Articles Recently Tagged: Mortgage Rates

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Mortgage Rates On The Rise

Mortgage Rates On The Rise

Mortgage rates have ticked up for the third week in a row and the average rate for a conforming 30-year mortgage is currently averaging 3.8 percent, up from 3.59 percent at the beginning of the month. The 30-year rate was 4.37 percent at this time last year. Averaging 6.7... Read More »

Mortgage Rates Move Up From 21-Month Lows

Mortgage Rates Move Up From 21-Month Lows

Erasing a one week dip to a 21-month low, the average rate for a conforming 30-year mortgage increased from 3.59 percent to 3.69 percent but remains 59 basis points below the 4.28 percent average rate at the same time last year. Averaging 6.7 percent over the past twenty years,... Read More »

Mortgage Rates Reverse Course, Drop To 21-Month Lows

Mortgage Rates Reverse Course, Drop To 21-Month Lows

Erasing a one week bump and back to a 21-month low, the average rate for a conforming 30-year mortgage has dropped from 3.66 percent to 3.59 percent, 73 basis points below the 4.32 percent average rate at the same time last year. Averaging 6.7 percent over the past twenty... Read More »

Mortgage Rates Tick Up From 20-Month Lows

Mortgage Rates Tick Up From 20-Month Lows

Having dropped to a 20-month low of 3.63 percent last week, the average rate for a conforming 30-year mortgage has ticked back up to 3.66 percent but remains 66 basis points below the 4.32 percent average rate at the same time last year. Averaging 6.7 percent over the past... Read More »

Mortgage Rates Continue To Drop, Jumbos At A Small Premium

Mortgage Rates Continue To Drop, Jumbos At A Small Premium

The average rate for a conforming 30-year mortgage has fallen for the third week in a row to 3.66 percent, the lowest rate since May 2013 when the rate averaged 3.59 percent and 75 basis points below the 4.41 percent average rate at the same time last year. And... Read More »

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 below the 4.51 percent average rate at the same time last year. While the Federal Reserve is expected to... Read More »

Mortgage Rates Drop To Lowest Levels In 2014

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 percent average rate at the same time last year. That being said, with the Federal Reserve having rather clumsily... Read More »

Mortgage Rates Back Below 4 Percent, Lowest Since Mid-2013

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 and 57 basis points below the 4.46 percent rate at the same time last year. Averaging around 6.7 percent... Read More »

Mortgage Rates Tick Up, Average 30-Year Rate Above 4 Percent

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 percent rate at the same time last year. As we noted two weeks ago, with unemployment claims at their... Read More »

Mortgage Rates Drop To 16-Month Low

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 past week and versus 4.13 percent at the same time last year.  The current average rate is at its lowest... Read More »