Mortgage Rates Rocket to 3-Year Highs, Primed to Climb
The average rate for a benchmark 30-year mortgage jumped another 26 basis points (0.26 percentage points) over the past week to 4.42 percent, which is nearly 40 percent (125 basis…
Benchmark Mortgage Rate Rockets Back Over 4 Percent
The average rate for a benchmark 30-year mortgage jumped 31 basis points (0.31 percentage points) over the past week to 4.16 percent, which is 35 percent (107 basis points) higher…
Benchmark Mortgage Rate Ticks Back Up, Hike Probability Too
Having dipped 16 basis points (0.16 percentage points) with a flight to safety in the markets following Russia’s invasion of Ukraine, the average rate for a benchmark 30-year mortgage ticked…
Mortgage Loan Application Volume Ticks Up (But Down)
While mortgage loan application volumes to either purchase or refinance a home in the U.S. ticked up 8.5 percent last week, having dropped to a two-year low in February, prior…
Benchmark Mortgage Rate Dips with a Flight to Safety in Play
Having slipped 3 basis points (0.03 percentage points) last week, the average rate for a benchmark 30-year mortgage has since pulled back another 13 basis points to 3.76 percent with…
Benchmark Mortgage Rate Slips, Only 31 Percent Higher YOY
Having jumped nearly 30 percent over the past two months, the average rate for a benchmark 30-year mortgage pulled back 3 basis points (0.03 percentage points) over the past week…
Mortgage Loan Application Volume Drops to a Two-Year Low
With the benchmark 30-year mortgage rate having jumped and lending standards tightening, mortgage loan application volumes to either purchase or refinance a home in the U.S. dropped 13.1 percent on…
Benchmark Mortgage Rate Jumps Again, 39 Percent Higher YOY
The average rate for a benchmark 30-year mortgage jumped 23 basis points (0.23 percentage points) over the past week to 3.92 percent, which is 39.5 percent higher than the average…
Benchmark Mortgage Rate Just Jumped to a 2-Year High
The average rate for a benchmark 30-year mortgage jumped 14 basis points (0.14 percentage points) over the past week to 3.69 percent, which is nearly a full percentage point (96…
Benchmark Mortgage Rate Holding Near a 2-Year High
The average rate for a benchmark 30-year mortgage inched down one (1) basis points (0.01 percentage points) over the past week to 3.55 percent, which is 78 basis points percent…