Articles Recently Tagged: Mortgage Rates

(206 posts)
Benchmark Mortgage Rate Approaching an All-Time Low

Benchmark Mortgage Rate Approaching an All-Time Low

The average rate for a benchmark 30-year mortgage has dropped to 3.41 percent over the past week, the lowest rate in over three years and within 10 basis points of the all-time low rate of 3.31 percent recorded in November 2012. The current average rate is now 63 basis... Read More »

Benchmark Mortgage Rate Nearing an All-Time Low

Benchmark Mortgage Rate Nearing an All-Time Low

With the unexpected result of the Brexit vote roiling the financial markets, resulting in a flight to quality and driving the yield on the 10-year Treasury down, the average rate for a benchmark 30-year mortgage has dropped to 3.48 percent, the lowest rate in over three years and within... Read More »

Benchmark Mortgage Rate Is Back to a Three-Year Low

Benchmark Mortgage Rate Is Back to a Three-Year Low

The average rate for a benchmark 30-year mortgage has dropped to 3.54 percent, the lowest rate in three years and 43 basis points below the 3.97 percent rate in place prior to the Fed’s first rate hike in December. The current rate is 46 basis points below the 4.00... Read More »

Mortgage Rates Dip on Pessimistic News, Probability of a Hike Drops

Mortgage Rates Dip on Pessimistic News, Probability of a Hike Drops

Having ticked up to 3.66 percent last week, the average rate for a benchmark 30-year mortgage has dropped to 3.60 percent and is back within 3 basis points of last month’s three-year low, spurred by a weaker than expected employment report. The current 30-year rate is 37 basis points... Read More »

Mortgage Rates Tick up but Remain near Three-Year Lows

Mortgage Rates Tick up but Remain near Three-Year Lows

Having dropped to a three-year low of 3.57 percent, the average rate for a benchmark 30-year mortgage has ticked up 7 basis points to 3.64 percent over the past two weeks but remains 33 basis points below the 3.97 percent rate in place prior to the Fed’s first rate... Read More »

Benchmark Mortgage Rate Drops to Three-Year Low

Benchmark Mortgage Rate Drops to Three-Year Low

The average rate for a benchmark 30-year mortgage has dropped to 3.57 percent, the lowest rate in three years and 40 basis points below the 3.97 percent rate in place prior to the Fed’s first rate hike in December. The current rate is 28 basis points below the 3.85... Read More »

Benchmark Mortgage Rate Drops to One-Year Low

Benchmark Mortgage Rate Drops to One-Year Low

The average rate for a benchmark 30-year loan has dropped to 3.59 percent, down 12 basis points over the past week to the lowest rate in over a year and 38 basis points below the 3.97 percent rate in place prior to the Fed’s first rate hike in December.... Read More »

Benchmark Mortgage Rate Levels off, Potential for a Dip

Benchmark Mortgage Rate Levels off, Potential for a Dip

The average rate for a benchmark 30-year loan has held at 3.71 percent for the second week in a row, which is 1 basis point above the average rate at the same time last year and 26 basis points below the 3.97 percent rate in place prior to the... Read More »

Mortgage Rates Move up While Expectations for a Hike Dip

Mortgage Rates Move up While Expectations for a Hike Dip

The average rate for a benchmark 30-year loan has ticked up for the third week in a row, but the current 3.73 percent rate remains 5 basis lower versus the same time last year and 24 basis points below the 3.97 percent rate in place prior to the Fed’s... Read More »

Mortgage Rates Tick up but No Chance of a Hike

Mortgage Rates Tick up but No Chance of a Hike

On the heels of a seven-week slide, the average rate for a benchmark 30-year loan has ticked up for the second week in a row to 3.68 percent but remains within 9 basis points of a near three-year low (and 22 basis points lower than at the same time... Read More »