Benchmark Mortgage Rate Drops along with Odds of a Hike
The average rate for a benchmark 30-year mortgage slipped another 4 basis points over the past week to 3.82 percent which is another new low for the year. At the…
Benchmark Mortgage Rate Drops to New 2017 Low
Having slipped back below 4 percent last month, the average rate for a benchmark 30-year mortgage slipped another 3 basis points over the past week to 3.86 percent which is…
Benchmark Mortgage Rate Ticks down along with Odds of a Hike
Having slipped back below 4 percent three weeks ago, the average rate for a benchmark 30-year mortgage inched down another 3 basis points over the past week to 3.90 percent,…
Benchmark Mortgage Rate Back Below 4 Percent
Having ticked up to 4.03 percent two weeks ago, the average rate for a benchmark 30-year mortgage is now back down to 3.92 percent but remains 44 basis points above…
Benchmark Mortgage Rate Back over 4 Percent
The average rate for a benchmark 30-year mortgage ticked up another 7 basis points over the past week to 4.03 percent and is currently running 61 basis points above the…
Benchmark Mortgage Rate Ticks Up to 3.96%
Having held relatively steady since the Fed’s rate hike a few weeks ago, the average rate for a benchmark 30-year mortgage ticked up 8 basis points over the past week…
Benchmark Mortgage Rate Holds Post Hike
With the probability of the Fed’s rate hike last week already priced in, the average rate for a benchmark 30-year mortgage barely moved over the past seven days, dropping one…
The Fed Raises Rates, Signals Another Hike This Year
As predicted, the Federal Reserve just raised the benchmark Federal Funds rate, upping its target range by 0.25 percent (25 basis points) and signaling expectations for another quarter-point increase by…
Benchmark Mortgage Rate Back Below 4 Percent
The average rate for a benchmark 30-year mortgage has dropped to 3.95 percent, the lowest average rate this year and 35 basis points below the 4.30 percent rate in place…
Benchmark Mortgage Rate Holding Around 4 Percent
Having briefly dipped below 4 percent two weeks ago, the average rate for a benchmark 30-year mortgage has inched back up to 4.02 percent. While that’s 41 basis points above…