As expected, the average rate for a benchmark 30-year mortgage dropped another 16 basis points (0.16 percentage points) over the past week to 6.33 percent but remains over twice as high as it was at the same time last year and 139 percent higher than last year’s all-time low... Read More »
The average rate for a benchmark 30-year mortgage has dropped below 4 percent for the first time since November, shedding 11 basis points over the past week and 33 basis points since the the Fed’s second rate hike last month. At the same time, the current 30-year average rate... Read More »
The average rate for a benchmark 30-year mortgage ticked up 5 basis points over the past two weeks, an 11 point jump over the past seven days, and is back to a calendar year high of 4.21 percent, according to Freddie Mac’s Primary Mortgage Market Survey. Having jumped 67... Read More »
Having jumped 62 basis points over the past four months to 4.16 percent today, which is 54 basis points above the 3.62 rate in place at the same time last year, the average rate for a benchmark 30-year mortgage has been holding within a narrow 4 basis point range... Read More »
Ending a three-week slide, the average rate for a benchmark 30-year mortgage ticked up 10 basis points over the past week to 4.19 percent and is now running 40 basis points above the 3.79 rate in place at the same time last year but remains 11 basis points below... Read More »
The average rate for a benchmark 30-year mortgage has slipped 8 basis points over the past week to 4.12 percent. While the average remains 20 basis points above the 3.92 rate in place at the same time last year, it has dropped 18 basis points from the 4.30 percent... Read More »
Having hit a 32-month high at the end of 2016, the average rate for a benchmark 30-year mortgage slipped 12 basis points over the past week to start the year at 4.20 percent, which is the first time the average 30-year rate has been above 4 percent at the... Read More »
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 5 basis points to an average rate of 4.01 percent on the last day of 2015. The current rate... Read More »
With the Fed having balked at raising the Federal funds rate last week, the average rate for a 30-year mortgage dropped to 3.86 percent, down from 3.91 percent the week before and versus a 4.20 percent rate at the same time last year, according to Freddie Mac’s latest Primary... Read More »
Having ticked up to 4.09 percent two weeks ago, the highest rate so far this year, the average rate for a 30-year mortgage has dropped to 3.98 percent, versus 4.12 percent at the same time last year, according to Freddie Mac’s latest Primary Mortgage Market Survey. The 30-year rate,... Read More »
“No. You spoke of future nadir. When countered with current, improving prices? You cited a trailing i...” [more]
“Agree the developer will sit on the entitlement for 3 years. If things have significantly improved i...” [more]
“UPDATE: With the benchmark 30-year mortgage rate still hovering around 6.5 percent, despite last wee...” [more]
“How 'bout - get ready for it! - white wallpaper ??...” [more]
“I wouldn't say that mortgage rates are going to rise now, let's say over the course of the next coup...” [more]
“Doesn't surprise me that this is pending after a week on the market. Hayes Valley is a thriving nei...” [more]
“UPDATE: More Height for Market-Rate Tower Closer to Reality...” [more]
“Location on narrow alley street, around the corner from tunnel. Frontage has limited curb appeal. Pa...” [more]
“When you own an asset where the debt you took on to acquire it was fixed at about 3 percent for 30-y...” [more]
“district elections hold people closer to their constituents and make it harder for downtown money to...” [more]