Odds of a Rate Hike Rise, 10-Year Treasury on the Move
According to activity in the futures market, the probability of a Federal Funds rate hike by the end of the year has jumped from 30 percent in October to 75…
The Fed Positions for a Rate Hike next Month
While emphasizing that “no decision had been made,” the minutes for the Fed’s Open Market Committee meeting last month included new language to specifically highlight that a Federal Funds rate…
Mortgage Rates Move Up, Odds of a Rate Hike Jump (Again)
The average rate for a conforming 30-year mortgage increased another 11 basis points over the past week to 3.98 percent, the highest rate since July. The average 30-year rate is…
Mortgage Rates Move Up, Odds Of A Rate Hike Jump
The average rate for a conforming 30-year mortgage increased 11 basis points over the past week to 3.87 percent, up 28 basis point from the 3.59 percent low for the…
Probability Of A Rate Hike In 2015 Down To 30 Percent
While mortgage rates ticked-up a few basis points over the past week, the average rate for a 30-year mortgage (3.82 percent) remains below four percent for the twelfth week in…
Mortgage Rates Drop, Odds Of A Hike In 2015 Under 50 Percent
While local employment remains on a tear, a weaker than expected U.S. jobs report spooked the market and drove Treasury rates down over the past week as assets shifted to…
Mortgage Rates Drop Along With Odds Of A Hike In 2015
With the Fed having balked at raising the Federal funds rate last week, the average rate for a 30-year mortgage dropped to 3.86 percent, down from 3.91 percent the week…
Odds Against A Rate Hike This Month, Likely In December
According to an analysis of the futures market by the CME Group, the probability that the Fed will hike interest rates tomorrow currently stands at 23 percent with the probability…
Benchmark Mortgage Rate Drops To A Three-Month Low
Having dipped back below 4 percent four weeks ago, the average rate for a 30-year mortgage has dropped to 3.84 percent, the lowest average rate since May and versus 4.10…
Average 30-Year Mortgage Rate Drops Back Below 4 Percent
Having ticked up to 4.09 percent two weeks ago, the highest rate so far this year, the average rate for a 30-year mortgage has dropped to 3.98 percent, versus 4.12…