Benchmark Mortgage Rate Back Under 3 Percent
Having inched up to 3.00 percent last week, the average rate for a benchmark 30-year mortgage has since inched back down 5 basis points (0.05 percentage points) to 2.95 percent,…
Benchmark Mortgage Rate Inches Up, Short-Term Rate Holds
The average rate for a benchmark 30-year mortgage inched up 6 basis points (0.06 percentage points) over the past week to 3.00 percent but is still 24 basis points below…
Benchmark Mortgage Rate Inches Down, Short-Term Rate Drops
The average rate for a benchmark 30-year mortgage inched down another 2 basis points (0.02 percentage points) over the past week to 2.94 percent, which is 34 basis points below…
Benchmark Mortgage Rate Inches Down to 2.96 Percent
Despite concerns that Treasury Secretary Janet Yellen’s recent comments hinted at the need for the Fed to raise rates sooner rather than later, in order to keep the economy from…
Benchmark Mortgage Rate Back Under 3 Percent
Having inched down another 7 basis points over the past week, the average rate for a benchmark 30-year mortgage has dropped to 2.97 percent, which is 36 basis points below…
Mortgage Rates Drop
Having inched down 5 basis points last week, the average rate for a benchmark 30-year mortgage has since dropped another 9 basis points to 3.04 percent, which is 27 basis…
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…
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…
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…
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…