Mortgage Rates Holding Near All-Time Lows
While the average rate for a benchmark 30-year mortgage has inched up 5 basis points (0.05 percentage points) over the past two weeks to 3.28 percent, it’s effectively holding around…
Benchmark Mortgage Rate Drops to an All-Time Low
Having inched up last week, the average rate for a benchmark 30-year mortgage has since dropped 10 basis points (0.10 percentage points) and now measures 3.23 percent, which 91 basis…
Benchmark Mortgage Rate Inches Up, Short-Term Rate Slips
Having inched down to within 2 basis points (0.02 percentage points) of an all-time low last week, the average rate for a benchmark 30-year mortgage has since inched back up…
Benchmark Mortgage Rate Inches Down to a Near-Record Low
The average rate for a benchmark 30-year mortgage inched down another 2 basis points over the past week to 3.31 percent, which is 86 basis points (0.86 percentage points) below…
Benchmark Mortgage Rate Holding Near an All-Time Low
Having dropped 32 basis points (0.32 percentage points) since mid-March, the average rate for a benchmark 30-year mortgage is now holding at 3.33 percent, which is 79 basis points below…
First 30-Year Rate “Inversion” Since 2009
In a move which shouldn’t catch any plugged-in readers by surprise, the average rate for a benchmark 30-year mortgage has dropped another 17 basis points over the past week for…
Benchmark Mortgage Rate Drops, Short-Term Rate Jumps
Having spiked last week, the average rate for a benchmark 30-year mortgage has since shed 15 basis points for an average rate of 3.50 percent, which is 56 basis points…
Mortgage Rates Spike
Having inched up from an all-time low of 3.29 percent to 3.36 percent last week, the average rate for a benchmark 30-year mortgage has since jumped another 29 basis points…
The Fed Just Dropped Rates to Near-Zero, And…
Having already rolled out an emergency rate cut of 50 basis points two weeks ago, the Federal Reserve has just announced an even larger cut of a full percentage point…
Benchmark Mortgage Rate Inches Up, Short-Term Rates Drop
Having dropped to an all-time low of 3.29 percent last week, the average rate for a benchmark 30-year mortgage has since inched up 7 basis points to 3.36 percent but…