Articles Recently Tagged: Primary Mortgage Market Survey

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30-Year Mortgage Rate Ticks Up To Highest Level In 2015

30-Year Mortgage Rate Ticks Up To Highest Level In 2015

Having crossed the 4 percent mark for the first time since the fourth quarter of 2014 last month, the average rate for a 30-year fixed mortgage has ticked up to 4.09 percent, the highest rate this year and within 4 basis points of the 4.13 percent average rate recorded... Read More »

Mortgage Rate Hits 2015 High

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 of 3.59 percent recorded this past February. That being said, the rate remains 25 basis points below the 4.12... Read More »

Mortgage Rates On The Move

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 February but 41 basis points below the 4.21 percent average rate at the same time last year. The 30-year... Read More »

Mortgage Rates Drop, Nearing 22-Month Lows

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 its 22-month low (3.59 percent) recorded last month.  At this time last year, the 30-year rate averaged 4.40 percent.... Read More »

Mortgage Rates Resume Their Climb

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 over the past five weeks. At this time last year, the 30-year rate averaged 4.37 percent. The 30-year rate,... Read More »

Mortgage Rates On The Rise

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 at the beginning of the month. The 30-year rate was 4.37 percent at this time last year. Averaging 6.7... Read More »

Mortgage Rates Move Up From 21-Month Lows

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 the 4.28 percent average rate at the same time last year. Averaging 6.7 percent over the past twenty years,... Read More »

Mortgage Rates Reverse Course, Drop To 21-Month Lows

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 below the 4.32 percent average rate at the same time last year. Averaging 6.7 percent over the past twenty... Read More »

Mortgage Rates Tick Up From 20-Month Lows

Mortgage Rates Tick Up From 20-Month Lows

Having dropped to a 20-month low of 3.63 percent last week, the average rate for a conforming 30-year mortgage has ticked back up to 3.66 percent but remains 66 basis points below the 4.32 percent average rate at the same time last year. Averaging 6.7 percent over the past... Read More »

Mortgage Rates Drop As Bond Market Sounds An Economic Warning

The average rate for a conforming 30-year mortgage has dropped to 3.73 percent, the lowest rate since May of 2013 when the rate averaged 3.59 percent and 78 basis points below the 4.51 percent average rate at the same time last year. While the Federal Reserve is expected to... Read More »