Benchmark Mortgage Rate Nearing an All-Time Low
With the unexpected result of the Brexit vote roiling the financial markets, resulting in a flight to quality and driving the yield on the 10-year Treasury down, the average rate…
Benchmark Mortgage Rate Is Back to a Three-Year Low
The average rate for a benchmark 30-year mortgage has dropped to 3.54 percent, the lowest rate in three years and 43 basis points below the 3.97 percent rate in place…
Mortgage Rates Dip on Pessimistic News, Probability of a Hike Drops
Having ticked up to 3.66 percent last week, the average rate for a benchmark 30-year mortgage has dropped to 3.60 percent and is back within 3 basis points of last…
Mortgage Rates Tick up but Remain near Three-Year Lows
Having dropped to a three-year low of 3.57 percent, the average rate for a benchmark 30-year mortgage has ticked up 7 basis points to 3.64 percent over the past two…
Benchmark Mortgage Rate Drops to Three-Year Low
The average rate for a benchmark 30-year mortgage has dropped to 3.57 percent, the lowest rate in three years and 40 basis points below the 3.97 percent rate in place…
Benchmark Mortgage Rate Drops to One-Year Low
The average rate for a benchmark 30-year loan has dropped to 3.59 percent, down 12 basis points over the past week to the lowest rate in over a year and…
Benchmark Mortgage Rate Levels off, Potential for a Dip
The average rate for a benchmark 30-year loan has held at 3.71 percent for the second week in a row, which is 1 basis point above the average rate at…
Mortgage Rates Move up While Expectations for a Hike Dip
The average rate for a benchmark 30-year loan has ticked up for the third week in a row, but the current 3.73 percent rate remains 5 basis lower versus the…
Mortgage Rates Tick up but No Chance of a Hike
On the heels of a seven-week slide, the average rate for a benchmark 30-year loan has ticked up for the second week in a row to 3.68 percent but remains…
Benchmark Mortgage Rate Nearing Three-Year Low
The average rate for a benchmark 30-year loan dropped to 3.62 percent over the past week and is within 3 basis points (0.03) of its lowest rate since mid-2013 as…