Benchmark Mortgage Rate Drops to a Six-Month Low, And…
Having slipped back under 7 percent last week, the average rate for a benchmark 30-year mortgage has since dropped another 28 basis points (0.28 percentage points) to 6.67 percent, which…
Benchmark Mortgage Rate Slips Back Under 7 Percent
The average rate for a benchmark 30-year mortgage has slipped back under 7 percent for the first time in four months, inching down 8 basis points (0.08 percentage points) over…
Benchmark Mortgage Rate Drops as Odds of Rate Cuts Rise
The average rate for a benchmark 30-year mortgage dropped another 19 basis points (0.19 percentage points) over the past two weeks to 7.03 percent, which is 71 basis point below…
Benchmark Mortgage Rate Drops to 7.29 Percent
The average rate for a benchmark 30-year mortgage has ticked down 21 basis points (0.21 percentage points) over the past two weeks to 7.29 percent, which is 71 basis points…
Benchmark Mortgage Rate Back Below Average at 7.5 Percent
As we outlined last week, while the average rate for a benchmark 30-year mortgage had only inched down 3 basis points to 7.76 percent, according to Freddie Mac and headlines…
Benchmark Mortgage Rate Poised to Slip Below Average
Having hit a 23-year high of 7.79 percent last week, the average rate for a benchmark 30-year mortgage has since inched down 3 basis points (0.03 percentage points) to 7.76…
Benchmark Mortgage Rate Nears a 23-Year High, Jumbos Jump
The average rate for a benchmark 30-year mortgage ticked up another 12 basis points (0.12 percentage points) over the past week to 7.31 percent, which is 61 basis points higher…
Purchase Mortgage Activity Ticks Down
The number of applications to secure a purchase mortgage loan for an existing home in the U.S., which dropped back down to a 28-year low earlier this month, ticked down…
Benchmark Mortgage Rate Inches Back Up, Odds of an Easing Nil
The average rate for a benchmark 30-year mortgage inched back up 6 basis points (0.06 percentage points) over the past week to 7.18 percent and is back to within 5…
Average 30-Year Mortgage Rate Inches Down to 7.12 Percent
The average rate for a benchmark 30-year mortgage has inched down 11 basis points (0.11 percentage points) over the past two weeks, from a 22-year high of 7.23 percent to…