The Fed Raises Rates, Signals Two More Hikes in 2019
As projected, the Federal Reserve has just raised its benchmark Federal Funds rate, upping its target range by another 25 basis points to between 2.25 and 2.5 percent, while signaling…
Benchmark Mortgage Rate Drops to a Three-Month Low
The average rate for a benchmark 30-year mortgage has dropped 18 basis points over the past two weeks to 4.63 percent, which remains 70 basis points above its mark at…
Benchmark Mortgage Rate Holding, Odds of a Rate Hike Tick Up
Having dropped 13 basis points over the past two weeks, the average rate for a benchmark 30-year mortgage is now holding around 4.81 percent, which remains 91 basis points higher…
Benchmark Mortgage Rate Nearing Its 8-Year High
Having slipped at the end of October, the average rate for a benchmark 30-year mortgage increased 11 basis points over the past week to 4.94 percent, which is 104 basis…
Mortgage Rates Slip but Hover near 8-Year Highs
Having jumped to 4.9 percent in early October, which was the highest average rate since early 2011, the average rate for a benchmark 30-year mortgage has slipped 7 basis points…
Benchmark Mortgage Rate Jumps, Nearing an Eight-Year High
The average rate for a benchmark 30-year mortgage jumped 18 basis points over the past two weeks to 4.90 percent, which is now 99 basis points above its mark at…
Benchmark Mortgage Rate Rises to New Seven-Year High
The average rate for a benchmark 30-year mortgage jumped another 7 basis points over the past week to 4.72 percent, which is 89 basis points above its mark at the…
The Fed Raises Rates, Signals Another Hike in 2018
As predicted, the Federal Reserve has just raised its benchmark Federal Funds rate, upping its target range by another 0.25 percent (25 basis points) and signaling expectations for another quarter-point…
Benchmark Mortgage Rate Effectively Hits a Seven-Year High
The average rate for a benchmark 30-year mortgage ticked up another 5 basis points over the past week to 4.65 percent, which is 82 basis points above its mark at…
Mortgage Rates Rise, Largest YOY Increase since 2014
The average rate for a benchmark 30-year mortgage ticked up another 6 basis points over the past week to 4.6 percent, which is 82 basis points above its mark at…