Benchmark Mortgage Rate Inches Up, Nearing a 16-Month High
The average rate for a benchmark 30-year mortgage has inched up another 9 basis points over the past two weeks to 3.14 percent, which is the highest rate in six…
Mortgage Rates Inch Up, 30-Year Rate Hits a Six-Month High
Having jumped back over 3 percent two weeks ago, the average rate for a benchmark 30-year mortgage has since inched up to 3.05 percent, which is a six-month high. And…
Mortgage Loan Application Volumes Inch Up, But…
Mortgage loan application volumes across the U.S. inched up 0.2 percent over the past week on a seasonally adjusted basis having dropped 6.9 percent the week before, with a 2…
Mortgage Loan Application Volumes Drop
Mortgage loan application volumes to either purchase or refinance a home in the U.S. dropped 6.9 percent on a seasonally adjusted basis over the past week and were down 7…
Benchmark Mortgage Rate Jumps Back Above 3 Percent
The average rate for a benchmark 30-year mortgage jumped 13 basis points (0.13 percentage points) over the past week to 3.01 percent. While 3.02 percent is still historically low, with…
Benchmark Mortgage Rate Inches Down
The average rate for a benchmark 30-year mortgage inched down 2 basis point (0.02 percentage points) over the past week to 2.86 percent, which is effectively even with the prevailing…
Mortgage Rates Are Holding, Application Volumes Have Dropped
The average rate for a benchmark 30-year mortgage has inched up a total of 1 basis point (0.01 percentage point) over the past two weeks to 2.88 percent, which is…
Mortgage Rates Holding Near Record Lows
The average rate for a benchmark 30-year mortgage, which inched up 10 basis points (0.10 percentage points) two weeks ago, has effectively held at 2.87 percent, which is 4 basis…
Purchase Mortgage Activity in the U.S. Drops
Mortgage loan application volume in the U.S. dropped 4 percent over the past week, or 3.9 percent on a seasonally adjusted basis, according to the Mortgage Bankers Association. While the…
Mortgage Rates Inch Up from Record Lows
The average rate for a benchmark 30-year mortgage inched up 10 basis points (0.10 percentage points) over the past week to 2.87 percent, which is still 9 basis points lower…