Articles Recently Tagged: 30-Year Mortgage

(129 posts)

Probability Of A Rate Hike In 2015 Down To 30 Percent

While mortgage rates ticked-up a few basis points over the past week, the average rate for a 30-year mortgage (3.82 percent) remains below four percent for the twelfth week in a row. And with Federal Reserve Governor Daniel Tarullo publicly challenging the Federal Reserve Chair’s suggestion last month that an increase... Read More »

Mortgage Rates Drop, Odds Of A Hike In 2015 Under 50 Percent

Mortgage Rates Drop, Odds Of A Hike In 2015 Under 50 Percent

While local employment remains on a tear, a weaker than expected U.S. jobs report spooked the market and drove Treasury rates down over the past week as assets shifted to safer investments.  And as such, the average rate for a 30-year mortgage dropped 9 basis points to 3.76 percent,... Read More »

Mortgage Rates Drop Along With Odds Of A Hike In 2015

Mortgage Rates Drop Along With Odds Of A Hike In 2015

With the Fed having balked at raising the Federal funds rate last week, the average rate for a 30-year mortgage dropped to 3.86 percent, down from 3.91 percent the week before and versus a 4.20 percent rate at the same time last year, according to Freddie Mac’s latest Primary... Read More »

Average 30-Year Mortgage Rate Drops Back Below 4 Percent

Average 30-Year Mortgage Rate Drops Back Below 4 Percent

Having ticked up to 4.09 percent two weeks ago, the highest rate so far this year, the average rate for a 30-year mortgage has dropped to 3.98 percent, versus 4.12 percent at the same time last year, according to Freddie Mac’s latest Primary Mortgage Market Survey. The 30-year rate,... Read More »

30-Year Mortgage Rate Ticks Up To Highest Level In 2015

30-Year Mortgage Rate Ticks Up To Highest Level In 2015

Having crossed the 4 percent mark for the first time since the fourth quarter of 2014 last month, the average rate for a 30-year fixed mortgage has ticked up to 4.09 percent, the highest rate this year and within 4 basis points of the 4.13 percent average rate recorded... Read More »

30-Year Mortgage Rate Over 4 Percent For First Time In 2015

30-Year Mortgage Rate Over 4 Percent For First Time In 2015

As we expected last week with the underlying basis on the move, the average rate for a 30-year mortgage has continued to climb, crossing the four percent mark for the first time since November 2014 and hitting a new high for 2015. The average rate for a 30-year fixed-rate... Read More »

Basis For 30-Year Mortgage Rate On The Move (Up)

Since hitting a 2015 high of 3.87 percent last week, the average rate for a 30-year fixed mortgage has been relatively unchanged.  But the 10-year Treasury yield, the basis for the 30-year mortgage rate, jumped around 10 basis points (0.10) this morning on strong jobs data. And while the... Read More »

Mortgage Rates Tick Up But Remain Near Four-Month Lows

Mortgage Rates Tick Up But Remain Near Four-Month Lows

The average rate for a conforming 30-year mortgage ticked up to 4.16 percent last week, up 6 basis points from the four month low of 4.10 percent last week on the heels of the federal shutdown and a softening housing market. The current rate remains 42 basis points below... Read More »

Mortgage Rates Drop, but Set to Start Ticking up This Year?

Mortgage Rates Drop, but Set to Start Ticking up This Year?

According to Freddie Mac’s latest Primary Mortgage Market Survey, 30-year fixed-rate mortgage rates averaged 3.34 percent (with 0.7 points) last week versus 3.91 percent a year ago, down from 3.35 percent at the end of 2012 and within a few basis points of a 3.31 percent all-time low. The... Read More »