Articles Recently Tagged: Mortgage Rates

(239 posts)
Benchmark Mortgage Rate Nearing a 10-Month High

Benchmark Mortgage Rate Nearing a 10-Month High

The average rate for a benchmark 30-year mortgage, which inched over 3 percent for the first time since last July earlier this month, inched up another 8 basis points (0.08 percentage points) over the past week to 3.17 percent and is nearing a 10-month high. That being said, the... Read More »

Mortgage Loan Activity Slips Driven by a Drop in Refinancings

Having ticked up 2 percent last week, mortgage loan activity across the U.S. has since slipped a percent, driven by a drop in refinancing activity, according to the Mortgage Bankers Association. In fact, while applications to refinance were up 100 percent on a year-over-year basis just two months ago,... Read More »

Benchmark Mortgage Rate Inches Over 3 Percent

Benchmark Mortgage Rate Inches Over 3 Percent

Having jumped 16 basis points (0.16 percentage points) last week, the average rate for a benchmark 30-year mortgage has since inched up another 5 basis points to 3.02 percent, which is the highest average rate in a little over seven months. That being said, the average 30-year rate is... Read More »

Mortgage Loan Activity Ticks Up, But…

Having dropped 10 percent last week, mortgage loan activity across the U.S. ticked up 2.0 percent this week, with purchase loan activity ticking up 5 percent and refinancing activity inching up 0.1 percent, according to the Mortgage Bankers Association. But the year-over-year increase in purchase loan activity, which measured... Read More »

Benchmark Mortgage Rate Hits a Six-Month High

Benchmark Mortgage Rate Hits a Six-Month High

Having inched up 8 basis points (0.08 percentage point) to a three-month high last week, the average rate for a benchmark 30-year mortgage has since jumped another 16 basis points to 2.97 percent, which is the highest average rate in six months. That being said, the average 30-year rate... Read More »

Mortgage Loan Activity Drops

Having slipped earlier this month, mortgage loan activity across the U.S. dropped 10 percent over the past week, with purchase loan activity dropping 8 percent and refinancing activity down 11 percent, according to the Mortgage Bankers Association. That being said purchase activity is still 7 percent higher than at... Read More »

Benchmark Mortgage Rate Hits a “Three-Month High”

Benchmark Mortgage Rate Hits a “Three-Month High”

Having held at 2.73 percent for a couple of weeks, the average rate for a benchmark 30-year mortgage has since inched up 8 basis points to 2.81 percent. And while that’s the “highest average rate since mid-November,” it’s still 68 basis points below its mark at the same time... Read More »

Benchmark Mortgage Rate Holds

Benchmark Mortgage Rate Holds

The average rate for a benchmark 30-year mortgage has held at 2.73 percent over the past two weeks, which is only 8 basis points (0.08 percentage points) above its all-time low of 2.65 percent recorded at the start of this year and less than half the average 30-year rate... Read More »

Mortgage Loan Activity Slips

While purchase mortgage activity across the U.S. ticked up 2 percent over the past week and is still running 17 percent higher than at the same time last year, purchase activity slipped 5 percent on a seasonally adjusted basis with the spring season about to get underway. At the... Read More »

Benchmark Mortgage Rate Inches Down, Short-Term Rate Drops

Benchmark Mortgage Rate Inches Down, Short-Term Rate Drops

Having ticked up to 2.79 percent from an all-time low of 2.65 percent three weeks ago, the average rate for a benchmark 30-year mortgage has since inched back down to 2.73 percent which is 78 basis points, or over 20 percent, below its mark at the same time last... Read More »