Fed Expected To Raise Interest Rates By The End Of The Year
With employment on the rise and an uptick in economic activity, the Fed appears to be on track for a half-point increase in interest rates by the end of the…
30-Year Mortgage Rate Over 4 Percent For First Time In 2015
As we expected last week with the underlying basis on the move, the average rate for a 30-year mortgage has continued to climb, crossing the four percent mark for the…
Basis For 30-Year Mortgage Rate On The Move (Up)
Since hitting a 2015 high of 3.87 percent last week, the average rate for a 30-year fixed mortgage has been relatively unchanged. But the 10-year Treasury yield, the basis for…
Mortgage Rate Hits 2015 High
The average rate for a conforming 30-year mortgage has ticked up to 3.87 percent, the highest average rate in 2015 and 28 basis points above the near two-year low rate…
Mortgage Rates On The Move
The average rate for a conforming 30-year mortgage increased 12 basis points over the past week to 3.80 percent, up 21 basis point from a 3.59 percent 21-month low in…
Mortgage Rates Drop, Nearing 22-Month Lows
Mortgage rates have dropped for the second week in a row and the average rate for a conforming 30-year mortgage is down to 3.69 percent, within 10 basis point of…
Mortgage Rates Resume Their Climb
Following a slight one-week dip, mortgage rates continued to climb over the past week, with the rate for a conforming 30-year mortgage now averaging 3.86 percent, up 27 basis points…
Mortgage Rates On The Rise
Mortgage rates have ticked up for the third week in a row and the average rate for a conforming 30-year mortgage is currently averaging 3.8 percent, up from 3.59 percent…
Mortgage Rates Move Up From 21-Month Lows
Erasing a one week dip to a 21-month low, the average rate for a conforming 30-year mortgage increased from 3.59 percent to 3.69 percent but remains 59 basis points below…
Mortgage Rates Reverse Course, Drop To 21-Month Lows
Erasing a one week bump and back to a 21-month low, the average rate for a conforming 30-year mortgage has dropped from 3.66 percent to 3.59 percent, 73 basis points…