Benchmark Mortgage Rate Drops to a New All-Time Low
As we noted last week, while the average rate for a benchmark 30-year mortgage had inched up to 3.21 percent, there weren’t any hikes on the horizon. And in fact,…
Benchmark Mortgage Rate Inches Up, No Hikes on the Horizon
Having dropped to an all-time low of 3.15 percent two weeks ago, the average rate for a benchmark 30-year mortgage has since inched up 6 basis points (0.06 percentage points)…
Benchmark Mortgage Rate Drops to a New All-Time Low
Having inched down last week, the average rate for a benchmark 30-year mortgage has since shed another 9 basis points (0.09 percentage points) to 3.15 percent which is 8 basis…
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 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…
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…
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…
Mortgage Rates Move Higher, Odds of a Rate Hike Slip
Having hit a 7-year high last week, the average rate for a benchmark 30-year mortgage has ticked up another 5 basis points to 4.66 percent, which is 71 basis points…
Mortgage Rates Hit Seven-Year Highs, Odds of a Rate Hike Hold
Having ticked up 6 basis points over the past week, the average rate for a benchmark 30-year mortgage now measures 4.61 percent, which is 59 basis points higher than the…
Benchmark Mortgage Rate Holds along with Odds of a Rate Hike
The average rate for a benchmark 30-year mortgage held at 4.55 percent over the past week but remains 50 basis points above the 4.05 percent rate in place at the…