Articles Recently Tagged: Primary Mortgage Market Survey

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Mortgage Rates Return to 2017 Highs, Odds of a Rate Hike Rockets

Mortgage Rates Return to 2017 Highs, Odds of a Rate Hike Rockets

The average rate for a benchmark 30-year mortgage ticked up 5 basis points over the past two weeks, an 11 point jump over the past seven days, and is back to a calendar year high of 4.21 percent, according to Freddie Mac’s Primary Mortgage Market Survey. Having jumped 67... Read More »

Mortgage Rates Hold, Probability of a Hike in May

Mortgage Rates Hold, Probability of a Hike in May

Having jumped 62 basis points over the past four months to 4.16 percent today, which is 54 basis points above the 3.62 rate in place at the same time last year, the average rate for a benchmark 30-year mortgage has been holding within a narrow 4 basis point range... Read More »

Mortgage Rates Move up along with the Odds of a June Hike

Mortgage Rates Move up along with the Odds of a June Hike

Ending a three-week slide, the average rate for a benchmark 30-year mortgage ticked up 10 basis points over the past week to 4.19 percent and is now running 40 basis points above the 3.79 rate in place at the same time last year but remains 11 basis points below... Read More »

Mortgage Rates Slip, Odds of a Hike in June

Mortgage Rates Slip, Odds of a Hike in June

The average rate for a benchmark 30-year mortgage has slipped 8 basis points over the past week to 4.12 percent. While the average remains 20 basis points above the 3.92 rate in place at the same time last year, it has dropped 18 basis points from the 4.30 percent... Read More »

Benchmark Mortgage Rate Dips but Begins the Year above 4 Percent

Benchmark Mortgage Rate Dips but Begins the Year above 4 Percent

Having hit a 32-month high at the end of 2016, the average rate for a benchmark 30-year mortgage slipped 12 basis points over the past week to start the year at 4.20 percent, which is the first time the average 30-year rate has been above 4 percent at the... Read More »

Benchmark Mortgage Rate Hits a 32-Month High

Benchmark Mortgage Rate Hits a 32-Month High

As we foreshadowed within a basis point, the average rate for a benchmark 30-year mortgage jumped another 14 basis points over the past week to 4.30 percent, the highest average rate since April 2014 and 34 basis points above the 3.96 percent rate in place at the same time... Read More »

Mortgage Rates Tick Up to a 26-Month High, Poised to Move Higher

Mortgage Rates Tick Up to a 26-Month High, Poised to Move Higher

Measured prior to yesterday’s rate hike, the average rate for a benchmark 30-year mortgage ticked up another 3 basis points over the past week to 4.16 percent, the highest average rate since the fourth quarter of 2014 and 19 basis points higher than the 3.97 percent rate in place... Read More »

Mortgage Rates Hit Two-Year High, Probability of a Hike: 97%

Mortgage Rates Hit Two-Year High, Probability of a Hike: 97%

The average rate for a benchmark 30-year mortgage ticked up another 5 basis points over the past week to 4.13 percent, the highest average rate in over two years and 18 basis points higher than the 3.95 percent rate in place at the same time last year. The average... Read More »

Mortgage Rates near Two-Year High, Probability of a Hike: 99%

Mortgage Rates near Two-Year High, Probability of a Hike: 99%

Having rocketed over half a point (51 basis points) over the past three weeks, a move which shouldn’t have caught any plugged-in readers by surprise, the average rate for a benchmark 30-year mortgage now measures 4.08 percent and is within one basis point of a two-year high (4.09 percent... Read More »

Benchmark Mortgage Rate Hits 16-Month High, Hike Nearly Certain

Benchmark Mortgage Rate Hits 16-Month High, Hike Nearly Certain

For the first time this year, the average rate for a benchmark 30-year mortgage is over 4 percent. And having jumped 46 basis points over the past two weeks, a move which shouldn’t have caught any plugged-in readers by surprise, the prevailing 4.03 percent average rate is the highest... Read More »