Benchmark Mortgage Rate Poised to Inch Down
The average rate for a benchmark 30-year mortgage inched down 6 basis points (0.06 percentage points) over the past week to 6.89 percent, which is 7 basis points lower than…
Benchmark Mortgage Rate Inches Down, Poised to Drop
Measured prior to yesterday’s affirmation by the Fed, the average rate for a benchmark 30-year mortgage inched down 4 basis points (0.04 percentage points) over the past week to 6.95…
Benchmark Mortgage Rate Expected to Hold
Having jumped 18 basis points (0.18 percentage points) last week to 7.49 percent, the average rate for a benchmark 30-year mortgage has since ticked up another 8 basis points to…
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…
Homebuyer Sentiment Remains Low Despite Drop in Rates
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…
Benchmark Mortgage Rate Drops Below 4 Percent
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…
Mortgage Rates Return to 2017 Highs, Odds of a Rate Hike Rockets
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…
Mortgage Rates Hold, Probability of a Hike in May
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…
Mortgage Rates Move up along with the Odds of a June Hike
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…
Mortgage Rates Slip, Odds of a Hike in June
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…