Mortgage Rates Inch Up, Probability of a Rate Hike Hits 100 Percent
The average rate for a benchmark 30-year mortgage inched up 2 basis points over the past week to 4.54 percent, which is 76 basis points above its average rate of…
Benchmark Mortgage Rate Hovering Around 4.5 Percent
Having bounced around a narrow 15 basis point band over the past four months, the average rate for a benchmark 30-year mortgage has been hovering around 4.5 percent over the…
Mortgage Rates Slip, Probability of a Rate Hike Hits 98 Percent
The average rate for a benchmark 30-year mortgage slipped 7 basis points over the past two weeks to 4.53 percent but remains 64 basis points above its mark at the…
Mortgage Rates Tick Up, Short-Term Rate Hits Eight-Year High
The average rate for a benchmark 30-year mortgage has ticked 8 basis points over the past two weeks to 4.60 percent, which is 67 basis points higher on a year-over-year…
Mortgage Rates Inch up along with Probability of Next Rate Hike
The average rate for a benchmark 30-year mortgage inched up a single (1) basis points over the past week to 4.53 percent, which is 50 basis points higher on a…
Benchmark Mortgage Rate Slips, Short-Term Rate Inches Up
The average rate for a benchmark 30-year mortgage slipped 2 basis points over the past week to 4.55 percent but remains 67 basis points higher on a year-over-year basis and…
Benchmark Mortgage Rate Slips Post Hike
With last week’s expected rate hike already priced in, and the 10-year Treasury having dipped following said hike, the average rate for a benchmark 30-year mortgage slipped 5 basis points…
Mortgage Rates Ticked Up Prior to Yesterday’s Rate Hike
While measured prior to the Fed’s announcement yesterday, the average rate for a benchmark 30-year mortgage had ticked up 8 basis points over the past week to 4.62 percent, which…
The Fed Institutes Another Rate Hike, Signals Two More This Year
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 accelerated expectations for two…
Mortgage Rates Slip along with the Odds of a Rate Hike in June
Having ticked up to a 7-year high, the average rate for a benchmark 30-year mortgage slipped 10 basis points over the past week to 4.56 percent but remains 62 basis…