Benchmark Mortgage Rate Inching Up, Ending 2017 Around 4%
As expected, the average rate for the benchmark 30-year mortgage inched up 5 basis points over the past week to 3.99 percent, which is the highest rate in five months…
Little Movement in the Benchmark Mortgage Rate
With the downstream impact of the Federal Reserve’s rate hike last week already priced in, the average rate for the benchmark 30-year mortgage was 3.94 percent as of yesterday and…
The Fed Institutes a Rate Hike, Signals Three More in 2018
As predicted, the Federal Reserve has just raised its benchmark Federal Funds rate, upping its target range by another 0.25 percent (25 basis points) and signaling expectations for three more…
Benchmark Mortgage Rate Holding Under 4 Percent
The average rate for a benchmark 30-year mortgage has held relatively firm over the past three weeks, slipping a single (1) basis points in the aggregate to 3.94 percent, which…
Mortgage Rates Tick Up, Odds of a Rate Hike Holding at 100 Percent
The average rate for a benchmark 30-year mortgage ticked up 5 basis points over the past week to 3.95 percent, which is the highest rate in nearly four months, within…
Mortgage Rates Slip, Odds of a Rate Hike Hits 100 Percent
The average rate for a benchmark 30-year mortgage slipped 4 basis points over the past two weeks to 3.90 percent, which is 33 basis points above the 3.57 percent rate…
Mortgage Rates Inch up, Odds of a Hike over 98 Percent
The average rate for a benchmark 30-year mortgage has ticked up 4 basis points over the past two weeks to 3.94 percent, which is 47 basis points above the 3.47…
Mortgage Rates on the Move as Odds of a Rate Hike Hold
The average rate for a benchmark 30-year mortgage ticked up another 6 basis points over the past week to 3.91 percent which is 44 basis points above the 3.47 percent…
Odds of a Rate Hike Rocket
The average rate for a benchmark 30-year mortgage inched up 2 basis points over the past week to 3.85 percent, which is now 43 basis points above the 3.42 percent…
Mortgage Rates Tick Up and Odds of a Hike Jump
The average rate for a benchmark 30-year mortgage ticked up 5 basis points over the past week to 3.83 percent, the first real rise in rates since early July. The…