Mortgage Rates Tick up but No Chance of a Hike
On the heels of a seven-week slide, the average rate for a benchmark 30-year loan has ticked up for the second week in a row to 3.68 percent but remains…
Benchmark Mortgage Rate Nearing Three-Year Low
The average rate for a benchmark 30-year loan dropped to 3.62 percent over the past week and is within 3 basis points (0.03) of its lowest rate since mid-2013 as…
Benchmark Mortgage Drops to One-Year Low, Odds of a Hike: Nil
Mortgage rates have dropped for the sixth week in a row and the average rate for a benchmark 30-year loan has dropped to 3.65 percent, matching its one-year low and…
Mortgage Rate Drops to Nine-Month Low, Odds of a Hike Near Nil
Having slipped below 4 percent four weeks ago, the average rate for the benchmark 30-year mortgage dropped to 3.72 percent over the past week as concern about a global slowdown…
Benchmark Mortgage Rate Drops to Three-Month Low
Having slipped below 4 percent two weeks ago, the average rate for the benchmark 30-year mortgage dropped to 3.81 percent over the past week “as concern about a global slowdown…
Mortgage Rates Drop on Market Weakness
Having slipped below 4 percent last week, the average rate for a benchmark 30-year mortgage has dropped another 5 basis points to 3.92 percent as concern about a global slowdown…
Benchmark Mortgage Rate Dips on China’s Market Chaos
With China’s stock market rout rattling the markets near and far, and a subsequent flight to quality driving the 10-year Treasury yield down, the average rate for a benchmark 30-year…
Benchmark Mortgage Rate Back above 4 Percent and Forecast to Rise
For the first time in five months and following a post rate hike slip, the average rate for the benchmark 30-year mortgage is back above 4 percent having ticked up…
Benchmark Mortgage Rate Drops following First Rate Hike
With the 10-year treasury yield trading down following the Fed’s first rate hike in nearly a decade, we were expecting the average 30-year mortgage rate to drop rather than rise.…
Mortgage Rates on the Move…Down?
While the average rate for a 30-year mortgage ticked up 2 basis points over the past week to 3.97 percent, the 10-year Treasury yield, which typically drives mortgage rates, is…