Mortgage Rates Tick Up to a 26-Month High, Poised to Move Higher
Measured prior to yesterday’s rate hike, the average rate for a benchmark 30-year mortgage ticked up another 3 basis points over the past week to 4.16 percent, the highest average…
The Fed Institutes a Rate Hike, Signals Three More in 2017
As predicted, the Federal Reserve has just raised interest rates for the first time since December of last year, upping the target federal funds target rate by 0.25 percent (25…
Mortgage Rates Hit Two-Year High, Probability of a Hike: 97%
The average rate for a benchmark 30-year mortgage ticked up another 5 basis points over the past week to 4.13 percent, the highest average rate in over two years and…
Mortgage Rates near Two-Year High, Probability of a Hike: 99%
Having rocketed over half a point (51 basis points) over the past three weeks, a move which shouldn’t have caught any plugged-in readers by surprise, the average rate for a…
Benchmark Mortgage Rate Hits 16-Month High, Hike Nearly Certain
For the first time this year, the average rate for a benchmark 30-year mortgage is over 4 percent. And having jumped 46 basis points over the past two weeks, a…
Mortgage Rates Rocket along with Probability of a Hike
In a move that shouldn’t catch any plugged-in readers by surprise, the average rate for a 30-year mortgage rocketed up 37 basis points over the past week to 3.94 percent,…
Mortgage Rates on the Move up, Poised for Post-Election Jump
The average rate for a 30-year mortgage ticked up 3 basis points over the past week to 3.57 percent, which is the highest rate since the beginning of June but…
Benchmark Mortgage Rate Bouncing around Four Month High
The average rate for a 30-year mortgage ticked up 7 basis points over the past week to 3.54 percent, which is the highest rate since the end of June but…
Benchmark Mortgage Rate Hits Four-Month High, Odds of a Hike Up
Having ticked down to within 11 basis points of an all-time low two weeks ago, the average rate for a 30-year mortgage has since moved up 10 basis points to…
Benchmark Mortgage Rate Moves up along with Probability of a Hike
Having ticked down to within 11 basis points of an all-time low last week, the average rate for a 30-year mortgage moved up 5 basis points to 3.47 percent over…