Benchmark Mortgage Rate Effectively Hits a Seven-Year High
The average rate for a benchmark 30-year mortgage ticked up another 5 basis points over the past week to 4.65 percent, which is 82 basis points above its mark at…
Mortgage Rates Rise, Largest YOY Increase since 2014
The average rate for a benchmark 30-year mortgage ticked up another 6 basis points over the past week to 4.6 percent, which is 82 basis points above its mark at…
Mortgage Rates Inch Up, Probability of a Rate Hike Hits 100 Percent
The average rate for a benchmark 30-year mortgage inched up 2 basis points over the past week to 4.54 percent, which is 76 basis points above its average rate of…
Benchmark Mortgage Rate Hovering Around 4.5 Percent
Having bounced around a narrow 15 basis point band over the past four months, the average rate for a benchmark 30-year mortgage has been hovering around 4.5 percent over the…
Mortgage Rates Slip, Probability of a Rate Hike Hits 98 Percent
The average rate for a benchmark 30-year mortgage slipped 7 basis points over the past two weeks to 4.53 percent but remains 64 basis points above its mark at the…
Mortgage Rates Tick Up, Short-Term Rate Hits Eight-Year High
The average rate for a benchmark 30-year mortgage has ticked 8 basis points over the past two weeks to 4.60 percent, which is 67 basis points higher on a year-over-year…
Mortgage Rates Inch up along with Probability of Next Rate Hike
The average rate for a benchmark 30-year mortgage inched up a single (1) basis points over the past week to 4.53 percent, which is 50 basis points higher on a…
Benchmark Mortgage Rate Slips, Short-Term Rate Inches Up
The average rate for a benchmark 30-year mortgage slipped 2 basis points over the past week to 4.55 percent but remains 67 basis points higher on a year-over-year basis and…
Benchmark Mortgage Rate Slips Post Hike
With last week’s expected rate hike already priced in, and the 10-year Treasury having dipped following said hike, the average rate for a benchmark 30-year mortgage slipped 5 basis points…
Mortgage Rates Ticked Up Prior to Yesterday’s Rate Hike
While measured prior to the Fed’s announcement yesterday, the average rate for a benchmark 30-year mortgage had ticked up 8 basis points over the past week to 4.62 percent, which…