Benchmark Mortgage Rate Drops, But…
Buoyed by a slowdown in the pace of inflation, the average rate for a benchmark 30-year mortgage dropped 47 basis points over the past week to 6.61 percent but is…
Benchmark Mortgage Rate Ending 2021 Up 44 Bips
The average rate for a benchmark 30-year mortgage inched up 6 basis points (0.06 percentage points) or bips over the past week to 3.11 percent, ending the year 44 basis…
Benchmark Mortgage Rate Inches Up, Fed Positioning for a Hike
The average rate for a benchmark 30-year mortgage inched up 1 basis points (0.01 percentage points) over the past week to 3.11 percent, which is 40 basis points above its…
Benchmark Mortgage Rate Ticks Back Over 3 Percent
Having slipped back under 3 percent last week, the average rate for a benchmark 30-year mortgage has since ticked up 12 basis points (0.12 percentage points) to 3.10 percent, which…
Benchmark Mortgage Rate Inches Back Under 3 Percent
Having dropped 16 basis points (0.16 percentage points) over the past two weeks, the average rate for a benchmark 30-year mortgage has inched back down to 2.98 percent, which is…