points of a... Read More »