Odds Against A Rate Hike This Month, Likely In December
According to an analysis of the futures market by the CME Group, the probability that the Fed will hike interest rates tomorrow currently stands at 23 percent with the probability…
Average 30-Year Mortgage Rate Drops Back Below 4 Percent
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…
Fed Expected To Raise Interest Rates By The End Of The Year
With employment on the rise and an uptick in economic activity, the Fed appears to be on track for a half-point increase in interest rates by the end of the…
30-Year Mortgage Rate Over 4 Percent For First Time In 2015
As we expected last week with the underlying basis on the move, the average rate for a 30-year mortgage has continued to climb, crossing the four percent mark for the…
Mortgage Rates Drop As Bond Market Sounds An Economic Warning
The average rate for a conforming 30-year mortgage has dropped to 3.73 percent, the lowest rate since May of 2013 when the rate averaged 3.59 percent and 78 basis points…
Mortgage Rates Drop To Lowest Levels In 2014
The average rate for a conforming 30-year mortgage dropped from 3.93 to 3.80 over the past week, the lowest level since May 2013 and 67 basis points below the 4.47…
Mortgage Rates Back Below 4 Percent, Lowest Since Mid-2013
Having ticked up to just over 4 percent last month, the average rate for a conforming 30-year fixed-rate mortgage has dropped to 3.89 percent, the lowest level since May 2013…
Mortgage Rates Tick Up, Average 30-Year Rate Above 4 Percent
The average rate for a conforming 30-year fixed-rate mortgage has ticked up from 3.92 to 4.02 percent over the past two weeks but remains 14 basis points below the 4.16…
Mortgage Rates Drop To 16-Month Low
As we expected, the average rate for a conforming 30-year fixed-rate mortgage dropped to its lowest point in over a year, down from 3.97 percent to 3.92 percent over the…
30-Year Mortgage Rate Under 4 Percent, Lowest In Over A Year
The average rate for a conforming 30-year fixed-rate mortgage has dropped from 4.12 percent to 3.97 over the past week, the first time it has been under 4 percent in…