Benchmark Mortgage Rate Hits a 31-Month Low
As foreshadowed, the average rate for a 30-year mortgage dropped 11 basis points over the past week to 3.73 percent, which is now down 121 basis points (1.21 percentage points)…
Mortgage Rates Hover Near Two-Year Lows, Primed to Drop
While the average rate for a 30-year mortgage was unchanged over the past week, holding near a two-year low of 3.82 percent, Freddie Mac’s latest Mortgage Market Survey was conducted…
Pace of Home Sales in San Francisco Drops
Down 6.9 percent on a year-over-year basis through the first four months of the year, marking the slowest start to the local market since 2010, home sales in San Francisco…
Benchmark Mortgage Rate Nearly Hits a Two-Year Low
The average rate for a 30-year mortgage dropped 17 basis points over the past week and now measures 3.82 percent. That’s the lowest 30-year rate since the third quarter of…
Benchmark Mortgage Rate Dips Under 4 Percent, Odds of Easing Up
Having shed 7 basis points over the past week, the average rate for a 30-year mortgage now measures 3.99 percent, an average rate which is 57 basis points lower than…
Benchmark Mortgage Rate Dips, Odds of an Easing Jumps
The average rate for a 30-year mortgage shed 7 basis points over the past two weeks to 4.07 percent, an average rate which is now 54 basis points lower than…
Benchmark Mortgage Rate Slips, Odds of an Easing Drops
The average rate for a 30-year mortgage dropped 6 basis points over the past week to 4.14 percent, which is 41 basis points below the average rate as measured at…
Benchmark Mortgage Rate Ticks Up, Odds of an Easing Jumps
The average rate for a 30-year mortgage inched up 3 basis points over the past week to 4.20 percent, which is up 14 basis points since the end of March…
Benchmark Mortgage Rate Ticks Up, Odds of an Easing Slips
The average rate for a 30-year mortgage ticked up 5 basis points over the past week to 4.17 percent, which is up 11 basis points since the end of March…
Mortgage Rates Inch Up, Inversion Increases, Odds of Easing Even
Having dropped 35 basis points in March, including the biggest one week drop in over a decade, the average rate for a 30-year mortgage has ticked up 6 basis points…