Articles Recently Tagged: 30-Year Mortgage

(140 posts)
Mortgage Rates Inch Up

Mortgage Rates Inch Up

While the average rate for a 30-year mortgage inched up 7 basis points over the past week to 3.56 percent, it remains within 15 basis points of a three/six-year low and down 138 basis points (1.38 percentage points or roughly 28 percent) since the fourth quarter of last year.... Read More »

Benchmark Mortgage Rate Nearing a Six-Year Low

Benchmark Mortgage Rate Nearing a Six-Year Low

The average rate for a 30-year mortgage dropped 9 basis points over the past week to 3.49 percent, which is down 145 basis points (1.45 percentage points or 29.4 percent) since the fourth quarter of last year and is now within 8 basis points of both a three and... Read More »

Mortgage Rates Continue to Drop, Odds of an Easing Slip

Mortgage Rates Continue to Drop, Odds of an Easing Slip

The average rate for a 30-year mortgage dropped another 5 basis points over the past week to 3.55 percent, which is down 139 basis points (1.39 percentage points or 28.1 percent) since the fourth quarter of last year and within 13 basis points of a three-year low. At the... Read More »

Benchmark Mortgage Rate Drops to a Near 3-Year Low

Benchmark Mortgage Rate Drops to a Near 3-Year Low

On the heels of the Fed having eased rates last week, the average rate for a 30-year mortgage has dropped 15 basis points to 3.60 percent, which is now 134 basis points (1.34 percentage points) below its mark in the fourth quarter of last year and within 18 basis... Read More »

Mortgage Rates Slip, Odds of an Easing Hold

Mortgage Rates Slip, Odds of an Easing Hold

Having inched up to 3.81 percent last week, the average rate for a 30-year mortgage has dropped back down to 3.75 percent, which is 119 basis points (1.19 percentage points) below its mark in the fourth quarter of last year and within 30 basis points of a three-year low.... Read More »

Mortgage Rates Inch up Along With the Odds of an Earlier Easing

Mortgage Rates Inch up Along With the Odds of an Earlier Easing

Having dropped to 3.73 percent at the end of last month and bouncing around a 32-month low, the average rate for a 30-year mortgage inched up 6 basis points over the past week to 3.81 percent but remains 113 basis points (1.13 percentage points) below its mark in the... Read More »

Benchmark Mortgage Rate Holding at a 32-Month Low

Benchmark Mortgage Rate Holding at a 32-Month Low

The average rate for a 30-year mortgage has been holding at around 3.75 percent over the past two weeks, which is down 119 basis points (1.19 percentage points) since the fourth quarter of last year, down 78 basis points on a year-over-year basis and is effectively the lowest 30-year... Read More »

Benchmark Mortgage Rate Hits a 31-Month Low

Benchmark Mortgage Rate Hits a 31-Month Low

As foreshadowed, the average rate for a 30-year mortgage dropped 11 basis points over the past week to 3.73 percent, which is now down 121 basis points (1.21 percentage points) since the fourth quarter of last year and represents the lowest 30-year rate since November of 2016. At the... Read More »

Mortgage Rates Hover Near Two-Year Lows, Primed to Drop

Mortgage Rates Hover Near Two-Year Lows, Primed to Drop

While the average rate for a 30-year mortgage was unchanged over the past week, holding near a two-year low of 3.82 percent, Freddie Mac’s latest Mortgage Market Survey was conducted prior to yesterday’s meeting of the Federal Reserve, after which the yield on the 10-year Treasury, which drives mortgage... Read More »

Benchmark Mortgage Rate Nearly Hits a Two-Year Low

Benchmark Mortgage Rate Nearly Hits a Two-Year Low

The average rate for a 30-year mortgage dropped 17 basis points over the past week and now measures 3.82 percent.  That’s the lowest 30-year rate since the third quarter of 2017 and down over one full percentage point, or 23 percent, since the fourth quarter of last year, according... Read More »